The Untold Truth of PLH Scheme
Old HDB vs PLH Flats: Why older resale flats might hold value in prime areas!
Welcome back, property enthusiasts! In today's video, we're diving deep into the comparison between the old HDB flats and the new Prime Location Housing (PLH) flats. We'll explore why the older resale flats in prime areas are likely to hold their value well, especially with the new PLH policy in place.
PLH Flats Features and Restrictions:
o 10-Year Minimum Occupation Period (MOP)
o Subsidy recovery upon sale
o Tighter rental restrictions
o Income ceiling of $14,000, limiting loan amounts and capital growth
Why Older Resale Flats Hold Value:
o Limited supply of older 5-rm HDB flats in prime areas.
o Fewer restrictions
o Flexibility in renting and selling
o Higher loan capacity without income ceiling restrictions
Are you curious about how these factors play out in the property market? Watch the video to get a comprehensive analysis!
What are your thoughts on the PLH flats versus the older HDB flats in prime areas? Share your opinions and experiences in the comments below!
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