Good news for HDB flat buyers in 2023? How Budget 2023 will impact the property market

Budget 2023 is being announced even as we write this, and there is some good news for flat buyers — higher CPF grants seem likely to make resale flats more affordable.

In essence, these two groups are singled out for priority treatment among first-timers. That's to distinguish them from those perceived as being in less need, such as those who have a home but have never before had a housing subsidy . We suspect the age discrimination might be painful for older Singaporeans, and some may resent the tone of "have children or you're less of a priority." Still, it may be fair to argue those who have children right now, or will have soon, are in more urgent need of the space.

Kaylong ballot method technique revealed. So if serve grassroots or work in govt agency also got tembah ballot chance under the table? 😝

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Budget 2023: Buyer's stamp duty to increase for higher-value propertiesSINGAPORE: The buyer's stamp duty rate will increase for both residential and non-residential properties of higher value, Deputy Prime Minister Lawrence Wong said in his Budget speech on Tuesday (Feb 14). Buyer's stamp duty is a tax paid on documents signed when one buys or acquires property in Singapore.
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