Lottery effect of prime location housing may be tamed, but not for existing prime flats

October 27, 2021 9:04 PM

SINGAPORE – A new public housing model to keep flats in prime locations affordable may well succeed in taming the “lottery effect” or excessive windfall gains when such flats are resold, as conditions including additional subsidy clawbacks and a longer minimum occupation period (MOP) may make them less attractive.

Source : http://www.straitstimes.com/business/property/lottery-effect-of-prime-location-housing-may-be-tamed-but-not-for-existing-prime