Statutory Board

Measures

Impact

Housing Development Board (HDB)

Allow households with income of between $8,000 to $10,000 to buy new DBSS flats with a $30,000 CPF Housing Grant

Improves affordability for sandwiched class, should fuel short to medium term demand for DBSS flats

HDB

Increase supply of new flats, DBSS and ECs

Ensure land price stability in the mid to long term but no immediate effect on prices

HDB

Shorten completion of BTO flats

No likely impact on prices nor reduce flat applications until shorter delivery timeline is physically felt

HDB

Increase Minimum Occupation Period (MOP) for non-subsidised flats to 5 years

Immediate to short term reduction of demand for public and private housing market particularly those multiple ownership i.e. owns a non-subsidised HDB flat and a private property.

Limited information on this market size.

HDB

Disallow concurrent ownership of both HDB flats and private residential properties within the MOP

Urban Redevelopment Authority (URA)

Increase holding period for imposition of Seller’s Stamp Duty (SSD) from 1 to 3 years

Increase costs for short term speculators but limited impact on genuine long term investors 

URA

For buyers with 1 or more outstanding housing loans

• Increase minimum cash payment from 5% to 10% of valuation limit
• Decrease Loan-to-Value (LTV) from 80% to 70%

Effectively reduces the affordability for buyers with outstanding home loans  

No impact on first time home buyers and buyers with high liquidity