WebOct 25, 2024 · There will be a different housing model for new Housing and Development Board (HDB) flats built in prime locations. Such flats will be designated as Prime Location Public Housing (PLH) flats. WebIn view of higher costs in prime areas, the government will provide additional subsidies for Prime Location Public Housing (PLH) flats but there will be a clawback condition upon resale. The PLH Model is put in place to prevent buyers of Prime Area BTOs from purchasing flats for investment purposes and benefitting from the lottery effect.
New rules for prime HDB flats not likely to impact private market ...
WebNov 29, 2024 · The PLH model was first introduced on October 26 by National Development Minister Desmond Lee. It was introduced with the main aim of keeping public housing in prime/central locations like the city centre and the Greater Southern Waterfront affordable, accessible and inclusive for all Singaporeans both at the initial purchase and at … WebTo prevent this from happening in Singapore, the Prime Location Public Housing (PLH) model was launched last year to build Housing and Development Board (HDB) flats in central locations - so that these areas "do not become exclusive neighbourhoods that only the well-to-do can enjoy in private housing", said Mr Lee. margaret west wing actress
What are Prime Location Public Housing (PLH) Model and Its Effect
WebOct 27, 2024 · Oct 27, 2024. Keeping public housing in prime locations affordable, accessible and inclusive for Singaporeans. The Ministry of National Development (MND) … WebApr 12, 2024 · Catalog; For You; The Straits Times. S’pore will refresh social compact on housing, says Desmond Lee 2024-04-12 - Michelle Ng Housing Correspondent [email protected] . Singapore will update its housing and planning strategies to reflect the concerns and aspirations of the times, and translate these into detailed plans in the … Web5 rows · The Prime Location Public Housing (PLH) model is a public housing model that aims to keep HDB ... kuoni all inclusive holidays