The_King Posted December 16, 2022 Share Posted December 16, 2022 BTOs are the means through which many couples make their first foray into home ownership, and the "BTO proposal" has become, for better or worse, a milestone in many relationships. But with increasing discontent centred around oversubscribed projects and long waiting times, the BTO has become one of Singapore's most controversial — and coveted — assets. Yishun BTO empty for 8 years One Mothership reader was aggravated to find a PropertyGuru listing of a Yishun flat completed in 2014, in what appeared to be its original BTO condition (including a still-plastic-wrapped toilet bowl). Photo via PropertyGuru Photo via PropertyGuru Photo via PropertyGuru The 1,206 sq ft 5-room corner flat at Yishun Street 51 was listed at S$690,000. While the owners could not recall the exact purchase price for the unit, they estimated it was in the range of S$300,000 to S$400,000, the property agent told Mothership. The unit was originally purchased by a couple, the agent said. But when their business took a turn for the better, their family bought a landed property for everyone to stay in together, and the unit was abandoned. The agent did not elaborate on why the unit is only being listed for sale now, but highlighted that the price is negotiable. The unit's size and the recency of its completion means that it could be quite desirable. As this unit is in its original condition, no hacking of existing furnishings would be required either, making its renovation potentially more affordable than other resale flats. Mothership was able to access the listing on Property Guru on Friday (Dec. 16), though it appeared to have been taken down later in the day. HDB occupancy requirement According to the Housing and Development Board (HDB) website, flat buyers have to physically occupy their flat during the Minimum Occupancy Period, which is five years for BTO flats. Thereafter, they can choose to acquire a private property and retain their flat. 2 Link to comment Share on other sites More sharing options...
socrates469bc Posted December 16, 2022 Share Posted December 16, 2022 hdb, pls cum clean!!!!!!! thats why limpeh said hdb must be partially privatized to stop some pappy serfs from gaming the system. wahahahahahahahahahaha 3 Link to comment Share on other sites More sharing options...
chamfer Posted December 16, 2022 Share Posted December 16, 2022 I would no buy flats in yishun unless me is siaolang 3 Link to comment Share on other sites More sharing options...
XianGe Posted December 17, 2022 Share Posted December 17, 2022 Gaming the system.. 1 Link to comment Share on other sites More sharing options...
aaur4man Posted December 17, 2022 Share Posted December 17, 2022 don't hate the player hate the game 1 Link to comment Share on other sites More sharing options...
XianGe Posted December 17, 2022 Share Posted December 17, 2022 33 minutes ago, aaur4man said: don't hate the player hate the game Technically they did nothing wrong... They bought the place wait for >5yrs then sell... HDB oso wun be bothered to check every unit if it's occupied.. they hv the $$$... 1 Link to comment Share on other sites More sharing options...
aaur4man Posted December 17, 2022 Share Posted December 17, 2022 15 minutes ago, XianGe said: Technically they did nothing wrong... They bought the place wait for >5yrs then sell... HDB oso wun be bothered to check every unit if it's occupied.. they hv the $$$... they can also say they sleep on the floor, eat outside and shit/shower in clubhouse toilets 2 Link to comment Share on other sites More sharing options...
XianGe Posted December 17, 2022 Share Posted December 17, 2022 1 hour ago, aaur4man said: they can also say they sleep on the floor, eat outside and shit/shower in clubhouse toilets Ya... Their rights... 1 Link to comment Share on other sites More sharing options...
The_King Posted December 17, 2022 Author Share Posted December 17, 2022 Nothing will happen 1 Link to comment Share on other sites More sharing options...
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