Lawrence Wong on HDB's deferred downpayment scheme

February 2019

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Lawrence Wong on HDB's deferred downpayment scheme

(Updated: )

Minister for National Development Lawrence Wong answered a question from MP Ong Teng Koon on whether HDB's deferred downpayment scheme could be extended to four- and five-room BTO flats, and low-income applicants. Mr Wong said the scheme is meant for seniors, to facilitate right-sizing. He pointed to a separate staggered downpayment scheme to help young couples who are first-time buyers, and buyers of any age who are right-sizing.

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