Lawrence Wong on use of CPF money to buy older HDB flats

September 2018

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Lawrence Wong on use of CPF money to buy older HDB flats

(Updated: )

Minister for National Development Lawrence Wong said owners of older HDB flats and private residential properties are generally still able to sell their homes on the resale market. He was answering questions from MPs Ong Teng Koon and Chong Kee Hiong in Parliament on Monday (Sep 10), about restrictions on using CPF funds to buy HDB flats with less than 60 years left on the lease. There was also a supplementary question from MP Pritam Singh.

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