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Joint Press Release by MAS, MND & HDB - Measures to Promote Sustainable Conditions in the Property Market by Ensuring Prudent Borrowing and Moderating Demand
1Ex-PPOs refer to those who had disposed of a private property prior to submitting an application to buy a resale flat.
2The interest rate floor of 3% p.a. applies to:
3A complete application is one where HDB has received both sellers’ and buyers’ portions of the resale application.