Hold or fold?

Relying on rental income for retirement

A perennial question some Singaporeans have is why HDB owners are allowed to hold on to their HDB flats after upgrading to private properties, but private property owners are not allowed to hold on to their private properties should they buy a HDB flat. Not fair, cries the latter group, while others say the first group shouldn’t even be allowed to do so to begin with. In an interesting reply to The Straits Times Forum a few weeks back, HDB clarified that the rules are actually very consistent. This was their explanation, which I had to reread a few times to…