New BTO framework: Will moving up the property ladder get harder?
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The New BTO Framework and the Impact of 10-year Minimum Occupation Period
This chapter discusses the new BTO framework introduced by the government, including the lengthening of the minimum occupation period (MOP) to ten years. It explores the potential impact of these changes on people's decision-making when it comes to buying flats and highlights the distinction between voluntary and mandatory long-term stays. The speakers also discuss the stability the MOP brings to the property market and express disapproval of flipping.
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