#13: 11 Possible Ripple Effects of the New PLH Model (Prime Location Public Housing)
2021-11-08
News of a new public housing scheme, the PLH model, has spread like wildfire and is one of the hottest topics in town! With many ongoing discussions and buzz about this new policy rolled out by the government, what is our take on it?
In today’s Nuggets On The Go episode, Melvin will be talking about 11 ripple effects that this new PLH model for prime location BTO projects can bring about. Among some of the new regulations, homeowners of the upcoming prime location BTO units will have to meet a longer MOP period of 10 years rather than five, subsidies will also be clawed back upon the sale of the unit itself.
What is the government’s agenda for this PLH model and how would this impact you, especially if you are among the younger generation gearing up towards homeownership in the years to come. Join Melvin in this episode for our opinions on this new policy.
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