Mr Liew Eng Leng (“Implications of letting HDB flat owners buy private homes”; last Thurs) has misconstrued my letter. The MOP restriction I proposed for private property owners buying an HDB flat applies only to the flat they bought, and not to the private property they already own. It would be unjust if private property owners could buy an HDB flat today and immediately rent out the whole flat the next day. Private property owners buying an HDB unit are depriving the resale market of a flat, skewing demand for flats in the process. The Government needs to decide whether to allow all private property owners to buy flats, or only a select group based on their current home value or income.... Continue Reading