HDB Flat

DEFINITION

An HDB flat is any residential flat built by HDB, including both new BTO flats and resale flats.

ELI5

If a flat was built by HDB, it is an HDB flat. That can be a brand-new BTO flat or a resale flat bought from another owner.

Other related terms

Bear Market

Net Asset Value (NAV)

Inflation

Participating (par) Life Insurance