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

SORA

Total Debt Servicing Ratio (TDSR)

Net Worth

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