Difference between prime and plus

Prime and Plus flats differ in several ways:

1. Location:
- Prime Flats: Located in the most sought-after areas, like the city center and its surrounding towns.
- Plus Flats: Situated in more desirable locations across Singapore, such as near transport hubs or town centers.

2. Subsidies:
- Prime Flats: Offered with the most subsidies.
- Plus Flats: Offered with more subsidies than Standard flats but less than Prime flats.

3. Minimum Occupation Period (MOP):
- Prime Flats: 10 years.
- Plus Flats: 10 years.

4. Subsidy Recovery upon Resale:
- Prime Flats: Yes.
- Plus Flats: Yes, but with a lower subsidy recovery rate than Prime flats.

5. Renting Out of Whole Flat:
- Prime Flats: Not allowed.
- Plus Flats: Not allowed.

6. Renting Out of Spare Rooms:
- Prime Flats: Allowed for 3-room or bigger flats.
- Plus Flats: Allowed for 3-room or bigger flats.

Both types of flats come with stricter conditions for resale and rental to ensure buyers are purchasing primarily for personal occupation.