No, you will not have to repay the FLISP subsidy.
The subsidy is intended to promote homeownership among low-income earners, as the government believes home ownership will strengthen the country as a whole.
Thus it would defeat the purpose to require repayment. FLISP is a subsidy, not a loan.
Of course, the subsidy is intended to help you acquire a home loan, which will need to be repaid.
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