About 1,700 Flats Surrendered To HDB In Last 5 Years, Says MND
Roughly 1.7K public housing were submitted to the HDB in the previous five yrs, revealed Senior Minister of MND Sim Ann in Parliament on 2March.
Out of these, near fifty percent were two room flats, one out of 6 were 3 room flats, and 1/3 were four room as well as much bigger flats, she announced.
Sim developed the report in reply to Member of Parliament Gan Thiam Poh’s inquiry on the amount of HDB units marketed to Housing and Development Board, the reason the flats were re-selled also if Housing and Development Board would think of selling these types of public housing on its open up booking procedure.
Sim observed that almost one thousand of the given up units happen to be on short-term leases and makes up small apartment, 2 room Flexi flats secured during a brief hire and also public housing whose proprietors went with LBS.
” Owners of quick hire public housing that no more liked to retain their flats or who had actually come to be unqualified to carry out so, are necessitated to submit their flats to Housing and Development Board. They are not even approved to offer for sale them on the common market,” Sim reported.
The other 7hundred public housing get given up mainly because of adjustments in the details of the owners in their MOP. Such proprietors were not at all enabled to market their HDB flats on the common market as these people had not at all completed their MOP.
” Some of the most usual reasons for abandonment of flats were divorce, separation of fiancé-fiancée relation, and annulment of matrimony,” said Sim
HDB makes up owners of submitted units and also offers them through the SBF activities.
“If the public housing continue unchosen following the Sale of Balance Flat exercise, they may then be provided under open reservation,” added Sim.