12 Dec '16, 4am

New post added at LushHomeMedia - Minimum occupation period for HDB’s fresh start scheme can be ‘flexible’: Maliki https://t.co/NBynN9H09I

The minimum occupation period of the Fresh Start Housing Scheme can be “flexible” depending on the progress of the household, said Minister of State for Defence and Foreign Affairs Maliki Osman on Saturday (Dec 3). Fresh Start Housing, which opened for application on Thursday, is a scheme to help public rental families who once owned a Housing and Development Board flat to afford one again. Of the various conditions that comes with the scheme, one calls for applicants to be ready to commit to home ownership and a minimum occupation period (MOP) of 20 years. Speaking on the sidelines of a visit to an Adapt & Grow career fair held at Bedok on Saturday, Dr Maliki, who is the chair of the Fresh Start Advisory Committee said the MOP is an assurance with families and to “give them a sense of contracting” as they will be receiving a second-time housing grant from the Government. ...

Full article: http://www.lushhomemedia.com/manage_posts/2016/12/12/mini...

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