22 Aug '14, 6am

#Singapore #property - "Pros and cons of #HDB subletting, lease buyback scheme"

Comment E-mail to friend Bookmark & Share Singaporeans aged 55 and above who live in HDB addresses have two options if they want to monetise their property, said experts quoted in the media. They can sublet their unit but this option is only available to those with a room to spare, while those with other living quarters can rent out the entire unit. For instance, 65-year old Madam Han Siew Lan has been leasing out her four-room flat in Bukit Merah since 2011, after she shifted to her daughter’s five-room flat in a neighbouring block. At the moment, she gets around $2,900 per month. “Each month, I use about $700 to $800 for my daily expenses. The rest, I use to buy insurance or save,” she said. According to one property portal, the median rent for a four-room HDB flat stands at $2,400, while the median rent for a bedroom was $650 last month, said the housing board. Renting ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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#Singapore #property - "Five-room flats will no...

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Comment E-mail to friend Bookmark & Share The Lease Buyback Scheme (LBS) was not extended to bigger flats like five-room f...

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Tweet a comment: (Note: This will post to your Twitter account as a reply to @STPropertySG) @STPropertySG… …http://ow.ly/i...

#singapore #property New enhancements to Lease Buyback Scheme: The Ministry of National Devel... @valuepropertysg

#singapore #property New enhancements to Lease ...

propertyguru.com.sg 03 Sep '14, 7am

Comment E-mail to friend Bookmark & Share The Ministry of National Development (MND) together with the Housing & Developme...

More cash upfront under the Lease Buyback Scheme announced yesterday. Read more:

More cash upfront under the Lease Buyback Schem...

stproperty.sg 04 Sep '14, 10am

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If you are looking for a specific HDB Flat in Singapore, try our HDB Directory and you can see all available units for eac...

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