24 Jan '17, 10am

New HDB rental rules for work permit holders | Singapore Property News

Since Jan 1, non-Malaysian work permit holders from the manufacturing sector have no longer been eligible to rent a whole Housing Board flat , and can only rent rooms. Those currently renting can stay on until their existing subletting approvals expire. The rule change, reported by Chinese daily Lianhe Zaobao yesterday, affects about 3.5 per cent of HDB households that are subletting all or part of their flats. It is unclear how many households this represents. As of Sept 30, there were 52,394 wholly sublet HDB flats. The HDB does not release figures on the number of flats that are partially sublet. On June 1, 2016, the HDB sent a letter to flat owners who currently sublet their flats to non-Malaysian manufacturing work permit holders "to inform them of the change, so that they would have time to make the necessary preparations". In response to queries, the HDB said: "This...

Full article: https://www.srx.com.sg/singapore-property-news/31442/new-...

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