The Ministry of National Development in Singapore will start imposing a cap on the percentage of foreigners in Housing Board (HDB) estates. Currently, only Singapore citizens and Permanent Residents can buy HDB flats. But foreigners can rent rooms or entire flats - there is no cap on the number of flats that can be sublet to foreign tenants as yet. HDB statistics shows that less than 4 per cent of HDB flats are sublet to foreigners, excluding Malaysians.
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