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.
SkyPark Residences: Executive Condominium at Sembawang
Showing posts with label HDB. Show all posts
Showing posts with label HDB. Show all posts
Monday, 9 December 2013
Tuesday, 3 December 2013
Number of BTOs built in Singapore
If you look at the marriage rates in Singapore and the number of BTOs build in Singapore, it seems that the government is supplying almost one brand new HDB flat to one married couple. Do you think this rate is sustainable?
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