HDB Flats Rented Out by Owners Residing Overseas and Locally

Debated in Parliament on 9 Nov 2022.

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Leong Mun Wai requested statistics on the annual number of HDB flats fully rented out by owners residing locally and overseas from 2010 to 2021.
Desmond Lee reported that between 2010 and 2021, an average of 35,000 to 60,000 HDB flats were rented out annually by Singaporean owners.
He noted that less than 10% of the HDB flat owners renting out their flats were residing overseas, typically for work or study reasons.
The response clarified that households composed only of Singapore Permanent Resident owners are not permitted to rent out their flats.

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Leong Mun Wai

Mr Leong Mun Wai asked the Minister for National Development from 2010 to 2021, what is the annual number of HDB flats that are being fully rented out by (i) owners who are residing locally and (ii) owners who are residing overseas, respectively.

Desmond Lee

Between 2010 and 2021, there was an average of about 35,000 to 60,000 flats that were rented out annually. These are flats owned by Singaporeans, since households made up of only Singapore Permanent Resident owners are not permitted to rent out their flats. Less than 10% of the HDB flat owners who rented out their flats are residing overseas, with such individuals likely being abroad for work or study reasons.

Summary written by AI (learn more)

Leong Mun Wai requested statistics on the annual number of HDB flats fully rented out by owners residing locally and overseas from 2010 to 2021.
Desmond Lee reported that between 2010 and 2021, an average of 35,000 to 60,000 HDB flats were rented out annually by Singaporean owners.
He noted that less than 10% of the HDB flat owners renting out their flats were residing overseas, typically for work or study reasons.
The response clarified that households composed only of Singapore Permanent Resident owners are not permitted to rent out their flats.

Questions identified by AI (learn more)

HDB Flats Rented Out by Owners Residing Overseas and Locally

Debated in Parliament on 9 Nov 2022.

Summary written by AI (learn more)

Leong Mun Wai requested statistics on the annual number of HDB flats fully rented out by owners residing locally and overseas from 2010 to 2021.
Desmond Lee reported that between 2010 and 2021, an average of 35,000 to 60,000 HDB flats were rented out annually by Singaporean owners.
He noted that less than 10% of the HDB flat owners renting out their flats were residing overseas, typically for work or study reasons.
The response clarified that households composed only of Singapore Permanent Resident owners are not permitted to rent out their flats.

Questions identified by AI (learn more)

Full Transcript

Leong Mun Wai

Desmond Lee

Summary written by AI (learn more)

Leong Mun Wai requested statistics on the annual number of HDB flats fully rented out by owners residing locally and overseas from 2010 to 2021.
Desmond Lee reported that between 2010 and 2021, an average of 35,000 to 60,000 HDB flats were rented out annually by Singaporean owners.
He noted that less than 10% of the HDB flat owners renting out their flats were residing overseas, typically for work or study reasons.
The response clarified that households composed only of Singapore Permanent Resident owners are not permitted to rent out their flats.

Questions identified by AI (learn more)

HDB Flats Rented Out by Owners Residing Overseas and Locally | PAPERCUTS

HDB Flats Rented Out by Owners Residing Overseas and Locally

Summary

Questions Identified

Full Transcript

Leong Mun Wai

Desmond Lee

Summary

Questions Identified

HDB Flats Rented Out by Owners Residing Overseas and Locally

Summary

Questions Identified

Full Transcript

Leong Mun Wai

Desmond Lee

Summary

Questions Identified