Number of HDB Flats Allowed to be Sold in Last Two Years before They Reached Minimum Occupation Period

Debated in Parliament on 6 Jan 2020.

Summary written by AI (learn more)

In the last two years, about 2,400 households were approved to sell their HDB flats before meeting the Minimum Occupation Period.
Exceptions were granted due to financial hardship, divorce, or the demise of the owner.
Each case was assessed individually by HDB based on the specific circumstances of the flat owners and their families.

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Zainal Sapari

Mr Zainal Sapari asked the Minister for National Development in the last two years, what is the number of HDB flats that have been allowed to be sold before meeting the Minimum Occupation Period and what are the reasons for the exception being made.

Lawrence Wong

In the last two years, HDB has given approval to about 2,400 households to sell their flats before they had fulfilled the Minimum Occupation Period (MOP).

The reasons for such exceptions include financial hardship, divorce or the demise of the owner. Approvals are given on a case-by-case basis, after HDB has assessed the specific circumstances of the flat owners and their families.

Number of HDB Flats Allowed to be Sold in Last Two Years before They Reached Minimum Occupation Period | PAPERCUTS

Number of HDB Flats Allowed to be Sold in Last Two Years before They Reached Minimum Occupation Period

Debated in Parliament on 6 Jan 2020.

Summary written by AI (learn more)

In the last two years, about 2,400 households were approved to sell their HDB flats before meeting the Minimum Occupation Period.
Exceptions were granted due to financial hardship, divorce, or the demise of the owner.
Each case was assessed individually by HDB based on the specific circumstances of the flat owners and their families.

Questions identified by AI (learn more)

Full Transcript

Zainal Sapari

Lawrence Wong

In the last two years, HDB has given approval to about 2,400 households to sell their flats before they had fulfilled the Minimum Occupation Period (MOP).

Number of HDB Flats Allowed to be Sold in Last Two Years before They Reached Minimum Occupation Period

Summary

Questions Identified

Full Transcript

Zainal Sapari

Lawrence Wong

Summary

Questions Identified

Number of HDB Flats Allowed to be Sold in Last Two Years before They Reached Minimum Occupation Period

Summary

Questions Identified

Full Transcript

Zainal Sapari

Lawrence Wong

Summary

Questions Identified