Fulfilling Minimum Occupation Period Post-divorce and Compensation Price Formula for Returned Flats

Mr Alex Yeo asked the Minister for National Development in the case of the minimum occupation period (MOP) not having been fulfilled at the point of divorce and neither party is able to retain the flat (a) whether divorced couples can be allowed to serve out MOP by agreement, particularly if a family nucleus remains; and (b) what is the formula of the compensation price for such flats returned to the HDB.

As flat owners who divorced are no longer considered an eligible family nucleus, they cannot retain the flat together to serve out the Minimum Occupation Period. If neither party is able to retain the flat, they would have to return the flat to the Housing and Development Board (HDB).

The compensation payable for the flat returned to HDB takes into account the original flat price and the flat owners' individual circumstances.