Applications for Reducing Minimum Occupation Period for HDB Flats
- Murali Pillai asked for statistics on applications to reduce the Minimum Occupation Period (MOP) for HDB flats, including grounds for appeals and approval rates.
- Desmond Lee stated that HDB does not track unique appeals but approved about 4,500 households to sell before MOP in the past three years, mainly due to financial hardship, divorce, or death.
- The MOP is key to ensuring flats are bought for genuine housing needs and to prevent speculation, with HDB assessing each appeal case-by-case.