The Housing and Development Board (HDB) should tighten its rules to make flats "more home, less asset", according to the majority of participants at a recent dialogue on housing issues held at the National Library. Several participants stated that meeting the housing needs of Singaporeans should be HDB's priority as opposed to seeing flats as appreciating assets, reported The Straits Times.They added that flats should not be sub-let so easily or owned by those who can afford private properties. Some participants also suggested that new citizens and permanent residents (PRs) should be governed by different rules from born-and-bred citizens, like a longer minimum occupation period in their flats. Full story
Public housing a hot button issue at dialogue
The Housing and Development Board (HDB) should tighten its rules to make flats "more home, less asset", according to the majority of participants at a recent dialogue on housing issues held at the National Library. Several participants stated that meeting the housing needs of Singaporeans should be HDB's priority as opposed to seeing flats as appreciating assets, reported The Straits Times.They added that flats should not be sub-let so easily or owned by those who can afford private properties. Some participants also suggested that new citizens and permanent residents (PRs) should be governed by different rules from born-and-bred citizens, like a longer minimum occupation period in their flats. Full story
