Number of HDB Flats Allowed to be Sold in Last Two Years before They Reached Minimum Occupation Period
Parliament of Singapore · 6 January 2020
Official Report, 6 January 2020, Vol 94, Issue 115 · Open in the reader (summaries, search, filters)
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.
Mr 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.
Source: Singapore Parliament Official Report (Hansard) for 6 January 2020. Republished on SGParliament.