11-07-2012, 10:16 PM
Singapore's Housing Development Board (HDB) has set new revised rules for subletting by flat owners who are Singapore Permanent Residents (SPRs), said its press release on Wednesday.
The new revised rules will take into effect from July 11, 2012.
SPRs will now be allowed to sublet their flat after meeting the minimum occupation period (MOP) only if they have not sublet the flat before.
The approval will be granted for one year only, instead of the previous three years, with renewal to be assessed on a case-by-case basis. Approval will be granted only if there are extenuating reasons.
The new revised rules will take into effect from July 11, 2012.
SPRs will now be allowed to sublet their flat after meeting the minimum occupation period (MOP) only if they have not sublet the flat before.
The approval will be granted for one year only, instead of the previous three years, with renewal to be assessed on a case-by-case basis. Approval will be granted only if there are extenuating reasons.