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Showing posts with label HDB. Show all posts
Showing posts with label HDB. Show all posts

HDB acquires 39 flats from owners for infringing subletting rules

The HDB compulsorily acquired 39 flats from their owners last year as they had blatantly infringed the subletting rules.

One of the flats acquired was at Pinnacle@Duxton. The owner had sublet the entire flat without HDB's approval in the guise of subletting of rooms, shortly after the flat purchase in January last year.

During its night inspections in May and June 2010, HDB found that the owner was not staying at the flat. HDB's investigations revealed that the owner did not have any intention to stay in the flat and had bought it purely for monetary gains.

In another 56 cases, HDB warned

09:36 | Labels: , , | 0 Comments  

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