ST Forum : Rule applies to local and overseas properties

Sep 4, 2010

Rule applies to local and overseas properties

WE THANK Mr James Koh for his letter on Wednesday ('Unfair'). Mr Koh commented that it is unfair for permanent residents to be able to own private properties overseas during the minimum occupation period for HDB flats while Singaporeans cannot own local private properties during the minimum period. The measure to disallow the concurrent ownership of private properties and non-subsidised HDB flats during the minimum occupation period introduced on Monday applies to local and overseas private properties.


Lily Wong Jee Choo (Mrs)
Deputy Director (policy and property