Families waiting for their new flats can apply for the temporary housing. Read more at straitstimes.com.
SINGAPORE - The Housing Board will set aside more temporary housing for families waiting for their new flats, doubling the number of interim rental flats to 4,000 over the next two years.
The number of such flats will reach close to 2,000 by the end of this year, she said, adding that application rates for the scheme have fallen significantly due to the higher supply - from over 20 per unit in 2021 to around three now. HDB is also studying ways to maximise the available pool of PPHS flats, given the sustained demand for them and limited supply, she said in a speech at the Institute of Policy Studies’ 35th Anniversary Conference held at the Sands Expo & Convention Centre.
Those eligible for PPHS flats must have a monthly household income of $7,000 or below, and have an uncompleted flat from HDB’s sales exercises.
Singapore Latest News, Singapore Headlines
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