neubie 2 Report post Posted January 18, 2011 THE Housing Board on Monday said it will be reviewing its scheme that allows siblings - whether citizens or permanent residents (PRs) - to buy resale flats. Such applications, which are considered on a case-by-case basis, are small in number, the HDB added. It had recently clarified that siblings can apply to buy HDB resale flats if their parents live overseas and do not already own a public flat. They could be citizens or PRs. It made these points in response to queries from The Straits Times, following recent concerns that surfaced in online forums, where users noted that unmarried PR siblings above the age of 21 were allowed to buy HDB resale flats, whereas Singapore citizen siblings could not. Some had asked why there was a difference in the rules. Under the current rules, unmarried Singapore citizens can buy HDB resale flats only if they are above the age of 35 under the Single Singapore Citizen Scheme, or with their siblings if their parents are dead under the Orphans Scheme. Share this post Link to post Share on other sites
May_dream1 14 Report post Posted January 18, 2011 Siblings that want to buy together better faster buy. Share this post Link to post Share on other sites
forgotten 1 Report post Posted January 18, 2011 Looks like Government is going all out to kill the demand for property. Share this post Link to post Share on other sites
godloveyou 0 Report post Posted January 18, 2011 (edited) True that this rule favours SPRs than citizen, better get it straightened before general election. Opposition sure shoots this. Don't know which scholars so "smart" who set this rule le. May as well change it to all citizens with 21 year old & above, whether parents stay local or oversea. Wong KS will be happy to see birth rate increase. Edited January 18, 2011 by godloveyou Share this post Link to post Share on other sites
May_dream1 14 Report post Posted January 18, 2011 True that this rule favours SPRs than citizen, better get it straightened before general election. Opposition sure shoots this. Don't know which scholars so "smart" who set this rule le. May as well change it to all citizens with 21 year old & above, whether parents stay local or oversea. Wong KS will be happy to see birth rate increase. Its actually not favouring PRs but most PRs do not have parents having HDB that is why its better for them. If can control PRs siblings from buying, then prices will not drop much since not that many in such cases. Share this post Link to post Share on other sites
matrix0405 0 Report post Posted January 18, 2011 Looks like Government is going all out to kill the demand for property. no lah, they just need to remove this sore point before election, if it kills anything it is collateral damage. Share this post Link to post Share on other sites
