More than 200 HDB flats compulsorily acquired in last two years

A total of 202 flats were compulsorily acquired by the Housing and Development Board (HDB) between January 2012 and December 2014, Minister of State for National Development Desmond Lee said on Tuesday (Jan 20).

Flats are compulsorily acquired from lessees who have committed major lease infringements such as the unauthorised subletting of flats, Mr Lee said, in response to a Parliamentary question by MP Zainal Sapari.

“The action is also taken, as a last resort, against mortgagors who persistently refuse to resolve their arrears, or work towards a sustainable solution, despite the assistance given,” he added.

HDB will assist such households to find alternative accommodation, Mr Lee said. “For those who can afford smaller flats, HDB will help them buy one and may offer them another loan for the purchase, if necessary. Those who are unable to afford another flat, and have no family support or other housing option, are allocated rental flats.”

Source : Channel NewsAsia – 20 Jan 2015