The Singapore Land Authority (SLA) is offering another six residential state properties for rent.
They are being offered through an open bidding system from 16 February.
The system is more transparent than the previous first-come-first-served procedure under the waiting list or balloting system.
Bidders can submit their bids at SLA’s office on Monday, 18 February, following the Open House on Saturday.
Currently, SLA manages about 2,360 residential state properties.
It will progressively place those with available tenancies of at least two years on the open bidding system.
SLA has projected that it will place eight more properties for rent in March and about 36 units in total by the first half of the year. – CNA/so
Source : Channel NewsAsia – 5 Feb 2008