Six of them had their registration suspended for between seven and 48 weeks and were fined between $2,000 and $5,000. Read more at straitstimes.com.
SINGAPORE - A total of 18 property agents were taken to task between 2017 and 2022 for helping their clients to market Housing Board flats which breached the HDB’s mandatory five-year minimum occupation period rule.
These property agents were found to have breached the code set by the Council for Estate Agencies that requires them to ensure that no law, including those that apply to HDB properties, has been infringed as part of their work. The Straits Times has asked the Ministry of National Development if property agents are required to report such suspected breaches to the CEA or HDB.
Between 2017 and 2022, a total of 258 BTO flats and 168 HDB resale flats were returned to HDB, mainly due to changes in owners’ circumstances within the MOP which made them ineligible to own an HDB flat, he added.Mr Lee said owners who are genuinely unable to stay in their flat during the MOP, like those who posted overseas for work, should write to HDB to seek a waiver. These appeals will be assessed on a case-by-case basis.
HDB also received around 4,700 pieces of feedback on potential infringements relating to MOP rules from the public and agents, said Mr Lee. These include cases of flats being listed for resale in bare or “brand new” condition.
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