In the last five years, 18 property agents breached the code of ethics which requires them to perform due diligence to ensure that no regulations have been infringed.
SINGAPORE: Disciplinary action has been taken against 18 property agents who helped clients market Housing Board flats that may not have met the minimum occupation period in the last six years, National Development Minister Desmond Lee said in Parliament on Monday .
Mr Don Wee also asked what measures there are to prevent future cases of BTO flats being left vacant or rented out during the MOP, until they are listed for sale.Property portals remove non-compliant listings, say onus is on agents to ensure occupancy rules were met HDB conducts 500 inspections randomly each month to check for infringements, such as unauthorised rentals and non-occupation of flats.
Owners whose flats are compulsorily acquired by HDB will also be debarred from buying subsidised flats or taking over such flats through a change in ownership.
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