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Old 02-06-2022, 09:20 AM
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Thumbs up WHY ARE PRs ALLOWED TO RENT OUT WHOLE HDB FLATS WHILE THEY STAY OVERSEAS?

An honorable member of the Coffee Shop Has Just Posted the Following:

As per title.

No need to keep one room. Now can rent out the whole unit.
From my understanding, many are trying to rent out whole units of the 3 room HDB for around $3000 per month.
The yields for a $400K investment at $36 pa is very high.

All these allowed while young CITIZENS and POOR CITIZENS can no longer afford to buy.....even rent rooms.
Rooms are now going at around $600 to $1000 per small room. Master rooms costs at least $1.5 K .........all these are HDB rental prices.

WTF is the...

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