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"HDB told the Chinese daily that the unit was approved for rent as the owner has been living overseas for a long period."
This is a freaking loophole. My PRC ex-classmate converted to SG citizenship but he decided to back to his home country for good. His HDB is being used to collect rent using this same reason.
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(28-03-2023, 08:12 PM)starbugs Wrote: "HDB told the Chinese daily that the unit was approved for rent as the owner has been living overseas for a long period."
This is a freaking loophole. My PRC ex-classmate converted to SG citizenship but he decided to back to his home country for good. His HDB is being used to collect rent using this same reason.
Im sure they know.. but close both eyes..
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Very good retirement option to convert that rental to use in Malaysia, China, India or Philippines...
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(28-03-2023, 08:12 PM)starbugs Wrote: "HDB told the Chinese daily that the unit was approved for rent as the owner has been living overseas for a long period."
This is a freaking loophole. My PRC ex-classmate converted to SG citizenship but he decided to back to his home country for good. His HDB is being used to collect rent using this same reason.
Jhk have been doing it for so many years already.
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(28-03-2023, 09:38 PM)winbig Wrote: Jhk have been doing it for so many years already.
This is indeed a loophole that needs to be plugged........................taking advantage of the HDB rules..........