About 4,800 vacant rental flats available for allocation to new tenants - Midwood™ Condo @ Hillview Rise (Updated - 2022)

About 4,800 vacant rental flats available for allocation to new tenants

The HDB has approximately 4.8K unused rental unit apartments out there for assignation to brand new occupants, communicated the MND in Parliament on Tuesday 6 Jul.

Of these, beyond 50 percent “call to be groomed just before they could be leased”.

The rate of tidy labours has become slower a result of the harsh workers critical point encountering the building and construction market.

“This had definitely implied much longer expecting period of times for rental unit apartments,” announced MND in its written action to MP Chua Louis’ inquiry on the number of free HDB rental flats.

The ministry shared the fact that “the figure of accredited Housing and Development Board rentals flat seekers on the stalling record has intensified from a standard of Six hundred Sixty in the past 5 years to One thousand Five hundred now”.

Fruitful applicants will need to cope with much longer waiting period of times of about six months, compared to a norm of 3 mths in the time of the previous five yrs.

This develops as some application areas and also lodging options experience much higher requirement and also a more tight stock.

Midwood condominium

“Despite the quantity of untenanted flats exceeds the total of prospects on the holding back checklist at the overall degree, prospects require to be matched to the apartment option and place that these individuals applied for,” indicated Min of National Development.

It continued that Housing and Development Board is taking a look at procedures to ramp up tidy works and also assist crucial collections as instantly as feasible.

“For applicants with critical lodging demands, which include healthcare reasons or various other mitigating occurrences, HDB will move up the assigning a flat to them,” shared the ministry.

Effectively, around a third of ’20’s fruitful lease applicants were awarded lead apportionment.

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