Thursday, June 24, 2010

Sinha Shekhar rents out his HDB flat and complains about high property tax

YPAP leader and new citizen from India Sinha Shekhar owns a private property and rents out his HDB resale flat, while complaining about the high property tax he is paying.

According to HDB, you are allowed to sublet your whole flat if you have occupied your:
  • Non-subsidised flat (flat purchased from the open market without a CPF housing grant) for at least 3 years, or

  • Subsidised flat (flat purchased directly from HDB or from the open market with a CPF housing grant) for at least 5 years

Which means to say that, even if Sinha Shekhar is rich enough to own a private property, it does not mean he can just rent out his whole flat. Well, unless of course, he has actually stayed in that flat for the required years.

While Ms Neo Saw Kian, the Executive Estates Officer from HDB, promised that HDB will look into the matters, a Facebook page has been set up by furious locals.

Do drop by the page We want HDB to COMPULSORILY ACQUIRE Sinha Shekhar's flat! to see the members number climbing up.

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