Why are there so many empty flats in London?

The swanky flats, complete with private gyms, swimming pools and cinema rooms, are lying empty as hundreds of thousands of would-be first-time buyers struggle to find an affordable home.

Is there a fee to buy an HDB flat?

There is no fee for registering, and you will receive an instant assessment on your eligibility to buy an HDB resale flat, for CPF housing grants and HDB housing loan. The eligibility conditions in the following table apply to all resale flat purchases.

Are there more flat Earthers on the Internet?

The internet has undoubtedly expanded flat-Earth believers’ reach. The Economist recently reported that, based on Google Trends data, interest in “flat earth” as a search term has risen significantly over the past two years. Flat-Earthers are now meeting in person, too.

Are there any flat Earthers meeting in person?

The Economist recently reported that, based on Google Trends data, interest in “flat earth” as a search term has risen significantly over the past two years. Flat-Earthers are now meeting in person, too.

Can a divorced couple rent out an HDB flat?

You may not rent your HDB flat to parties who own other HDB properties, unless The parties are divorced / legally separated (you may only rent to 1 party of the divorced / legally separated couple). Your tenants rent out their property within 1 month of renting a flat/bedroom from you.

Who are the people who cant sell their flat?

In June 2012, Angela, 33, an IT manager at a charity, bought a 30% share of a flat in Wallington, south London, also through L&Q. “This was my dream, to have a place of my own,” says Angela, wiping tears from her eyes. “I’m from a council estate. My mum was a cleaner, and my dad wasn’t around.

Are there restrictions on the sale of a HDB flat?

There is also no restriction on the sale/purchase of an HDB flat if both you and the buyer are of the same ethnic group and/or citizen type. After you have registered your Intent to Sell, you can check the EIP/SPR quota of your flat on HDB’s Resale Portal.

Can you sell your flat back to HDB before the mop?

You can sell your flat back to HDB before the MOP is up if you meet certain special conditions, although whether or not you will be successful depends on your specific case. Bankruptcy: If you can avoid bankruptcy by selling your flat and downgrading to a cheaper one, HDB might allow you to do so.