Minister of State for National Development Desmond Lee said about 38 per cent of Singaporeans who own private property were allowed to buy an HDB flat upon appeal.
SINGAPORE: In the past two years, 38 per cent of appeals lodged by Singaporeans looking to buy an HDB flat while holding on to private property were successful.
There were 1,587 appeals lodged between 2013 and 2014 by Singapore citizens and Permanent Residents who wanted to buy an HDB flat while keeping hold of their private property, said Mr Desmond Lee, Minister of State for National Development.
Among them, 486 owned a local private property, while 1,101 owned an overseas private property. Approval was given to 606 appeals - all Singapore citizens, he added.
Mr Lee was responding to questions posed by Jurong GRC MP Ang Wei Neng.
- CNA/rg
Source: Channel NewsAsia (13 Feb 2015)