S$8,000-a-month HDB flat rent ‘mistake’ prompts questions on data integrity
Eyebrow-raising transaction entry changed to S$900 a month, but amendment raises concerns about data going into HDB records, analysts say
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE head-turning rental of S$8,000 a month for a three-room Housing and Development Board (HDB) flat in Bukit Merah turned out to be a “mistake”, and the record in the official database has since been amended to S$900 a month.
In response to queries from The Business Times, HDB said: “Upon further checks, the owner clarified that a typographical mistake was made in the application form, listing a rental rate of S$8,000 per month for the entire flat, instead of S$900 per month for a single bedroom rental, as intended.”
BT had earlier reported that the anomalous figure turned up in data on rentals signed in August, and was recorded in the HDB’s rental market statistics.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
