MND to cap HDB flats rented to foreigners

Singapore

THE Ministry of National Development (MND) will impose a cap on the number of flats that can be sublet to foreigners in each Housing and Development Board block.

While the appropriate cap has yet to be decided, Minister of National Development Khaw Boon Wan said in his blog post, Preventing Foreigner Enclaves, yesterday that he was "mindful of the need to balance the impact on those who rely on subletting for additional income, especially the elderly".