In view of the worsening economic situation in Singapore, the Housing & Development Board (HDB) will convert about 1,100 three–room vacant flats into one– and two–room flats for rental. Only low-income households are allowed to rent such flats from the government.
The entire assistance programme, including building new rental flats for the low income group, will be completed by early 2009.
In fact, some 180 converted flats were allocated in January 2008. They comprised one– and two–room units in Block 852, Woodlands Street 83. In March 2008, Blocks 188 and 191 in Boon Lay Drive were also converted into rental flats. 290 converted units at Redhill will be added to the supply this year.
In the meantime, HDB is also building 976 new rental flats at Choa Chu Kang, Sembawang and Yishun. The new units will be ready by early next year.
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