{"id":37070,"date":"2016-12-05T10:52:38","date_gmt":"2016-12-05T03:52:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-willing-to-shorten-mop-for-families-in-hdbs-fresh-start-housing-scheme\/"},"modified":"2016-12-05T10:54:29","modified_gmt":"2016-12-05T03:54:29","slug":"govt-willing-to-shorten-mop-for-families-in-hdbs-fresh-start-housing-scheme","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-willing-to-shorten-mop-for-families-in-hdbs-fresh-start-housing-scheme\/","title":{"rendered":"Govt willing to shorten MOP for families in HDB\u2019s Fresh Start Housing Scheme"},"content":{"rendered":"


\nView of public housing flats in Toa Payoh.
\nThe government is open to allowing families in the Fresh Start Housing Scheme to shorten the 20-year Minimum Occupation Period (MOP) should their family and financial circumstances improve, reported Channel NewsAsia.
\n\u201cThere\u2019s MOP for commitment, but also there\u2019s a flexibility to look at things at a case-by-case basis. So this I think, will motivate, incentivise and inspire them, so that they can work on (the 20 years) as a first milestone,\u201d said Minister of State for Defence and Foreign Affairs Maliki Osman on the sidelines of a visit to the Adapt & Grow career fair held at Bedok on Saturday (3 December).
\nDr Maliki, who also chairs the Fresh Start Advisory Committee, noted that the MOP gives families an assurance and a \u201csense of contracting\u201d since they will be receiving a housing grant from the government for the second time.
\nDespite being under stable employment for the past few years, Mdm Jamnah was not eligible for a second housing grant to own a house. The former homeowner currently lives in a two-room public rental flat with her teenage daughter and eight-year-old son.
\nWith the Fresh Start Housing Scheme, however, Mdm Jamnah now has the chance to own a home again.
\nThe 43-year-old revealed that her family wants to \u201cto have a very nice kitchen, with cabinets, so everything will all be arranged nicely\u201d.
\nThis sense of ownership is what the government hopes to give to rental flat families through the new scheme.
\nAround 1,000 public rental families are expected to qualify for the scheme. Dr Maliki revealed that various agencies such as the Community Development Councils, the Ministry of Social and Family Development and Workforce Singapore will work with those who may not qualify at the moment to help them qualify in the future.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Govt willing to shorten MOP for families in HDB\u2019s Fresh Start Housing Scheme<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

View of public housing flats in Toa Payoh. The government is open to allowing families...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-37070","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9DU","jetpack-related-posts":[{"id":38712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-december-2016\/","url_meta":{"origin":37070,"position":0},"title":"News Roundup (December 2016)","date":"December 21, 2016","format":false,"excerpt":"\r \u00a0 Our top Singapore property stories. \u00a0 BTO flat supply to taper in 2017: Lawrence Wong The government will gradually taper the supply of Build-To-Order (BTO) flats in 2017, with the HDB launching around 17,000 units, down from the 18,000 units launched this year, revealed National Development Minister Lawrence\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/12\/auctions-e1482291227621.jpg?fit=1200%2C600&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-bto-flats-sold-within-a-year-of-reaching-mop-doubles-from-2016-to-2020\/","url_meta":{"origin":37070,"position":1},"title":"More BTO flats sold within a year of reaching MOP, doubles from 2016 to 2020","date":"September 21, 2021","format":false,"excerpt":"\r 13.4% of\u00a0BTO flats which reached their MOP were sold within a year, up from 6.5% in 2016. The Housing and Development Board\u2019s (HDB) statistics showed that the proportion of Build-to-Order (BTO) flats that were sold within one year of achieving their Minimum Occupation Period (MOP) has doubled from 2016\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/HDB-EIP.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":36758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fresh-start-housing-scheme-open-for-application\/","url_meta":{"origin":37070,"position":2},"title":"Fresh Start Housing Scheme open for application","date":"December 2, 2016","format":false,"excerpt":"\r The scheme aims to help public rental families with young children own a 2-room Flexi flat.\u00a0 The Fresh Start Housing Scheme opened for applications from Thursday (1 December) to help public rental families with young children own a 2-room Flexi flat. Under the scheme, qualified families can buy a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/218-hdb-flats-were-sold-before-mop-in-2015\/","url_meta":{"origin":37070,"position":3},"title":"218 HDB flats were sold before MOP in 2015","date":"March 14, 2016","format":false,"excerpt":"\r Flat owners facing hardships can seek HDB\u2019s approval to sell their units before the five-year MOP. (Photo: Nikki De Guzman) The Housing and Development Board (HDB) allowed 218 flats to be sold last year, even though the owners did not fulfill the required minimum occupation period (MOP) of five\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-prime-area-housing-model-may-boost-demand-for-flats-in-nearby-areas\/","url_meta":{"origin":37070,"position":4},"title":"New prime area housing model may boost demand for flats in nearby areas","date":"October 29, 2021","format":false,"excerpt":"\r Future HDB flats launched under the PLH model have tighter rules\u00a0like an extended MOP period of 10 years, which may push potential buyers towards flats in city-fringe areas that are not subject to such restrictions. Analysts believe the stricter resale conditions for flats under the new prime location public\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/singapore-prime-district.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":113985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/newer-hdb-flats-reach-record-sales-in-2019\/","url_meta":{"origin":37070,"position":5},"title":"Newer HDB flats reach record sales in 2019","date":"January 31, 2020","format":false,"excerpt":"\r A lot of home owners lately have been selling off their Housing Board flats once they reach the minimum occupancy mark, reported The Straits Times. Sales of HDB flats that are less than 10 years old recorded a nine-year high in 2019, as 4,578 units were moved. This was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37070"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=37070"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37070\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=37070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=37070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=37070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}