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Renting on open market is too expensive: Families awaiting BTO flats say $300 rental voucher inadequate

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Housing News

Renting,Open Market,BTO Flats

Buyers awaiting their BTO units said they would continue to apply for a flat under the Parenthood Provisional Housing Scheme. After failing to secure an interim rental flat under the Parenthood Provisional Housing Scheme (PPHS), an assistant manager who wanted to be known only as Ms Peh resigned herself to renting a three-room flat in Ang Mo Kio for $2,900 a month in 2022. The 34-year-old, who works in healthcare, said she was disappointed when she learnt that rental vouchers under the PPHS for flats or bedrooms on the open market were fixed at $300 a month. The voucher scheme will run from July 2024 to June 2025, allowing eligible families waiting for their Build-To-Order (BTO) units to offset rent for a Housing Board flat or bedroom on the open market

'Renting on open market is too expensive': Families awaiting BTO flats say $300 rental voucher inadequate Buyers awaiting their BTO units said they would continue to apply for a flat under the Parenthood Provisional Housing Scheme.SINGAPORE - After failing to secure an interim rental flat under the Parenthood Provisional Housing Scheme (PPHS), an assistant manager who wanted to be known only as Ms Peh resigned herself to renting a three-room flat in Ang Mo Kio for $2,900 a month in 2022.

The 34-year-old, who works in healthcare, said she was disappointed when she learnt that rental vouchers under the PPHS for flats or bedrooms on the open market were fixed at $300 a month.during a parliamentary debate on his ministry’s budget. The voucher scheme will run from July 2024 to June 2025, allowing eligible families waiting for their Build-To-Order (BTO) units to offset rent for a Housing Board flat or bedroom on the open marke

 

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