SINGAPORE - Up to 18 per cent of units in some Housing Board blocks are now wholly sublet to foreigners, even as the authorities are deciding on the cap to put on this figure.
This is to keep foreign enclaves from forming, National Development Minister Khaw Boon Wan said in a blog post last Friday.
"We will soon decide on an appropriate cap," he said. HDB said the board and the Ministry of National Development (MND) are aiming to finalise details soon.
The aim is to spread foreigners more evenly across the country. Now, over 35,000 units are entirely sublet to foreigners, excluding Malaysians - accounting for less than 4 per cent of all public flats.
But concentrations in certain areas drove the proportion up to 9 per cent in those neighbourhoods, "or even 18 per cent in some blocks", noted Mr Khaw.
Figures for subletting of entire flats came after HDB did an analysis of the subletting situation.