After questions were asked about PR siblings under the age of 35 being allowed to buy HDB resale flats, the government has decided to discontinue the scheme with immediate effect.
According to Senior Minister of State for National Development Grace Fu, the scheme was no longer necessary as with the liberalisation of the subletting market for HDB flats over the years, unmarried siblings who have parents staying overseas can now rent a room or small flat from the open market.
The scheme was previously introduced in 1990.
About 300 (or 1% of total flat transactions) of such cases get transacted each year.