Tag Archives: HDB Rental

HDB WANTS TO INCREASE MY RENTAL BY 37% AFTER ELECTIONS END?

In a sign of skyrocketing costs of living and business after this upcoming polling day, HDB had sent us a letter right after the election was announced warning us that they intend to raise the rental of our HDB rental unit by a whooping mind-boggling 37%! That’s more than one-third of our current rental and more than $700 per month! But that’s not all. It seems like the letter (see the attached) is a standard letter that is sent to all HDB commercial and industrial property tenants, so we are not the only tenant who is affected.

Read More »