Pearls Centre residents seek to get flats faster
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Five households from Pearls Centre have asked the authorities to waive a 30-month debarment period for getting a new flat from the Housing Board. -- ST PHOTO: DESMOND WEE
Five households from Pearls Centre have asked the authorities to waive a 30-month debarment period for getting a new flat from the Housing Board.
The 43-year-old building in Chinatown was acquired by the Government to build underground tunnels for the Thomson MRT Line last month.
The owners of 44 residential units and occupants of 199 shops have two years to move out. The Singapore Land Authority (SLA) and the Housing Board are evaluating the requests.
The 30-month restriction is meant to prevent private-property downgraders from immediately competing for affordable housing with those who have yet to enjoy a housing subsidy.
