More To Apply For Home Office Scheme As Approval Period Extends

Source : Channel NewsAsia, 06 April 2008

The Home Office Scheme has been popular since it was introduced in 2003.

So far, more than 20,600 authorisations have been issued, with 19,500 approved applications for HDB flats and 1,100 for private properties.

With the Housing and Development Board (HDB) extending the approval period for the scheme from three years to five years, more are expected to join the scheme.

From the beginning of this month, the approval period for all new applications and renewals will be on a five-year validity period.

HDB said the aim of the extension is to give home offices more time to develop their businesses.

Authorities said most of the applications are for IT consultancy, web design, real estate services and advertising. - CNA/ac