Oral Answer by Ministry of National Development on BTO flat applicants who gave up their units or delayed collection of keys
Feb 13, 2015
Mr Ang Wei Neng: To ask the Minister for National Development between 2010 and 2014, what is the number and percentage of HDB BTO flat applicants who
(a) give up their units before collecting their keys though they have selected their flats; and
(b) appeal to delay the collection of their keys, broken down by year, room type and whether they are first-time applicants.
Answer:
For the sales launches from 2010 to 2014, there were about 113,000 new flat bookings as at 31 Jan 2015. Of these bookings, about 10,000 or 9% of the applicants did not complete the purchase.
The number of appeals to delay key collection totaled about 460: 30 in 2010, followed by 50, 90, 90 and 200 in the subsequent years. The increase in appeals corresponded with the increase in the number of flats completed over the years.
Out of the 460 appeals, about 180 appeals were from first-timer applicants. Generally, 4 and 5-room flat types had more appeals from first-timers, while the smaller flat types had more appeals from second-timer applicants. About 3 in 4 of them have since collected the keys.