Written Answer by Ministry of National Development on data on number of HDB flats eligible for resale and sold within one year, five years and ten years after five-year Minimum Occupation Period

Nov 2, 2021


Mr Chua Kheng Wee Louis: To ask the Minister for National Development in each year over the last 10 years, (a) what is the number of HDB flats eligible for resale within one year, five years and 10 years after the five-year minimum occupation period (MOP) respectively; and (b) what is the number of direct purchase HDB flats sold within one year, five years and 10 years of meeting MOP respectively.

Answer:

Direct-purchase HDB flats are generally eligible for resale in the open market after the 5-year minimum occupation period (MOP). The number of direct-purchase HDB flats that are eligible for resale after the MOP, and those that are sold within one year, five years and 10 years of meeting the MOP respectively, for each year over the last 10 years, is appended in Table 1.

Table 1: Number of Direct-Purchase Flats Eligible for Resale, and Sold Within 1/5/10 Years, by Year When MOP is Fulfilled

table 1

Notes:
a)    Based on direct-purchase flats sold on the open market by the year of completion of the sale.
b)    ^ Based on direct-purchased flats sold on the open market as at 3Q2021.
c)     * The full runway of 5 years after the MOP has not been observed for direct purchase flats that fulfilled the MOP from 2017 to 2020.
d)    ** The full runway of 10 years after the MOP has not been observed for direct purchase flats that fulfilled the MOP from 2012 to 2020.