Written answer by Ministry of National Development on proportion of resale HDB flat buyers who are upgraders and downgraders from larger HDB flats
Mar 2, 2023
Question No: 2796
Question by: Ms Mariam Jaafar
To ask the Minister for National Development what proportion of resale HDB flat buyers are (i) upgraders and (ii) downgraders from larger HDB flats respectively.
Answer:
From 2020 to 2022, about 19% of resale flat buyers bought a larger flat, and about 15% of resale flat buyers bought a smaller flat, within three years of disposing of their previous flat.