Written Answer by Ministry of National Development on number of vacant units and vacancy rate, including and excluding units that have achieved TOP and yet to be handed over to buyers, as broken down by flat type, in each of the last 10 years

Oct 4, 2021


Mr Chua Kheng Wee Louis: To ask the Minister for National Development in each of the last 10 years, of the total completed HDB dwelling units for sale, what is the number of vacant units and vacancy rate, including and excluding units that have achieved TOP and yet to be handed over to buyers, as broken down by flat type.

Answer:


As at 31 Aug 2021, HDB managed a stock of 1,025,331 completed homeownership flats. Of these, 1,607 flats, or 0.2%, were vacant units that had not been booked. Most of these units were either being offered under Sale of Balance Flats exercises or open booking where flat selection had not been completed, or were scheduled for offer in subsequent exercises. Please see Table 1 for details.

Table 1: Vacant completed homeownership flats that were not booked^

Date* 1-room/ 2-room/
Studio Apartment
 
3-room 4-room  5-room /
3Gen
 
Executive  Total
31 Mar 2012  614
(5.7%)**
818
(0.4%) 
1,361
(0.4%) 
 487
(0.2%)
148
(0.2%)
3,428
 (0.4%)
31 Mar 2013 1,034
(8.0%) 
700
(0.3%) 
437
(0.1%)
165
(0.1%)
40
(0.1%)
2,376
(0.3%)
31 Mar 2014  884
(5.6%)
 735
(0.3%)
616
(0.2%)
238
(0.1%) 
28
(0.04%)
2,501
(0.3%) 
31 Mar 2015  1,230
(6.4%)
1213
(0.5%) 
875
(0.2%)
426
(0.2%)
33
(0.1%)
3,777
(0.4%) 
31 Mar 2016 1,256
(6.0%)
1,156
(0.5%) 
1,186
(0.3%)
801
(0.3%) 
43
(0.1%)
4,442
(0.5%)
31 Mar 2017  780
(3.4%)
1,215
(0.5%) 
1,826
(0.5%)
1,088
(0.5%)
42
(0.1%)
4,951
(0.5%)
31 Mar 2018 722
(2.5%)
987
(0.4%) 
1,417
(0.3%)
829
(0.3%)
30
(0.05%)
3,985
(0.4%)
31 Mar 2019  565
(1.8%)
687
(0.3%) 
939
(0.2%) 
472
(0.2%)
26
(0.04%)
2,689
(0.3%)
31 Mar 2020  455
(1.3%)
449
(0.2%)
683
(0.2%) 
305
(0.1%)
31
(0.05%)
1,923
(0.2%)
31 Mar 2021  640
(1.7%)
374
(0.2%) 
730
(0.2%)
320
(0.1%)
28
(0.04%)
2,092
(0.2%)
31 Aug 2021  555
(1.4%)
 339
(0.1%)
492
(0.1)%
200
(0.1%)
21
(0.03%)
1,607
(0.2%)

^ All units have obtained the Temporary Occupation Permits (TOP).  
* Data provided is as at the end of each Financial Year. The data in the final row provides the latest available figures.
** Figures in brackets indicate the number of completed homeownership flats which were not booked as a proportion of the total number of homeownership flats of the specific flat type.


From 2016 to 2020, HDB launched an average of around 16,500 flats every year. Once the flats are completed, HDB progressively invites flat owners to collect the keys to their flats. As at 31 Aug 2021, 3,772 homeownership flats had been booked and completed, and HDB has scheduled flat buyers to collect the keys to their flats.