Written Answer by Ministry of National Development on statistics of Singaporean purchasers who entered into private residential property transactions

Nov 3, 2020

Mr Chua Kheng Wee Louis: To ask the Minister for National Development in respect of private residential property transactions entered into by Singaporean purchasers over the last 10 years, what is the annual breakdown of purchasers by (i) marital status and (ii) age bands in five-year intervals.

Answer:

Of the private residential transactions (including ECs) by Singapore Citizens over the past 10 years, the breakdown by marital status and age of the purchaser have remained broadly consistent:

a. Married purchasers accounted for more than two-thirds of transactions. 
b. Purchasers aged below 55 accounted for more than 80% of transactions. 
c. Purchasers aged between 35 and 39 accounted for the largest share of transactions, at around 20%.