About 100,000 first-timers bought new HDB flats since 2008: Khaw

About 100,000 first-timer applicants, including families and singles, have bought a new HDB flat since 2008.

National Development Minister Khaw Boon Wan said this in a written parliamentary reply to MP Gan Thiam Poh on Monday (17 Aug). Among the successful applicants, about 50,400 have collected keys to their flats.

Another 6,700 will be collecting their keys later this year, added Mr Khaw.

“We expect another 31,100 (31 per cent) to collect their keys in 2016 or 2017, and the balance 11,800 (12 per cent) after 2017,” he said.

Mr Gan also asked for the number of applicants who had been successful in receiving grants to buy a resale flat. In reply, Mr Khaw said since 2008, 38,400 first-timer applicants had received grants to purchase a flat from the resale market.

Source : Channel NewsAsia – 18 Aug 2015

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