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Thread: Over the past 10 years, 18,000 singles aged between 35 and 40 bought HDB resale flats

  1. #1
    Join Date
    Jul 2009
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    Default Over the past 10 years, 18,000 singles aged between 35 and 40 bought HDB resale flats

    http://160.96.186.106/search/topic.j...0978d79310f%23

    Correlation between Home Ownership and Marriage

    47 Ms Tan Su Shan asked the Minister for National Development over the past 10 years (a) what is the number of singles between 35 and 40 years of age, buying flats from HDB directly; (b) what percentage of such persons subsequently married, as compared with the same singles age group that did not purchase a flat or apartment; and (c) whether the data shows that having one's own home helps in settling down faster and, if so, whether the Minister will consider expediting the direct sale of Build-to-Order flats to them.

    Mr Khaw Boon Wan: Singles cannot buy new flats from HDB by themselves. They can buy a resale flat if they are at least 35 years of age.
    Over the past 10 years, 18,000 singles aged between 35 and 40 bought HDB resale flats. Of these, 3,800 (or 21%) got married subsequently. We do not have data on singles who did not purchase an HDB flat or a private apartment.
    We are finalising our policy to allow singles to buy new HDB flats for the strict purpose of owner-occupation. We aim to get it implemented this year.

  2. #2
    Join Date
    Feb 2012
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    This news came too late for a few of my single friends who are now in their 60s. But for one of them, it's a blessing in disguise. The walk-up private apartment she bought in the 80s in East Coast was enblocked 2 years ago.

  3. #3
    Join Date
    Apr 2009
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    why your friends need to wait for the news, anything they are not sure, they can just walk into the hdb office and ask.
    Quote Originally Posted by Beebot
    This news came too late for a few of my single friends who are now in their 60s. But for one of them, it's a blessing in disguise. The walk-up private apartment she bought in the 80s in East Coast was enblocked 2 years ago.

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