Purchase of Subsidised 2-, 3- and 4-room BTO Flats by Singaporeans

Parliament of Singapore · 11 May 2015

Official Report, 11 May 2015, Vol 93, Issue 19 · Open in the reader (summaries, search, filters)

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Mr Gan Thiam Poh asked the Minister for National Development in the last three years, how many Singaporeans have purchased after subsidy (i) 2-room BTO flats for less than $20,000 and $40,000 respectively (ii) 3-room BTO flats for less than $100,000 and $120,000 respectively and (iii) 4-room BTO flats for less than $250,000.

Mr Khaw Boon Wan: Between 2012 and 2014, a total of:

a. 47 households booked 2-room Build-To-Order (BTO) flats for less than $40,000, of which 3 households did so for less than $20,000;

b. 283 households booked 3-room BTO flats for less than $120,000, of which 27 households did so for less than $100,000; and

c. 1,721 households booked 4-room BTO flats for less than $250,000.

These prices were after subsidies given to eligible households which could enjoy up to $40,000 in Additional CPF Housing Grant and $20,000 in Special CPF Housing Grant.

Source: Singapore Parliament Official Report (Hansard) for 11 May 2015. Republished on SGParliament.