HDB/Executive Condominium Owners and Occupants Owning Other Properties

Mrs Lina Chiam asked Minister for National Development as at 1 October 2012, what are the numbers of HDB/Executive Condominium (EC) owners and HDB/EC listed occupants respectively, who own (i) private residential properties (ii) commercial properties and (iii) industrial properties in Singapore out of the total number of such owners and listed occupants.

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Mr Khaw Boon Wan: The numbers (and proportions) of HDB/EC owners who own private residential, commercial and industrial properties in Singapore are 47,118 (3.1%), 13,171 (0.9%) and 4,002 (0.3%) respectively. For HDB/EC authorised occupiers, the corresponding numbers are 15,077 (1.5%), 1,270 (0.1%) and 292 (0.03%).

The EC figures given are only for La Casa EC, which is the only EC that is still within the 5-year Minimum Occupation Period (MOP). During the MOP, EC owners and authorised occupiers are not allowed to own private residential properties, but may own commercial and industrial properties. After the MOP, MND does not track the number of EC owners and authorised occupiers who own other types of properties.

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