HDB Homes with Mortgages Financed by Commercial Banks

Parliament of Singapore · 4 October 2022

Official Report, 4 October 2022, Vol 95, Issue 70 · Open in the reader (summaries, search, filters)

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Mr Sitoh Yih Pin asked the Prime Minister what is the current percentage of HDB homes with mortgages that are financed by commercial banks.

Mr Tharman Shanmugaratnam (for the Prime Minister): As at second half of 2022, 42% of all households who live in HDB homes have outstanding mortgage loans. Of these, 63% were granted by HDB and the remaining 37% by financial institutions (FIs).

Source: Singapore Parliament Official Report (Hansard) for 4 October 2022. Republished on SGParliament.