Annual Sales of Previously Owned Residential Properties Since 2019

Dr Tan Wu Meng asked the Minister for National Development (a) since 2019, how many sales of previously owned residential properties have taken place annually; and (b) of these, what proportion involved (i) HDB residences, (ii) first-time sellers and (iii) first-time sellers of HDB residences.

Mr Desmond Lee: Information on the number of resale transactions and first-time sellers of HDB flats and private residential properties from 2019 to August 2022 is in Table 1.