HOUSING BOARD HOME OWNERSHIP SCHEME (Statistics)

Mr Lim Cheng Lock asked the Minister for Law and National Development (i) the number of persons on the register as at 31st May, 1967, for the purchase of flats under the Housing and Development Board home ownership scheme; (ii) the number of flats (giving the type, cost and location) expected to be available for sale by the end of 1967; and (iii) the number of flats sold since the inception of the scheme, and of these, the number paid for by cash and the number by monthly instalments.

The Parliamentary Secretary to the Minister for National Development (Mr Ho Cheng Choon) (for the Minister for Law and National Development): Mr Speaker, Sir, as at 31st May, 1967, 1,663 outstanding applicants have been registered for the purchase of flats under the Housing and Development Board home ownership for the people scheme. The number of flats expected to be available for sale by the end of 1967 is as follows: - Toa Payoh, Neighbourhood 2, Contract 7 - 19-storey buildings Expected date of completion: July 1967. Three rooms improved type at $7,500 per unit. Altogether 228 units. Toa Payoh, Neighbourhood 3, Contract 3 - 16-storey buildings Expected date of completion: December 1967. All three rooms improved type at $7,500 per unit. Altogether 576 units. Toa Payoh, Neighbourhood 4, Contract 2 - 10-storey buildings Expected date of completion: October 1967. All three rooms improved type at $7,500 per unit. Altogether 200 units Toa Payoh, Neighbourhood 4, Contract 5 - 10-storey buildings Expected date of completion: November 1967. All three rooms improved type at $7,500 per unit. Altogether 360 units Bukit Ho Swee, Phase III, Contact 10 - 16-storey buildings Expected date of completion: December 1967. All three rooms improved type at $6,300 per unit. Altogether 400 units

Since the inception of the scheme, 4,955 flats have been sold. Of these, 259 units were paid for by cash and 4,696 by monthly instalments.