NEW AND RESALE PRIVATE PROPERTIES

Mr Yeo Guat Kwang asked the Minister for Law how many private properties, both new and resale, were transacted during the period 1993 to 1997.

Prof. S. Jayakumar: The volume of transactions for new and resale private residential properties is as follows: Year New Units Resale Total Units 1993 7,440 11,506 18,946 1994 9,860 11,879 21,739 1995 7,522 10,183 17,705 1996 9,565 10,134 19,699 1997 5,520 5,697 11,217

This information is obtained from caveats lodged at the Land Titles Registry and data compiled from surveys by URA of licensed housing developers.

Figures on other types of private properties are not available.