Proportion of Resale Flat Buyers Who are Upgraders and Downgraders
Parliament of Singapore · 2 March 2023
Official Report, 2 March 2023, Vol 95, Issue 90 · Open in the reader (summaries, search, filters)
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Ms Mariam Jaafar asked the Minister for National Development what proportion of resale HDB flat buyers are (i) upgraders and (ii) downgraders from larger HDB flats respectively.
Mr Desmond Lee: From 2020 to 2022, about 19% of resale flat buyers bought a larger flat, and about 15% of resale flat buyers bought a smaller flat, within three years of disposing of their previous flat.
Source: Singapore Parliament Official Report (Hansard) for 2 March 2023. Republished on SGParliament.