richwang
08-02-13, 20:34
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Correlation between Home Ownership and Marriage
47 Ms Tan Su Shan asked the Minister for National Development over the past 10 years (a) what is the number of singles between 35 and 40 years of age, buying flats from HDB directly; (b) what percentage of such persons subsequently married, as compared with the same singles age group that did not purchase a flat or apartment; and (c) whether the data shows that having one's own home helps in settling down faster and, if so, whether the Minister will consider expediting the direct sale of Build-to-Order flats to them.
Mr Khaw Boon Wan: Singles cannot buy new flats from HDB by themselves. They can buy a resale flat if they are at least 35 years of age.
Over the past 10 years, 18,000 singles aged between 35 and 40 bought HDB resale flats. Of these, 3,800 (or 21%) got married subsequently. We do not have data on singles who did not purchase an HDB flat or a private apartment.
We are finalising our policy to allow singles to buy new HDB flats for the strict purpose of owner-occupation. We aim to get it implemented this year.
Correlation between Home Ownership and Marriage
47 Ms Tan Su Shan asked the Minister for National Development over the past 10 years (a) what is the number of singles between 35 and 40 years of age, buying flats from HDB directly; (b) what percentage of such persons subsequently married, as compared with the same singles age group that did not purchase a flat or apartment; and (c) whether the data shows that having one's own home helps in settling down faster and, if so, whether the Minister will consider expediting the direct sale of Build-to-Order flats to them.
Mr Khaw Boon Wan: Singles cannot buy new flats from HDB by themselves. They can buy a resale flat if they are at least 35 years of age.
Over the past 10 years, 18,000 singles aged between 35 and 40 bought HDB resale flats. Of these, 3,800 (or 21%) got married subsequently. We do not have data on singles who did not purchase an HDB flat or a private apartment.
We are finalising our policy to allow singles to buy new HDB flats for the strict purpose of owner-occupation. We aim to get it implemented this year.