Singapore, 10 Feb 2021 The number of Singapore residents living in HDB flats has dipped for the first time since 2003, even as the number of HDB households continued to climb.
A total of 3.04 million Singapore residents – or about 76 per cent of Singapore residents – lived in HDB flats in 2018, as compared to 3.06 million in 2013.
This could also be due to more residents upgrading to private property, said Ms Christine Sun, OrangeTee & Tie’s senior vice-president of research and analytics. She noted that there had been a substantial number of mass market private home and executive condominium launches between 2013 and 2018.