Singapore, 10 Feb 2021 The number of Singapore residents living in Housing Board flats has dipped for the first time since 2003, with household sizes shrinking even as the number of HDB households continued to climb.
A total of 3.04 million Singapore residents - or close to eight in 10 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.