Statistics on Flat Owners Unable to Sell Their Flats within Grace Period after Collection of Keys to New Flats

Mr Gan Thiam Poh asked the Minister for National Development (a) to date, how many flat owners could not sell their flats after the grace period given to them after the collection of keys to their new flats; and (b) whether the number has been the increasing for the past three years.

Existing flat owners who are collecting the keys to a new or resale HDB flat have up to six months to sell or transfer their interest in the existing flat. The number of households unable to do so today is around 600, similar to 2017.