HDB Flats Surrendered, Sold by Banks and in Mortgage Arrears

Debated in Parliament on 11 Nov 2013.

Summary written by AI (learn more)

Minister for National Development provided data from 2008 to 2012 on HDB lessees aged 55 and above who surrendered flats due to default, lost flats in mortgagee sales by banks, and were in mortgage arrears of three months or more.
The data was also provided for all HDB lessees irrespective of age for the same three categories over the same period.
The response included a tabulated breakdown of the figures for each year from 2008 to 2012, with references to pages 186 and 187.

Questions identified by AI (learn more)

Full Transcript

Chen Show Mao

Mr Chen Show Mao asked the Minister for National Development for each year from 2008 to 2012 (a) how many HDB lessees aged 55 years and above (i) surrendered their flats to HDB as a result of default on HDB loan repayments (ii) lost their flats in mortgagee sales by banks and (iii) at year end, were in mortgage arrears of three months or more; and (b) what were the respective numbers of HDB lessees for (i), (ii) and (iii) irrespective of age.

Khaw Boon Wan

The data is tabulated below.

Page: 186

Page: 187

Summary written by AI (learn more)

Minister for National Development provided data from 2008 to 2012 on HDB lessees aged 55 and above who surrendered flats due to default, lost flats in mortgagee sales by banks, and were in mortgage arrears of three months or more.
The data was also provided for all HDB lessees irrespective of age for the same three categories over the same period.
The response included a tabulated breakdown of the figures for each year from 2008 to 2012, with references to pages 186 and 187.

Questions identified by AI (learn more)

HDB Flats Surrendered, Sold by Banks and in Mortgage Arrears

Debated in Parliament on 11 Nov 2013.

Summary written by AI (learn more)

Minister for National Development provided data from 2008 to 2012 on HDB lessees aged 55 and above who surrendered flats due to default, lost flats in mortgagee sales by banks, and were in mortgage arrears of three months or more.
The data was also provided for all HDB lessees irrespective of age for the same three categories over the same period.
The response included a tabulated breakdown of the figures for each year from 2008 to 2012, with references to pages 186 and 187.

Questions identified by AI (learn more)

Full Transcript

Chen Show Mao

Khaw Boon Wan

The data is tabulated below.

Page: 186

Page: 187

Summary written by AI (learn more)

Minister for National Development provided data from 2008 to 2012 on HDB lessees aged 55 and above who surrendered flats due to default, lost flats in mortgagee sales by banks, and were in mortgage arrears of three months or more.
The data was also provided for all HDB lessees irrespective of age for the same three categories over the same period.
The response included a tabulated breakdown of the figures for each year from 2008 to 2012, with references to pages 186 and 187.

Questions identified by AI (learn more)

HDB Flats Surrendered, Sold by Banks and in Mortgage Arrears | PAPERCUTS

HDB Flats Surrendered, Sold by Banks and in Mortgage Arrears

Summary

Questions Identified

Full Transcript

Chen Show Mao

Khaw Boon Wan

Summary

Questions Identified

HDB Flats Surrendered, Sold by Banks and in Mortgage Arrears

Summary

Questions Identified

Full Transcript

Chen Show Mao

Khaw Boon Wan

Summary

Questions Identified