HDB/Executive Condominium Owners and Occupants Owning Other Properties

Debated in Parliament on 12 Nov 2012.

Summary written by AI (learn more)

Mrs Lina Chiam asked for the numbers and proportions of HDB/Executive Condominium (EC) owners and authorized occupants who own private residential, commercial, or industrial properties in Singapore as of 1 October 2012.
Minister Khaw Boon Wan provided specific figures, such as 47,118 HDB/EC owners (3.1%) owning private residential properties and 15,077 HDB/EC authorized occupants (1.5%) owning such properties, along with numbers for commercial and industrial properties.
The data for ECs pertains only to La Casa EC, which is still within the 5-year Minimum Occupation Period (MOP), during which owners and occupants cannot own private residential properties but may own commercial or industrial ones.
After the MOP, the Ministry of National Development does not track the number of EC owners and authorized occupants who own other types of properties.

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Full Transcript

Mrs Lina Chiam

Mrs Lina Chiam asked Minister for National Development as at 1 October 2012, what are the numbers of HDB/Executive Condominium (EC) owners and HDB/EC listed occupants respectively, who own (i) private residential properties (ii) commercial properties and (iii) industrial properties in Singapore out of the total number of such owners and listed occupants.

Page: 1156

Khaw Boon Wan

The numbers (and proportions) of HDB/EC owners who own private residential, commercial and industrial properties in Singapore are 47,118 (3.1%), 13,171 (0.9%) and 4,002 (0.3%) respectively. For HDB/EC authorised occupiers, the corresponding numbers are 15,077 (1.5%), 1,270 (0.1%) and 292 (0.03%).

The EC figures given are only for La Casa EC, which is the only EC that is still within the 5-year Minimum Occupation Period (MOP). During the MOP, EC owners and authorised occupiers are not allowed to own private residential properties, but may own commercial and industrial properties. After the MOP, MND does not track the number of EC owners and authorised occupiers who own other types of properties.

Page: 1156

Summary written by AI (learn more)

Mrs Lina Chiam asked for the numbers and proportions of HDB/Executive Condominium (EC) owners and authorized occupants who own private residential, commercial, or industrial properties in Singapore as of 1 October 2012.
Minister Khaw Boon Wan provided specific figures, such as 47,118 HDB/EC owners (3.1%) owning private residential properties and 15,077 HDB/EC authorized occupants (1.5%) owning such properties, along with numbers for commercial and industrial properties.
The data for ECs pertains only to La Casa EC, which is still within the 5-year Minimum Occupation Period (MOP), during which owners and occupants cannot own private residential properties but may own commercial or industrial ones.
After the MOP, the Ministry of National Development does not track the number of EC owners and authorized occupants who own other types of properties.

Questions identified by AI (learn more)

HDB/Executive Condominium Owners and Occupants Owning Other Properties | PAPERCUTS

HDB/Executive Condominium Owners and Occupants Owning Other Properties

Debated in Parliament on 12 Nov 2012.

Summary written by AI (learn more)

Mrs Lina Chiam asked for the numbers and proportions of HDB/Executive Condominium (EC) owners and authorized occupants who own private residential, commercial, or industrial properties in Singapore as of 1 October 2012.
Minister Khaw Boon Wan provided specific figures, such as 47,118 HDB/EC owners (3.1%) owning private residential properties and 15,077 HDB/EC authorized occupants (1.5%) owning such properties, along with numbers for commercial and industrial properties.
The data for ECs pertains only to La Casa EC, which is still within the 5-year Minimum Occupation Period (MOP), during which owners and occupants cannot own private residential properties but may own commercial or industrial ones.
After the MOP, the Ministry of National Development does not track the number of EC owners and authorized occupants who own other types of properties.

Questions identified by AI (learn more)

Full Transcript

Mrs Lina Chiam

Page: 1156

Khaw Boon Wan

Page: 1156

Summary written by AI (learn more)

Mrs Lina Chiam asked for the numbers and proportions of HDB/Executive Condominium (EC) owners and authorized occupants who own private residential, commercial, or industrial properties in Singapore as of 1 October 2012.
Minister Khaw Boon Wan provided specific figures, such as 47,118 HDB/EC owners (3.1%) owning private residential properties and 15,077 HDB/EC authorized occupants (1.5%) owning such properties, along with numbers for commercial and industrial properties.
The data for ECs pertains only to La Casa EC, which is still within the 5-year Minimum Occupation Period (MOP), during which owners and occupants cannot own private residential properties but may own commercial or industrial ones.
After the MOP, the Ministry of National Development does not track the number of EC owners and authorized occupants who own other types of properties.

Questions identified by AI (learn more)

HDB/Executive Condominium Owners and Occupants Owning Other Properties

Summary

Questions Identified

Full Transcript

Mrs Lina Chiam

Khaw Boon Wan

Summary

Questions Identified

HDB/Executive Condominium Owners and Occupants Owning Other Properties

Summary

Questions Identified

Full Transcript

Mrs Lina Chiam

Khaw Boon Wan

Summary

Questions Identified