Statistics of Retirees Downgrading to HDB Flats from Private Properties

The number of retirees downgrading from private properties to HDB flats was about 370 households in both 2022 and 2023.
These households are defined as those where all buyers and spouses were aged 55 or above and had owned private residential property.
The retirees also declared they had no income and bought new short-lease flats or non-subsidised resale flats.
The flats purchased included 2-room Flexi flats, Community Care Apartments, or resale flats without subsidies.
The figures reflect a consistent trend of retirees moving from private to public housing in recent years.

The number of retirees downgrading from private properties to HDB flats was about 370 households in both 2022 and 2023.
These households are defined as those where all buyers and spouses were aged 55 or above and had owned private residential property.
The retirees also declared they had no income and bought new short-lease flats or non-subsidised resale flats.
The flats purchased included 2-room Flexi flats, Community Care Apartments, or resale flats without subsidies.
The figures reflect a consistent trend of retirees moving from private to public housing in recent years.

The number of retirees downgrading from private properties to HDB flats was about 370 households in both 2022 and 2023.
These households are defined as those where all buyers and spouses were aged 55 or above and had owned private residential property.
The retirees also declared they had no income and bought new short-lease flats or non-subsidised resale flats.
The flats purchased included 2-room Flexi flats, Community Care Apartments, or resale flats without subsidies.
The figures reflect a consistent trend of retirees moving from private to public housing in recent years.

The number of retirees downgrading from private properties to HDB flats was about 370 households in both 2022 and 2023.
These households are defined as those where all buyers and spouses were aged 55 or above and had owned private residential property.
The retirees also declared they had no income and bought new short-lease flats or non-subsidised resale flats.
The flats purchased included 2-room Flexi flats, Community Care Apartments, or resale flats without subsidies.
The figures reflect a consistent trend of retirees moving from private to public housing in recent years.

Summary