Friday, Aug 16, 2013

SINGAPORE

At the end of June, there were 51,000 Housing Board flats fully owned by permanent residents (PRs). This represents 6 per cent of all HDB flats, Minister for National Development Khaw Boon Wan said in a written reply to Member of Parliament Gan Thiam Poh.

This year, 130 flats were sold by PRs within three years of their purchase, 320 were sold within four years of purchase, and 490 within five years.

http://business.asiaone.com/property/news/prs-fully-own-6-cent-hdb-flats