Written Answer

Highest Rental Registered Annually for Whole HDB Flat by Type and Location

Speakers

Transcript

13 Mr Leong Mun Wai asked the Minister for National Development since 2010, what is the highest amount of rental that has been registered annually for the rental of a whole HDB flat for the different HDB flat types in (i) prime areas, (ii) mature estates and (iii) non-mature estates respectively.

Mr Desmond Lee: Based on the flat owners’ declaration in the applications, the median of the highest rents for each month in the year, after accounting for outliers, for various HDB flat types in 2010 has ranged from $1,150 to $2,100 in non-mature estates and $1,100 to $2,200 in mature estates. In 2022, it has ranged from $1,700 to $2,600 in non-mature estates and $1,350 to $2,800 in mature estates.

There is no rental data for flats under the Prime Location Public Housing model as such flats were only launched for sale in November 2021 and are still under construction.