Chart of the Day: Almost 20,000 HDB units per annum to hit MOP in 2020 onwards

Stable prices in the resale market may drive upgraders to buy a bigger home.

This chart from DBS Bank shows that close to 20,000 units per annum will come off their minimum occupation period (MOP) for HDB from 2020 onwards. Over the next 10 years, flats that will hit the MOP is estimated at 17,000-19,000 per year.

Higher volumes and stable prices within the HDB resale market are expected to drive upgraders, or homeowners who have already bought their first HDB homes, to buy a bigger home, whether due to a growing family or aspirational reasons.

“Whilst there is a significant number of households that can choose to upgrade to the private market, the timing of these households opting to enter the market remains uncertain for now. Developers will likely cater their projects to attract this market,” the report stated.

According to data from SRX, about 4,785 flats will be eligible to join the HDB resale market in the next three months.

Follow the link for more news on

Housing and Development Board

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia