Friday, June 24, 2005

More living in HDB flats, average household size smaller: HDB survey

SINGAPORE : The number of people living in HDB flats has increased by
5.2 percent to 2.84 million in 2003.

The last survey was conducted in 1998.

The HDB Sample Household Survey, conducted once in five years, also
found that average household size has shrunk considerably from 6.2
persons in 1968 to 3.7 in 1998 and 3.5 in 2003.

Another key finding is the rise in average monthly household income -
from $3,719 in 1998 to $4,238 in 2003.

Also, in 2003, fewer households said they were inclined to move in the
next five years - only 18.6 percent compared to 35.7 percent in 1998.

And "buying" beat "renting" hands down - an overwhelming 95.6 percent
of
households interviewed prefer to own rather than rent a flat.

Eight such surveys have been completed since 1968.

The latest covered 7,300 households in all the HDB towns and estates. -
CNA/de


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