Article Picked from
Yi Qian
December 27, 2024
Real Incomes Rise in 2024, But Housing Affordability Progress Lags
With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …
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