24 Jun '15, 9am

#singapore #property BTO flats, ECs now for the well-off too?: On Tuesday, National Dev...

Commenting on the higher income ceiling, Mohamed Ismail, CEO of PropNex Realty said: “It is timely to review the income ceiling as generally Singaporeans’ income have been increasing and in the last two years the subscription rate for BTO flats has been reduced to approximately two times, which was about five times three years ago. This shows that the supply of BTO flats is sufficient to meet Singaporeans’ needs, and by increasing the BTO income ceiling, more Singaporeans can have a chance of owning public housing.”

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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