25 Aug '15, 9am

Interesting. New #Singapore housing policies not due to #GE: Khaw

Comment E-mail to friend Bookmark & Share National Development Minister Khaw Boon Wan has clarified that the new housing policies announced on Sunday targeting home buyers from different income groups has little to do with the upcoming general election, reported The Business Times . “If you have been watching what we have been doing since I entered MND (Ministry of National Development) more than four years ago, we have been making adjustments practically every year. My objectives are quite clear – that home ownership is a very important part of the governance of Singapore,” said Mr Khaw who spoke to reporters at the HDB Hub on Monday. He noted that he focuses on certain groups of people in turn. The latest policies benefit middle to higher-income groups, home renters and singles, after the Build-To-Order (BTO) backlog for first-time newlyweds was resolved. “That is how I ...

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

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