28 Aug '15, 5am

#singapore #property Public housing more than just a need: Maliki Osman:

#singapore #property Public housing more than just a need: Maliki Osman:

Comment E-mail to friend Bookmark & Share Minister of State for National Development Dr Maliki Osman said Singapore’s public housing policies are not only about meeting basic needs, but also about fulfilling aspirations, reported Channel News Asia. The Housing and Development Board (HDB) has been catering to the needs of the younger generation in search for a new housing landscape, he said on 938LIVE’s Talkback programme. He added that this is one of the reasons behind the government’s decision to raise the income ceiling for purchasing new executive condominiums (ECs) and Build-to-Order (BTO) flats. On 23 August, Prime Minister Lee Hsien Loong announced at the National Day Rally that the income ceiling to buy a new BTO flat will be increased to S$12,000 from S$10,000, while the income ceiling for ECs will be increased to S$14,000 from S$12,000. Dr Maliki noted that there ...

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

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