25 Feb '13, 7am

We have the latest on the #sgbudget | | PropertyGuru

In his Budget 2013 speech, Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam said that Singapore faces pressing challenges in housing and transport and the government will spare no effort in resolving these issues. Housing costs will look to be reduced relative to the income of young Singaporeans. According to the Minister, major steps have already been made to cool the property market. "We've also ramped up supply of HDB flats for first-timers," he added.

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

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