Reliable $1 Web Hosting by 3iX

Tuesday, February 23, 2010

CNA : HDB committed to build sufficient, affordable housing for citizens

HDB committed to build sufficient, affordable housing for citizens
By Evelyn Choo, Channel NewsAsia | Posted: 22 February 2010 2049 hrs

SINGAPORE : The Housing and Development Board (HDB) is committed to providing sufficient and affordable flats to first-time Singaporean homebuyers, and it will make no distinction between indigenous and new citizens.

Senior of Minister of State for National Development, Grace Fu, said this in Parliament on Monday in reply to a question on how many new citizens rented homes, compared with those who bought properties.

Ms Fu said the government does not track the type of properties rented or owned by new citizens.

"As a policy, we do not distinguish between indigenous and new citizens. Our commitment in housing is to provide sufficient and affordable flats for first-time Singaporean homebuyers, whether new citizens or otherwise. I wish to reassure the House that HDB continues to uphold this commitment," she said. - CNA /ls

No comments:

Post a Comment

Pre-development Land Investing

In business for over 30 years, success in providing real estate investment opportunities to clients around the world is a simple, yet effective separation of roles and responsibilites. The four pillars of strength guide the land from the research and acquisition, through to the exit, including the distribution of proceeds to our clients ......


To know more how this is really work for you and your clients....

Please contact me Terence Tay @ (+65) 9387-5896 or email : terencetay.kh@gmail.com