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Singapore: Good news for new home buyers

Posted on 09 May 2011

First-time home buyers will welcome the call to raise the income ceiling to qualify for new HDB flats, property analysts said yesterday, a move which will also benefit the sandwiched class.
National Development Minister Mah Bow Tan has hinted that the income ceiling for new build-to-order (BTO) flats could be raised to S$10,000 - from the current S$8,000 - after the General Election……………………………………….Full Article: Source


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