SINGAPORE: Facebook page The Alternative View has been issued a correction direction for suggesting that the Housing & Development Board profits from the sale of Build-to-Order flats at Central Weave @ AMK.The case involved a Facebook post three days ago, said the Ministry of National Development in a news release on Sunday .
"If we take into account the CPF housing grants that HDB will extend to eligible buyers, the deficit is higher still," MND said. For the financial year 2021/2022, HDB incurred a deficit of S$3.85 billion in its Homeownership Programme.The deficit is mainly due to"significant subsidies" for new flats and the disbursement of CPF housing grants for eligible buyers, MND said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Alternative View to get correction order after implying HDB will profit from Ang Mo Kio BTO flatsMND said HDB will in fact incur a loss from the sale of the Central Weave AMK BTO flats. Read more at straitstimes.com. 'use less than a quarter of their monthly income to service their housing loans' is only because of TDSR. Profit will be made by IRS through the resale.
Source: straits_times - 🏆 5. / 69 Read more »
2,000 families join PM Lee for Mid-Autumn celebrations at Bishan-Ang Mo Kio ParkSINGAPORE - A light drizzle did not stop around 2,000 families joining Prime Minister Lee Hsien Loong on Saturday night (Sept 3) at Bishan-Ang Mo Kio Park for Mid-Autumn Festival celebrations. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »
Public views sought on cat welfare as AVS, HDB mull over allowing cats in flatsThe consultation will revolve around a proposed framework that includes measures aimed at rehoming cats. Read more at straitstimes.com. Can women vote in Singapore?
Source: straits_times - 🏆 5. / 69 Read more »
AVS seeking views on feline welfare framework, including pet cat ownership in HDB flatsSINGAPORE — The Animal & Veterinary Service (AVS) is seeking public feedback on its proposed framework to improve the management and welfare of cats, including possibly allowing pet cats in Housing and Development Board (HDB) flats. people have already been keeping cat(s) inside HDB apartments...
Source: TODAYonline - 🏆 1. / 99 Read more »
AVS seeking views on feline welfare framework, including pet cat ownership in HDB flatsThe public consultation includes an online survey that will be available until Nov 2.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »