HDB's annual deficit rises more than 25% to record S$6.8b in latest fiscal year
01:29 Min
The annual deficit for the Housing and Development Board rose more than 25 per cent to hit a record of almost S$6.8 billion in its latest financial year. More than 90 per cent of this was spent on supplying more Built-to-Order flats and providing more housing grants.
07 Nov 2024 10:26pm
The annual deficit for the Housing and Development Board rose more than 25 per cent to hit a record of almost S$6.8 billion in its latest financial year. More than 90 per cent of this was spent on supplying more Built-to-Order flats and providing more housing grants.
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