Singapore will provide more 2-room and 3-room government flats next year. This was announced by Minister for National Development, Mah Bow Tan in Parliament when addressing the rising demand for such units. He said that this would help lower income families to own their own homes, as well as those that needed to downgrade their homes in these troubled times
Singapore’s Budget Statement for 2009 is eagerly anticipated. It is seen as pivotal to the outcome of both local and foreign businesses operating here in Singapore. As a matter of fact, it is so important that the Government has brought it forward to January 2009. The policies laid down in this Statement shall indicate the Government’s response in relation to the bleak world economic forecast for the year 2009.
More on Singapore’s Budget Statement 2009 and Real Estate Value
