Building industry urges extension of €600m first-time buyers scheme amid soaring construction costs

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The Construction Industry Federation has said the Help to Buy scheme must be extended to offset rising costs for first-time buyers. ​ ​The lobby group also called for lower taxes for small landlords to stop what it called their “exodus” from the market

The government must extend its “vital” €600 million Help to Buy scheme for another three years to help both builders and first-time buyers with soaring costs, the country’s construction lobby group has said.

The Construction Industry Federation also warned that low levels of projected government spending on infrastructure projects under the €165 billion National Development Plan do not “augur well for the pipeline of construction projects”.

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:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines