More than 80% of Singapore's residents live in public housing flats, which are built, sold and subsidized by the government.
The Enhanced CPK Housing Grant will also be increased for eligible families who are buying for the first time, by up to SG$40,000 . From Tuesday, buyers of HDB flats won't be allowed to borrow as much as before. The loan-to-value limit for Housing Development Board loans will be lowered from 80% to 75%,24/7 New York news stream: Watch NBC 4 free wherever you are
The Enhanced CPF Housing Grant will also be increased for eligible families who are buying for the first time, by up to SG$40,000 to a maximum of $120,000 , the government added.Biden gets a rousing ovation as he gives Harris an enthusiastic endorsement on Day 1 of DNC