Budget 2023 is being announced even as we write this, and there is some good news for flat buyers — higher CPF grants seem likely to make resale flats more affordable. There are also added balloting chances for a select group of home buyers. On the flip side, some private property buyers may soon face higher taxes. Here's the initial...
Budget 2023 is being announced even as we write this, and there is some good news for flat buyers — higher CPF grants seem likely to make resale flats more affordable.
In essence, these two groups are singled out for priority treatment among first-timers. That's to distinguish them from those perceived as being in less need, such as those who have a home but have never before had a housing subsidy . We suspect the age discrimination might be painful for older Singaporeans, and some may resent the tone of "have children or you're less of a priority." Still, it may be fair to argue those who have children right now, or will have soon, are in more urgent need of the space.
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