Government To Build More Executive Condos


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The Singapore Government announced that they will build more Executive Condominiums (ECs) to meet the housing needs of what is described as the “sandwiched group”. The so-called sandwiched group are those family that are earning betwen S$8,000 to S$10,000 per month. The Government also promised that they will give the S$30,000 housing grant for first time home owners. For the year 2010, ECs will make up 10 per cent of about 12,000 new flats to be built by HDB.

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