You are here

HDB deficit down to S$1.639b

Thursday, October 13, 2016 - 13:36

11-39976845 - 25_09_2016 - pixmurder.jpg
The Housing and Development Board (HDB) incurred a deficit of S$1.639 billion in the financial year of 2015/2016, according to its annual report released on Thursday.

[SINGAPORE] The Housing and Development Board (HDB) incurred a deficit of S$1.639 billion in the financial year of 2015/2016, according to its annual report released on Thursday.

The deficit from home ownership alone - which comprises sale of flats, CPF housing grants disbursed and the loss for flats currently under development - amounted to S$1.179 billion.

Full story here.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom