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More housing aid proposed for elderly

Published Mon, Sep 15, 2014 · 04:09 AM

[SINGAPORE] More help could be on the way with housing for the elderly, according to National Development Minister Khaw Boon Wan.

Yesterday, Mr Khaw told Channel NewsAsia (CNA) his ministry will look at expanding the Lease Buyback Scheme, an initiative that helps the elderly monetise their housing assets.

He said this on the sidelines of a post-Budget dialogue with grassroots leaders yesterday.

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