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| 19. |
Encouraging
home ownership remains a fundamental objective
of the Government's public housing policy
and a key purpose of the CPF. Home ownership
promotes rootedness and a sense of belonging
among Singaporeans. The HDB will price its
flats such that 90% of Singaporean households
can still afford at least a 3-room flat, even
at the lower CPF contribution rates. HDB will
continue to help low-income families to buy
flats under its Special Housing Assistance
Programme. |
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