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3.32 Our objective is to enable 90% of households
to own their own homes. While most Singaporeans
can afford at least a 3-room flat, a small group
earning around $1,000 per month have difficulties
doing so, and therefore cannot benefit fully from
the home ownership subsidies. The 2-room flats
to be built for sale will provide more affordable
housing options for this group of low-wage workers.
MND will release more details during the Committee
of Supply.
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