Singapore learns its ABSDs to avoid housing collapse
East Asia Forum·2023-05-26 11:02
Author: Tien Foo Sing, National University of Singapore
Singapore’s housing market is going through some big changes. It has a dual market structure consisting of a public and a private market. The public housing market is divided into a primary and a secondary (resale) market. The Housing & Development Board is responsible for building and selling public housing flats at concessionary prices in the primary market to Singaporeans.
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