The disbursement of Central Provident Fund (CPF) housing grants, decrease in the sales of flats, and the expected loss for flats that are currently under development have been attributed for the figures. The Housing and Development Board (HDB) has announced an annual loss of $2.66 billion in the financial year ended 31 March, up from about $1.98 billion a year previously, according to its annual 2019/20...
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