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HDB Income Ceiling
The HDB Income Ceiling will be raised to $10,000 for BTO flats and $12,000 for ECs (executive condominiums). Previously, the respective ceilings were $8,000 and $10,000. This was just announced by PM Lee Hsien Loong in his 2011 National Day Rally Speech. PM Lee acknowledged that due to the revision of the income ceilings, demand ...
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