National Housing Policy – a great blueprint awaiting implementation
When the National Housing Policy (NHP) (2018-2025) Action Plan was drawn up, it was hoped to improve the housing sector by focusing on the provision of adequate housing, as well as ensuring a safe, healthy and harmonious living environment equipped with complete public amenities and quality recreational facilities.
Hong Leong Investment Bank (HLIB) Research said property developers with projects in Singapore could experience resilient local demand despite the new rate for the republic’s Additional Buyers’ Stamp Duty (ABSD).