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Changing land pricing to cut cost of HDB flats risks destabilising entire property market: DPM Wong

SINGAPORE Changing the way that land is priced to lower the cost of Housing Board flats will risk destabilising the entire property market, said Deputy Prime Minister Lawrence Wong. He cautioned against artificially resetting the housing market in this manner. Wong was responding on Friday (Feb 24) to proposals and concerns raised by MPs over housing during the Budget.

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