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Did the government spend or made $28 billion from selling HDB flats?

It states that “It is also a good deal for the state. In 2015-16 the treasury put aside S$1.8bn, or 2.4% of the national budget, for housing, which was enough to cover HDB's annual deficit. http://bit.ly/2sCHwIT

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A social advocate, professional web content writer and photographer with a keen eye for details. I'm Loving It. Just Do It. More@ bit.ly/juanmorris

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