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HDB posted a S$6.34 billion net deficit in 2024, with improved performance, 23,600 new flats built, and plans for 55,000 homes by 2027.
HDB reported a S$6.34 billion net deficit for 2024, a slight improvement from the prior year, driven by lower losses on new flats and continued government support.
The board built around 23,600 Build-To-Order flats and plans to launch 55,000 new homes from 2025 to 2027, including 4,000 with shorter wait times.
Spending on upgrades rose 34% to S$532 million, while housing grants fell to S$881 million.
Nine in 10 first-time BTO buyers used CPF savings with minimal cash outlay.
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HDB registró un déficit neto de S $ 6.34 mil millones en 2024, con un rendimiento mejorado, 23.600 nuevos pisos construidos y planes para 55.000 viviendas para 2027.