Thursday, January 12, 2012

The story began in the 1970s

Straits Times: Thu, Jan 12
HUDC units were introduced in the 1970s to cater to middle-income households.


At that time, prices of private properties were high and there were few HDB flats for sale in the open market.


There were 18 HUDC projects - with 99-year leases - in all, comprising 7,731 units and built in four phases...

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