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PAP Spin - Record number of homes to be built this year

Thread starter winnipegjets
Start date Apr 27, 2013

winnipegjets

Alfrescian (Inf)

Asset

Apr 27, 2013

An estimated 18,400 homes are set to be built this year, easily eclipsing the previous high of 14,600 units built in 1997, Urban Redevelopment Authority (URA) data out yesterday showed.

Of course, this record is meaningless. There will still be insufficient homes for sinkees. The increase is marginal and won't be able to keep up with demand. In 1997, the government didn't let me a few hundred thousands of foreigners in the country.

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