CNA

HDB’s annual deficit falls to S$6.34 billion in last financial year

Of the FY2024 deficit, S$5.51 billion was incurred for the home ownership segment, with another S$532 million spent on HDB ...

HDB’s deficit eases slightly to $6.34b amid BTO roll-out; $532m spent on upgrading works

The roll-out of Build-To-Order (BTO) flats and the disbursement of housing grants led the Housing Board to report a deficit ...
Mothership.SG

HDB records S$6.34 billion deficit in FY2024, more spent on estate upgrading works

The Housing and Development Board (HDB) incurred a net deficit of S$6.34 billion in the 2024 financial year, it said in a Nov ...
AsiaOne

HDB's annual deficit hits $6.34b amid construction of about 23,600 flats and upgrading ...

The Housing and Development Board (HDB) recorded a $6.34 billion deficit for the financial year (FY) 2024, with a majority of the loss attributed to the building and sales of Build-To-Order (BTO) ...
Singapore Business Review on MSN

HDB posts $6.3b deficit in FY 2024 with $5.5b from housing

Despite the elevated expenditure, HDB said public housing remained affordable. The Housing & Development Board (HDB) reported ...