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HomesingaporeHDB reports record deficit of S$5.38b in FY2022, delivers largest number of...

HDB reports record deficit of S$5.38b in FY2022, delivers largest number of flats in last 5 years

SINGAPORE — The Housing and Development Board’s (HDB) deficit climbed yet again to a record high of S$5.38 billion in the financial year of 2022, as it ramped up public housing supply and delivered the largest number of flats in the last five years.

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