Tan Meng Dui

Recent coverage has focused on the Housing and Development Board's financial performance, with reports highlighting that the organization's deficit eased to approximately S$6.34 billion in the latest fiscal year, representing a modest improvement from the previous year's S$6.775 billion deficit. The coverage indicates that the deficit narrowly remains substantial despite efforts, with costs driven by Build-to-Order development initiatives and housing subsidies, while the board continues to allocate significant resources toward upgrading works and construction projects.

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