Comments on: China Experimenting with Singaporean-style HDB Housing Schemes http://www.china-briefing.com/news/2008/08/28/china-experimenting-with-singaporean-style-hdb-housing-schemes.html Fri, 09 Jan 2009 13:32:01 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Editor http://www.china-briefing.com/news/2008/08/28/china-experimenting-with-singaporean-style-hdb-housing-schemes.html/comment-page-1#comment-21347 Editor Fri, 29 Aug 2008 03:34:51 +0000 http://www.china-briefing.com/news/2008/08/28/china-experimenting-with-singaporean-style-hdb-housing-schemes.html#comment-21347 Correction: In the original story, we said that the HDB scheme requires all Singaporean nationals to contribute to a centrally managed government property fund as a percentage of salary. This is incorrect, Singaporeans (and other nationals working in Singapore) contribute a percentage of the salary to their individual Central Provident Fund, from which money can be drawn to purchase a house, be it a private dwelling or an HDB one. Correction:
In the original story, we said that the HDB scheme requires all Singaporean nationals to contribute to a centrally managed government property fund as a percentage of salary. This is incorrect, Singaporeans (and other nationals working in Singapore) contribute a percentage of the salary to their individual Central Provident Fund, from which money can be drawn to purchase a house, be it a private dwelling or an HDB one.

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