Singapore's latest purchase policy

Singapore's latest housing policy includes restricting non-residents from buying residential properties and launching a new government assistance scheme, which can be used to buy EC properties. In addition, the government has also launched a plan to "make it easier for people to own their own houses" to provide financial support for property buyers.

Singapore's latest housing purchase policy involves several aspects. First, the government restricts non-residents from buying residential properties to curb the impact of foreign investment on Singapore's real estate market. Secondly, the government has launched a new aid program to enable new families to get extra help to buy the property of the Executive Apartment (EC). Thirdly, the government has launched a plan called "Making it easier for people to own their own houses", aiming at providing financial support and consultation for property buyers. The Singapore government also introduced this policy to cope with the increasingly tense housing market, especially during the coronavirus pneumonia-19 epidemic. With the changes of society and trends, the government is seeking a more equal and just way to help Singaporeans realize their family dreams.

Apart from the housing purchase policy, what other policies does Singapore have in the housing sector? The Singapore government has launched a number of housing policies, one of which is to build more public housing. The government helps low-income families buy houses by providing loans and housing subsidies. The government also provides various housing options for the elderly, including lease, purchase and mortgage loans, so that they can support their old age. In addition, the government also encourages green housing and provides residents with low-cost energy-saving equipment and consulting services to reduce housing energy costs.

In a word, the Singapore government launched these new housing policies, aiming at helping Singaporeans realize their housing dreams and meeting the challenges of the housing market during the coronavirus pneumonia-19 epidemic. The government is seeking equal ways to realize the housing market and providing necessary support and assistance.

Legal basis:

"Regulations on Household Registration in People's Republic of China (PRC)" Article 10 If a citizen moves out of the jurisdiction where the household registration is located, he or she shall declare the registration of moving out to the household registration authority before moving out, obtain a migration certificate and cancel the household registration. Citizens who move from rural areas to cities must apply to the permanent residence registration authority for moving out with the employment certificate of the urban labor department, the school admission certificate, or the approval certificate of the urban household registration authority. Citizens moving to border areas must be approved by the public security organs of the counties, cities and municipal districts where they live.