Singapore Deputy PM Allays Property Price Fears in May Day Rally
- Singapore will always have affordable public housing: Wong
- Property prices have grown in tandem with incomes since 1980s
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Singapore’s prime minister-in-waiting Lawrence Wong used a May Day rally to address concerns over a red-hot property market fueling economic inequality, saying citizens will always have affordable homes.
“Affordable and accessible public housing, like access to first-rate education and healthcare will always be a key part of our social compact in Singapore,” Wong said on Monday, calling the government-built flats the world’s best.