National Development Minister

Minister Lawrence Wong Promotes Lease Buyback Scheme, Singaporeans Unhappy

Minister Lawrence Wong Promotes Lease Buyback Scheme, Singaporeans Unhappy

The promoting of the Lease Buyback Scheme (LBS) by National Development Board on social media has drawn intense backlash from Singaporeans from all walks of life. Minister Lawrence Wong also earlier said that all HDB flats would be returned to the government once their 99 year lease has run out, with no compensation paid to "home-owners".

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