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Furthermore, though this web site was zoned as business, it can little doubt have knock-on effects on land valuations of residential property, together with land transferred to the Housing and Growth Board (HDB) for public housing. Already, it's believed — and the federal government, in its refusal to disclose details, has not said in any other case — that more than half the promoting worth of a ninety nine-yr leasehold of an HDB flat actually consists of notional land value alone.

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