The number of divorces in Singapore has been on the rise: a total of 7,344 marriages ended in divorce or annulment in 2018, compared to 1,721 in 19801. In 1980, there were 505 divorces under the Administration of Muslim Law Act (AMLA), or what will be referred to as ‘Muslim divorces’ in this article. The figure increased more than threefold to 1,682 in 2018.
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New CPF Usage & HDB Loan Rules: A Boon or Bane?
The new policy for buying residential properties using Central Provident Fund (CPF) monies and Housing Development Board (HDB) housing loans that were updated on 10 May 2019 now gives home buyers more flexibility and makes old flats more attractive to purchase. Authorities say the change is a reflection of “changing needs” and “higher life expectancy” of Singaporeans. As with the old policy, the aim of this rule is still to encourage buyers to buy homes that will last as long as their lifetime.
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