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Moreover, though this website was zoned as business, it is going to little doubt have knock-on results on land valuations of residential property, including 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 particulars, has not said in any other case — that greater than half the selling worth of a 99-year leasehold of an HDB flat actually consists of notional land worth alone.

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