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TR EMERITUS

Untold Hard Truths From Around The World

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Author Archive

Getting real on housing, part 1: 99 year leasehold condominiums

Truth 1: A 99 year leasehold condominium will be returned to the government at the end of 99 years, like a HDB flat. Truth 2: The value of a 99 year leasehold condominium will be zero at the end of 99 years, like a HDB flat. Truth 3: A 99 year leasehold condominium is subject to lease depreciation, just like a HDB flat. Truth...

Alternative oppo needed, WP only wants to assist PAP

Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →

Democracy in Thailand

The Parliament in Thailand comprise of 250 appointed senators and 500 MPs elected by the people. Some people criticize this system for being "undemocratic". I hold a different view. I am in favor of this type of "not truly democratic" system. I like to give my reasons. Mr. Lee Kuan Yew was worried that UK parliamentary system...

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