Singapore hit by “costly to prevent” floods (again x 4)
“Freak floods that happens only once in 50 years” according to Minister for Environment Mr Yaacob Ibrahim, have hit Singapore again on early Saturday morning for the 4th time in 2 months this year, not 'once in 50 years as suggested'. Affected areas include Braddell Road, Changi Road, Joo Chiat, Telok Kurau, Geylang and...
Massive outcry from netizens over PM Lee’s promise to bring in 100,000 more foreign workers
A massive outcry has erupted in Singapore's blogosphere with many netizens lampooning PAP Prime Minister Lee Hsien Loong for his "promise" to bring in 100,000 more foreign workers into Singapore. Speaking in the United States a few days ago, PM Lee claimed that the rise in the number of foreign workers was “inevitable” due...
COVs shooting through the roof popped up by PRs and new citizens
The cash-over-valuation (COV) of resale HDB flats has shot through the roof with some estates like Bishan and Toa Payoh fetching median COVs of above $40,000. According to a Straits Times report today, the median COV is now way above the record $25,000 in the first quarter with many flat owners asking for COVs of between $30,000...
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