Heng Swee Keat’s story about old HDB flats shows he is grasping at straws
The government narrative for decades was that HDB flats would continue to grow in value, giving Singaporeans peace of mind as a golden retirement nest egg. Without warning nor apology, the narrative has switched to old HDB flats not growing in value but STILL having value. Finance Minister Heng Swee Keat has given the analogy...
On worthless HDB flats, $10 is also value
Sure, public HDB flats will still have value. Question is, what value? S$10 is value. S$100 is also value. Did they give any statistics on what the value will be? Don't just SAY there will be value. Show us the statistics. Chart out the trend. By now, some older flats would have reached 70 years of their 99-year lease. Are you...
Is MINDEF’s budget properly disclosed?
Not sure if this (edited table below) is proper disclosure by MINDEF. Breakdown on amount spent on NSFs, NSmen, etc are also not published. In fact, political salaries do not tally with the number of political appointment holders for most ministries. (link, see ‘Expenditure estimates by head of expenditure’) The...
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