VERS is just a gimmick
Follow up my previous post on Singapore's public housing HDB flats - HDB flats are on a 99-year lease and will decline in value to become zero-value at the end of 99 years. Here are more numbers. The question on many people's minds is, how fast the flat value will drop, but we think we don't have an answer, right? Actually,...
Why I view HDB’s policy tweaks with suspicion
Now that HDB flat buyers who are taking HDB loans can keep up to S$20,0000 in their CPF ordinary accounts. I look upon HDB's intention with suspicions. Let me explain. For a start, if HDB flat buyers who are taking HDB loans were to leave S$20,000/ in their OAs, it would mean that they will be taking higher loans and pay much...
Is it right for a Member of Parliament to incite hatred against citizens?
I was watching Channel News Asia last night when the news of what MP Seah Kian Peng wrote on his facebook appeared on the screen. Then out of the blue, my online comment and a screenshot of Singapore Democratic Party election booklet of 2011 appeared. Only the People's Action Party (PAP) enjoys the support of Channel News Asia...
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