Electricity price Fixing by the Generation Companies?
The Electricity and water prices are major concerns for Singaporeans. Did anyone notice it kept going up? We need to understand how electricity is priced to know why it goes up. The Government has liberalized the Singapore Electricity Market with intention of letting market forces to determine the proper pricing for electricity....
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...
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