Healthcare: A comparison between the PAP and SDP systems
The Singapore Democrats launched our healthcare plan for Singapore last Saturday. It calls for an overhaul of the PAP's system which is elitist, expensive and unsustainable. The SDP National Healthcare Plan was designed to rectify these problems, written with one objective in mind: To make healthcare in Singapore universal,...
HDB’s poor enforcement of eligibility criteria on foreigners
I would like to bring to attention how lax HDB’s procedures are in the enforcement of eligibility criteria with respect to foreigners. OWNERSHIP OF PRIVATE PROPERTY Persons who possess private property are not eligible to buy new and resale HDB flats. Private property includes property located overseas. For a foreigner who...
The S$894,000 flat insanity
Yahoo! News reported on 17 March 2012 that a Toa Payoh 3 year old 5-room flat was sold for a whopping S$894,000! A few clicks of the mouse on HDB’s website enabled me to come up with the approximate loan figure the buyer has to service. Price of flat = S$894,000 Max loan = 90% if HDB loan (interest fixed...
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