Kevin Kwan – NS defaultor but making it good abroad
Kevin Kwan Yet another heavyweight Singaporean making it good abroad after defaulting his national service liability in 1994 – Kevin Kwan of Crazy Rich Asians fame – straight after the footballer Ben Davis saga. My belief is that there are more than a few hundred Singaporeans or PR who have defaulted on their NS liability...
Disappointing that the PAP could continue to be so arrogant despite all their screw-ups
The arrogance of the PAP government under Lee Hsien Loong's premiership has disappointed me a great deal. I will list 3 recent examples. Ang Mo Kio GRC is the Prime Minister's constituency with 6 MPs in it. The former General Manager of AMK Town Council, Victor Wong, has been charged for corruption. In other words, AMK constituents'...
How fast will the value of Singapore’s public housing HDB flats drop?
According to the government, under the Lease Buyback Scheme (LBS), if your flat has a value of S$450,000 today, and has 65 years left on your lease, the government would buy back the tail-end last 35 years of your lease based on market value. The government values it at only S$190,000. In other words, by the time your flat...
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