HDB 99 Year Old Lease As Ownership ? Stop Being Foolish
Geylang Lorong 3 Misleading the public carries penalties according to Singapore laws. The original letter The report on the homes in Geylang Lorong 3 reaching the end of their leases highlights the issues surrounding leasehold properties (Govt taking back 191 homes in Geylang when lease ends; June 21). While applying to rent...
Why CPF so many things cannot tell you one?
I refer to Lim Tong Wah’s letter “More clarity needed on CPF Life payouts” (Straits Times Forum, Aug 14). It states that “In January, I had requested a copy of the estimated payout from the Central Provident Fund (CPF) Life scheme from the age of 65 to 70. Last month, I again wrote to the CPF Board for an update of the...
Why are our reserves so secretive?
I refer to the article “Singapore is a model for how to reform some of the world’s most-flawed investment vehicles” (The Economist, Aug 17). It states that “The aim is to ensure that the pool of reserves and their income remain constant as a share of GDP over time, which Singapore has achieved; its capital is about 200%...
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