Housing affordability: Malaysia vs Singapore?
My HDB insider ES sent me the following very interesting article on housing affordability in Malaysia:- Housing affordability in Malaysia? Malaysia’s New Sunday Times – When housing becomes unaffordable, page 8: http://www.thestar.com.my/business/business-news/2015/08/25/houses-in-kl-too-expensive/ Public housing affordability...
Without any lunch money, where will be the PAP?
For the past decade, Singapore’s GDP growth were simply through increasing numbers without caring about the quality of growth. Just look at the number of people with sub-standard or ‘unaccredited’ degrees who have found work in Singapore. This PAP-focus on quantity over quality results in wage competition, massive congestion,...
Cost per SMRT train fell by S$5.3 million after 6 years?
I refer to CNA report on defective SMRT trains dated 5 July. CNA: “In 2009, LTA awarded a S$368 million contract to Kawasaki Heavy Industries and CSR Sifang for 22 trains.“ Cost per train in 2009 was S$16.72 million. CNA: “Last year, LTA signed a S$137 million deal for 12 more new trains from the consortium, to run on...
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