Minister: You own HDB (22.8.18); You lease HDB (24.3.17)?
The Minister who started the “HDB become worthless” panic in March last year by saying its a lease – now says its ownership? I refer to the article “A 99-year leasehold flat is an owned asset, not a rental: Lawrence Wong” (Straits Times, Aug 22). It states that “A Housing Board flat sold on a 99-year lease is an...
NDR 2018 did not address key concerns!
Yahoo poll that two major concerns were ministers' pay and cost of living. No mention of ministers' pay in the speech. As for cost of living, he is basically telling citizens that he will keep increasing the cost of living and leaving to citizens to manage own expectations and make changes. If you notice, he avoided mentioning...
What you get as a citizen in Singapore?
1) Over priced 99 year old lease 2) CPF tax of 20% 3) Inflation meant to drive up currency calue so that Fts can make good $$$ 4) Ever increasing retirement age 5) Lack of freedom , choices and dictatorship rule and social mobility Please feel free to add to the list. 70% Fools Read More →
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