Sengkang saga – HDB rejects requests for refund
In a statement yesterday (23 Feb), HDB said it has rejected the requests of unhappy Sengkang flat buyers for refunds made last month, when they discovered that a temple with a columbarium would be built near their BTO flats. A total of 95 requests have been received to cancel their bookings as of 9 Feb. This is out of the 4,000...
Budget 2015
DPM Tharman DPM and Finance Minister Tharman gave his Budget 2015 speech in Parliament today (23 Feb). Here are some of the highlights: FY2014 fiscal position The government had budgeted for an overall deficit of $1.2 billion (or 0.3% of GDP) for FY2014, ending 31 Mar 2015. Mr Tharman said that they now expect a very small deficit...
Religious groups unhappy over loss of Sengkang bid
Dr Lam Pin Min, MP Sengkang West In the recent Sengkang columbarium saga, it was revealed that Eternal Pure Land Pte Ltd (EPL), a subsidiary of an Australian "for-profit" public listed company, had won the HDB land tender last year. With its financial muscles supported by the parent public company, EPL managed to outbid the...
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