Archive for the ‘Letters’ Category
With the price difference between older and younger HDB flats decreasing rapidly by as much as 40% now – can these owners wait 20 years for VERS?

With the price difference between older and younger HDB flats decreasing rapidly by as much as 40% now – can these owners wait 20 years for VERS?

I refer to the article “Commentary: Mind the varied impact of HDB schemes on different groups of home owners” (Channel NewsAsia, Sep 22). It states that “The impact of expiring leases can be expected to hit first- and second-generation satellite towns first and foremost, including Bukit Merah, Queenstown, Geylang and Toa... 

MediShield fund $5.9b, claims to premiums ratio 43%?

MediShield fund $5.9b, claims to premiums ratio 43%?

According to the Ministry of Health‘s (MOH) web site – “As at end 2016, the total assets of the Fund stood at $ 5.9 billion. Over the past 5 years, on average, about two-thirds of the Fund comprised reserves to fund the expected scheme liabilities.” Does this mean that the claims paid as a proportion of the assets of... 

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