PAP depressed prices of older flats to benefit HDB, lessees sell back remaining lease at lelong price under Lease Buyback Scheme
In 2013, PAP severely limited the use of CPF for flats with leases of less than 60 years. At this stage of the HDB lease cycle, PAP really has no choice but to depress HDB flat prices. This is to enable HDB to pay lelong prices to lessees under the Lease Buyback Scheme. Post 2013, demand for flats with leases of less...
The government stays on the sidelines, while society struggles for common ground on 377A
One side calls the other out for moral corruption and degradation. The other side points the finger at hypocrisy and self-righteousness. When there are two vigorous opposing sides to Section 377A of the Penal Code, things can get pretty polarising. And the “government is in the middle,” according to Law and Home Affairs...
Why is the remuneration of Temasek’s CEO a secret?
I refer to the article “Parliament: Ministerial salary structure totally transparent, no hidden components or perks, says DPM Teo” (Straits Times, Oct 1). It states that “All the bonuses paid to an entry level minister form part of his $1.1 million annual salary norm, and are not in addition to that amount, Deputy Prime...
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