CCTV is Jack’s best friend
Jack Bauer Jack Bauer could well be headed to Singapore. Yes, I’m referring to the no-nonsense death-defying counter-terrorist government-agent-turned-rogue-protector of the USA from the acclaimed TV series 24. As fans are aware, the series ended its eight-season run in 2010. It was getting a bit tired towards the last...
I agree with Alvin Tan’s views on NOM & public housing
Alvin has eloquently put the public housing issue in perspective. He crystallizes the ridiculousness of Singaporeans having to slave for 25-30 years to “own”/live in a price-inflated pigeon-hole, officially labelled as “affordable” and “subsidized”. In the process, they become supposedly “asset rich” but actually...
The flexible pricing formula for HDB flats
The clearest picture of what formula was used in HDB pricing was revealed by LKY last Sunday. It was at cost or cost minus. Though it was a general statement, let’s presume that it was construction cost plus a little land cost as the land originally acquired was at minimal cost under the Land Acquisition Act. So the original...
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