
Shunfu HUDC fetches record S$1.28m
Less than a week after an executive flat in Queenstown was sold for S$1 million, it has been reported by The Straits Times that a HUDC flat at Shunfu Road in Bishan was sold in July at an eye-popping price of S$1.28 million, or around S$762 per sq ft. This sets a new record for a HUDC flat, beating last year's sale of a 1,668...

The IMF Re-Re-Statement of Singaporean Public Finances
Earlier this summer, I wrote about the International Monetary Fund restating the historical Singaporean public surplus by an astounding $158 billion SGD. The IMF increased the size of the Singaporean government surplus from $271 billion SGD to $429 billion SGD between 1990 and 2010. Most interestingly, the increase in the...

Endangering the Lives of our Children for the President
(ST Photo) Last Sunday, President Tony Tan officiated the lighting up of Chinatown for the Mid-autumn festival with a record number of lanterns. At the light-up ceremony, 300 local and overseas performers came together to try to impress the President and his people. Amongst the performers were young primary school children...
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