TR EMERITUS

By Ng Kok Lim I refer to your letter "Why we peg to market rates" to Today dated 25 Sept 2009. (read letter here)   You wrote that the HDB incurred an average deficit of $1,045 million a year on home ownership programmes.  However, if we refer to Page120 of HDB's 2008 annual report, $625,102 was spent on "upgrading, improvements... 

By Abdul Gafoor, Social Correspondent Singapore is a strange country where everything suggested, which is contrary what the government, politicians and policy makers claim, has to be “substantiated with evidence” even though the same government, politicians and policy makers are not required to substantiate their claims... 

I refer to the letter "How family's fortunes have grown over the years" by Ms Mabel Tan dated 26 Sept 2009. (read letter here) Ms Tan's bemusement is understandable. She is bemused because she and her family are totally unencumbered by the recent sharp increases in property prices. Like the person watching a fire from the safety...