Minister Lawrence Wong’s latest hogwash: HDB flat a depreciating asset = a ‘good store of asset value’
MND Minister Lawrence Wong has offered even more hogwash in an attempt to explain Lau Goh’s asset enhancement (AE) scam, . Wong recently caused panic among hundreds of thousands of HDB lessees when he stated the obvious: HDB flats are depreciating assets worth $kosong at the end of their 99-year lease. Image from TOC article...
‘Asset Enhancement’ policy fooled majority of Singaporeans, most still in denial about non-ownership status
PAP has been abusing public housing to suit its political aganda. Its “asset enhancement” (AE) propaganda has worked so far because it has used a very powerful basic emotion “greed” to appeal to the people. SERS was roped in to give the impression that HDB flat prices will never fall, a part of PAP’s plan. Not forgetting...
$0.5m donation to AFF thru FAS, not to local football?
I refer to the articles “Football: Dispute between Bill Ng and Winston Lee over $850,000 donation to FAS” (Straits Times, Apr 14) and “Football: FAS refutes Bill Ng’s claims, no misuse of donations” (Straits Times, Apr 15). The former states that “In a fiery press conference to unveil his team’s manifesto, Bill...
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