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HDB mercilessly increases rental of young single mum from $61 to $230 during renewal

HDB mercilessly increases rental of young single mum from $61 to $230 during renewal

A young single mum with a primary school-going daughter related to us how HDB mercilessly increases their rent from $61 to $230 during renewal when her new job carries a salary which increases from $1200 to $1500 before CPF deduction. All the joy of having a $300 pay jump from a new job became a curse when HDB upon renewal... 

Minister Lawrence Wong’s latest hogwash: HDB flat a depreciating asset = a ‘good store of asset value’

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

‘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... 



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