Misleading CPF Financial Guide
By now a lot of people may have seen this "Financial Guide" to one of the flat owners in AMK SERS project. It is misleading to think that the "Extra" money this owner has to fork out is just "Cash" amount $187766 only as compared to his current outstanding loan amount of $258K. The truth is, the Total Amount this owner "loses"...
Shame on PAP’s CECA and misguided FT policy
Click to enlarge Do you think it's unreasonable, to the estimated 65,000 Singaporeans who are currently unemployed, and the hundreds of thousands more who are under-employed? Why is it that Singaporeans have difficulty securing high paying jobs, especially in MNCs, when foreigners come in so easily? In the 90s, most of the top...
SERS (Ang Mo Kio): Top-up $187k for 4-rm replacement flat?
After writing " SERS: No longer a "sure thing", just like HDB "asset enhancement"?" (Jun 12) - one of the affected residents contacted me. Please see the HDB document below (picture), which shows a shortfall of $187,766, given by the HDB to a resident. I understand that the estimated valuation that the residents can expect...
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