
Asset Enhancement Bubble Burst
PAP government no longer dares to mention these key slogan which they used so intensively from the 1990s through 2011. In fact, The bubble has burst right in their face. I sold my HDB flat back in 2010 at a price which in fact hardly "break even" after considering the amount of interests I paid for my mortgage and the interests...

Decision has to be taken by PM
A Vietnamese girl studied and graduated from National University of Singapore and worked as a nurse for several years in a public hospital. She married a Singaporean but was not able to get permanent residency or long term visit pass for a few years. She had to return to Vietnam and come back to Singapore every three months. They...

Heng Swee Keat’s story about old HDB flats shows he is grasping at straws
The government narrative for decades was that HDB flats would continue to grow in value, giving Singaporeans peace of mind as a golden retirement nest egg. Without warning nor apology, the narrative has switched to old HDB flats not growing in value but STILL having value. Finance Minister Heng Swee Keat has given the analogy...
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