When a Cabinet Minister has to play with words, you know that ‘HDB flat owners’ are in trouble.
I refer to Finance Minister Heng Swee Keat’s claims that lease decaying does not mean that HDB flats will have zero value even when the owner is 85 years of age. When a Senior Cabinet Minister has to play with words to reassure unthinking Singaporeans, you know that "HDB flat owners" are in trouble. With lease decay speeding...
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...
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