VERS and HIP II is an illusionary election carrot merely to benefit the PAP, GIC and Temasek Holdings
Let's put it in numbers. Assuming you "buy" a HDB flat for S$300,000, after 50 years you "sell" it for S$600,000. Theoretically, flat prices start to fall at the 50 or 60-year mark. So the person who "buys" the flat for S$600,000 will see declining value to the flat.So, at the 50-year mark, the flat would be S$600,000. Then: 60-year:...
Why destroy our own Adam Adils?
The PAP is guilty of the crime of destroying the future of youths who are critical of the regime. It stretches from as early as the late 1950s, to the most recent time. Here I am at the Penang Institute visiting Adam Adil, who shot to fame in 2011 for removing a flag. He was suspended from his University for three semesters,...
When Minister resorts to lying, PAP’s end may be near
Fact: Minister Lawrence Wong has continued to lie about HDB flat ownership. (ST) Minister Wong: “When you buy a car, how long can you use a car for? Is it a rental car, or your car? A 99-year lease is far longer than 10 years. It is yours. It is an asset. It is owned by the homeowner.” Wong should have known that car...
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