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Archive for the ‘Society’ Category
Countering MAS’ rebuttals against Forbes article

Countering MAS’ rebuttals against Forbes article

MAS Recently, the MAS has made some attempts to rebut Jesse Colombo’s article published on Forbes ('SG’s economy is heading for an Iceland-style meltdown') that Singapore is headed for a housing bubble. I find MAS’ rebuttal points flawed as I will discuss below. Strong household balance sheet with weak cash flows? The... 

HDB flat in Bishan sold for record $1.05 million

HDB flat in Bishan sold for record $1.05 million

A HDB executive maisonette in Bishan Street 13 was sold for a record S$1.05 million in December with cash-over-valuation of S$250,000, according to market data. Located on the 20th floor of Block 190, the 150 sq m (approx. 1,615 sq ft) flat was listed on real estate portal PropertyGuru for about one month and attracted keen... 

Alternative daily news (27) HDB gains $2.5m from 1 lease buyback flat?

Alternative daily news (27) HDB gains $2.5m from 1 lease buyback flat?

More seniors used HDB's Lease Buyback Scheme last year after the rules were relaxed. I refer to the article "More take up Housing Board's Lease Buyback Scheme" (Straits Times, Jan 13). It states that "But some like 68-year-old Mr Tan, a single who asked that his full name not be published, have found a solution to their... 



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