
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
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?
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 It states that "But some like 68-year-old Mr Tan, a single who asked that his full name not be published, have found a solution to their...
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