include("cmp.php");
Featured Articles

GE2025: Stunning victory for PAPGE2025: Stunning victory for PAP I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher national vote share in PM Wong's first electoral test” (May 4). GE2025 has clearly delivered the following key messages/notes from the vast majority of voters: The Workers’ Party (WP) has done a fantastic good...

This is not a game of cardsThis is not a game of cards I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors games on nominations day, the shuffling of the DPM from a seat he had openly been declared to be defending, and other ministers shuffling constituencies leaves one feeling the PAP thinks it is playing a game of cards. Constituency...

Is a Parliament full of PAP MPs really better for Singaporeans?Is a Parliament full of PAP MPs really better for Singaporeans? I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs really better for Singaporeans?” - (April 14), and “The Straits Times’ report, “GE2025: Singaporeans will go to the polls on May 3, Nomination Day on April 23” (April 15), and The Online Citizen GE2025 report,...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐧𝐞𝐞𝐝 𝐟𝐨𝐫 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝... Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification for the highest salaries in the world. Let’s look at its more recent track record. Large numbers of NRIC numbers were recently unmasked, leaving Singaporeans exposed to identity theft, fraud, abuse and scams....

GE2025: Red Dot United to contest in Holland-Bukit TimahGE2025: Red Dot United to contest in Holland-Bukit Timah I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make way for Singapore Democratic Party” (April 10), “More opposition 'star catches' are emerging. Is Singapore's political scene maturing?” (April 10) and “PSP says government response to Trump tariffs 'overblown',...

GE2025: Why Singapore's high-flying bureaucrats are recruited into politicsGE2025: Why Singapore's high-flying bureaucrats are recruited... I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics” (Mar 28). It is not surprised to notice that in recent weeks, two NMPs and top ministry officials have resigned, fuelling speculation they could be fielded as potential candidates for the ruling People's Action...

More than 2.75 million Singaporeans eligible to vote in GE2025More than 2.75 million Singaporeans eligible to vote in GE2025 I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar 25). As Singapore’s General Election is due to be held within this year, the following factors will more or less influence the election situation this year: A)The general mentality of voters Voters are generally...

How the end of Ukraine war could be secured, even with waning US supportHow the end of Ukraine war could be secured, even with waning... I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning US support” (Mar 4), “Lessons from the Trump-Zelenskyy meltdown- for friends and foes” (Mar 1) and “Will Trump tariffs push China to change economic tack?” (Mar 3). Foremost, we need to recognise the reality...

Singapore Army Recruits Deserve a Minimum WageSingapore Army Recruits Deserve a Minimum Wage Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity Costs Singapore’s National Service (NS) has long been a cornerstone of the nation’s defense, requiring young men to dedicate two years of their lives to military, civil defense, or police service. While...

Trump-Putin deal on Ukraine will be Europe’s moment of reckoningTrump-Putin deal on Ukraine will be Europe’s moment of... I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning” (Feb 20) and “Ukraine can survive with the ‘least worst’ peace” (Feb 22). Now, In the eyes of European Union, they have lost trust and confidence in the United States, it is solely due to the flip flop...

From Deepseek to Huawei, US tech restrictions on China are backfiringFrom Deepseek to Huawei, US tech restrictions on China are... I refer to the CNA’s Commentary, “From Deepseek to Huawei, US tech restrictions on China are backfiring” (Jan 31). Would it be practical, useful and effective for the United States to continually pursue an aggressive containment strategy to hobble China’s tech push? Undoubtedly, the answer is obviously not. There...

Don't get distracted by Trump's outlandish Cabinet picksDon't get distracted by Trump's outlandish Cabinet picks I refer to the CNA’s Commentary: “Don't get distracted by Trump's outlandish Cabinet picks” (Nov 25), and “'No one will win a trade war’, China says after Trump tariff threat” (Nov 26). As everyone knows, U.S. President-elect Donald Trump will return to power on January 20, 2025. Trump has dismissed...

Putin escalates Ukraine warPutin escalates Ukraine war I refer to The CNA’s Commentary: “Putin escalates Ukraine war by a step, not a leap, with missile experiment” (Nov 23). Foremost, Zelenskyi’s intention to join Nato has greatly threatened the security and survival of Russia. Hence, Zelenskyy has offended Putin and Putin has no choice but to launch a war with...

Will PM Wong address the astronomical ministerial salaries?Will PM Wong address the astronomical ministerial salaries? I refer to The TR-Emeritus opinion article, “Will PM Wong address the astronomical ministerial salaries” (June 14) by Mr Yoong Siew Wah. It has always been a controversial topic which concerns about our top political leaders who receive their salaries that are many times higher than those foreign political leaders. Our...

Supporting Chee Soon Juan's caféSupporting Chee Soon Juan's café I refer to The Independent Singapore’s news, “Singaporeans urged to support Chee Soon Juan's café despite their political preferences” (July 16). The underlying objective of doing any business is to ensure it is viable and profitable. Otherwise, there is no point of undertaking risk for it. It is natural for...

Due to the nature of the news and contents appearing on TR Emeritus, we are rating the website for 'above 18' only.
Editorials
Strong hailstorm strikes China's Xi'an causing airport...

Strong hailstorm strikes China's Xi'an causing airport...

On the evening of May 8, Xi’an, the capital city of China’s Shaanxi Province, was struck by a powerful...
Four parties lost their election deposits in GE2025

Four parties lost their election deposits in GE2025

A total of four opposition parties, the Singapore United Party (SUP), People's Power Party (PPP), People’s...
Level 16 super typhoon devastates multiple cities in...

Level 16 super typhoon devastates multiple cities in...

Northern China was hit by an extreme weather event on Thursday as a massive cold front swept south, colliding...
Level 15 winds destroy buildings rooftops and cause...

Level 15 winds destroy buildings rooftops and cause...

On April 30, northern China was struck by an extreme weather event as a massive cold vortex surged southward,...
TR Emeritus to 'shut-up' on 2nd May 2025

TR Emeritus to 'shut-up' on 2nd May 2025

Please be informed that TR Emeritus (TRE) will shut down its comment function site-wide at 0000 hours...
Chaos in China as extreme storm destroys homes and...

Chaos in China as extreme storm destroys homes and...

Beijing’s 22 million residents were asked to stay indoors on Saturday, as powerful winds swept across...
China, Thailand, and Myanmar in ruins after devastating...

China, Thailand, and Myanmar in ruins after devastating...

On March 28, 2025, a devastating 7.7-magnitude earthquake struck central Myanmar near Mandalay, causing...
Myanmar 7.7 earthquake collapses buildings in Thailand,...

Myanmar 7.7 earthquake collapses buildings in Thailand,...

A powerful 7.7 magnitude earthquake struck central Myanmar on March 28, 2025, causing widespread panic...
Beijing shocked by earthquake and mega sandstorm

Beijing shocked by earthquake and mega sandstorm

Since March 24, 2025, northern China has been battling extreme weather as a massive sandstorm swept through...
Mega hail causes mass destruction in Fujian and Guangdong

Mega hail causes mass destruction in Fujian and Guangdong

An unexpected and severe hailstorm struck multiple cities in Guangdong and Fujian between March 3 and...
Extreme weather struck multiple regions in China

Extreme weather struck multiple regions in China

On March 2, 2025, extreme weather struck multiple regions in China, with parts of Henan province experiencing...
Happy Chinese New Year 2025

Happy Chinese New Year 2025

Wishing all our Chinese readers:     Team@TR Emeritus  
Huge snow caused numerous disruptions on China's major...

Huge snow caused numerous disruptions on China's major...

As the Chinese New Year approaches, millions of people across the country are making their annual journey...
The rapidly spreading HMPV virus you haven’t heard...

The rapidly spreading HMPV virus you haven’t heard...

Human Metapneumovirus (HMPV) is making headlines as cases surge, especially among children and vulnerable...
4.1 magnitude earthquake shakes Shanxi's Linfeng city

4.1 magnitude earthquake shakes Shanxi's Linfeng city

On the evening of January 10, 2025, Linfen City in Shanxi Province was struck by an earthquake. The tremor,...
7.8 magnitude earthquake devastates Tibet

7.8 magnitude earthquake devastates Tibet

A magnitude 7.1 earthquake has hit Tibet, in the region of Shigatse, which is near the border with Nepal. According...
Outbreak of mystery virus in China

Outbreak of mystery virus in China

China is r eportedly facing a new health crisis as the human metapneumovirus (HMPV) outbreak rapidly...
Unknown Virus Rampages in China; Hospitals Utterly...

Unknown Virus Rampages in China; Hospitals Utterly...

A blogger in China has shared a video, claiming that this isn’t China’s Spring Festival travel rush;...
Opinions
Cutting down reliance on US military equipment

Cutting down reliance on US military equipment

There is a rampant rumor going around that claims Egypt has ordered 48 J10C with a price tag of USD$25B...
2025大选—明确授权,变化中的政治格局

2025大选—明确授权,变化中的政治格局

2025年大选结果无可争议,政府再次赢得了强有力的授权,稳固了其在新加坡政治格局中的主导地位。尽管选举结果并不令人意外,但胜利的过程却并非没有争议和复杂性。 值得注意的是,选区划分的变化在本次选战中发挥了重要作用。陈清木医生与徐顺全医生等资深反对派人物,因选区重划而受到显著影响——传统支持基础被分割或并入他区,无疑左右了某些关键选区的最终结果。虽然选区调整在新加坡选举历史上并不罕见,但其公平性与透明度仍持续引发讨论。 工人党虽稳守东北区的传统堡垒,但未能在本届大选中攻下新的选区。不过,该党仍获得两个非选区议员(Ncmp)席位,虽属安慰性质,却在象征意义上维持了国会内多元声音的存在。 更值得关注的是,本届大选所处的人口背景正经历剧烈变化。新加坡人口从2000年的约300万增长至2025年的超过500万。考虑到多年来出生率持续偏低,这一增长几乎可以肯定主要归因于移民流入,尤其可能在华人群体中增长显著。这一趋势对国家的社会结构和政治生态产生了深远影响。 展望2030年大选,各政党不仅要面对一如既往的选区调整与突发的全球事件,更需正视一个不断演变的社会结构。随着越来越多新移民成为国民,选民构成日益多元,政党在政策制定与信息传递上必须更具包容性与前瞻性。他们必须同时争取老一代公民与新加坡新公民的认同,回应共同关切,并跨越代际与文化差异的鸿沟。 在新加坡持续向前迈进的过程中,其政治也必须与时俱进——反映日益多元的人口现实,同时坚守国家的核心价值观:团结、韧性与务实。 Cwc-Ai
A jaw-dropping election

A jaw-dropping election

This is a jaw-dropping election. For the opposition. SDP’s Dr Chee and PSP’s Leong were deeply disappointed....
The Nation has rejected multi-party Parliamentary representation

The Nation has rejected multi-party Parliamentary representation

Our party suffered great losses and I personally have suffered the greatest hit. But these personal losses...
A False Analogy That Insults the Intelligence of Singaporeans

A False Analogy That Insults the Intelligence of Singaporeans

Minister Ong Ye Kung’s recent assertion that a “co-driver” bears no responsibility if a car crashes...
There is a cost to losing

There is a cost to losing

There is a cost to losing. At least in PAP’s books. And one of the costs is a policy of priority. That...
Hougang Belongs to the People

Hougang Belongs to the People

Thank You for the Reminder, Mr Marshall Lim. It is with no small measure of amusement that one reads...
Its all about trust

Its all about trust

Dr Ng Eng Hen from PAP has pointed out the most important key point about this General Elections, it...
Misunderstanding What Singaporeans Truly Expect from...

Misunderstanding What Singaporeans Truly Expect from...

The government's repeated assertion that it is "easy for the opposition to ask the government to give...
Punggol GRC

Punggol GRC

Punggol GRC is without question one of the most hotly watched, followed and contested constituency in...
Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Singaporeans should pause and reflect on the recent remark by PAP candidate David Neo, who said that...
Why Singaporeans Must Reconsider the Dismissal of SDP’s...

Why Singaporeans Must Reconsider the Dismissal of SDP’s...

The Singapore government’s blunt assertion that the Singapore Democratic Party (SDP)’s proposals...
Expect the exchange of barbs in politics

Expect the exchange of barbs in politics

In a political contest, expect the exchange of barbs. And we do not lack any of it in the rallies held...
Don't Be Swayed by the Noise—Think Critically Before...

Don't Be Swayed by the Noise—Think Critically Before...

In recent weeks, the political buzz in Singapore has reached a new high. Massive crowds at opposition...
We vote whoever is deserving of our vote

We vote whoever is deserving of our vote

I am surprised that Lee Hsien Loong chose to remind us of the 1997 shameful episode when he, his father...
The Case for a Diverse and Balanced Parliament

The Case for a Diverse and Balanced Parliament

The Singapore government has recently stated that "Good government needs good people" and cautioned against...
None of the PAP labour MPs rose to speak when Parliament...

None of the PAP labour MPs rose to speak when Parliament...

I was truly flabbergasted when I learned from one of Pritam Singh's (PS) recent rally video clips that...
A Regrettable Incident and a Timely Call for Reform

A Regrettable Incident and a Timely Call for Reform

The recent racial slur made by a Singapore Democratic Party (SDP) member during the General Election...
Letters
GE2025: Stunning victory for PAP

GE2025: Stunning victory for PAP

I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher...
Is a Parliament full of PAP MPs really better for Singaporeans?

Is a Parliament full of PAP MPs really better for Singaporeans?

I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs...
GE2025: Red Dot United to contest in Holland-Bukit...

GE2025: Red Dot United to contest in Holland-Bukit...

I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make...
GE2025: Why Singapore's high-flying bureaucrats are...

GE2025: Why Singapore's high-flying bureaucrats are...

I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics”...
More than 2.75 million Singaporeans eligible to vote...

More than 2.75 million Singaporeans eligible to vote...

I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar...
How the end of Ukraine war could be secured, even with...

How the end of Ukraine war could be secured, even with...

I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning...
Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity...
Trump-Putin deal on Ukraine will be Europe’s moment...

Trump-Putin deal on Ukraine will be Europe’s moment...

I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning”...
Snippets
Singapore’s Sports Industry: A Rising Powerhouse...

Singapore’s Sports Industry: A Rising Powerhouse...

Singapore’s sports industry is on the cusp of greatness, leveraging cutting-edge infrastructure and...
What are the most popular hobbies in Singapore in 2025?

What are the most popular hobbies in Singapore in 2025?

As work-life balance remains a constant talking point in the fast-paced city-state of Singapore, residents...
10 Most Popular Mobile Games in Singapore

10 Most Popular Mobile Games in Singapore

Singaporeans can't get enough of their phones these days, spending tons of time battling opponents, building...
Langkawi to Koh Lipe Ferry: Complete Travel Guide

Langkawi to Koh Lipe Ferry: Complete Travel Guide

Planning a tropical escape from Malaysia to Thailand? The journey from Langkawi to Koh Lipe offers a...
This is not a game of cards

This is not a game of cards

I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors...
𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification...
The sleep science revolution in elite sports

The sleep science revolution in elite sports

Professional sports have entered a new era where recovery science directly impacts performance outcomes....
Sports Betting in Online Casinos as a Way to Improve...

Sports Betting in Online Casinos as a Way to Improve...

In today's world, online sports betting has become not only a popular form of entertainment but also...
Sticky & Recent Articles

At DAP meet, Guan Eng to sketch out Pakatan’s Putrajaya goal

At DAP meet, Guan Eng to sketch out Pakatan’s Putrajaya goal

By Leslie Lau from The Malaysian Insider DAP secretary-general Lim Guan Eng is likely to use his party’s national convention this Sunday to issue a stern warning to Pakatan Rakyat (PR) that it must quickly bring concrete and tangible changes to the states it governs, in order to convince voters that the DAP, PKR and PAS can be trusted to take over the federal government from Barisan Nasional (BN). The Malaysian Insider understand from DAP sources that the party boss will use the convention as a platform to set clear goals not just for his party but for its partners in the coalition as well, ahead of general elections which many political pundits expect to be called by next year. Lim’s address to the party faithful will be the first significant acknowledgement that the PR coalition needs to do more to convince ordinary Malaysians it is capable of taking power. “We cannot just continue to use the excuse that we are new at ruling the states we control. “We have to bring about substantive reforms,” a party source told The Malaysian Insider. The DAP, PKR and PAS combined to deny BN its traditional two-thirds parliamentary majority in Election 2008, before coming together to form the PR alliance. The tripartite alliance initially controlled five states, before losing Perak to BN in a power grab last year. While BN and Umno are still grappling with the fallout from its disappointing showing at the ballot box in 2008, PR parties have also been hit by their own squabbling. BN, under Datuk Seri Najib Razak, has also seized some momentum away from PR. PR officials have privately acknowledged as well that the federal opposition coalition must regain the initiative. At this weekend’s convention, Lim will put forward his argument that how PR runs the states it still controls will be crucial to whether it can win federal power. The Malaysian Insider understands that Selangor and Penang are key states in PR’s strategy of showcasing its abilities to the public. As a measure of the urgency faced by PR, Lim, who is Penang Chief Minister, has been busy travelling abroad in an effort to secure foreign investments for his state. Selangor, which is led by PKR, has seen the recent appointment of Datuk Seri Anwar Ibrahim as state economic advisor. Anwar’s appointment is seen as an effort to boost the state’s economic performance ahead of national polls. Prime minister Najib is also staking BN’s hold on power on the economy. It is understood that Najib is hoping to grow the national economy by at least six per cent and bring back a feel-good factor before he considers calling snap polls. Another important message Lim will deliver to his members this weekend is that PR can no longer hope to be just “not as bad” as BN. He will tell his party that they must be an attractive choice for voters, in what is an acknowledgement that PR must stop behaving like a perpetual opposition and instead, showcase its abilities at being a ruling party through the states it now governs. - The Malaysian Insider  Read More →

Singapore Courts put up job ad in JB on 18 Jan 2010 seeking Malaysiansto fill vacancies based in Singapore

Singapore Courts put up job ad in JB on 18 Jan 2010 seeking Malaysiansto fill vacancies based in Singapore

Written by Our Correspondent Furniture retail mart Courts had launched a recruitment exercise in Johor Bahru on 18 January 2010 for Malaysians to fill various positions in Singapore according to a tip-off we receive from a reader. In his latest speech on 31st December 2009, Prime Minister Lee Hsien Loong promise Singaporeans that his ruling party will 'manage and moderate' the inflow of foreign workers, so that Singaporeans are not overwhelmed by the sheer numbers. said Prime Minister Lee Hsien Loong on Thursday. "We need the many foreign workers who work here, to build HDB flats and MRT lines, to work in factories especially on late shifts, and to help man the IRs," he added. [Source: Straits Times, 31 December 2009] Is Singapore Courts recruiting Malaysian workers to work in factories on late shifts? Let us take a look at the positions offered by Courts to the Malaysians: The vacancies needed to be filled by Courts are: product specialists, cashiers, operation executives, assistant accountants, credit officer and customer account assistants. Now these are not highly specialized positions which can only be filled by professionals and talents not available in Singapore or menial jobs shunned by Singaporeans. Any Singaporean equipped with a ITE or "O" level certificate will be more than qualified to take up these jobs. Why is Courts recruiting Malaysians instead of Singaporeans? The ruling party blamed Singaporeans for being fussy, demanding and inflexible and urged us to accept any jobs which come along our way. To be fair to Courts, it is a company and it has to keep its labor costs low and since the ruling party allows it to employ large number of foreigners to keep its business profitable, why not make full use of it? Singaporeans should not be taken in by PM Lee's "sweet talk" that Singaporeans will remain his government's "priority" as even when he is saying this, companies based in Singapore are still recruiting foreigners en masse! If the ruling party did not open the floodgates to foreigners and give companies so much leeway to employ foreigners, then they will have no choice but to employ Singaporeans. Instead of saving on labor costs, they will have to innovate to increase their productivity with the local workforce they have. The period of transition will be painful for some, but eventually everybody will benefit because the companies will be able to raise their profit margin by producing more in the same period of time while Singaporeans are gainfully employed with a decent pay to support themselves and families. With a higher pay and standard of living, Singaporeans will be inclined to have more children, thereby boosting our birth rate and decreasing our perennial dependence on foreigners. Unfortunately, nobody in the PAP seems to realize the intangible social benefits of having a highly trained, well paid and happy workforce as they are too obsessed with GDP growth rates which can be artificially increased temporarily by importing large numbers of cheap foreign labor, but we will soon lose our competitive edge once our neighbors like Malaysia, Indonesia and Vietnam catch up with us. For unemployed or retrenched Singaporeans who are still looking for a job, they will stand a better chance giving up their Singapore citizenship to become a Malaysian and apply for a job based in Singapore in Malaysia instead where Singapore companies are having a field day recruiting their "talents" and "baby-producing machines" for the ruling party. EDITORS' NOTE: If you come across any such advertisements employing PRs and foreigners and NOT Singaporeans in the future, please email us and we will write a story on it. We have to keep harping on the matter again, again and again till we shatter the myth propagated by the state media forever once and for all.  Read More →

Property prices in Singapore set to rise thanks to more foreigners

Property prices in Singapore set to rise thanks to more foreigners

Written by Our Correspondent According to a report in Channel News Asia, prices of private properties in Singapore from the luxury housing sector to the mass market are likely to go up in the year 2010 due to more foreigners coming to Singapore. Real Estate agency Savills is forecasting that prices in the luxury segment will rise 15 per cent in the year ahead and prices in the mass market and mid-end properties could see values move up by about five per cent. The completion of the two integrated resorts is likely to spur demands together with more foreigners flocking to find work in Singapore. "We do see strong demand because of the population growth. Again a lot more foreign workers are expected to come in over the next 12 months, so I don't think there will be a correction downwards in that sense. But certainly not the same kind of growth as seen last year, more moderated, but healthier," CNA quoted Michael Ng, managing director, Savills Singapore as saying. The relentless influx of foreigners into Singapore is a key reason why property prices in both the private and public sector have stay up despite of the recession last year. Due to the ruling party's liberal immigration policy, foreigners now make up 36 per cent of the population compared to 14 per cent in 1990. In the face of a limited supply of housing, prices are expected to sky-rocket with that of HDB resale flats hitting a record high in June last year. Even National Development Minister Mah Bow Tan admitted that he was "caught off guard" by the high prices. Despite evidence showing otherwise, Mr Mah continues to insist that HDB flats remain "affordable" in Singapore and blames Singaporeans for being too "choosy" in getting a home of their choice. In a recent speech in parliament, he said “the onus is on Singaporeans to play their part by buying a home within their means.” Quoting the affordability benchmark of 30 per cent used frequently by HDB to show that HDB flats remain affordable to ordinary Singaporeans, Mr Mah said a family with a monthly income of $3,000 can buy a flat worth up to $250,000 and spend only 30 per cent of their income every month on the mortgage. "Similarly, a family with a monthly income of $4,000 can afford to buy a new flat worth up to $333,000 without spending more than 30 per cent a month on the mortgage. This means they can comfortably buy any of the flats offered in the latest BTO projects this month,” he added. However, Mr Mah fails to take into account the bank interest rates and inflation over the years which will lead eventually to the family spending more than 30 per cent of their monthly income on the mortgage. Rich foreigners who accounts to about 70 per cent of the buyers in the private property market are responsible for the rising prices which have priced locals desiring to upgrade to a private property out of the market altogether. Middle class PRs are snapping up resale HDB flats sometimes by paying astronomical prices for them. An Indonesian PR paid a record high $653,000 for a resale HDB flat in Queenstown when he could well afford a private condominium. Mr Mohamad Ismail, the CEO of Propnex estimated that 20 per cent of the buyers in the resale market are PRs while ERA and C&H real estate agencies quoted figures of 40 and 50 per cent respectively. Despite rising resentment and anger on the ground at the ruling party's pro-foreigner policy, its leaders continue to insist that Singapore requires foreigners in order to grow its economy which has become unproductive due to over-reliance on cheap foreign labor. Minister of Community Development, Youth and Sports Dr Vivian Balakrishnan said in a recent speech that the government "cannot shield Singaporeans from competition" though it will try to allow Singapore children a "head start". There is no opposition in parliament to check on the ruling party which has been governing Singapore for the last 50 years with a "blank cheque" often so with little or no consultation with the people.   Related articles: >> Mah Bow Tan: HDB flats are affordable >> Grace Fu: hard to predict demand for housing >> Indonesian PR bought 4-room flat at $653,000 >> Mah Bow Tan asks home buyers to be realistic >> PAP MP blames young couples who cannot get a flat for not planning ahead >> Home affordability: HDB versus the public >> Demand vs supply: so many applicants, so few flats >> Number of applicants exceed number of flats >> HDB to increase supply of flats >> Mah: don’t compare with prices in the past >> ERA: 40 per cent of HDB flat buyers are PRs  Read More →

Sponsored Content
Official Quick Links
Members LoginContact UsSupport Us
Sponsored Advertisement
Search On TR Emeritus
Sponsored Advertisement
Advertisement

Announcement

UA-67043412-1