PRC new citizen buys million-dollar HDB
Following reports of a Bishan maisonette sold for S$980,000, a resale executive maisonette at Mei Ling Street in Queenstown has topped the record for being the first public housing unit to reach the million-dollar mark, according to The Business Times. The buyer and seller have already agreed on the price but the first ...
Minister Khaw: Singles, I Hear You
Since I joined MND last year, I have often received suggestions and feedback from Singaporeans that HDB new flats should also be made available to singles. Currently, they (above 35) can only buy resale flats, but not new HDB flats. To these requests, I have routinely given an interim reply: I hear you. I know your wishes...
Increase social spending means more taxes?
Leong Sze Hian I refer to the article “Social spending – where will money come from?” (Straits Times, Sep 4). How much total reserves? It states that “If you add the three pools of reserves up, you get about $800 billion. A very modest 2 per cent return on that comes up to $16 billion a year. The Net Investment Returns...
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