Nicole Seah: I have no intention of contesting in the Hougang by-election
An article posted by former National Solidarity Party (NSP) Secretary-General Goh Meng Seng on his blog [Link] on Fri (16 Mar) started rumours flying saying that Nicole Seah of NSP may be interested to contest in Hougang by-election. In Mr Goh's article, "Analysis of Hougang By-Election", he wrote that if NSP really wants to...
HDB’s poor enforcement of eligibility criteria on foreigners
I would like to bring to attention how lax HDB’s procedures are in the enforcement of eligibility criteria with respect to foreigners. OWNERSHIP OF PRIVATE PROPERTY Persons who possess private property are not eligible to buy new and resale HDB flats. Private property includes property located overseas. For a foreigner who...
The S$894,000 flat insanity
Yahoo! News reported on 17 March 2012 that a Toa Payoh 3 year old 5-room flat was sold for a whopping S$894,000! A few clicks of the mouse on HDB’s website enabled me to come up with the approximate loan figure the buyer has to service. Price of flat = S$894,000 Max loan = 90% if HDB loan (interest fixed...
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