Leong Mun Wai’s latest adjournment motion is intended to seed ungrounded expectations of VERS
SMS Sim Ann hopes that PSP Leong Mun Wai will be more responsible in debates in Parliament. That’s a wishful hope. By now, we recognise that LMW is not interested in responsible debates, much less being factual and accurate. He uses the parliamentary immunity he enjoys to repeat misinformation as often as he likes. Seeding […]
Without active strikes in Singapore, are unions still relevant today?
Traditionally, unions are known to organise strikes to fight for better pay, better welfare, and better work prospects for workers. But with the number of strikes in Singapore today being close to zero, why do we still need unions? At the Institute of Policy Studies’ (IPS) flagship Singapore Perspectives 2023 conference on 9 January, labour chief […]
We can remain successful if we understand that success is a team sport: Chan Chun Sing
Singapore can only remain successful if we continue to have generations of Singaporeans who understand that success is a team sport, said Education Minister Chan Chun Sing. Speaking at the Institute of Policy Studies Singapore Perspectives 2023, Mr Chan said everyone has the responsibility to pay it forward. “We are all here not just because […]
The home ownership programme is the success story of Singapore, shared by all Singaporeans: Lee Kuan Yew
The site where the Pinnacle@Duxton stands was where HDB built the first rental blocks in Tanjong Pagar in 1963. At the key handover ceremony for the Pinnacle@Duxton on 13 December 2009, Mr Lee Kuan Yew said the transformation of Singapore’s landscape has been breath-taking. As Mr Lee recounted, in the 1960s, most Singaporeans lived in over-crowded shop […]
In what context did Mr Lee Kuan Yew say that the value of HDB flats would never drop?
It is important to understand the context in which Mr Lee Kuan Yew made that statement. Mr Lee Kuan Yew spoke at the Launch of Tanjong Pagar Town Council’s Five-Year Masterplan and Opening of ABC Waters at Alexandra Canal on 19 March 2011. He spoke to his residents in Tanjong Pagar, a very mature estate with many […]
Leong Mun Wai’s suggestion to remove land costs will leave homeowners bleeding
In a Facebook post, Leong Mun Wai concedes that BTOs are indeed subsidised. He also agrees that the pricing of BTOs should take into account locational factors. He wants prices to be lowered further, and to achieve this, he wants land costs to be disregarded. However, one cannot factor in locational factors while ignoring land […]
Is your BTO less affordable today? Let’s dive into the math for the answer.
If we compare the prices of HDB flats today with the prices of HDB flats built 20 or 30 years ago, of course prices have gone up. But so has income. The rise in the prices of HDB flats are in line with income growth. The question is: is the BTO less affordable today? Let’s dive […]
Nicole Seah’s recent post shows her lack of professionalism.
Recently, Nicole Rebecca Seah Xue Ling (“Nicole Seah”), Kenneth Foo Seck Guan (“Kenneth Foo”), and the Workers’ Party (“WP”) East Coast Team visited the newly renovated hawker centre located at Blk 216 Bedok Food Centre and Market (“216 Hawker Centre”). On December 3, Nicole Seah and Kenneth Foo posted on Facebook regarding their visits to […]
Good news! Interest rates might have gone up but HDB concessionary rate for home loans remains unchanged
Have you heard of the CPF floor interest rates? Floor rates are the legislated minimum interest rates guaranteed to our CPF monies. It ensures that interest earned by our money in our CPF accounts does not go below the floor rates. The floor rate for savings in the Ordinary Account is 2.5%. And for savings […]
If the Government does nothing, litigation could change societal norms very quickly, says Shanmugam
We should not assume that the Courts will never strike s 377A down just because the Government chooses to retain it, Law and Home Affairs Minister K Shanmugam said in Parliament. The CA has said that legal standards do still exist, and may be applied, to judge the legality or constitutionality of Section 377A. “Our […]