CPF contributions will soon be made mandatory for platform workers. NTUC calls for support during this transition.
TL:DR – Mandatory CPF contribution for platform workers from the part of both platform workers and platform companies are to kick in from the later part of 2024, at the earliest. NTUC will be rendering support during this transition. In his National Day Rally speech, Prime Minister Lee Hsien Loong acknowledged the lack of basic […]
Someone said that young graduates used to aspire to a 5-rm flat but now they can only afford a 4-rm flat. And a poly grad used to aspire to a 4-rm flat but now, they can only afford a 3-rm flat. When I was a young graduate, I was realistic of my financial ability and […]
Today, over 80% of Singaporeans live in public housing. Compared to public housing in most parts of the world, our HDB flats and home ownership model is the exception rather than the norm. Singapore’s housing policies have been uniquely successful. We are the only major city in the world where nearly every young couple getting […]
You’ve heard this before: that land for HDB flats should be priced lower, even at a nominal fee of $1 because it is land for public housing. After all, land assets, as part of the reserves, belong to the people. The problem with this line of reasoning is that public housing in Singapore has taken […]
The Workers’ Party proposed that home-renting be made mainstream to create a diversity of housing options. Speaking in an adjournment motion on 2 November 2021, Workers’ Party MP Louis Chua said that home renting would satisfy the needs of young couples to increase fertility rate, cater to freelancers without a fixed income and provide greater […]
MP Louis Chua of the Workers’ Party said that one of the biggest misconceptions is that home ownership is superior to home renting. In his adjournment motion on 2 November 2021, Mr Chua pushed for a greater diversity of housing options. The key problem, he said, is the “severe shortage” of Housing Board (HDB) rental […]
With the Enhanced CPF Housing Grant, Family Grant and Proximity Housing Grant, who says housing is unaffordable? The Enhanced Housing Grant was introduced in September 2019. Since then 15,600 first-time buyers of new and resale flats have received the Enhanced Housing Grant (EHG), with close to $500 million disbursed, National Development Minister Desmond Lee said. […]
Stroll along Punggol estate and you will come across My Waterway@Punggol – a waterway created for a more refreshing living environment for HDB residents. The 4.2km-long Punggol Waterway is now one of the most recognisable landmarks in Punggol. A joint project between HDB and NParks, the waterway acts as a major air corridor and encourages […]
They have illogical fears that if they leave any money behind in the CPF, they will not see it as the Government will allegedly come up with more reasons to deprive them of their money.