The WP had proposed that land sale proceeds be treated as revenue for budget spending. They still do not recognise that land is a scarce asset in Singapore and protected as Past Reserves. In fact, the land is so scarce, Singapore had to reclaim land to build housing estates (Read here). One-quarter of Singapore is […]
With increasing numbers of million-dollar HDB homes in Singapore, is public housing still affordable?
Since the end of the Circuit Breaker, demand for housing has pushed resale flats prices to a new high with HDB resale prices rising for the 26th straight month in August 2022. The sale of million-dollar HDB did not slow down. In September 2022 alone, HDB recorded another 45 million-dollar HDB flats transaction, more than the 33 million-dollar flats […]
A newly independent Singapore needed to be able to defend herself. To this end, Mr Lee Kuan Yew made a fundamental decision to build a national service armed force. “If we did not have the ability to defend ourselves, nobody, not even our own people, would have faith in our future,” Mr Lee said in […]
Some have tried to argue that you do not own your HDB flat because it is on leasehold. You are merely renting it permanently, they argued. This argument does not hold water at all. The basic rule of law is that you cannot sell something that does not belong to you. It would be illegal […]
A recent investigation by international news agency Reuters, revealed that China’s embassy in Washington pressured business executives to urge members of Congress to weaken or drop specific Bills that would enhance US competitiveness in the semiconductor industry. In the brazenly worded letters, Chinese officials warned senior executives at US companies that they would risk losing […]
Singapore’s domestic debate is a matter for Singaporeans, Mr Lee Kuan Yew once said to an American audience. This is why under the Broadcasting Act, registered Internet Content Providers which engaged in the promotion or discussion of political issues relating to Singapore are required to be transparent about their sources of funding. This is to […]
WHO on 1 June validated the Sinovac-CoronaVac COVID-19 vaccine for emergency use. Following this, the MOH said the Sinovac-CoronaVac COVID-19 vaccine can be administered in Singapore under the special access route where private healthcare institutions can apply to be licensed providers for the vaccine under this special route. Questions have been asked including why the […]