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 […]
Do you own your 99-year leasehold HDB flat?
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 claimed. 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 […]
Workers’ Party’s home-renting suggestion will bring Singapore back to more than 50 years ago
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 […]
Home ownership is not superior to home renting: WP MP Louis Chua
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 […]
Demystifying Help Schemes for Lower-wage Workers
Every year, large sums from the Singapore annual Budget are set aside to support social spending in order to increase social mobility and help uplift those from low-income households. Lower wage workers have always been a vulnerable group that the Government has paid attention to. In case you missed this year’s National Day Rally speech, […]
Ethnic Integration Policy (EIP) is still needed, Pritam says
Election after election, in every manifesto since 2006, the Workers’ Party has called for the Ethnic Integration Policy (EIP) to be abolished – with immediate effect. Various reasons were put forth including that the EIP hurts the minorities who had to sell their flats at a lower price, a point Mr Pritam Singh reiterated in […]
10 COVID-19 cases from 4 different households in Blk 506 Hougang Ave 8
MOH said in a statement that they had identified 10 COVID-19 cases from four different households residing at Blk 506 Hougang Avenue 8. They are largely Persons Under Quarantine who turned positive for COVID-19. This means that they have been isolated early and ring- fenced, and not likely to be moving around while being infectious. […]