Not for love of money, but of Humanity. "Greater is he who works for the good of all, then he who works for the good of himself only" ~ Matthew 25:40: "The King will reply, 'I tell you the truth, whatever you did for one of the least of these brothers of mine, you did for me.'"- (NIV). I live in Singapore where the Emperor must not be disturbed.

Tuesday, December 24, 2013

Singapore government should stop inflating HDB BTO prices just to pay themselves well.

Singapore government opts to keep property prices artificially inflated/ high???- why???!!!
To earn more revenue to pay their own salaries is it???
In the 1960-80s, Singapore was a real socialist state, confiscation farmland from the rich to sell HDB flats to all Singaporeans at costs plus prices (minimal land component costs for confiscated (cheap) land), why suddenly now talk about HDB BTO at market prices??? It's public housing for the poor/ very poor after all- just to justify PAP salaries at self determined "market pricing" is it???

Friday, December 6, 2013

With Reverse Mortgage facilities dime a dozen, Asset-rich Singaporeans should stop badgering the government for handouts and free gifts.

References as appended:
- Reverse mortgage - Wikipedia, the free encyclopedia
- List of banks in Singapore - Wikipedia, the free encyclopedia
- ST,05Dec2013: 'A question of fairness'
Pls note that there are "at present, 111 commercial banks" in Singapore, so commercial banks can handle the reverse mortgage of private properties and the CPF can handle the reverse mortgage of HDB properties (all sizes); only when the per capita home equity of a person should fall below say SGD50K should a person be granted be granted full medifund subsidies (sans congenital illness that is)- this of course is just a ball park suggestion, other suggestions should equally be considered.