PRs are not being given out in huge number these days.
Exactly. And roughly 2/3rds of that PR trickle progresses to citizenship (and the privileges of citizenship), which is absolutely essential because there just aren't enough Singaporean babies. A 1.2 birth rate is national death otherwise, literally.
So what if PRs can buy HDB resale units, with ABSD (tax), and with almost zero ability to rent those units (unlike citizens). Every dollar PRs use to buy those resale units goes straight into the pockets of citizens, enriching citizens very nicely indeed. It's a great system...for citizens. Cut off those few PR buyers and it's citizens who suffer, not PRs.
Toni90 said:
This one will penalty Singaporean deep deep and let PR escape as they can withdrawn all CPF and go home.
No, they cannot. Both citizens and PRs must terminate their statuses in Singapore in order to be eligible to withdraw CPF funds. Both citizens and PRs have the ability to do that -- there's no difference here. Citizens terminate their Singaporean citizenships, and PRs terminate their Singaporean Permanent Residence. Both can "escape," if they wish.
Singaporeans can acquire other citizenships really quite easily if they wish. That's not a particular obstacle if a Singaporean wants to "escape."