Linguist
Arch-Supremacy Member
- Joined
- Jun 7, 2017
- Messages
- 12,838
- Reaction score
- 6,400
Wah... that scandal no activate CPIB for investigation?SG's biggest mistake was embarking on the population ponzi scheme.
Back in 1995, GCT mentioned about your HDB only appreciating in value and then MBT later came out with the disastrous and idiotic "Asset Enhancement Scheme"
Back then, already got the Japan Property bubble burst in 1992 but they never learnt from this lesson.
Then after that got the Nassim Jade scandal, Tang Liang Hong and JBJ, etc. spoke about it and got sued and bankrupted because of it.
Honestly super bad optics during then.
Oh I see, 13 years ago. That is why I surprised so cheap now, think now should be around $850 per room as the norm at least ba. Last time I checked was around 1 year + ago liao.
Retirement not rent, I hope to withdraw my CPF to retire there next time. Penang safer than most parts of Malaysia, have to say the local government doing a very good job there.
Amenities, infrastructure all not bad too. Plus less crowded, SG is really too crowded liao. We really going to fight with Hong Kong to see who more crowded, at the rate our population rise.
Yes, agreed with you. Personal space is super important to mental health one, lack of personal space impacts mental health deeply, thus then later affects physical health too as well.
https://kenjeyaretnam.com/2024/01/2...takes-me-back-to-the-hpl-nassim-jade-scandal/
And izzit true ministers, MP etc restricted to buying shares but not restricted to property purchases etc?
As quoted from website link above:
Ironically LHL said that as Deputy PM in charge of economic policy he could not be actively trading shares. Why would that restriction not also apply to property, an asset whose price the Government directly controls through its ownership of 80-90% of the land in Singapore and indirectly through taxation and spending decisions?