THIS IS A REMINDER WHAT PAP HAVE DONE FOR US IN THE LAST FEW YEARS!!!!!!!!!!!!!!!!!!

rizhal

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Good good finally admit they need to pull up their socks after so many years of ineffectiveness.

Singapore to review housing policies, leave measures to encourage more people to have children: DPM Wong - CNA

Deputy Prime Minister Lawrence Wong also said the Government will look into retirement adequacy for seniors and make it a key priority to reduce income inequality.

https://www.channelnewsasia.com/sin...elderly-social-mobility-lawrence-wong-2999646
 

rizhal

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“But in fact, what we have today is not natural at all. This sort of government is rare. Almost everywhere else, governments hardly think beyond the next general election.”

Mr Lee said that Singapore has become like this “only through the blood, sweat and tears of many generations", and because "the people have worked closely with the PAP to solve problems, improve ourselves and create what we enjoy today”.


https://www.channelnewsasia.com/sin...-3048016?cid=telegram_cna_social_28112017_cna
 

rizhal

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Singapore's GST hike to go through after Bill passed in Parliament, with opposition MPs recording dissent​


GST will increase from 7 per cent to 8 per cent from Jan 1, 2023 and from 8 per cent to 9 per cent from Jan 1, 2024.

“”
Sengkang MP Mr Chua questioned: “Is it not fair for us to ask - is there really a need to push through the GST hike so urgently? Especially when the effects of inflation have also partially contributed to the almost S$1 billion year-on-year increase in GST collections in the first half of the year alone?”

https://www.channelnewsasia.com/sin...ment-opposition-mps-recording-dissent-3050296
 

Perisher

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Only 1 question, how did TS went over the word limit per post of 10,000 or something huh?
 

Shion

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Only 1 question, how did TS went over the word limit per post of 10,000 or something huh?

Old thread from 2011.
Ever since migrated over to new platform, max 10000 words (or is it characters?)
 

rizhal

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why can’t we ask for an increased invest return (from NIRC ,50/50 now) to help us on increased medical expenditure since we also help to contribute land purchase indirectly ? No need to raise GST

All quote below:

"Proceeds from HDB’s land purchase are paid back into the past reserves, which are in turn invested to generate returns for future generations of Singaporeans."

Are BTO flats affordable? HDB explains approach to pricing, development costs​


https://www.channelnewsasia.com/sin...-3127281?cid=telegram_cna_social_28112017_cna
 

luckyplate

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The paper of the 4 g.. Are the most irresponsible.. And probably... Corrupt.. And at the same time, pretend to be a white... And.. Clean.
 

ridiculous?

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rizhal

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When HDB sells more flats, more subsidies to be spent. HDB will run into deficit.

from accounting point of view, where will the money comes from to balance the deficit? Expenditure of govt ?

In pricing new BTO flats, HDB said it first establishes the “market value of the flats by considering the prices of comparable resale flats nearby”. This is influenced by prevailing market conditions and the flat’s individual attributes, it said.

A “significant subsidy” is then applied to the assessed market value to ensure that the new flats are affordable for flat buyers, keeping its price “totally separate and independent from the BTO projects’ development costs”, added HDB.
HDB said that affordability is determined through benchmarks such as the mortgage servicing ratio (MSR) – which indicates the proportion of monthly income used to service mortgage instalment payments – and resident household income.

https://www.businesstimes.com.sg/pr...down-says-pricing-not-linked-development-cost
 

rizhal

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cherry6

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