Monthly Archives: September 2009

Month: September 2009 Root Cause of Sky-High HDB Flat Prices

Following our 1996 property bull run, the HDB had switched from a “cost-based” to a “market-based” pricing approach. This has resulted in prices of new flats and resale flats chasing each other in a never-ending upward spiral that is detrimental to buyers of both new and resale flats.

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Month: September 2009 Lui Tuck Yew should take his head out of the sand

The truth is that in Singapore, more and more people have come to recognize that the mainstream media does not always give a balance picture, especially when it comes to political issues or issues involving Opposition parties, and more people are starting to go online for alternative sources of socio-political news and commentary.

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Month: September 2009 Urgent need to plug gaping holes in our healthcare system

Our elderly who are above 85 years of age are the ones who require healthcare the most as they are the group most susceptible to chronic ailments and terminal illnesses. If they are uninsurable, then the onus must fall on the Government to provide heavily subsidized healthcare to them so that they are not financially burdened in the final years of their lives and do not have land their children heavily in debt as a result of financing their healthcare needs.

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Month: September 2009 Critical issues overlooked in HDB’s letter to Straits Times

In the past few years, property prices in Singapore have increased sharply due to huge foreign fund inflows as well as unfettered immigration. The compactness of our property market has also resulted in public housing prices becoming highly correlated with private property prices which has mushroomed despite the downturn because of lack of market regulation.

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