Monthly Archives: March 2013

Month: March 2013 Our creativity is stifled

Our creativity is stifled and our natural inborn talents not given free reign. We have hindered our own ability to think and be creative because we have boxed ourselves in a narrow vision of reality, and focussed on merely making a living rather than making a life worth living.

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Month: March 2013 Xenophobia and the national identity

The whole point about bringing in foreigners is to improve Singapore and build a better future, one that is sustainable both economically and socially. This nation belongs to Singaporeans. It is perfectly reasonable that Singaporeans should be put first in both education as well as jobs. If Singaporeans do not come first, then who does this nation belong to?

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Month: March 2013 Asset appreciation policy is incompatible with housing affordability

When the government builds property ahead of demand and protects the market from adverse influences like an overwhelming influx of foreign demand, property prices tend to appreciate gradually in tandem with the above-mentioned factors. They do not go very far beyond fair value, provided the government enacts prudent fiscal, monetary, and social policies.

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Month: March 2013 Say No to the Concrete Jungle

Ideally, there should be park space of 16 square miles for every 1 million people. With 5 million people, 30% of Singapore should be green open space. With 6.5 million people, we need half of Singapore to provide that. It therefore bewilders me that the government should think that 10% of Singapore should be enough for our recreational and psychological spatial needs.

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Month: March 2013 Govt needs to tackle the issue of housing affordability aggressively

To make homes affordable in the long run, the government should eventually move to a system where new flats are priced based on the cost of construction rather than on the income level. This would ensure that housing remains affordable for even the lower income groups. The system of making a fat profit from public housing must be done away with once and for all. The government should not treat public housing as a cash cow from which citizens are to be milked.

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Month: March 2013 Financial Markets: Gold and Silver — At critical support

Gold and silver are at critical multi-month support. Gold is near the critical support band of 1540-1560 per ounce, whilst silver is near the critical support band of 27-28 per ounce. If this important multi-month supports for gold and silver are broken, and price trades below it for more than a couple of weeks, I will expect more downside, more

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