Why does HDB call it “home ownership” when it is essentially a 99-year lease “rental” arrangement?

Think about it. If you claim you do not really own your flat, then how is it possible that you are able to derive proceeds from the subsequent sale of your flat?Rather than rental flats, 99-year leasehold flats give flat owners greater permanence and even monetary yield in the long run, which can be monetised for one’s old age, if need be.Properties with 99-year leases are also common in the private housing market and their owners do not see it as a rental arrangement. The 99-year lease on HDB flats confers on their owners similar ownership rights and responsibilities as other properties.

Filed Under: 

Malaysia opposition leader Anwar accuses government of MH370 cover up

Anwar defended the aircraft's pilot, 53-year-old Zaharie Ahmad Shah, who is also a personal friend and a member of his political party. "If you say or suggest that the pilot may have been involved, what about the concealing (of information)?" he told the Telegraph. "He could not have concealed the radar readings. He could not have instructed the air force to remain completely silent."

Filed Under: 

Since the Government owns State land, why can’t HDB acquire land at a cheaper price, so that flat prices can be lowered?

HDB buys land from the Government to develop public housing. Some claim that this is merely a transfer of funds from one pocket to another. But that doesn’t mean that the land therefore loses its value, simply because it is sold from one state agency to another. All land in land-scarce Singapore come with a certain value. Land may have been acquired, or it may have been reclaimed. But it commands a definite value, and all State land forms part of this country’s national reserves.

Filed Under: 

MDA ASKS WEBSITE MOTHERSHIP.SG TO REGISTER UNDER BROADCASTING ACT

In a statement on Thursday, the Media Development Authority (MDA) said it had notified Project Fisher-Men on March 27, to register under the Broadcasting (Class Licence) Notification, which was enacted under Section 9 of the Broadcasting Act. The MDA said it had assessed that the website meets the registration criteria and it must register by April 11. This is as it promotes or discusses political issues relating to Singapore, and is "structured as a corporate entity which is deemed to be more susceptible to coming under foreign influence through foreign funding".

It added that the registration will not in any way affect what mothership.sg can publish on its site.

Filed Under: 

PERFECT OVERSEAS TRIP RUINED BY SOME CH**BYE ICA OFFICERS AT THE AIRPORT

I got stuck at Changi Airport due to "random" checks, and ironically, all those called up were Vietnamese. Plus very rude attitude from the "civil servants". Arriving on Qatar business class did not help one bit. They even asked to check how much money each person has. Erm... Excuse me miss civil servant, the air ticket cost more than your one month civil service salary and the room rates of 1 night in a ocean private pool villa in Maldives is another of your passport stamping salary! Oh, and that diamond ring on the finger, that's another of your 1 year salary u condescending civil servant!

Filed Under: 

Bertha Henson: We should back our police force

Just as predictably, NGOs spoke up on behalf of foreign workers, citing the lack of amenities that cater for them. Then there were those who spoke about Geylang’s colourful and flavourful atmosphere, so different from the rest of sterile Singapore I suppose. If you don’t look for trouble, you don’t get into trouble. Unsavoury characters leave you alone, say the Geylang lobby. That got me thinking of Joo Chiat. Remember the fuss that was being made over how the area was turning into sleaze street? The community, mainly residents, got involved and the area appeared to have been cleaned up.

Filed Under: 

Asean haze meeting ends with little progress made

A computer system developed by Singapore to monitor the haze and identify culprits behind fires has also been stymied by Indonesia's inability to provide maps that can pinpoint who is responsible for the land plots where the fires occur. Speaking to the media after the meeting, Singapore's Minister for the Environment and Water Resources Vivian Balakrishnan said he was "frustrated at the very slow pace of progress" and "disappointed at the lack of transparency".

Filed Under: 

Shooting at Fort Hood in Texas leaves several people dead, 14 injured

AUSTIN, Texas (Reuters) - Several people were killed and at least 14 injured on Wednesday when a gunman opened fire at a U.S. Army base in Fort Hood, Texas, the site of another rampage in 2009, U.S. officials said. One official, who spoke on the condition of anonymity, declined to offer specific numbers on fatalities. A separate U.S. official, also speaking on condition of anonymity, said 14 people had been injured.

Filed Under: 

MOHAMED HARYFAN MOHD RAZALI: "CAN I HAVE SEX?"

Mohamed Haryfan Mohd Razali, 21, who faced four charges, admitted uttering words with intent to insult the modesty of the 19-year-old in 2011, and for peeping at her on May 12 last year. Deputy Public Prosecutor Joshua Lim said in July 2011, Haryfan was at the void deck of his block in Pasir Ris when he saw the victim walking past him and was instantly attracted to her looks. He saw her enter her unit and took note of the address. From then until his arrest in May last year, he visited the teen's home six to eight times, causing the family much distress. The victim and her 44-year-old mother made numerous police reports but were unable to ascertain his identity.

Filed Under: 

Pages

Advertisement
Subscribe to All Singapore Stuff - Real Singapore News RSS