LAWRENCE WONG

MINISTERS GO ALL OUT TO DEFEND BIG BROTHER LOONG

And as expected, while the whip was conveniently lifted for PAP MPs to question their boss in Parliament on the Oxley Road saga, no one from PAP did that so far. In fact, DPM Teo followed up PM Lee's statement with his own statement, followed by Minister for National Development Lawrence Wong also addressing Parliament. Instead of questioning PM Lee on this issue, they went all guns blazing defending the Saga in PM Lee's favour.

In fact, they cast further questions on the integrity of Lee Hsien Yang and Dr Lee Wei Ling. In fact, they painted the picture that the allegations made by the siblings are all baseless, that all of the Ministers have acted in accordance to what is accepted, and they had kept the siblings in the loop on all the matter that they have decided on the matter.

So, what is this Parliamentary sitting about? To elaborate more on the issue at hand about Oxley Road, or to defend PM Lee, sings his merits, and paint his siblings as the villains? The way the Ministers are defending their boss, it would seem so.

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HDB 99 YEAR LEASE TIME BOMB COULD CAUSE PROPERTY MARKET COLLAPSE

At least TWO PAP Ministers (Khaw Boon Wan & Lawrence Wong) have confirmed my point about the HDB 99 Year Lease being ZERO in value when the lease expired. This is an important critical fact that most Singaporeans have ignored for decades and despite of such reality, Singaporeans are still pumping huge amount of money willingly into HDB resale market which in turn, pushes up the new BTO HDB flats!

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SDP: SELLING HDB FOR RETIREMENT FORCE RETIREES TO ENDURE STRESS & SACRIFICE

Partially renting out ones' flat comes with risks and problems of ending up with an unreliable or untrustworthy housemate. The other option of downgrading means having to relocate and breaking friendships and community bonds forged through the years. One of life's goals is to work hard in our younger years so that we can live in relative comfort in our twilight years. What is the point if we cannot make such progress in life?

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PAP MINISTER LAWRENCE WONG TRIES TO CONVINCE S'POREANS HDB SHOULD BE SOLD FOR RETIREMENT NEEDS

My last blog on choosing a HDB resale flat generated some discussion and debate. Let me share some additional perspectives. HDB flats, like many private properties, are sold on a 99-year lease. They provide a good store of asset value, so long as you plan ahead, and make prudent housing decisions. The general point is that your HDB leasehold flat is not only a good home, but also a nest-egg for future retirement needs.

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PAP MINISTER CONFIRMS YOUR HDB FLAT WILL BECOME WORTHLESS WHEN LEASE ENDS

Since Singaporeans have been subjectef to the consistent rhetoric for decades that our HDB flats are a good “asset enhancement” policy – shouldn’t the priority for Sers be on the age of the flats, rather than “located in sites with high redevelopment potential”? If anyone from the Government had said what is being said by the Minister now in the past – would so many Singaporeans have put in so much of their CPF and cash into their HDB flats?

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GOV DETERMINED TO INCREASE ALL PUBLIC CAR PARK RATES SOON

The government is planning to increase public car park rates for all public car parks, the Straits Times has reported. The Housing Development Board (HDB) and Urban Redevelopment Authority both confirmed with the paper that they are planning to introduce price hikes of both short term and season parking schemes soon.

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