Presidential Hopeful

EX-PRESIDENTIAL HOPEFUL TAN KIN LIAN SAYS PAP COOLING MEASURES KNOCKED HIM OUT OF HOUSING MARKET

Recently, I looked at a freehold condominium called Flora View near my home which seemed to be recently priced at slightly more than $1 million. This would add another 13% to the cost of the property, before counting lawyer fees. The property becomes unattractive to me. Anyway, all of the units in that development had been fully sold out. The government is trying its best to moderate the property prices. They are doing a good job, so far. We should support the cooling measures, even though it knocked me out of the market for the time being.

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TAN KIN LIAN: EX PAP VETERANS MAY CONTEST UNDER WP BANNER?

After visiting an exhibition at Marina Bay Sands, I took a taxi back to my office. I had a nice chat with the taxi driver who drove a Comfort taxi for more than 20 years. We discussed how good were the old days, when Singapore was under Mr. LKY. The HDB flats were affordable, and the cost of living was also low. Things got progressively worse under the next two prime ministers. HDB flats are now too expensive. Many young men cannot afford to get married due to the high cost of housing.

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SINGAPOREANS SPENDING TOO MUCH TIME STUDYING WHEN THEY SHOULD BE GAINING WORK EXPERIENCE

I met a poly student who is now taking the first year in university. He is studying information systems. He is now 23 years old (after serving two years in National Service) and will be 26 by the time that he graduates. He will have ZERO working experience. A better option for poly students is to start work in the field that they are trained in, e.g. software development. During three years, they can pick up very useful knowledge and be very good in software development. After three years, they will probably earn more than the starting salary of a graduate.

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