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Archive for the ‘public housing’ Category

Straits Times questions Ministry’s stand on LUP

Straits Times political desk journalist Sue-Ann Chia expressed in today’s papers what any rational-minded Singaporean knew to be right: That the elected opposition MPs should be the ones managing the Lift Upgrading Programme (LUP) in their ward, not the PAP candidates who lost in the last election.

In her article headlined “‘Adviser over MP’ raises many questions”, Ms Chia questioned the flawed reasoning of the press secretary to the National Development minister, who said last week that town councils should not be considered a local government. She deftly pointed out that over the past 12 years, Mr Lee Kuan Yew, Mr Goh Chok Tong and Mr Lee Hsien Loong had all stated in one way or another that the town council were designed for voters to choose their local representative, not just MPs to the national Parliament.

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Reducing cost of public housing: Some policy suggestions

The drastic increase in the cost of public housing over the past 30 years has caused a financial squeeze for many Singaporeans, particularly young couples who desire to own their own homes, and families forced to downgrade because of financial difficulties.

A three-room resale flat in the prime area of Tiong Bahru used to cost just $6,000 back in 1975. Now three room flats in that area are selling for as much as $322,000! This 5,266% price increase is simply mind-boggling! It has far outpaced inflation and increases in salaries over the past 30 years.

The cash over valuation (COV) that buyers are now having to pay is also shooting through the roof, and threatens to get even higher when the casino resorts open next year.

National development minister Mah Bow Tan claimed that one third of resale flats are “transacted at or below” COV. This claim is almost laughable if you ask any home buyer or real estate agent.

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Govt concedes argument with WP and Singaporeans

Since the ill-advised announcement by the so-called PAP “grassroots advisers” of Hougang and Potong Pasir about the Lift Upgrading Programme (LUP) in the two opposition-held wards, the Minister for National Development has had to answer three letters to the Straits Times to justify their stand on the issue. Two of those letters were in response to Workers’ Party leaders Low Thia Khiang and Sylvia Lim, and one was to a public-spirited Singaporean, Muhammad Yusuf Osman.

In his latest letter (copied below), the spokesman of National Development Minister Mah Bow Tan wrote: “We do not expect the Workers’ Party to accept these basic facts, and we will agree to disagree.”

In saying this, the Minister is basically conceding that his argument holds no water, and he has no more points to add that could better justify the PAP’s politically-motivated stand.

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