Saturday, April 30, 2011

Affordable Housing Is In Sight

Sorry for scaring all you folks about the cost of housing with data from the Ministry of National Development (graphic was from the state paper) . The bad news is that the 25- to 30- year repayment schedules are all true. The good news is that houses in opposition wards are cheaper.

 Outdoing the Goh Chok Tong football tactic of kicking in his own goal, MM Lee Kuan Yew said last night at a PAP rally that homes in Hougang cost less than similar ones in neighbouring areas because they belong to an opposition ward. Suddenly, young voters in Aljunied GRC may not have to lose sleep about being able to afford their first HDB flat after all. All they need to do is check the correct box on the ballot paper on May 7. Hallelujah! May all the Gods (Christian, Buddhist, Malay, Indian) be praised!

Of course the old guy was trying to salvage the land-cost-to-reserves sleight of hand claims of Mah Bow Tan. The torpedo was aimed at the opposition's proposal of pegging new flat prices to median household income levels, but you can't aim too good when you are approaching 88. The dimming eyesight, quivering hands and wobbly gait don't exactly make for good marksmanship.

The volley about the "two unknowns" in the Workers Party's dream team also landed outside the fairway (his drive must be off since his gave up golf). So what do we know about Puthucheary except for his famous father? Other than the nonsense about saving babies lives being equivalent to serving NS? Who's to say Heng Wee Keat has the track record to be a credible Finance Minister? His only "relevant" experience was being PPS to MM Lee before being appointed managing director of MAS. Have you seen prices reduced by the MAS policy of strengthening the SingDollar? So will the Istana guys who hand him his hot towels for his aching bones, on time, at the right temperature, be made ministers too? Did you see the sickening live TV coverage at Tanjong Pagar GRC nomination center, with Lee following after the political virgin Chan Chun Sing like a lovesick puppy dog? "But I guarantee you you will not do better than the PAP candidates" surely must sound real hollow in the light of what we have seen and heard.

Whatever happened to the Lee Kuan Yew that was admired and looked up to? Even dead Michael Jackson is more highly regarded, despite his special attention for younglings.


  1. Very good point on the strengthening of our currency against the USD. Our electricity bills has again gone up presumably due to the increase in crude oil prices, can anyone tell me why the strengthening of our Sin$ hasn't help? Same thing with our petrol prices!

  2. It has helped by reducing the rate of increase, commodity prices have gone up by 50% however, Cost of Living expenses went up by 5%- 8% due to stronger local currency.

  3. The US inflation rate is under 2% even with a weakening currency. So how does inflation here reach 5-8% with a strengthening currency?

    Here are some possible explanations -

    1. Domestic factors such as rent, electric, water, gas, levies, and taxes.
    2. Increased demand as a result of population growth.
    3. Privatization of public utilities and unregulated pricing power of monopolies.
    4. Reduced subsidies in areas such as healthcare.

  4. Just pointing out the '(Christian, Buddhist, Malay, Indian)'. Malay and Indian are considered races, not religions; thus there are no 'Malay' gods or 'Indian' gods.

  5. Ha Ha, it is always a chore in multi-religious/multu-races Singapore not to get mixed up about the God or gods / races/ religions-faiths!

    Furthur to anon 2:02pm, Buddhist do not have gods ! ( I stand corrected...if my understanding is flawed.)

  6. Isn't Guanyin known in English as the Mercy Goddess or Goddess of Mercy? Wikipedia says there are hundreds of local gods and goddess as well as demigods, e.g. God of the Earth, God of the Kitchen, God of Wealth, God of Happiness, God of Prosperity, etc. The list of Hindu gods and goddesses is even longer - Ganesha, Shiva, Krishna, Durga, Kali, Lakshmi, Saraswati, Jagannath, Hunuman... and more. Only the Christians and Muslims believe in one god.

  7. over the yrs, LKY has earned the reputation of being the god of wealth or the god of prosperity...either you collect plenty of $$ being his stooge or lose your wealth going against him, and a opportunist like Chan chun sing can see himself becoming one of the many multi millionaires in parliament. But,
    the chance to prosper will diminish each month because this god has an expiry date.

    ps: i tend to believe housing can become affordable to many If the AP forms the govt and every $ belonging to the god of wealth, including his followers or disciples if you wish, are returned to a proposed Housing Debt Burden be used as subsidy.

  8. Worshipping and teaching the Spirits(deeds and acts of virtue) of our exemplary ancestors is different from beliefs in supernaturals.


  9. Hello! My name is Louanne and When I just wanted to say your web site is great!
    It's funny due to the fact I use to have a site that nearly had an identical website url: mine was only a few letters different. Nonetheless, I'm
    a big supporter of your website and if you ever would like a guest post please email me at: I take pleasure in writing!

    Feel free to visit my page mnemonic

  10. Superb blog you have here but I was wondering if you knew of any user discussion forums that cover the same
    topics talked about here? I'd really like to be a part of group where I can get feedback from other knowledgeable individuals that share the same interest. If you have any recommendations, please let me know. Kudos!

    Feel free to visit my weblog: solutions

  11. With havin so much content and articles do you ever run into any issues of plagorism or copyright violation?

    My website has a lot of exclusive content I've either created myself or outsourced but it looks like a lot of it is popping it up all over the web without my authorization. Do you know any methods to help protect against content from being ripped off? I'd really appreciate it.

    Review my web blog :: racing produces

  12. Wow! I'm genuinely enjoying the layout of your web site. Are you using a customized theme or is this readily available to all users? If you really don't want to say the name of it out in the
    public, please be sure to email me at: chelseyhurt@yahoo.
    com. I'd really enjoy to get my hands on this theme! Bless you.

    Have a look at my web-site; holland racing

  13. Howdy. I'm wondering if you would be interested in doing a website link swap? I see your website: and my blog are based mostly around the same subject matter. I'd love
    to switch links or perhaps guest author a write-up for you.
    Here is my personal contact: christinemartinson@gmail.
    com. Please make sure to contact me if you're even slightly interested. Appreciate it.

    My webpage drive

  14. My partner and I stumbled over here different web address and
    thought I may as well check things out. I like what I see so now i'm following you. Look forward to going over your web page for a second time.

    Feel free to surf to my blog; backup