Five Reasons Why It Is Difficult To Dislodge The PAP From Power (Part 1)
By Gilbert Goh I have read from many online blogs that the government may lose its grip on power with some even predicting it’s downfall during the next election. Many also forecasted that the foreigner influx will be a serious enough issue to push many voters who are sitting on the fences all along to vote for the opposition....
Economist: Singapore properties are 19.6 percent overvalued
According to an article published in The Economist last week, Singapore properties are 19.6 percent overvalued. The result is hardly surprising given the sky-rocketing prices of both public housing and private properties. (read article here) “Singapore has gone from being one of the most depressed housing markets...
Wary of a Bubble at Home, Chinese Diversify by Buying in Singapore
By SONIA KOLESNIKOV-JESSOP from New York Times, 9 April 2010 For some time now, China’s property market has looked like a bubble about to pop. As a result, many Chinese have been putting their wealth into real estate markets further afield, notably in Singapore. The Chinese ranked No. 3 among foreign buyers here in 2009,...
Barclays Premier League Watch: Liverpool Up for Sale
[email protected] On Saturday, amidst the travel chaos caused by a volcano in Iceland, a piece of significant football news also made the headlines. After three tumultuous years as owners of Liverpool FC, Americans Tom Hicks and George Gillet had finally decided to put the club on sale. The timing of this...
Houses remain overvalued in many countries where prices are now rising
The Economist, 19 April 2010 HOUSING markets continue to strengthen, as The Economist’s latest survey of global house prices shows. Our periodic round-up was dominated for nearly a year by countries where house prices were falling year-on-year. But the latest available data show that in half of the 20 countries whose...
Indian PR bought HDB flat within a year
The Straits Times reported one Indian PR Nirav Mithani who came from Mumbai in 2004 to work as a IT consultant. He and his wife became permanent residents last year and soon bought a four-room flat in Sembawang. It was not mentioned the price he paid for the flat. According to National Development Minister Man Bow Tan,...
Teo Chee Hean aspired to build immigrant society for all races
With Singapore’s demographics being altered radically over the last few years due to the relentless influx of foreigners, PAP leaders have been emphasizing the importance of racial and religious harmony in recent weeks, the latest being Deputy Prime Minister Teo Chee Hean. Speaking at a community event in Pasir Ris...
MHA says no delay in releasing info on CPIB probe to public
Misleading report by ST on inflation
PM Lee does not think his children will enter politics
How could HDB public housing for Singaporeans be so messed up?

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