Wrong to accuse them of driving up costs: Shanmugam
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Originally posted by likeyou:
So, who push up the property price? I read until I nearly fainted liao.
SINGAPOREAN LOR OUR WORLD CLASS MP ALREADY TOLD U RIGHT?? -
Originally posted by noahnoah:
who push up the property prices ?u really want to know ar?
Yeah... -
stop painting them in gold and callin them world class.......
if i give them simple problkems...they need 10 advisors and a million man to do dat simple job
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New citizen, more pr coming to stay in spore.
For them a plate of noodles even at $4, is cheap for them.
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I agreed that PRs are not the cause for high cost of HDB flats by Law Minister. Then who is wrong? I say the government for changing the rules for purchase of HDB flats. If only the government had remain to basic rules as in the 70s, such sad state of high prices will not occur. Go back to basic, it is not too late.
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Originally posted by BJK:
I agreed that PRs are not the cause for high cost of HDB flats by Law Minister. Then who is wrong? I say the government for changing the rules for purchase of HDB flats. If only the government had remain to basic rules as in the 70s, such sad state of high prices will not occur. Go back to basic, it is not too late.
Actually PR not really the cause of itThere are many more ppl involve in driving up
the cost
U dun know who one
unless u really go and study how real estate work
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Originally posted by noahnoah:
who push up the property prices ?u really want to know ar?
I say tooth fairy push up property prices.
Ok, ok, I know it's not as funny as mee siam mai hum or increasing GST is to help the poor.
But I'm trying.
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A rebuttal to Shanmugam’s statement that it is wrong to blame foreigners for driving up costs
January 19, 2010
Dear Mr Shanmugam,
I refer to your comments as reported by Straits Times on 18 Jan 2010.
You said that it is a misconception that there are five million people putting pressure on all of us because the 1.3 million here on temporary work permits impose no burden on the public housing system. That unfortunately, is the real misconception.
Even as workers on temporary permits aren’t allowed to buy flats, they are allowed to rent flats or rooms. The flats that they rent becomes unavailable for sale to the people and thus puts presure on the availability of units. Also, land that could otherwise have housed Singaporeans are being used to house workers like those in Serangoon Gardens.
On what basis do you brush aside the 500,000 PRs as being too small a number to impact prices? You said the number of BTO flats to be launched this year is 12,000. If every one of these 500,000 PRs were to buy a flat each, it would take 40 years to build all the flats to accomodate these PRs.
While Singaporeans may be the ones who are forking out top dollar for certain flats, are there cheaper alternatives for the same locations? And for flats that are much more far flung, are they really that much cheaper?
Instead of imposing limits on resale flat prices, the Government can impose limits on the price of new flats sold by the HDB. In a climate of spiralling prices, the Government should not join in the fray but should hold flat prices steady instead. That way, the government does not end up making one person happy at the expense of another. It only makes itself less happy. Is the government willing to do that?
The concessionary loans and grants of $40,000 pale in comparison to the $100,000 to $200,000 increase in flat prices over the last three years.
While 8 in 10 Singaporeans pay for their flats entirely through their CPFs, they will have to keep paying for the next 30 years and would have nothing left in their CPF for retirement. You call that affordable?
Politics is, first and foremost, about satisfying the needs of the people. All popular revolutions and uprisings stem from inadequate provisions from the government. The art of communication cannot change the feelings of hardship that the people has to endure.
Thank you
Ng Kok Lim -
What a shame - PAP Law Minister K. Shanmugam !!!!
"Mr Shanmugam’s hunch is that Singaporeans are the likely culprits"
Is PAP so disconnected with the public - that they have no real facts on the real problem on the ground and too lazy to even find and address them - that Mr Shanmugam is replying people based on hunch and accused singaporeans is the likely culprits.
PAP allow so many foreigners - without asking where they would stay ?
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Ok, maybe property prices goes up because of global warming.
Nothing to do with increase in population or demand and supply factors.
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if 500,000 foreigners opts to live in ECP private tents, guess, there will be less problem....The other day, i watched District 9, about aliens condoned into a district, guess we should also get all these 500,000 foreigners into one place, more easier to take care and be accountable, i propose put all of them in Oxley Rise,,,anyone want to second it??
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Army is also a problem.
Foreigners or PRs buying the HDB flats have the advantage to work early and younger than most singaporean male. Hence, they will tend to be more rich and accumulate more wealth. This gave them the power to buy more expensive HDB flats.
1)PRs and Foreigner are not only stealing our flats
2)They are stealing local girls who want rich guys.
3)They had already stolen our jobs since 80% of the working population is PRs or foreigners
Government side with foreigners because foreigners give singapore economy more money and government can get themselves higher pay to tax.
Possible Solutions
1)First SG people had to do is to strike on compulsory Army.
Forcing poor sg people to work poor for $500 per month is not acceptable.A government without majority of its sg people forming an army is pretty useless. Or Sg can follow Thailand and revolve for military government.
Jobs are for foreigners and army is for Sgers coffee pundits?
2)People need to rise up and select a new leader and donate to a new politic organisation to remove PAP's dictatorship once and for all...
That revolution is very unlikely to happen as singaporean are coffee pundit and very un-united.
Now almost all the minister are very united because as a member of PAP, you cannot disagree or you will be booted.
And most singaporeans are dumb coffee pundits who can't do anything or be united to stand against the government for an idea.
I am also a dumb coffee pundits... Maybe we wait until this country no longer belongs to singaporeans anymore and ruled by a foreigner president... Then maybe we will think back on history and ponder what we could have change to make it better.....
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wrong to accuse them of driving up costs, he the shanmugan is a lawyer and he sp0ke this way. There are proofs govt does drive up costs, shanmugan is making irresponsible statement.
If it is not them , then who, ghosts ah????
Why so many PAP ministers love to talk bird language????? Good for nothing world class paid ministers.
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if u r not happy, just vote for the opposition when the elections come. then they will know not to take us for granted in future.
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Unless I am given the chance to vote. You should know by now not all people are given the chance to vote.
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anothert brainless minister talking. just like masterbed. itself shiok only.
another minister ho obviously has the ruling regime interest at heart over the needs of singaporeans.
open your eyes ministers!
if there isnt any control of foreigners buying property in singaporean and 1 singaporean can only buy 1 HDB flats. how on earth the prices is climbing faster than my HDB lift elevators?
1. many singaporeans and some i known are holding on to both HDB and a private condominium. either one is use for rental.
2. the foreigners are snapping up the private condominiums and causing singaporeans to probably downgrade to HDB. it causes a spiralling effect even to the most remote of HDB flats such as jurong to spiral to almost 60% up.
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Originally posted by Ionlytalknoaction:
........te more wealth. This gave them the power to buy more expensive HDB flats.
1)PRs and Foreigner are not only stealing our flats
2)They are stealing local girls who want rich guys.
3)They had already stolen our jobs since 80% of the working ......
Does that imply that local girls are basically the same as the imported ones? .... just after rich guys
Kind Regards
Genie
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Originally posted by Jay.ho34:
anothert brainless minister talking. just like masterbed. itself shiok only.
another minister ho obviously has the ruling regime interest at heart over the needs of singaporeans.
open your eyes ministers!
if there isnt any control of foreigners buying property in singaporean and 1 singaporean can only buy 1 HDB flats. how on earth the prices is climbing faster than my HDB lift elevators?
1. many singaporeans and some i known are holding on to both HDB and a private condominium. either one is use for rental.
2. the foreigners are snapping up the private condominiums and causing singaporeans to probably downgrade to HDB. it causes a spiralling effect even to the most remote of HDB flats such as jurong to spiral to almost 60% up.
he is probably bootlicking the old heck by doing so -
Citizenships & SPRs Granted to foreigners by ICA (source: ST )
Year Citizenships SPRs
2002 7,600 39,500
2003 6,800 32,000
2004 7,600 36,900
2005 12,900 52,300
2006 13,200 57,300
2007 17,334 63,627
2008 20,513 79,167If these figures are correct, than in 2007/2008, which is in recession, there must be a huge number of unemployment or retrenchment of Singaporean that lost their jobs to foreigners in Singapore.
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at 2% unemployement now...one of the lowest in the world, show so much figures for what...get real.
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Originally posted by Wmyongj:
Citizenships & SPRs Granted to foreigners by ICA (source: ST )
Year Citizenships SPRs
2002 7,600 39,500
2003 6,800 32,000
2004 7,600 36,900
2005 12,900 52,300
2006 13,200 57,300
2007 17,334 63,627
2008 20,513 79,167If these figures are correct, than in 2007/2008, which is in recession, there must be a huge number of unemployment or retrenchment of Singaporean that lost their jobs to foreigners in Singapore.
Looking back to a report dated 30 April 2009 - the following unemployment situation can be reviewed:-
Thursday, April 30, 2009
‘Singapore job losses highest in more than a decade’
More Singaporeans are unemployed now than at any time before in the last five years. The jobless rate for Singaporeans and permanent residents hit a five-year high of 4.8 percent in March up from 3.6 percent in December, according to the Ministry of Manpower.
The overall unemployment rate, which includes foreign workers in Singapore, rose from 2.5 percent in December to 3.2 percent in March.
More than 12,000 jobs were lost in the first quarter which ended in March – the highest in more than a decade, according to Ministry of Manpower figures going back to the Asian financial crisis in 1998.
But that's not the biggest news at the moment as far as one local radio station is concerned, which is giving more coverage to the swine flu which has not yet broken out in Singapore.
Singapore's Channel NewsAsia website goes one better. It doesn't even have any reports on uenemployment or joblessness in Singapore at 1.30 pm today! A site search only turned up what labour chief Lim Swee Say had to say two days ago! And nothing about the Manpower Ministry report today!
But here's the hard news.
Employers retrenched 10,800 workers, and another 1,800 were released from their contracts early, bringing total job cuts to 12,600 in the first quarter ended in March – up from 9,410 in the last quarter which ended in December.
That's 3,000 more than the 8,890 jobs lost in the fourth quarter of 2001, the year of 9/11 and the dot-com bust, the previous worst quarterly figure for job losses.
The economy shrank a record 19.7 percent between January and March.
Some 9,000 electronics workers lost their jobs, another 2,900 workers were laid off from services and 700 from construction.
The ministry says these are only preliminary estimates.
Worryingly, it says not enough new jobs are being created to make up for the job losses.
The ministry says:
Falling external demand has severely affected the manufacturing sector where employment declined by 19,900, deeper than the 7,000 loss in the earlier quarter. Supported by a strong pipeline of building projects, construction employment grew by 8,500 in the first quarter of 2009, but lower than the gains in the earlier quarters. Services added 10,300 workers, substantially lower than before.
But it's hardly headline news as far as the Singapore radio station 93.8 is concerned. Top of the news this morning was what Deputy Prime Minister and Home Minister Wong Kan Seng had to say about what businesses should do if the swine flu breaks out in Singapore and, no, the government is not planning to close the borders as yet. The job losses were reported only at the end of the news bulletin.
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Originally posted by angel7030:
at 2% unemployement now...one of the lowest in the world, show so much figures for what...get real.
Only a dumb ass in the Taiwanese 'hum' will accept 2% unemployment as a satisfactory condition for Singaporeans, when compared to other countries.With a population of almost 5 Million in Singapore - the 2% unemployment will result in a physical number of 100,000 jobless -
What about those who are 'UNDER'-employed ?
The Taiwanese 'hum' is a typical under-employed foreigner without talent - who will sleep during the day, and operate PAPa's Bar in the night; before walking the streets in frustration looking for a plug to fill the hole in its miserable life at Level O
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angel7030,
hey prawn!!the gates at oxley rise are open to you folks anytime...just walk in and make yerselves at home.:)
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Angel, it cant be 2% unemployment in Sg as the figures dont add up.
New PR+citizen
2007 = 90,000
2008 =100,000
2009 =140,000 (estimated based on govern objective to add 40K more each yr)
Total =330,000
Unemployment @ 2%?? now? which means that Singapore has created 330K jobs over past 3 yrs! (exclude new FT who are not PR or new citizen).. I dont believe that sg has an unemployment rate of 2% which means sg has a full employment!!!
If this is true than why are so many Singaporean not employ or ppl like us who have to work oversea? To be honest, we are a lucky lot of Singaporean who are highly skill and could find job in PRC. If you think we command a high salary comparing that at home, you are absolutely wrong. Many of us probably are taking equal or lower pay than what we draw in the past.
just to be clear, no one, not me, would like to work away from home if there is a job in sg!!
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angel7030
mention he/she stay in jio chiat private house
the rich father got another private house in changi then another condo rent out
own a pub
capital sponsor by rich father
drive a new sport car
poly diploma
phd to her/him = permanent headache
all she/he mention don't know bull shit or not
acca also don't know
hong kong tax rate higher than singapore
100 k sing is groundnut
ask her/him to scan birth cert - want to know country of birth/origin - reply why must i listen to you - excuses - cos she/he always mention i from taiwan to singapore