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	<title>Comments on: Mah&#8217;s explanation does not square with HDB&#8217;s annual report</title>
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	<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/</link>
	<description>a community of Singaporeans</description>
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		<title>By: CA</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-119018</link>
		<dc:creator>CA</dc:creator>
		<pubDate>Thu, 03 Dec 2009 15:44:55 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-119018</guid>
		<description>Yup...can&#039;t believe how silly tampines people are</description>
		<content:encoded><![CDATA[<p>Yup&#8230;can&#8217;t believe how silly tampines people are</p>
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		<title>By: jiangbao</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-118863</link>
		<dc:creator>jiangbao</dc:creator>
		<pubDate>Thu, 03 Dec 2009 05:09:16 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-118863</guid>
		<description>MBT is the biggest moron ever, everything I see his face on TV, i want to spit on his face.

Best of all, how can ppl in tampines GRC continue to vote for him... I rather vote a goat into government than him</description>
		<content:encoded><![CDATA[<p>MBT is the biggest moron ever, everything I see his face on TV, i want to spit on his face.</p>
<p>Best of all, how can ppl in tampines GRC continue to vote for him&#8230; I rather vote a goat into government than him</p>
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		<title>By: isupportu</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-118696</link>
		<dc:creator>isupportu</dc:creator>
		<pubDate>Wed, 02 Dec 2009 09:51:07 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-118696</guid>
		<description>I support Mr. Mah all the way no matter what!

PAP best!</description>
		<content:encoded><![CDATA[<p>I support Mr. Mah all the way no matter what!</p>
<p>PAP best!</p>
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		<title>By: Aan</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-118191</link>
		<dc:creator>Aan</dc:creator>
		<pubDate>Mon, 30 Nov 2009 08:43:50 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-118191</guid>
		<description>Should HDB close shop? You have already achieve the target of letting most Singaporean own a flat. Things change and HDB need to change.The roles and functions of HDB need to change as tne housing needs of Singaporens change. WAKE UP HDB</description>
		<content:encoded><![CDATA[<p>Should HDB close shop? You have already achieve the target of letting most Singaporean own a flat. Things change and HDB need to change.The roles and functions of HDB need to change as tne housing needs of Singaporens change. WAKE UP HDB</p>
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		<title>By: man against the tank</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117945</link>
		<dc:creator>man against the tank</dc:creator>
		<pubDate>Sat, 28 Nov 2009 16:39:14 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117945</guid>
		<description>Mah’s explanation does not square with HDB’s annual report???
Of course it doesn&#039;t tally...Haven&#039;t you heard the Phrase :

If you can&#039;t convince them...Confuse them!</description>
		<content:encoded><![CDATA[<p>Mah’s explanation does not square with HDB’s annual report???<br />
Of course it doesn&#8217;t tally&#8230;Haven&#8217;t you heard the Phrase :</p>
<p>If you can&#8217;t convince them&#8230;Confuse them!</p>
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		<title>By: smallyfly</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117836</link>
		<dc:creator>smallyfly</dc:creator>
		<pubDate>Sat, 28 Nov 2009 04:52:21 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117836</guid>
		<description>My dear, &quot;can&#039;t stand this&quot; on nov 22nd, 2009, 4:46pm; totally agreed with you, there are plenty of smart people like sze hian who can be engaged to operate/&#039;run&#039; hdb better than the present bunch of useless, mediocre, mercenary, despicable, ungrateful and non-trustworthiness’ morons-nerds-idiots-imbeciles-mongrels-liars, who keep on lying and lying just to disguise and camouflage their real intentions in covering up their stupidities in ineffective and non-efficient monopoly of Singapore public housing. 

Fully agreed with &quot;investigation urgently needed&quot; on nov 26th, 2009, 908am, that truth needs to be made known to the public immediately, as hdb is the sole public housing agency that provide public housing to the Singaporeans in an unilateral matter, with involvement of gigantic taxpayer&#039;s money to fund the development! How mbt can just simply proclaim those figures without concrete evident to backup his claims??? This type of dishonest public announcement is an outrageous ridiculousness that should subject him to relentless public interrogations until the truth is being revealed!! Is he treating Singaporeans as morons, peasants, country-bumpkins, nerds, and idiotic imbeciles like him?

Last but not least, should hdb close down as it is no more relevant in providing “quality and affordable” public hosing to Singaporeans anymore?</description>
		<content:encoded><![CDATA[<p>My dear, &#8220;can&#8217;t stand this&#8221; on nov 22nd, 2009, 4:46pm; totally agreed with you, there are plenty of smart people like sze hian who can be engaged to operate/&#8217;run&#8217; hdb better than the present bunch of useless, mediocre, mercenary, despicable, ungrateful and non-trustworthiness’ morons-nerds-idiots-imbeciles-mongrels-liars, who keep on lying and lying just to disguise and camouflage their real intentions in covering up their stupidities in ineffective and non-efficient monopoly of Singapore public housing. </p>
<p>Fully agreed with &#8220;investigation urgently needed&#8221; on nov 26th, 2009, 908am, that truth needs to be made known to the public immediately, as hdb is the sole public housing agency that provide public housing to the Singaporeans in an unilateral matter, with involvement of gigantic taxpayer&#8217;s money to fund the development! How mbt can just simply proclaim those figures without concrete evident to backup his claims??? This type of dishonest public announcement is an outrageous ridiculousness that should subject him to relentless public interrogations until the truth is being revealed!! Is he treating Singaporeans as morons, peasants, country-bumpkins, nerds, and idiotic imbeciles like him?</p>
<p>Last but not least, should hdb close down as it is no more relevant in providing “quality and affordable” public hosing to Singaporeans anymore?</p>
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		<title>By: The Singapore Daily &#187; Blog Archive &#187; Weekly Roundup: Week 48</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117818</link>
		<dc:creator>The Singapore Daily &#187; Blog Archive &#187; Weekly Roundup: Week 48</dc:creator>
		<pubDate>Sat, 28 Nov 2009 02:31:11 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117818</guid>
		<description>[...] - TOC: Mah’s explanation does not square with HDB’s annual report [Recommended] - Diary of A Singaporean Mind: Govt helps Singaporeans by increasing property tax! - [...]</description>
		<content:encoded><![CDATA[<p>[...] &#8211; TOC: Mah’s explanation does not square with HDB’s annual report [Recommended] &#8211; Diary of A Singaporean Mind: Govt helps Singaporeans by increasing property tax! &#8211; [...]</p>
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		<title>By: patriot</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117577</link>
		<dc:creator>patriot</dc:creator>
		<pubDate>Thu, 26 Nov 2009 07:35:26 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117577</guid>
		<description>I second the Call made by Poster #104; based on the reasons and questions raised by the Commenter, there is indeed a need to investigate into the Matter.

Let&#039;s hope that the Corrupt Nimcompoop TEH CHEANG WAN&#039;s Spirit is not dwelling in the Present Parliamentarians.

patriot</description>
		<content:encoded><![CDATA[<p>I second the Call made by Poster #104; based on the reasons and questions raised by the Commenter, there is indeed a need to investigate into the Matter.</p>
<p>Let&#8217;s hope that the Corrupt Nimcompoop TEH CHEANG WAN&#8217;s Spirit is not dwelling in the Present Parliamentarians.</p>
<p>patriot</p>
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		<title>By: patriot</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117575</link>
		<dc:creator>patriot</dc:creator>
		<pubDate>Thu, 26 Nov 2009 07:26:31 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117575</guid>
		<description>Do pardon me for poor reading of superficiality, i thought the Photograph of Minister Mah here makes him look like a very kind and friendly person. Why are most netizens so cynical of his ability and credibility?????

patriot</description>
		<content:encoded><![CDATA[<p>Do pardon me for poor reading of superficiality, i thought the Photograph of Minister Mah here makes him look like a very kind and friendly person. Why are most netizens so cynical of his ability and credibility?????</p>
<p>patriot</p>
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		<title>By: Investigations Urgently Needed</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117506</link>
		<dc:creator>Investigations Urgently Needed</dc:creator>
		<pubDate>Thu, 26 Nov 2009 01:08:36 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117506</guid>
		<description>CPIB and CAD should investigate into the HDB loses immediately without delay.

Something could be amiss. Very suspicious. I still remember the late Minister of National Development, Teh Cheng Wan&#039;s suicide case - he committed suicide when CPIB was investigating him with regards to corruption.

How can HDB lose money when

1. It is the monopoly of the public housing, 
2. It utilises cheap land grabbed from powerless owners at peanuts
3. It gete the cheapest tenders to build the flats, 
4. It sells them at ever-rising prices, 
5. It has the power to make rules and regulations at its whims and fancies and strictly implemented them to the letter.
6. It gets grants and subsidies from the Ministry of Finance.
7. It is administered and managed by top scholar talents and supervised by a Multi-Millionaire Minister and a &#039;superb&#039; Permanent Secretary, who are being paid the world&#039;s highest salary for their &#039;outstanding qualities&#039;, as &#039;justified&#039; by MM Lee during a Parliament debate on paying ministers and top civil servants obscene millions of dollars salary to prevent from going corrupt.

For the sake of the nation and the common people, the taxpayers, the HDB dwellers, the Accountant General&#039;s Office should also take it upon himself to look deeply and thoroughly into the account books of the HDB and the MND without delay. It should not close both eyes and both ears, pretending it cannot see and cannot hear anything. 

THE PEOPLE ARE SHOUTING VERY LOUDLY! 
 
INVESTIGATE! INVESTIGATE! INVESTIGATE!</description>
		<content:encoded><![CDATA[<p>CPIB and CAD should investigate into the HDB loses immediately without delay.</p>
<p>Something could be amiss. Very suspicious. I still remember the late Minister of National Development, Teh Cheng Wan&#8217;s suicide case &#8211; he committed suicide when CPIB was investigating him with regards to corruption.</p>
<p>How can HDB lose money when</p>
<p>1. It is the monopoly of the public housing,<br />
2. It utilises cheap land grabbed from powerless owners at peanuts<br />
3. It gete the cheapest tenders to build the flats,<br />
4. It sells them at ever-rising prices,<br />
5. It has the power to make rules and regulations at its whims and fancies and strictly implemented them to the letter.<br />
6. It gets grants and subsidies from the Ministry of Finance.<br />
7. It is administered and managed by top scholar talents and supervised by a Multi-Millionaire Minister and a &#8217;superb&#8217; Permanent Secretary, who are being paid the world&#8217;s highest salary for their &#8216;outstanding qualities&#8217;, as &#8216;justified&#8217; by MM Lee during a Parliament debate on paying ministers and top civil servants obscene millions of dollars salary to prevent from going corrupt.</p>
<p>For the sake of the nation and the common people, the taxpayers, the HDB dwellers, the Accountant General&#8217;s Office should also take it upon himself to look deeply and thoroughly into the account books of the HDB and the MND without delay. It should not close both eyes and both ears, pretending it cannot see and cannot hear anything. </p>
<p>THE PEOPLE ARE SHOUTING VERY LOUDLY! </p>
<p>INVESTIGATE! INVESTIGATE! INVESTIGATE!</p>
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		<title>By: Karma went on Exile</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117479</link>
		<dc:creator>Karma went on Exile</dc:creator>
		<pubDate>Wed, 25 Nov 2009 14:22:09 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117479</guid>
		<description>Who is the chief architect who came up with these policies?
singaporeans should know the name of this person.
Is it just MBT or are perm secs involved?
sorry for my ignorance.</description>
		<content:encoded><![CDATA[<p>Who is the chief architect who came up with these policies?<br />
singaporeans should know the name of this person.<br />
Is it just MBT or are perm secs involved?<br />
sorry for my ignorance.</p>
]]></content:encoded>
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		<title>By: Kumbran Sokai</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117444</link>
		<dc:creator>Kumbran Sokai</dc:creator>
		<pubDate>Wed, 25 Nov 2009 08:16:53 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117444</guid>
		<description>96) Dong Fang Zhi Foo on November 24th, 2009 11.53 pm
&quot; I never underestimate these talents after getting a shock of my life that there are now so many new citizens. Almost caught me by surprise.&quot;

Ya. these are really getting so many talents to serve them to come up ideas and strategies.

1. new citizens. How does this affect the trend of increasing opposition support base?

2. NMP scheme. How will this affect those of their supporters who have become middle voters?  

3. Philip J appointment : ditto point 2.

Before we know it, it may be Game Over. As time goes by, so many more have come in and counting.

Oh by the by, Chiam is getting so old liao. 
Can new citizens choose to live in opposition wards? 
How would boundaries be drawn?

What else to come? 

Come, lets come together.</description>
		<content:encoded><![CDATA[<p>96) Dong Fang Zhi Foo on November 24th, 2009 11.53 pm<br />
&#8221; I never underestimate these talents after getting a shock of my life that there are now so many new citizens. Almost caught me by surprise.&#8221;</p>
<p>Ya. these are really getting so many talents to serve them to come up ideas and strategies.</p>
<p>1. new citizens. How does this affect the trend of increasing opposition support base?</p>
<p>2. NMP scheme. How will this affect those of their supporters who have become middle voters?  </p>
<p>3. Philip J appointment : ditto point 2.</p>
<p>Before we know it, it may be Game Over. As time goes by, so many more have come in and counting.</p>
<p>Oh by the by, Chiam is getting so old liao.<br />
Can new citizens choose to live in opposition wards?<br />
How would boundaries be drawn?</p>
<p>What else to come? </p>
<p>Come, lets come together.</p>
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		<title>By: Realist</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-3/#comment-117417</link>
		<dc:creator>Realist</dc:creator>
		<pubDate>Wed, 25 Nov 2009 06:20:54 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117417</guid>
		<description>If I built flats for 80% of the population, selling them at prices which is amongst the highest in the world and yet I am losing money, than I must be a stupid, incompetent business man.  Really from the business perspective this is unbelievable. It just does not add up. Something is rotten.</description>
		<content:encoded><![CDATA[<p>If I built flats for 80% of the population, selling them at prices which is amongst the highest in the world and yet I am losing money, than I must be a stupid, incompetent business man.  Really from the business perspective this is unbelievable. It just does not add up. Something is rotten.</p>
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		<title>By: fpc</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-2/#comment-117370</link>
		<dc:creator>fpc</dc:creator>
		<pubDate>Wed, 25 Nov 2009 00:45:56 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117370</guid>
		<description>There was a lot of talk many years ago about the high taxation policies of foreign government and that our govt policies are responsibility.

Yet, we are made to support high hdb prices which effectively is a tax.

The high prices were driven by PR and reducing supply of HDB flats.

all of these policies are the result of Govt obstinancy to hold on to power which drive Singaporeans away.

PAP is now a liability. A very big one.</description>
		<content:encoded><![CDATA[<p>There was a lot of talk many years ago about the high taxation policies of foreign government and that our govt policies are responsibility.</p>
<p>Yet, we are made to support high hdb prices which effectively is a tax.</p>
<p>The high prices were driven by PR and reducing supply of HDB flats.</p>
<p>all of these policies are the result of Govt obstinancy to hold on to power which drive Singaporeans away.</p>
<p>PAP is now a liability. A very big one.</p>
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		<title>By: ApApA</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-2/#comment-117363</link>
		<dc:creator>ApApA</dc:creator>
		<pubDate>Tue, 24 Nov 2009 17:25:56 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117363</guid>
		<description>Secrecy act to keep Singapore politicians&#039; assets in the dark should be abolished!  Dont wait until the old man dies, it will be too late!

ALL MPs, NMPs and opposition members, we need you to push this through!</description>
		<content:encoded><![CDATA[<p>Secrecy act to keep Singapore politicians&#8217; assets in the dark should be abolished!  Dont wait until the old man dies, it will be too late!</p>
<p>ALL MPs, NMPs and opposition members, we need you to push this through!</p>
]]></content:encoded>
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		<title>By: passer-by</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-2/#comment-117358</link>
		<dc:creator>passer-by</dc:creator>
		<pubDate>Tue, 24 Nov 2009 16:17:14 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117358</guid>
		<description>Perhaps HDB has always known of the supply crunch, but allows such &#039;problem&#039; to roil on so that prices will escalate upward, and that when enough price engineering are done, they would release fresh supplies to the market which would then be peg at higher and inflated price levels. 

Selling the same stuff for more $$$. 

To rub it in further they can also find an excuse to increase property tax.

Again for the same stuff and out of no where you get to pay more $$$.

That&#039;s just my conspiracy theory.</description>
		<content:encoded><![CDATA[<p>Perhaps HDB has always known of the supply crunch, but allows such &#8216;problem&#8217; to roil on so that prices will escalate upward, and that when enough price engineering are done, they would release fresh supplies to the market which would then be peg at higher and inflated price levels. </p>
<p>Selling the same stuff for more $$$. </p>
<p>To rub it in further they can also find an excuse to increase property tax.</p>
<p>Again for the same stuff and out of no where you get to pay more $$$.</p>
<p>That&#8217;s just my conspiracy theory.</p>
]]></content:encoded>
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		<title>By: justkaypoh</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-2/#comment-117355</link>
		<dc:creator>justkaypoh</dc:creator>
		<pubDate>Tue, 24 Nov 2009 15:59:38 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117355</guid>
		<description>Chiam See Tong questions in parliament were not publish in Straits Times, anybody has any news on this?</description>
		<content:encoded><![CDATA[<p>Chiam See Tong questions in parliament were not publish in Straits Times, anybody has any news on this?</p>
]]></content:encoded>
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		<title>By: Dong Fang Zhi Foo</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-2/#comment-117353</link>
		<dc:creator>Dong Fang Zhi Foo</dc:creator>
		<pubDate>Tue, 24 Nov 2009 15:53:14 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117353</guid>
		<description>I never underestimate these talents after getting a shock of my life that there are now so many new citizens. Almost caught me by surprise.

These people can strategise.

Before you know it, Bam!

I wonder whats all these new policies gonna affect my future? more  policies to come?</description>
		<content:encoded><![CDATA[<p>I never underestimate these talents after getting a shock of my life that there are now so many new citizens. Almost caught me by surprise.</p>
<p>These people can strategise.</p>
<p>Before you know it, Bam!</p>
<p>I wonder whats all these new policies gonna affect my future? more  policies to come?</p>
]]></content:encoded>
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		<title>By: FG</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-2/#comment-117341</link>
		<dc:creator>FG</dc:creator>
		<pubDate>Tue, 24 Nov 2009 13:04:04 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117341</guid>
		<description>This is the kind of minister that will lead Singaporeans to higher costs and greater debts. Now he said 10-12000 flats will be built every year for the next 20 years. Do you believe his good intention? I think gov will bulit 12000 flats but they will open the floodgates wider to welcome more foreigners to become PR and citizens and take up this excess. Depessing our wages and spurring costs. 

Remember the Government over built the too many flats in 2000-3 with 10000 flats to spare that nobody wants because they anticipate HKgers migrating to Singapore in 1997. Bad judgement and Singaporeans critise the gov and MBT! End up they open the flood gates for any foreigners to absorbed these flats and rapidly cut down the production of flats and sale price and also introducing BTO schemes and caused a supply glut. They also actively encouraged FT to become PR and citizenship by making it easier for them to buy HDB flats. 

People are complaining at present about the huge influx of foreigners and short supply of HDB flats. Now in order to justify keeping the gates wide open the gov will ensure HDB flats building process will ramp up next year and balance the supply with demand from new PR and citizens so that no oversupply will happen and at the same time help increase our population growth to 6.5 million in 20 years. This will make most Singaporeans shut their mouth since fixed asset property is our greatest wealth asset which nobody want to see a drop in value due to an oversupply of 12000 flats each year. The rules did not change just the numbers only.

The policy is not building more and more flats but cramp down on the way flats are valued by valuators and speculative behaviours by agents and the price of a new flat. If the Gov opent wide the immigration influx this will continue to push up demand for housing, control this source. Have more 3 room and 4 room flats to cater to smaller famiiy unit and have higher property tax for HDB dwellers who rent out their whole unit and stayed with their parents/family members or condos.</description>
		<content:encoded><![CDATA[<p>This is the kind of minister that will lead Singaporeans to higher costs and greater debts. Now he said 10-12000 flats will be built every year for the next 20 years. Do you believe his good intention? I think gov will bulit 12000 flats but they will open the floodgates wider to welcome more foreigners to become PR and citizens and take up this excess. Depessing our wages and spurring costs. </p>
<p>Remember the Government over built the too many flats in 2000-3 with 10000 flats to spare that nobody wants because they anticipate HKgers migrating to Singapore in 1997. Bad judgement and Singaporeans critise the gov and MBT! End up they open the flood gates for any foreigners to absorbed these flats and rapidly cut down the production of flats and sale price and also introducing BTO schemes and caused a supply glut. They also actively encouraged FT to become PR and citizenship by making it easier for them to buy HDB flats. </p>
<p>People are complaining at present about the huge influx of foreigners and short supply of HDB flats. Now in order to justify keeping the gates wide open the gov will ensure HDB flats building process will ramp up next year and balance the supply with demand from new PR and citizens so that no oversupply will happen and at the same time help increase our population growth to 6.5 million in 20 years. This will make most Singaporeans shut their mouth since fixed asset property is our greatest wealth asset which nobody want to see a drop in value due to an oversupply of 12000 flats each year. The rules did not change just the numbers only.</p>
<p>The policy is not building more and more flats but cramp down on the way flats are valued by valuators and speculative behaviours by agents and the price of a new flat. If the Gov opent wide the immigration influx this will continue to push up demand for housing, control this source. Have more 3 room and 4 room flats to cater to smaller famiiy unit and have higher property tax for HDB dwellers who rent out their whole unit and stayed with their parents/family members or condos.</p>
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		<title>By: tiredsingaporean</title>
		<link>http://theonlinecitizen.com/2009/11/mahs-explanation-does-not-square-with-hdbs-annual-report/comment-page-2/#comment-117339</link>
		<dc:creator>tiredsingaporean</dc:creator>
		<pubDate>Tue, 24 Nov 2009 12:53:46 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=16648#comment-117339</guid>
		<description>we got so many international bodies and watchdogs being set up to look after so many things going around the world, funny thing there is not even one international watchdog being set up to check on how much politicians are being paid and how much assets do they actually possessed legally inside and outside of their own country.</description>
		<content:encoded><![CDATA[<p>we got so many international bodies and watchdogs being set up to look after so many things going around the world, funny thing there is not even one international watchdog being set up to check on how much politicians are being paid and how much assets do they actually possessed legally inside and outside of their own country.</p>
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