Singapore Budget Set to Focus on Living Costs in Transition Year

Bloomberg02-16

Back-to-back fiscal surplus may be in cards: Bloomberg surveySmooth leadership handover also expected by analysts(Bloomberg) — Singapore will likely seek to defray living costs and support retrenched ...

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Comments

  • Deshost
    02-16
    Deshost
    There are 2 pressing issues that I would like to share my view, namely public housing and government agencies cost control. 1. Public housing. Has anyone in the relevant authority consider or relook at the policy of artificially pricing of new flats via various subsidy that indirectly affect the supply and demand of such flats esp when the owners are quick to resell the flats after the 5 yr MOP for 'gain' from the subsidized price which can be substantiality lower than the si called open market price.  A relook at the MOP and high subsidy giving prior consideration to the control of housing inflation rather than political aims of artificial affordability of such subsidized housing prices. Eg. Putting a cap on the total subsidy vis-a-vis percentage cap of the prevailing
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