Short but good read.
I am a big fan of Singapore and when it’s come to health, safety, taxes and business – the place is incredible.
However it is a small island and the housing market has always somewhat baffled me. This points to one of the issue which is the whole HDB, CPF and 99 year lease framework which is my mind inflates stuff that residents don’t actually own.
I suspect this topic to accelerate in getting some debate.
When the HDB story comes undone, what is the collateral damage to the PAP story?