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Posts Tagged ‘Ministry of National Development’

From conception to death, the PAP looks after S’poreans

In Property on 08/05/2017 at 10:15 am

It’s juz that some are ingrates.

Let me explain.

More than 80% of Singapore’s resident population live in HDB flats https://data.gov.sg/dataset/estimated-resident-population-living-in-hdb-flats.

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Btw too bad we are not in this survey http://www.bbc.com/news/world-39512599. In China 70% of millennials are homeowners, and I’m sure we are pretty close to that figure.

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So you would think that

— After the MND minister double confirming that when the leases for HDB flats run out, they have to be returned to the state; and

— Chris K and others (self included) asking “So waz this BS about asset enhancement?”

you’d think he and the PAP will be running scared.

No so.

He turns around and says HDB “good store of value”. Huh  “good store of value” when zero value in 99 yrs is the response from Chris K and the others (self included).

What weed is he smoking? The Minister for pets and police should investigate?

But there’s a logic to this complacency (or madness?) about this self-perpetuating machine.

Let’s come back to the fact that more than 80% of Singapore’s resident population live in HDB flats, means that most young S’poreans were and will be conceived (Queen Jos’ comments on sex in confined spaces), born and grow up in HDB flats.

Then when they grow up and get married:

“Take for instance a 30-year-old couple, with a combined monthly income of S$5,000, looking for a resale flat in Woodlands near their parents. They can get up to S$75,000 in grants off the resale flat price, and should easily afford a flat with a lease of 90 years.

“Thirty-five years later, the couple will be 65 and the remaining lease of the flat will be 55 years. They still have an asset which can be monetised for retirement,” he said.

He also noted that elderly couples can opt to sell their flat and “right-size” to a two-room Flexi flat with a shorter lease, to enjoy the Silver Housing Bonus of S$20,000 in cash and use their sale proceeds for their retirement.

Those who prefer to stay in the same flat can apply for the Lease Buyback Scheme and sell part of the remaining lease back to HDB, Mr Wong said. They also have the option to rent out a room, he added.

These examples are simple, but typical of many HDB households, he said.

“The general point is that the HDB leasehold flat is not only a good home, but also a nest-egg for future retirement needs. That’s what we have achieved and that’s what we will continue to ensure – both now and in the future.”

Either CNA or Today


Lease Buyback Scheme offers value: really

Even TOC (writer Chris Kuan contributing) says “The reply by Housing Development Board (HDB) on resale prices and Lease Buyback Scheme (LBS) sums don’t seem to add up to resale buyers overpaying.” https://www.theonlinecitizen.com/2017/04/28/hdb-reply-on-resale-prices-and-hdb-lbs-example-show-resale-buyer-are-not-overpaying/

The LBS is value for money, is what Chris K wrote. Err wondering if Terry knew what he was publishing: a pro PAP piece?

Comparing HK to S’pore

Caveat: [Lease Buyback Scheme]  suffers from the same problem as CPF Life — opaque internal workings & computations and subject to unannounced changes in computations & internal assumptions. E.g. CPF Life internal annuity calculations have changed a couple of times since it launched — the monthly payouts as calculated by the CPF Life calculator has changed even with same parameters in just a few short years. Previously, the Basic CPF Life option was the better no-brainer choice. Now the default Standard CPF Life is arguably better with a significantly higher quantum in monthly payouts. Imagine those old folks that took up the Basic plan earlier…

Article


What us critics* are missing is that the HDB system is a self-contained eco-system for the people living in it. One is born into it, grows up within it, reproduces and nurtures the next generation of HDB dwellers, and dies within it. But’s it’s an escapable system if one wants to leave it; private housing, migrating.

So no surprise, 70% of voters vote PAP. They realise (and are grateful) that the PAP looks after them from the moment of conception to death. And beyond because there are places for urns too even if these are not exactly inside in the ecosystem. Meanwhile, normal people (even professionals) in London, Vancouver cannot afford to get on to the property ladder.

And the balance who don’t vote PAP but live within the system (about 10 points) are ingrates. But what to expect? They don’t even donate funds to keep TRE (their online home) going.


*But to be fair to Chris and me, we are not part of the eco-system.

 

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Minister wants his cake and eat it/ PAP doesn’t get the Internet

In Internet, Political governance on 26/09/2016 at 5:24 am

But first what the PAP doesn’t get about the Internet :

In this internet era where many are literate, the government and their ministries are still assuming that people reach out to them to get info, which are already available on the net. It’s time they learn that the public reach out to them to get action, solution not info.

Coming back to the minister, my avatar responded to a post by Daniel Yap of TMG who had responded to a minister’s BS excusing his failure (“We can’t do miracles”) (Btw, my post on Accountability the PAP way posted yesterday)

Nope. A govt that tries to micromanage and social engineer its citizens has to accept that the other side of the coin “is the expectation that the G can make anything happen. LOL”.

Daniel Yap had posted

One of the side effects of big government is the expectation that the G can make anything happen. LOL

Image may contain: tree, sky, plant, outdoor and nature

Tan Chuan-JinLike Page

Some of you ask me about issues we deal with. This is one. We have an ongoing dispute between two neighbours about a tree between their two properties. W asked

See More

Two other good comments were

Our G wants us to think like consumers during elections with “vote us to get…”; but after elections, they want us to think like citizens in term of a civil society? It’s very hard to do so. 🙁

There is an expectation that the G comes in and lay down the law instead of mediate. Instant results over dialogue, understanding, and trade offs.

And
Too bad, PAP founders created the myth, now they can’t keep up.
Then there was this really totful comment about how MND works and how the internet has changed people’s expectations (People want action, solutions, not info):

There are lots of areas that the public assume the authorities are in control but they are not even monitoring at all. That leads to the great disillusion when the public realise their government ineffectiveness.

Worse, recently i heard MND’s intention to decentralise control and the joke is they delegate the jobs to those not qualified… nearly fainted when i heard their rationale. It’s incredible, their assumption and naivety.

MND should set up its own “police team” to manage all building related disputes, be it involving developers, contractors, owners, tenants etc. Many people are resorting to MPS and SPF that cant do a thing, wasting MP resources, reducing the SPF to mere scouts, trying to pacify and take notes and exasperating the affected residents.

In this internet era where many are literate, the government and their ministries are still assuming that people reach out to them to get info, which are already available on the net. It’s time they learn that the public reach out to them to get action, solution not info. TCJ needs to feedback to MND to get its house in order, all the loopholes covered and manage all these issues proactively. It’s meaningless to go through these again and again. Imagine 81 MPs handle 10 such cases each, thats 810 weekly…

Where the PAP is wrong, seriously wrong

In Political governance on 02/07/2015 at 4:51 am

One Harry believed that democracy held back growth, citing PinoyLand and India (He could cite Greece if he were alive). His son said that if S’poreans voted too many opp MPs in, he’d be too busy fixing them (Think Aljunied town council though to be fair Auntie and her Sikh failed to notice that the managing agent wasn’t keeping proper accounting records*, thereby allowing the PAP to make all kinds of allegations.) to grow the economy.

They and their PAP would say:

GDP growth in [China] at an average of 10% over the past decade, has easily outpaced that of its democratic emerging-market rivals. India saw annual growth of 6% over the same period; Brazil, just 2%.

In other words: democracies grow slowly; non-democracies grow quickly.

In 1994 Torsten Persson of Stockholm University and Guido Tabellini, then of the University of Brescia, published a paper that argued that in democracies, vote-hungry politicians divert resources away from people who could use them more efficiently by lavishing spending on their constituents in the form of unemployment benefits and pensions. This and political gridlock, another unfortunate aspect of democracy, both tend to slow growth. Another paper published in 1994, by Robert Barro of Harvard University, analysed data from some 100 countries before concluding that the “effect of democracy on growth is weakly negative”

http://www.economist.com/news/finance-and-economics/21656211-democracy-it-turns-out-good-growth-after-all-have-your-cake-and-eat-it

The Economist, Hard Truths’ more liberal (legalise the use of marijuana and other drugs, allow gay marriages), compassionate (no death sentences) and sophisticated cousin (feed the poor to grow the economy, shumething the PAP is finally adopting to increase its share of the votes), reports on new research that challenges this …. The paper uses a huge dataset (175 countries over fifty years) and makes a number of statistical improvements (that are explained in the column) and concludes that “democratisations” (ie, when a country becomes democratic) improves living standards substantially. As the piece notes:

They find that a “permanent” democratisation—where there is no slide back into autocracy—leads to an increase in GDP per person of about 20% in the subsequent 25 years.

Pro-democracy activists may not get that excited: few fling themselves into campaigning for self-determination in order to boost GDP. But freedom and growth make for a pretty unbeatable combination.

Interesting the piece is entitled “Have your cake and eat it”.

Err we S’poreans can have democracy and a better material life; juz like our millionaire ministers can combine public service with serious money.

As Thomas Piketty, the French economist and rock star asks,  “It’s OK to pay someone 10, 20 times the average worker’s salary but do you really need to pay them 100 or 200 times to get their arses in gear?” Related post ttps://atans1.wordpress.com/2015/06/27/only-in-america-personal-kpi-for-ministers/t:

But if we have democracy, they’ll not be able to have their cake and eat it.

So that’s the real reason why they hate democracy?

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*Why didn’t it keep proper accounts and why didn’t Auntie and PritamS notice the lack of accounting documentation? These are legitimate questions. No need to allege this or allege that. Just ask these questions and see the response. Taz how incompetent the PAP administration and MND can be.

AHPeTC: Sadly PAP IB gets it right

In Political governance on 23/11/2014 at 9:35 am

It’s with sadness and sorrow that I have to agree with The Fabrications about the PAP, the purveyor of night-soil and other garbage about the WP, other oppo parties and anyone who disagrees with the PAP*. This was posted late yesterday on facebook:

Today Pritam Singh & Png Eng Huat issue a statement saying nothing meaningful, repeating the same line that they “are looking into the S&CC arrears data”. What it means is AHPeTC are still taking its time to manually sort and count the data from the 55000 households.

They said they “will respond to the query on the financial and arrears situation in due course.” Well, the 70% residents still paying to subsidise the non-paying ones, Why Pay? AHPeTC can expect to get your payment in “due course” too.

Meanwhile, all tax-payers are paying to cover the shortfall in AHPeTC through the MND S&CC grant and S&CC GST Subvention grant, why should we pay if AHPeTC can manage with 30% less collection.

2012, Sylvia Lim said WP will pay special attention to address arrears problem.

April 2013, they report sudden spike in arrears, then immediately stop reporting.

Oct 2014, arrears red flag again. They now say “let us check, let us check”, “be patient”

WTF!!???

The fact that the WP cannot assure that the arrears position has improved since March last year is worrying.

And having to take so long to give an answer to the allegation of a collection problem in the first quarter of last yr is doubly worrying. My Facebook avater (now barred from commenting on TOC’s Facebook again) posted (Apologies for his bad grammar) on Soul of S’pore

Having been an Hon Treasurer of members club where members bills were between $600-1,000 monthly, with only a full time accounts clerk and outsourced accounting systems supporting the GM, I always got an explanation for the arrears position as a matter of routine. That WP TC has to look into the details before answering is itself worrying. Whatever happened to the routine mgt accounting systems? Three months and more arrears should be routinely flagged and monitored.

Btw, readers might like to know that the chairman of the club then was a PAP MP. He never bothered me with financial queries. He left me to do my job and I didn’t let the members down. Maybe the WP left everything to Tai Vie Shun (alleged to be FT from M’sia)? Cze and Alex Au fingered him in HawkerGate. https://atans1.wordpress.com/2013/07/14/will-tai-do-a-yaw-cut-run/

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*PAP denies anything to do with FATPAP but https://atans1.wordpress.com/2014/10/27/a-pap-mp-and-the-internet-brigade/

PAP voter stops paying S&C charges to force out WP/ Oppo supporters shld imitate?

In Uncategorized on 14/11/2014 at 4:16 am

In response to this, the following was posted by someone who it seems voted for the PAP in Aljunied and who refuses to accept the election result and refuses to pay his S&C fees:

I am an Aljunied resident living with my parents. Lately, due to some disagreements I had with the TC, I have been asking my parents not to pay the S&C fees. My reasoning is simple. Why should we pay to an administration body that we did NOT vote for??? Let those people who voted for them pay for them.

I can only imagine the sheer number of people who feels the same way. I hope these people continue to withhold payment and hopefully we can shame the Workers Party out of parliament.

Why can’t Aljunied have a “normal” and competent town council like other constituencies??

Someone responded

‘why should I pay for a TC that I did not pay for?”

Wow..by that very same logic, then 40% of us can also stop paying for all our taxes to a govt that we didn’t vote for lah! Apparently PAP voters are even more nincompoop.

By the way, SMRT during Saw Phiak Hwa’s time also boasted a good corporate governance. What shit does that do for the consumers in terms of service and safety delivery?

But I’ll leave the last word to the PAP voter.

Don’t be stupid. When did I say you can don’t pay your taxes? I’m talking about S&C charges, paid to a party-run town council. NOT taxes, which is paid to IRAS, a non-partisan statutory board. The two are DIFFERENT things. IRAS will always be around, regardless of who governs. PAP does not own IRAS. But AHPETC (what a stupid acronym) will be gone once Worker’s Party is voted out. Please don’t compare apples and oranges. Clear??

Wonder if he has cleared this with the chairman of the PAP, who is also the MND minister. Or is he like Jason Chua of Fabrications about the PAP, both disowned by the PAP yet where a PAP MP has “pull”.

I reproduce the MND grading so that readers can decide if the WP estate is as well run or worse than a PAP one.

 

 

Arrears collection, governance: Aljunied voters will decide

In Political governance on 06/11/2014 at 5:59 am

So, the bureaucrats in a ministry (MND) in the PAP administration failed the one and WP town council in two KPIs devised by said bureaucrats and the governing party: arrears collection and governance.

As far as governance, the issue is a very technical accounting issue (which may or may not have financial implications, that may be serious or not)  and the WP is playing hard ball. But then wimps* too sometimes have their boiling points. And whatever the PAP and stooges allies may say, this “red” card doesn’t affect the daily lives of residents.

As to the issue of arrears collection, the charge by MND is that the “sharp decline” in the S&CC arrears situation in AHPETC as being “of grave public concern”. Aljunied’s S&CC arrears rate rose from 2.6% in FY10 to 8.4% in FY11 and FY12, after Aljunied merged with Hougang. This was significantly above the national norm of about 3%, the MND noted.

The arrears rate rose further to 29.4% at the end of April 2013. “From May 2013, the TC stopped submitting its monthly S&CC arrears report altogether, despite repeated reminders.”

Well going by the figures, there seems to a serious arrears problem. The issues are is it a serious problem and if so why has it arisen, are steps necessary to bring it down, and are they being taken. The WP should explain and not simply repeat a variation of Low famous saying, by asking “Problem? What Problem?”

But at the end of the day, if the people the GRC, especially those who are paying their bills regularly, are willing for the community to bear the costs resulting from a 30% arrears situation so be it. After all, the people in Hougang have had to put up with the financial costs of voting WP despite paying their fair share of national taxes.

Maybe on this issue, the residents may not to be like the residents of Potong Pasir, MND also indicated that Potong Pasir Town Council, which reverted back to PAP control after 2011 GE, has improved its S&CC collections. Its arrears management improved from 4.2% last year to 3.7% this year. That means presently, a smaller number of households in Potong Pasir are owing conservancy charges to the town council.

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*TRE post

sr:

We as paymasters elected WP mps to represent n voice our daily concerns in parliament

When WP has 1 or 2 mps we have charitably forgive their failures year I year out

No more excuses when they have close to 10 MPs

Either they perform or we as their paymaster boot them out with another opposition team

How many more years we can wait WP provide real check n balance or instal new govt to steer Singapore back to right direction to SERVE Govern in best interest of all Singaporean