"Ask not what your country can do for you, but what you can do for your country," JFK (1961), he spoke of the need for all Americans to be active citizens. Active Singaporeans? I don't think JFK meant exercise active. Are Singaporeans active, say politically?
I will stop here, less I get deported, being a foreigner (from the land 50km North).
However, as an Govt elected by it's citizens, it cannot totally ignore the citizen's cries for a better live. Cost like public housing,transport and utilities are stretching it's citizens resources thin even when policies allows for pro-business envrioment... something will eventually give way. The question is should it be the Govt vast coffers or it's citizens to take the brunt of it.
It is getting very interesting with so many people putting up controversial points for discussion. We debate about Health care, then Public housing and now employment. We are like in the Parliament, don’t we? Elites trying to defense the policies while the Oppositions try to overturn it.…Hahaha.
My Friend went to Job Fair last year. He is 28 years old and had just completed his basic degree. He wanted to join the Arm force. He first went to the Police booth, then the Air force and lastly the Army. He was rejected by all three, reason given was over age, cut off age is 27. When my friend asked why cut off at 27, the unanimous answer was “Older Man can’t keep up with the physical”. But my friend is an athlete, he clocks below 8 minutes for 2.4 and do a minimum of15 chin up.
Government is one of the biggest employer and is practicing preferential selection, I can’t see why others employers are not following. This may also explain why, in the newspapers, it is common to see job advertisement which says: below 25 years old, Mandarin speaking and Female.
In unionized countries, you will be in deep troubles if you can’t proof rigorously why 25 years and older, non mandarin speaking and a male can’t do the same job.
The garment is also not keen to create jobs for Singaporeans. Why I say that?
Driverless North-East Line.
Train fare more expensive than SMRT.
Cost more to build.
Cost more to maintain.
Cost more to operate.
Prone to technical problems.
Is your close friend a prison warrant officer? If I remember correct, my friend was told to join the Prison warrant, but he does not have an honour degree. They pay First Class and second class differently and you can’t join the officer rank if you do not have an honour degree, right?
Last edited by Silence Sky; 11th November 2006 at 11:33 AM.
From what i know there are 2 kinds of officer grade. If you have a normal degree, you're eligible for Inspector rank. If you have an Honours Degree (second upper and above) then you get Asst Superintendent rank.
I think Singapore wldn't allow old flats to remain for too long, since it may actually cost more to maintain them as opposed to rebuilding them for a higher market value, even for owners.
This is especially since older flats tend to be on prime land. For example, the condos around where i stay (Tiong Bahru) can easily sell for $1 million per unit (by comparison, new HDB flats there cost $350 if you're new buyer and $450 if you buy resale); i don't think the govt wans to keep 30 yr old flats with low market value there.
In 1970, a 4 room flat cost $20,000
In 2000, a 4 room flat cost $180,000
Above firgures cited from: http://en.wikipedia.org/wiki/Housing_Development_Board.
Mr A. Median household income 2000 is $ 3607 (figure cited from Wikipedia), average cost of 4 rm $180,000
Mr B. Median household income 1975 is $ 850 (my own estimation), average cost of 4 rm $25,000
Assuming 20% of the income is used to service housing loan at 2.6% interest.
Mr A will take 30 years to service the loan.
Mr B will take 15 years to service the loan.
If A and B both started off at age 30 and retire at 60.
Mr A will have no time to build his nest egg.
Mr B, on the hand, has another 15 years to build his nest egg.
I find this worrying. the garment sounded the alarm as early as 2002 and we are still pretending to be deaf.
Garment raised the official retirement age from 55 to 62, and recently went on to say work for as long as you can.
Remember home ownership is one of the cornerstones in government policy?
Today’s Straits Times: More rental flats to be built to help the poor families.
Last edited by Silence Sky; 11th November 2006 at 04:31 PM.
Last edited by Silence Sky; 12th November 2006 at 10:25 AM.
I think it is right that our oldest estate is about 40 years old.
If CYRN has got it right, there is no resetting of lease when you purchase a resale flat, then what is going to happen to a 25years old chap who bought a 40 years old resale flat?
If this chap lives up to the age of 86, he’s going to be kicked out of the flat, wouldn’t he?
2) I believe the abv sentence should be "If your flat tenure is left with 30years or less, the banks will not provide loan."
3) At the moment there is no flat under this category as yet.
4) Most of these flat buyers will not be in dat situation, before they reach the above mention, as most of them will be hit by SERS.
5) If your flat is really dat old just prepare for SERS no need to think abt resale and SERS get ready your reno contractor to do up your brand new home!