Anyone ever stopped to ask what is going on here? From the World Bank Development Indicators 2013, the population of Singaporean citizens is 3,313,500. From the HDB annual report 2013, the number of dwelling units it currently owns is 1,044,466 units (1,040,515 HDB units and 3,951 DBSS units). And 83% of the population live in HDB flats. That means that 2,750,205 singaporeans live in a flat. However, from the HDB annual report 2013, the average number of residents per unit is 3.34. Therefore, if there are 2,750,205 Singaporeans living in HDB flats, and the average number per unit is 3.34, than Singaporeans are only occupying 823,415 flats. There are therefore 221,051 extra flats out there occupied by non citizens of Singapore!! Yet, Why are more needed, and why is there always a shortage of flats?
The answer cannot be because of the large numbers of cheap labour FTs who require flats to live in. FDWs live in the flat with their employers, so they don’t take up or require new flats to be build for them. More than 200,000 workers are Malaysians who commute back and forth between JB and Singapore to work or study every day, so they are not users of HDB flats. Low cost labour, construction workers, factory workers, usually live in dormitories or on the contruction job site. So, its not for them either.
You can tell from these numbers that if there the HDB has more than enough flats for all Singapore citizens. Yet more and more are being build. The answer is that they are being build for fake talent foreigners who are here to leech the system and apply for Singapore PR. In 1990, the number of PRs in Singapore was only 112,000. Today, there are 531,000 PRs, all of whom are eligible to buy flats. These PRs are occupying the extra 221,051 flats. Many of these PRs own property in their native countries of China, Malaysia, India, etc. and are in violation of HDB ownership rules for flat eligibility. Yet they are allowed to buy.
From a Straits Times article (Jan. 30, 2013 “Goal 15,000-25,000 new citizens a year”) an average of only 18,500 PRs converted to citizenship in the last 5 years. Of the 531,000 PRs in Singapore an average of 18,500 per year works out to less than a 3.5% conversion rate. Unlike in other countries which give you 2 years to convert your PR to citizenship, the PAP has no such requirements. It’s plain that the majority of PRs of not intend to convert to citizens or they would have done so long ago. Yet these PRs are allowed to enjoy the benefits of Singapore including the buying of HDB flats. Is this fair when each flat is “subsidized” by the HDB. The PAP’s claim that PRs have no impact on the flat prices and demand is obviously a lie.
Is it too hard for the PAP to lay down 3 rules:
1) You must convert your PR to citizenship within 2 years or lose it.
2) You must prove that you have renounced the citizenship of your original country because Singapore does not allow dual citizenship.
3) You must be a citizen to buy a HDB flat, a PR is not good enough.
This would make life a lot easier for Singaporeans on the housing front. A stat board set up to help singaporeans have some housing now devotes 25% of its housing stock for non singaporeans who have no intention of converting to citizens. Only traitors like the PAP will do such a thing to Singaporeans.
The answer cannot be because of the large numbers of cheap labour FTs who require flats to live in. FDWs live in the flat with their employers, so they don’t take up or require new flats to be build for them. More than 200,000 workers are Malaysians who commute back and forth between JB and Singapore to work or study every day, so they are not users of HDB flats. Low cost labour, construction workers, factory workers, usually live in dormitories or on the contruction job site. So, its not for them either.
You can tell from these numbers that if there the HDB has more than enough flats for all Singapore citizens. Yet more and more are being build. The answer is that they are being build for fake talent foreigners who are here to leech the system and apply for Singapore PR. In 1990, the number of PRs in Singapore was only 112,000. Today, there are 531,000 PRs, all of whom are eligible to buy flats. These PRs are occupying the extra 221,051 flats. Many of these PRs own property in their native countries of China, Malaysia, India, etc. and are in violation of HDB ownership rules for flat eligibility. Yet they are allowed to buy.
From a Straits Times article (Jan. 30, 2013 “Goal 15,000-25,000 new citizens a year”) an average of only 18,500 PRs converted to citizenship in the last 5 years. Of the 531,000 PRs in Singapore an average of 18,500 per year works out to less than a 3.5% conversion rate. Unlike in other countries which give you 2 years to convert your PR to citizenship, the PAP has no such requirements. It’s plain that the majority of PRs of not intend to convert to citizens or they would have done so long ago. Yet these PRs are allowed to enjoy the benefits of Singapore including the buying of HDB flats. Is this fair when each flat is “subsidized” by the HDB. The PAP’s claim that PRs have no impact on the flat prices and demand is obviously a lie.
Is it too hard for the PAP to lay down 3 rules:
1) You must convert your PR to citizenship within 2 years or lose it.
2) You must prove that you have renounced the citizenship of your original country because Singapore does not allow dual citizenship.
3) You must be a citizen to buy a HDB flat, a PR is not good enough.
This would make life a lot easier for Singaporeans on the housing front. A stat board set up to help singaporeans have some housing now devotes 25% of its housing stock for non singaporeans who have no intention of converting to citizens. Only traitors like the PAP will do such a thing to Singaporeans.
