[h=1]HDB SERS SELECTION CRITERIA: OPPOSITION WARDS?[/h]
Post date:
15 Apr 2015 - 11:04am
How HDB Sers are selected
According to the Straits Times news report “Parliament: Khaw Boon Wan explains how HDB flats are selected for Sers” (Apr 13) - “Flats are selected for the Selective En bloc Redevelopment Scheme (Sers), depending on whether there are suitable rehousing sites, whether redevelopment is viable economically, and whether there are financial resources available to fund the programme.”
PAP wards first?
In this connection, according to the Yahoo news report “Huge uproar over PM Lee’s comments” (Apr 6, 2011) – “Prime Minister Lee Hsien Loong‘s open admission that PAP wards are favoured for HDB upgrading exercises has touched a raw nerve among netizens.
PM Lee’s reply was, “The answer is that there has to be a distinction. Because the PAP wards supported the Government and the policies which delivered these good things.”
He said that while basic goods such roads, transportation, housing, healthcare and defence apply toSingaporeans, the extras — which come down to the upgrading programmes — is a national programme.
“Between the people who voted and supported the programme and the government, and the people who didn’t, I think if we went and put yours before the PAP constituencies, it would be an injustice,”
Rounding off his reply, PM Lee said, “But you can do something about it, you know. You don’t have to keep voting for people not in white-on-white.”
Not a single Sers in opposition wards?
According to http://www.teoalida.com/singapore/serslist/ – not a single of the 79 Sers from 1995 to 2014 were in opposition wards.
Reserves used 55 times, but nobody knew?
In a Parliamentary reply on 9 July 2013 – “Mrs Lina Chiam: To ask the Deputy Prime Minister and Minister for Finance in light of a 2011 media report that past reserves have been used 27 times for Selective En-bloc Redevelopment Scheme (SERS) projectssince 2002, how many times have the past reserves been used for all purposes since 2002.
Mr Tharman Shanmugaratnam:
I thank Mrs Lina Chiam for her question in which she referred to a Straits Times interview with former President S R Nathan in August 2011. The article mentioned that Past Reserves had been used to fund land reclamation projects and land acquisition for the Selective En-Bloc Redevelopment Scheme (SERS) since 2001 and 2002 respectively. She has asked how many times the Past Reserves have been used for all purposes since 2002.
Like Quantitative easing (QE) that nobody knows?
Second, Past Reserves have been used to fund land-related projects such as reclamation, the creation of underground space, and land acquisition projects like SERS. This is in essence a conversion of Past Reserves from one form (financial assets) to another (State land), rather than a drawdown of Past Reserves. The land and space that is created or acquired forms part of our State land holdings and is hence protected as Past Reserves. The use of Past Reserves to fund these land-related projects follows principles agreed to between the Government and the President. Further, when such land or space is subsequently sold, the proceeds accrue fully to Past Reserves.
Past Reserves have also been used to fund the land acquisition costs of projects like SERS which seek to enhance the value of the existing land. To reiterate, the acquired land forms part of Past Reserves, and the land value is enhanced with the more intensive re-development. Since 2002, the Past Reserves have funded 32 such projects.”
So, in essence we may be pumping money into the economy (kind of like “Quantitative Easing” (QE) (For further reading: 2009-13 QE bubble)). In so doing, are we not in a way increasing GDP and thus indirectly ministerial bonuses too?
How much was used?
In this regard, the most important piece of information is missing. How much of the Reserves were used!
Win battles lose war
TRS Contributor
Post date:
15 Apr 2015 - 11:04am
How HDB Sers are selected
According to the Straits Times news report “Parliament: Khaw Boon Wan explains how HDB flats are selected for Sers” (Apr 13) - “Flats are selected for the Selective En bloc Redevelopment Scheme (Sers), depending on whether there are suitable rehousing sites, whether redevelopment is viable economically, and whether there are financial resources available to fund the programme.”
PAP wards first?
In this connection, according to the Yahoo news report “Huge uproar over PM Lee’s comments” (Apr 6, 2011) – “Prime Minister Lee Hsien Loong‘s open admission that PAP wards are favoured for HDB upgrading exercises has touched a raw nerve among netizens.
PM Lee’s reply was, “The answer is that there has to be a distinction. Because the PAP wards supported the Government and the policies which delivered these good things.”
He said that while basic goods such roads, transportation, housing, healthcare and defence apply toSingaporeans, the extras — which come down to the upgrading programmes — is a national programme.
“Between the people who voted and supported the programme and the government, and the people who didn’t, I think if we went and put yours before the PAP constituencies, it would be an injustice,”
Rounding off his reply, PM Lee said, “But you can do something about it, you know. You don’t have to keep voting for people not in white-on-white.”
Not a single Sers in opposition wards?
According to http://www.teoalida.com/singapore/serslist/ – not a single of the 79 Sers from 1995 to 2014 were in opposition wards.
Reserves used 55 times, but nobody knew?
In a Parliamentary reply on 9 July 2013 – “Mrs Lina Chiam: To ask the Deputy Prime Minister and Minister for Finance in light of a 2011 media report that past reserves have been used 27 times for Selective En-bloc Redevelopment Scheme (SERS) projectssince 2002, how many times have the past reserves been used for all purposes since 2002.
Mr Tharman Shanmugaratnam:
I thank Mrs Lina Chiam for her question in which she referred to a Straits Times interview with former President S R Nathan in August 2011. The article mentioned that Past Reserves had been used to fund land reclamation projects and land acquisition for the Selective En-Bloc Redevelopment Scheme (SERS) since 2001 and 2002 respectively. She has asked how many times the Past Reserves have been used for all purposes since 2002.
Like Quantitative easing (QE) that nobody knows?
Second, Past Reserves have been used to fund land-related projects such as reclamation, the creation of underground space, and land acquisition projects like SERS. This is in essence a conversion of Past Reserves from one form (financial assets) to another (State land), rather than a drawdown of Past Reserves. The land and space that is created or acquired forms part of our State land holdings and is hence protected as Past Reserves. The use of Past Reserves to fund these land-related projects follows principles agreed to between the Government and the President. Further, when such land or space is subsequently sold, the proceeds accrue fully to Past Reserves.
Past Reserves have also been used to fund the land acquisition costs of projects like SERS which seek to enhance the value of the existing land. To reiterate, the acquired land forms part of Past Reserves, and the land value is enhanced with the more intensive re-development. Since 2002, the Past Reserves have funded 32 such projects.”
So, in essence we may be pumping money into the economy (kind of like “Quantitative Easing” (QE) (For further reading: 2009-13 QE bubble)). In so doing, are we not in a way increasing GDP and thus indirectly ministerial bonuses too?
How much was used?
In this regard, the most important piece of information is missing. How much of the Reserves were used!
Win battles lose war
TRS Contributor
