This is amusing. There was never meritocracy in the primary school admission exercise except for the kind where you ask of the parents whether their wallet is big enough to secure a condominium or HDB flat near the popular primary school in the first place.
And frankly, the wealthy local residents are no longer looking at the state system anymore for their children. TCH tried his stunt but had to stand down in the face of a revolt from the Chinese teachers. Brocoli, before you rant and rave, I suggest you go do more research on the rise of international schools in Singapore, how the government pampers them by allocating them precious state land, and you will find where are all the intelligent and rich locals are sending their kids to schools.