Ass Loon HIKE Rental 20% to Help Sporns! WTF is HAPPENING???

[makapaaa]

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Nov 29, 2008
GOVERNMENT PRO-BUSINESS?
</TR><!-- headline one : start --><TR>HDB factory rents up 20%
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>




<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->THE whole world is still reeling from financial meltdown, with governments scrambling to put measures in place to cushion the effects.
Singapore has not escaped unscathed. The Government has taken steps to help people and businesses weather the situation. Recent announcements of pay cuts in the civil service, postponement of salary increments for government ministers and bringing forward the Budget to January are some immediate measures taken by the Government.
In Lianhe Zaobao on Wednesday, Prime Minister Lee Hsien Loong clarified in his interaction with business leaders in Sao Paulo, Brazil, that Singapore's approach to resolving the crisis at hand is to lower business operating costs and maintain the people's confidence in that the Government is in the same boat with them, helping to deal with the repercussions of the global financial crisis. He further emphasised the paramount importance of maintaining low rent and labour costs to alleviate the burden of the business world in order to weather the crisis.
In a nutshell, the Government is pro-active, taking the initiative to help Singaporeans and businesses during these difficult times.
However, we have received signals contrary to PM Lee's message and the positive steps taken by the Government to help. We are a registered tenant of an HDB prototype factory in Defu Industrial Estate, which is slated for redevelopment in a few years' time. On Nov 20, we received an offer from HDB Industrial Properties Department to renew our tenancy from Jan 1. To our shock, the offer came with a rent hike of more than 20 per cent.
What is this talk about keeping business costs down? Does the HDB not align its policies with government initiatives? We are already bleeding from the economic slowdown. Increasing rent at this inopportune time is adding salt to the wound.
We are trying hard not only to stay in business but also retain our workers. Can the Government please knock some sense into the HDB?
Tay Boon Yong (Mdm)

 

[Leegimeremover]

PAP: Fuck you peasants. You screw my bonus I screw you. I get my money from you so see who will be last man standing. HAHAHHHAHAA

 

[po2wq]

here reduce ... there muz increase back la ... otherwise, how 2 make money? ...

 

[batman1]

MIW need to increase rent so as to create more tenants.Same also they need to increase the number of FT so as to create more jobs for singaporeans ?!

 

[johnny333]

Don't expect any help from the gov't during these hard times.

In good times & bad times, the PAP looks after their own benefit & rice bowl. This is what happens when you have Spore "Incorporated".

 

[Einfield]

Ass Loon :

1st, It's for the poor.
2nd, I need to find ways to get back my 19% pay cut.

 

[saf_ranger]

plus the money i l,ost in the shock market...heehhee

 

[R4g3]

20% is already low, if it is capitaland or one marina, at least 30-80% and no room for negotiation. You can write letter with 100 reasons, and drag for few months, result is the same, either sign or move out.

 

[Leongsam]

Nov 29, 2008
GOVERNMENT PRO-BUSINESS?
HDB factory rents up 20%
<table border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr></tr><!-- headline one : start --><tr></tr><!-- headline one : end --><!-- show image if available --></tbody></table>

The rent hike is simply a reflection of the fact that Singapore is still booming despite the financial woes that have struck the rest of the world.

Kudos to the PAP for doing such a magnificent job in running the country.

 

[Gillette]

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Nov 29, 2008
GOVERNMENT PRO-BUSINESS?
</TR><!-- headline one : start --><TR>HDB factory rents up 20%
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>




<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->THE whole world is still reeling from financial meltdown, with governments scrambling to put measures in place to cushion the effects.
Singapore has not escaped unscathed. The Government has taken steps to help people and businesses weather the situation. Recent announcements of pay cuts in the civil service, postponement of salary increments for government ministers and bringing forward the Budget to January are some immediate measures taken by the Government.
In Lianhe Zaobao on Wednesday, Prime Minister Lee Hsien Loong clarified in his interaction with business leaders in Sao Paulo, Brazil, that Singapore's approach to resolving the crisis at hand is to lower business operating costs and maintain the people's confidence in that the Government is in the same boat with them, helping to deal with the repercussions of the global financial crisis. He further emphasised the paramount importance of maintaining low rent and labour costs to alleviate the burden of the business world in order to weather the crisis.
In a nutshell, the Government is pro-active, taking the initiative to help Singaporeans and businesses during these difficult times.
However, we have received signals contrary to PM Lee's message and the positive steps taken by the Government to help. We are a registered tenant of an HDB prototype factory in Defu Industrial Estate, which is slated for redevelopment in a few years' time. On Nov 20, we received an offer from HDB Industrial Properties Department to renew our tenancy from Jan 1. To our shock, the offer came with a rent hike of more than 20 per cent.
What is this talk about keeping business costs down? Does the HDB not align its policies with government initiatives? We are already bleeding from the economic slowdown. Increasing rent at this inopportune time is adding salt to the wound.
We are trying hard not only to stay in business but also retain our workers. Can the Government please knock some sense into the HDB?
Tay Boon Yong (Mdm)

------------------------------------------

Dear Editor,

I refer to the letter from Mdm Tay Boon Yong on 29-Nov-08 to the Straits Times.

HDB would like to take this opportunity to explain the reasons behind the rental adjustment of her tenancy with HDB's Industrial Property department.

The rents of HDB industrial properties have not been raised for the past 3 years.

Our research shows our rents are already the lowest among top cities including London, New York, Tokyo, and Hong Kong.

HDB does align its policies with government initiatives to help Singapore business keep their costs down. At a 20% upward adjustment, HDB is already providing a market subsidy, for which without will be a 100% raise.

We thank Mdm Tay for her feedback, and trust that she will pay her revised rents on time. Mdm Tay may contact us if she require any clarifications.

undersigned,
Public Relations
Housing Development Board of Singapore

 

[ahbengsong]

mdm tay is one of the dumbos which i repeatedly mentioned... till today.. doesnt she know that pap talks one thing and do another as long as the pap can leech from its people ???...

also what lhl (i am too ashame to call him PM Lee) said about reducing govt pay is pro business... it is a laughing stock really... my expat friends have a good laugh at his statement when i told them that... "is that really what your *sic* PM said ??" one ask with a funny look on his face....

 

[SneeringTree]

Gahment is pro-business what. They just didn't specify pro-whose business.

 

[ahbengsong]

The rent hike is simply a reflection of the fact that Singapore is still booming despite the financial woes that have struck the rest of the world. Kudos to the PAP for doing such a magnificent job in running the country.

if pap singapore is still booming... the pap (known for its immoral grabbing of credits) will be increasing its pay... not decreasing it...