Who to believe? MM or Shanmugam?

[makapaaa]

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Coffeeshop Chit Chat - Who to believe? MM or Shanmugam?</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt89 <NOBR></NOBR></TD><TD class=msgDate width="30%" noWrap align=right>Jan-28 7:25 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right>(1 of 10) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"></TD><TD class=wintiny noWrap align=right>27826.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Who should we believe? The 87 year-old MM Lee or the 51 year-old Law Minister Shanmugam?
MM Lee: "...property prices have gone up because foreigners with permanent residence are buying into the market."
Law Minister Shanmugam said that foreigners are not responsible for driving up HDB prices: "You say maybe foreigners are paying these high valuations. I think if you check, you’ll find that the majority are Singaporeans."

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[IR123]

"You say maybe foreigners are paying these high valuations. I think if you check, you’ll find that the majority are Singaporeans."[/I]

Can Mr Shanmugam please post those data on the web.

I can analyse that and check if he is correct in his statement.