The next stage of growth for Singaporeans
The next stage of growth for Singaporeans is to allow Singaporeans who already has a HDB flat (at least 5 years) and the flat is fully paid up to buy another HDB flat from the HDB. The prices of private apartments have gone up so much that most HDB flat owners cannot afford to buy private properties. I remember one Minister said that if Singaporeans cannot afford to buy the expensive private properties, then don't buy, but then they have to build properties that more Singaporeans can afford.
This proposal will narrow the wealth gap among Singaporeans.
Many are wondering all the land used up for building expensive private apartments, how many can afford them and how many of them are empty. This on the other hand is widening the wealth gap among Singaporeans and foreigners. Many are feeling that Singapore is now catering more for the Elite, a deviation from LKY's and Goh Chok Tong's policies.
Now the government is intending to do some very expensive relocation like the Science Centre and the underground link in Jurong. We seem to be having more billion dollar projects like the Garden By the Bay and Jewel. All this money can be used to upgrade the toilets in food courts and hawker centers. More Singaporeans frequents these facilities.
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