The media says that Mr Khaw Boon Wan told a Our Singapore Conversation group that there is “something wrong somewhere” with the Executive Condominium (EC) scheme and the scheme cannot carry on in its current form.
Here is the link to the Straits Times version of this confession and the brick bats thrown at him for his belated Eureka moment!
I could have told him so — and did — in January when I wrote a post extensively on the G’s Medusa-like HDB policies. Here is the link and the screen shot.
I believe the most important and urgent U-turn is for G to stop continuing to promise all future Singaporeans a HDB home. The first, second and 3rd generations of Singaporeans born and bred have already had their first and in some cases second and third — and for all we know even fourth!! — bites.
Let fourth and future generations either inherit, rent or work and save up to buy from the market, whether HDB resale or private.
Otherwise G may be doing to future generations what Singapore used to laugh at — the welfare state of our ex-colonial masters which ultimately took the Great out of Britain!
We — at least I — don’t want the PAP’s 80% public housing policy to be the Archilles heel that takes the zing out of Singapore 🙄 😥