Survey results - contest for elected president

100 people responded to this survey. 65% felt that it is better for more than 1 non-PAP candidates to contest the election. See TKL website

Keeping HDB flats affordable

The new minister for national development, Khaw Boon Wan, is taking the problem of rising HDB prices in earnest. He is building 25,000 new flats andmore than 10,000 rental flats. The strategy to increase supply rapidly, to meet demand, is likely to work to contain prices. If he sells the HDB flats at cost of land and construction, it will help to mitigate the price increase.

I hope that the minister will build more rental flats, which do not need to be subsidised. Give people a choice to rent a flat, rather than to own a flat. It will encourage them to live near their place of work (i.e. easier to move when one rents a flat, rather than own a flat). See my article.

Contribution to Yahoo Finance, May 2011

I contributed 4 articles to Yahoo Finance website in May 2011. These articles are now available for viewing by members of FISCA (www.easysearch.sg/fisca) after login.

FISCA - Perennial China Retail Trust

FISCA has prepared the salient points of this investment. It is available to members on login. Go to www.easysearch.sg/fisca.