Re: UOL-UIC tie-up places top bid for Clementi Ave 1 site
I am appalled really at your ability to see only one tip of the iceberg and say, that is a small piece of ice.
1. Why does Govt need to shift the Pasir Panjang Port to Tuas? (Hint: ever heard of the Greater Southern Waterfront?)
2. Govt already raised the tax burden hugely on the private property owners (through the more than a dozen cooling measures). Yes, partly because land is getting much harder to solicit, reserve, or create. Spot on actually.
3. Next time when people go and do construction, go and see what they mix cement with before making every pillar and ground structure that makes the building. Whyfore does HDB need to stockpile sand? For reclamation mah??? Wake up to reality, friend.
Originally Posted by
annetyu
I am sorry but fake news again?
1. Is the government reclaiming any land for residential development? From what I know, it is for the new Terminal 5 and Tuas Port and not for any residential development.. If land is costlier to produce, government will raise your taxes.
2. Are you sure the sand for reclamation is same for construction?? Which part of construction need sand? Do you mean concrete and steel?
Please check out construction material prices...
https://www.ceicdata.com/en/singapore/construction-materials-demand-and-prices/construction-materials-price-cement
Population and economic growth slowing, more elderly going to pass on than new births can replace, are you sure property is definitely trend upwards forever?
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.