Category: Singapuraku

  • Lee Bee Wah: Raise Qualifying Income Ceiling For Homebuyers

    Lee Bee Wah: Raise Qualifying Income Ceiling For Homebuyers

    Chairman of the Government Parliamentary Committee for National Development, Lee Bee Wah, has called for the qualifying income ceiling to be raised to allow more people to buy executive condominiums (ECs) and new Housing and Development Board (HDB) flats.

    Speaking ahead of the Budget statement on Monday (Feb 23), she said more middle-income couples are feeling the squeeze.

    The last time HDB raised the qualifying income ceiling for homebuyers was in 2011. Then, the monthly income ceiling for those buying a Build-To-Order (BTO) flat was raised from S$8,000 to S$10,000, while the limit for those buying ECs went up from S$10,000 to S$12,000.

    But amid rising incomes, there have been calls for this ceiling to be lifted further, by S$2,000-$3,000.

    Ms Lee said: “Nowadays, people get married later and there are also more graduates. They get married later; by the time they apply for flats, their salary would have exceeded the ceiling. I think it is good to let Singaporeans have a chance to own HDB flats and stay in HDB flats to have that unique living experience.

    “If they hit the ceiling, they are forced to buy private housing and some of them really feel the squeeze, especially if they need to support their parents and grandparents.”

    Ms Lee has also called for more to be done to help divorcees with children and low-income families own a flat. She also said the Government could look at allocating more BTO flats to singles. Currently, about a third of two-room flats in non-mature estates are set aside for them.

    Said Ms Lee: “Due to pent-up demand, there is still quite a big number of applicants for every batch of flats that is for sale for singles. I also get feedback because they need to wait and so perhaps we can increase the quota, because the demand from first-timers has eased.”

    PROPERTY COOLING MEASURES

    Property cooling measures are another issue on the minds of many. While National Development Minister Khaw Boon Wan has said some of these measures are temporary, the market has to be cool enough for them to be relaxed.

    However, industry experts have said this is unlikely to happen soon. They notes while prices have come down, they have not fallen drastically. Last year, overall prices of HDB resale flats fell by six per cent, while those of private homes fell by four per cent.

    Analysts added that other factors should also be taken into account.

    Associate Professor Lim Lan Yuan, from the Department of Real Estate at the National University of Singapore, elaborated: “The Government should really monitor the market situation. First, (they should) look at the number of property transactions, whether there is an indication there is a fall in the volume. They should also look at the prices, whether there is a drastic fall in the prices.

    “On the other hand, they should also look at the number of mortgagee sales – it may have gone up, indicating that there is some problem with some of the owners who have bought high. They would of course look at the economy. Not only the local, also the external and global economy. So when the situation is not really that conducive, that may be a time they should consider relaxing some of the measures.”

    However, Assoc Prof said the cooling measures, if relaxed, should be done in phases. He added that the Seller’s Stamp Duty could be one of the first to be removed. He said: “The Seller’s Stamp Duty is different, the impact is to really curb speculative activities.

    “Speculative activities take place in a rising market, but right now, we are seeing a fall in the market and there is really very little speculative activities. So the Seller’s stamp Duty has less impact, so if you want to remove, then we could remove that first. ”

    One analyst said the impact on the real estate industry should also be considered. Mr Colin Tan, director of research and consultancy at Suntec Real Estate Consultants, said: “I suppose you have to assess the market … whether it has cooled. To all intents and purposes, some people will say the market has turned cold because if you look at some of the transactions, they are very low.

    “So agents are not having enough income, the bankers, the valuers are not having enough work. In that sense, maybe something needs to be done. The market to these people may have been frozen.”

    So Mr Tan said the Government could look into helping those who want to upgrade. He said: “What we could do is probably look at maybe helping the genuine upgraders because in any normal year, there will be a fair amount of upgrading. But the measures, while hampering speculators, are also having the same impact on genuine upgraders.

    “So maybe we could look at some of the measures and tweak them, and say ‘if you are a genuine upgrader, we would maybe not impose the stamp duty up front, we give you six months, or we grant you the full mortgage loan as if it were your first property, because you are going to sell your current property’. These are some measures that will allow upgrading to work its way back into the market.”

    Providing greater assurance for the elderly is also a theme in this year’s Budget, and Members of Parliament and experts add more could be done to educate seniors on the existing options to help them monetise their flats.

     

    Source: www.channelnewsasia.com

  • Gongsi Raya: How Non-Chinese In SIngapore Celebrate Chinese New Year

    Gongsi Raya: How Non-Chinese In SIngapore Celebrate Chinese New Year

    With almost every shop draped in red and gold screaming dong dong jiang at maximum volume, I think it’s safe to say that a big chunk of our population is onto Chinese New Year fever.  Chinese New Year on our little red dot is almost like a nationwide holiday. But amidst all the dusting and eating, have you ever wondered our non-Chinese friends are up to during the long holidays (this year’s especially)? There is apparently, more to the Chinese New Year for our non-Chinese friends than just mindless lo hei meals and visits to their friends’ house for pineapple tarts and bak kwa.

    How could anyone not get into the Chinese New Year spirit with shops draped in red and gold?

    Malay Mr. Muhammad Aaron Ridzuwan bin Roslan has been paying New Year visits to his Chinese friends since the age of 13. He commented on how Chinese New Year “is like Hari Raya” where he’d take the chance to catch up with his friends over steamboat meals. When asked if the meal has to be Halal, he graciously answered, “It’s the Chinese’s occasion, so as long as there is no pork, it’s fine with me.” It was particularly meaningful when Hari Raya and Chinese New Year last fell on the same month from 1996-1998. The term ‘Gongsi Raya’ was coined to symbolized the double celebrations within the two ethnic communities. Both Muslims and the Chinese had kept their house open for visitations that promoted the respect and tolerance for our well-known cultural diversity.

    Some of our non-Chinese friends don’t only partake in lo hei, they actually think of it as a fun Chinese tradition.

    But it turns out not all of our non-Chinese friends are actively partaking in house visits. For Indian student Ms. Shreeya Valentina Rai, instead of lo hei-ing with her friends, she will be spending the holiday bartending at Tippling Club. “Hey, it’s double pay after all,” laughs the 23-year-old NTU student. “But on the rare occasion that our family gets invited for a Chinese New Year meal, I participate in the lo hei; it’s quite fun actually.”

    Instead of working their holidays away, some would on the other hand, take the chance to organize a get-together with their family. Working aside, Ms. Shreeya does also take the holidays to spend time with her family. “It’s a public holiday so everyone is free,” she quips. Ms. Shahidah Sayadi, a Malay Muslim who works at the Ministry of Law, agrees.  “We’d mostly sit at home and watch the holiday special shows! But sometimes we have family gatherings and we’ll arrange for potluck dinners.” For our Indian friend Mr. Rahul Rajasabhal, a 25-year-old NUS undergraduate, spending quality time with his family during the holidays is not just limited to lounging by the sofa, where he chooses to get more into the Chinese New Year spirit. “I’d usually help my mum and grandma bake pineapple tarts because my sister and I love to eat them! I really look forward to the food and I’ll use the time to just relax and catch up on work. I’d also, somehow, use the holidays to tidy up my room because it’s nice to have a fresh start even though I don’t really celebrate it.”

    Things are of course, a little different for the mixed ethnicity couples. Fashion Blogger Andrea Chong says that Imran Rahim, her Muslim boyfriend, will accompany her to house-visits on the first day of Chinese New Year. Besides treating it like a “normal family gathering”, Malay Muslim Imran also pays his respect to the Cantonese elders by greeting them “gung hei fat choi”! Besides house visiting, some mixed ethnicity couples will also travel to the hometown of his/her significant other to celebrate the New Year with the other side of the family. The act of travelling overseas to get into the New Year atmosphere can also be seen in the Chinese as well! I mean, it is after all, a long weekend with four days of holidays.

    For those who are on an exchange programme with our local universities, they got into the Chinese New Year spirit by hanging out at the gaily-lit Chinatown. Mikael Gross, a Swiss exchange student who has returned to Switzerland, recounted how he spent the holiday with a group of other students on exchange. “To celebrate Chinese New Year in Singapore was kind of ‘special’ because Singapore is a city with a huge Chinese community… feels kind of authentic”. After a dinner at “one of those tourist trap restaurants”, they joined the annual Chinese New Year parade where he enjoyed the cheerful crowd. “The truth is Chinese New Year wasn’t as exciting as they say on the internet.  But we enjoyed it nevertheless, like everything on exchange.”

    So whilst you are busy indulging in the Chinese New Year festivities, don’t forget about your non-Chinese friends and have them over for a short get-together for two. Have them also share what it’s like during their New Year celebrations and perhaps join them for a more complete food and culture exchange experience.

     

    Source:www.makansutra.com

  • Maliki Osman: Malay Servicemen Have Progressed Significantly In SAF

    Maliki Osman: Malay Servicemen Have Progressed Significantly In SAF

    Minister of State for Defence Mohamad Maliki Osman has weighed in on the issue of Malays in the Singapore Armed Forces, saying Malay servicemen have made significant progress.

    “Our Malay servicemen have made significant progress in all the services in the SAF based on their capabilities and merits, and I am confident many more will do so in the future,” Dr Maliki said, in comments to Malay language daily Berita Harian published today.

    His comments came as Defence Minister Ng Eng Hen said at a forum on Monday night that Malays now serve as sailors on board navy ships, and that the SAF does not discriminate against anyone and promotes men based on their ability.

    Dr Ng had been asked why Malays were previously excluded from the navy.

    The issue of Malays not being deployed in certain Singapore Armed Forces units and under-represented among the SAF’s top ranks has been an issue in the community.

    Yesterday, Dr Maliki – the first Malay political office-holder in the Defence Ministry – said the Malay community continues to make positive contributions to Singapore, including in the area of defence and security.

    “I have met many Malay servicemen in every service and formation in the SAF, including as fighter pilots, commandos, and naval combat systems operators,” he said.

    “Whether they are regulars, NSFs or NSmen, all of them serve with pride.

    Many have also contributed to the SAF’s overseas missions in Afghanistan and Timor Leste,” he added.

    Dr Maliki also noted that at the recent SAF50@Vivo exhibition to celebrate Singapore’s jubilee, he met several Malay servicemen serving in the navy.

    He said: “Together with their non-Malay colleagues, they play an important role in keeping our sea and shore safe, round the clock.”

     

    Source: http://news.asiaone.com

  • Is Singapore Truly Home?

    Is Singapore Truly Home?

    SINGAPORE, Feb 8 ­— The other day I was talking to a good friend of mine. Sitting with glasses of wine in an open, airy café next to Punggol Waterway with our husbands by our sides and a dog at our feet — it was idyllic. Yet, like so many others of my generation, we found ourselves bemoaning the state of Singapore.

    The complaints were the usual — some valid some not: an out-of-touch government, the daily rat race, the general rudeness.

    Like many of my peers, the friend in question is an intelligent, well-travelled middle class Singaporean. Educated at a local university but with experience working and studying abroad.

    Now with a foreign husband, she has returned to Singapore to build a life but is finding it hard to accept the daily frustrations of this city.

    On a recent visit back to her husband’s home in North America, the couple found themselves shocked at their own surprise when a barista at a café greeted them heartily, the person ahead of them in line insisted they go first while he pondered his order and another customer opened the door and wished them a good day on their way out.

    A neighbour, she says, had walked over and brought a basket of apples. It was easy. People were relaxed and life was better-paced.

    “I don’t want to keep living here, it’s a bubble and I want to live with space and less pressure,” she explained matter-of-factly.

    Later that evening, my husband who isn’t Singaporean as well (why do we all marry foreigners? But that is another question for another day) asked me what I thought of my friend’s desire to leave. He said, this is your only home, you have no other — why not work to change it?
    And I paused.

    Is Singapore our only home? My friend is of Chinese descent and I of Indian descent. Did we belong to this island more than an Asian American in North America? Was Singaporean an identity that existed outside of the country’s borders?

    If my friend and I had and raised children abroad entirely, would those children still be “Singaporean” simply because they had Singaporean mothers? Or was Singaporean an experience — one you could choose to walk away from in favour of another?
    With SG50 plastered everywhere, it has become blasphemous to suggest anything other than undying devotion to the Singaporean identity but this is increasingly hard.

    Singapore is a great city, it’s wealthy and filled with opportunities but it is a city. An economic experiment fuelled by the industry of immigrants – and as more and more immigrants stream in, this notion of indigenous people becomes harder to grasp.

    And it breaks my heart. I am Singaporean. What else can I be? It was with this very friend I celebrated Aug 9 years ago when we were both marooned in New York City — singing National Day songs we all know by heart.

    And though my state perpetually classifies me as “Indian,” I am confounded by India — it is incredible and interesting but it is so intrinsically foreign.  I suspect my friend has similar feelings about China and yet when someone asks why not stay, why not fight to change this country, it is hard not to suppress a shrug.

    Is it because Singaporeans just don’t care enough – that this place isn’t worth it? It would seem so; many people are not interested in changing Singapore because if you don’t like it you simply leave and many do.
    So who or what is to blame for this rootlessness?

    A lot of it has to do with the fact that this is a city-state — a unique entity in the modern world as neither Hong Kong nor Dubai are truly states. For the last few centuries, people have belonged basically to nations. They are Americans or Japanese or Thai. Cities are places you move to for opportunity and when a better opportunity arises you move somewhere else.

    I think that’s part of the dilemma and within this parameter, Singapore has done well in trying somehow to be both a city and a nation. But we’ve also got some things wrong. Somewhere along the way it seems our nation building efforts began to unravel.

    In my next column, I would like to explore why.

    * This is the personal opinion of the writers or organisation and does not necessarily represent the views of Malay Mail Online.

     

    Source: www.themalaymailonline.com

  • How Do Singaporeans View National Security?

    How Do Singaporeans View National Security?

    “Protecting the Singaporean Way of Life” is the objective of Total Defence, a day that was commemorated last Sunday. Implicit is the understanding that total defence or national security is about protecting national sovereignty.

    But can it be assumed that this is what all Singaporeans invariably understand national security to be about? Could it also depend on what security might mean to the individual at a given point in time?

    A concern often voiced is whether younger Singaporeans, who did not live through political turbulence in the nation’s early years, would continue to believe the “vulnerability” narrative — that there are intractable security concerns endemic to Singapore’s small size and the geopolitics of the region, which require a long-term commitment to a strong defence.

    The peace and prosperity they were born into could lull them into believing that this vulnerability is a myth. In fact, some even wonder if the Singapore Armed Forces’ (SAF) capabilities are viewed as a threat to the region, rather than a deterrent.

    Seeing that Singapore has become an important global trading hub and a respected member of the international community, younger Singaporeans could be led to believe that the country’s defence is inherent in its importance to the world, especially the West, which would not allow it to fall. Hence, some might argue that Singapore need not allocate as much as it does to defence.

    Such a view, however, rests on complacent assumptions that afford Singapore little agency and leave too much to chance and the goodwill of allies. It is also short-sighted, premised on current favourable circumstances. Rather, a long-term view measured in generations has to be adopted.

    This entails a policy of sustained investment in a strong SAF that gives the island-state a range of autonomous options for any national security crisis, including even so-called non-traditional ones such as a pandemic.

    DOES ECONOMIC SECURITY TRUMP DEFENCE?

    The cost of protecting the Singaporean way of life is indeed steep. The Defence Ministry’s allocation of the annual budget has consistently been the largest. The value of the Singaporean way of life and what it represents to the individual — a high standard of living, law and order, peace, stability and so on — ought to sufficiently justify this.

    Surveys suggest that Singaporeans still generally appreciate the need for a strong defence in the long term. But this may carry less weight in the short term, especially during periods of economic uncertainty. Credit Suisse’s Youth Barometer 2014, which covered a wide range of topics from politics to economics, showed that financial worries dominate Singaporean youth concerns.

    In the absence of any obvious vulnerabilities or threat, the long-term need to actively maintain a strong defence posture can be displaced by immediate concerns of self-actualisation and individual economic achievement. Here, security may no longer be understood within the context of protecting national sovereignty.

    While the Singaporean way of life has always been a fundamental reason for defending Singapore, the daily difficulties experienced by Singaporeans in achieving this way of life during economic downturns could cause individual insecurity, at least in the short term.

    It then becomes not so much a concern about merely having a life in Singapore that is safe from threat to its sovereignty, but personally achieving the Singaporean way of life and all that it materially entails.

    The effect of such a shift, subtle but still noticeable, in how security is understood could be twofold. Apart from pressure on the Government to channel resources away from national defence to social welfare measures that enhance an individual’s economic security, the traditional pillars of defence might ironically seem to worsen it. For example, some who had to do National Service feel less economically competitive than those who did not have to do it. The enemy then is not an indeterminate national threat, but the more immediate threat to employment prospects.

    Some Singaporeans may thus be more worried about threats to their own economic well-being and personal aspirations instead of threats to Singapore’s sovereignty or a terror attack here in the global struggle against Islamic extremism.

    Arguably, a nascent national security challenge is convincing these Singaporeans that the nation is inherently vulnerable and needs to be ever vigilant precisely to safeguard Singapore’s achievements and position in the world.

    If protecting the Singaporean way of life is the key national security concern, what security means to the state and to individual citizens could be complicated; if the sovereignty of the state is unsecured, individual economic security would be moot. Yet, if the average Singaporean has difficulty in personally achieving the expected Singaporean way of life, a sense of individual insecurity will trump national security. In fact, if Singapore as a nation begins to collectively feel this, it becomes a de facto national security issue.

    However, it is not a choice between two mutually exclusive positions. Those who hold the latter view need to be convinced that economic security grows out of national sovereignty, which is most visibly guaranteed by a strong SAF.

    A strong defence posture cannot be assumed to be unnecessary in times of peace, even if its contributions are indirect and unquantifiable, for defence cannot be disentangled from Singapore’s economic prosperity.

    On the other hand, those who give priority to national defence need persuading that long-term security concerns cannot unconditionally eclipse immediate and real bread-and-butter concerns, especially when they are a source of insecurity. As the economist John Maynard Keynes once said: “In the long run we are all dead.”

    In commemorating 31 years of Total Defence, it may be timely to revisit what “total” security means to the nation and how each of the five pillars of Total Defence is best applied to that conception of national security.

    ABOUT THE AUTHOR:

    Ho Shu Huang is a PhD candidate with the Department of War Studies, King’s College London and an Associate Research Fellow at the Institute of Defence & Strategic Studies, S. Rajaratnam School of International Studies, Nanyang Technological University.

     

    Source: www.todayonline.com

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