After reading contribution by all forumers, media and foreign media ... like bro BJ and uncle chestnut, I suddenly achieve enlightenment ..
All the CMs are preventing you from seeing one true color ... depriving HDB upgraders from owning a PC
Instead, garmen as well as the developers (being garmen friendly) are trying to ensure ample supply for rich foreigners ... I mean it is simple, foreigners pay more ABSD mah
As you see many rich people in the West are running away from high taxes in their countries one by one:
No one is certain if the rush to the exit will continue, but Daniel Feau noted: "Nobody (in France) until now believed that the capital gains on shares would be taxed so high."
The preferred destinations of those leaving are London, New York and Geneva, as well as Canada, Israel and
Singapore, said Laurent Demeure, head of Coldwell Banker France.
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In another 10y, majority of decent condos will be owned by the rich and foreigners share will increase a lot ... middle class can only stay in HDBs ... it is sad but true
