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VERS AND HIP II: MORE SNAKE OIL FROM PAP

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21-08-2018, 03:40 PM

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VERS AND HIP II: MORE SNAKE OIL FROM PAP

An honorable member of the Coffee Shop Has Just Posted the Following:

PM Lee Hsien Loong's suggestion of the Voluntary Early Redevelopment Scheme (VERS) and Home Improvement Programme (HIP) II is clearly a panicked response than a well-thought out policy.

It is plain that Mr Lee is reacting to National Development Minister Lawrence Wong's bombshell admission that HDB flats will become worthless after their 99-year leases expire.

Mr Lee said that under the HIP II, older flats reaching 60-70 years old will get a second round of upgrading. Singaporeans should...

VERS AND HIP II: MORE SNAKE OIL FROM PAP

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