New session in Parliament
What impresses me most during the keynote speech by the President is Nathan's health. He seemed to be getting more youthful by the day. He was so radiant, relaxed, well fed, and looked like he will live for another 50 years. The fountain of youth must be somewhere in the Istana. His motherhood speech was comprehensive and covered everything that needed to be said. Now comes the implementation part which the ministries are expected to do the due diligence. One recommendation I have in mind is to raise property prices, both private and public. This is the best strategy 'in helping companies stay viable and continue to employ workers.' It will 'strengthen our revenue base', and the excess profits can be accumulated as reserves for a rainy day. With higher prices of properties, the private developers can make more profits, provide better jobs and pay their employees very well. In the public housing sector, the profits can be used to help those who needed help. Never mind if the buyers would have to pay a lifetime for the little space they bought. They can feel good to live in a half a million or one million dollar flats. Compare to Hongkong, our flats are still very cheap and very luxurious, endearing homes. In Hongkong one will have to pay a fortune for a 90 sq m. Here it is so affordable. Our 3 rm flat is like a mansion! So liveable. Our standard of living (and cost of living) is improving by the day.