100,000 more jobs coming
We can expect 100,000 jobs to be created and some will definitely have to go to foreign talents. How many will go to them and how this will translate into more foreigners in the country and how this will affect our infrastructure and housing for our people is an urgent problem? Do we have the ability and people to compute all these and start doing the necessary so that no one will be caught off guarded again? A 50% of these jobs going to foreigners could add 200,000 people into the system, assuming each comes with a family of 4. The failure in our housing system to cater for such big inflows of residents here should be a lesson not to be repeated. Then the transportations, even COEs will be affected. The eating places, entertainment, ok we have two casinos to take in some of the influx, but many facilities will be stretched and stressed. Are we prepared for our targeted 6m population? I know many are and have already bought into properties and waiting for the prices to go through the roof. For those who are still looking for a property, better go and grab anything that is available. The shortage is unlikely to be met if history is to tell its story again. Before we bring in another 200,000, let’s get the housing sorted out first. This is the commonsensical thing that any simple mind would not fail to miss. At this moment I don’t think anything has been done on this area. Some people even believed that the demand for BTO launches were fake.