Selling everything to foreigners is Treason
We need to have laws and systems in place to prevent rogue govts from selling away Singapore to foreigners. There must be laws to limit the selling of private properties to foreigners. Leaving the property market to the developers who have no other consideration except making money is irresponsible. The developers will sell to whoever have the money to buy from them. How many percent of our private properties are already own by foreigners? Do we have figures on the private properties that foreigners can buy and what is the percentage of foreign ownership, excluding public housing and landed properties? The data should show private residential properties and commercial properties as well It is to our national interest to limit the ownership of private residential properties to maybe 30% of any development project. We have too little land and too little properties to sell to foreigners. They have the money to buy up everything if we allow them to do so, in a free market environment. Without any restraints, gradually everything will be owned by foreigners. One day we may wake up finding that everything is gone, sold.