Today’s big news is that property sales have fallen, and prices may be falling. Is that good news? Even if the prices have fallen 50% it is still too high. Like the minister’s pay, the current property prices are outrageous.
The more important issue is to stop selling the few square feet of land that are still left for us to call this rock our country to foreigners. When the world is our customer, we don’t have enough land to sell. They will just buy up everything, every square inch if they are allowed to. And stop the myth about selling to foreigners who called themselves new citizens. This policy is as good as an open door policy to sell everything as there will be enough rich foreigners to come in and buy up everything. In the end we will have nothing left to call home.
The lunatics out there who still thing we have plenty of land to sell, just remember that any freehold land sold is as good as gone. There are still some left and it is time to take stock and keep what we have for the future generation. Please do not sell Singapore away. Please leave something for our children. We can only continue with this reckless policy of selling land if we don’t regard this as home, and plan to make all the profits and scoot to somewhere else. Even then, it is a silly thing to do as money will be withered away by inflation. The land is still there, as good as forever, unless sold.