- Joined
- Oct 15, 2023
- Messages
- 13,900
- Points
- 113
This is a problem of the PAP's own making. What did the govt expect after inviting ultra rich foreigners to invest their wealth in SG and buying up freehold land after getting fast tracked to a pink IC? These same people will purchase a fleet of cars to drive up COE premiums too. Property prices, rental and transport all shoot up to increase the cost of doing business in SG. SMEs will continue to fold and more MNCs will see the rising cost of doing business here less inviting, so they will pack up and leave.