$1.7 million divide by 90 years = about $18,800 a year or about $1,500 a month.That's crazy. Youngsters need to have rich parents or be very successful themselves in order own anything in sg. Also, why would anyone want to live 48 floors up?!
Who is making money at the expense of the citizens' hard earned savings / CPF.
The only group of the Singaporeans who will keep and transfer their accumulated wealth to their next generation are those who owned freehold real properties, and the entrepreneurs who do not have to pay any capital gains tax.
