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Sla raised rent by 50% citing "economic growth" despite economy growing only 15%

makapaaa

Alfrescian (Inf)
Asset
[h=1]SLA RAISED RENT BY 50% CITING "ECONOMIC GROWTH" DESPITE ECONOMY GROWING ONLY 15%[/h]
Post date:
18 Jan 2015 - 10:22pm








I am a tenant who leased a plot of farmland from SLA.

On 10th December 2014 I received a letter from SLA to notify that my lease rental will be increased by 50% effective from the date of their letter. This letter was dated two days earlier on 8th December 2014. I am also warned that my December rent now have a shortfall because they have deducted my December rent based on the old rate. I am to be given 9 days from the receipt of their letter to make good my rent arrears and to make sure my bank have sufficient money for the rent increase henceforth.

Being a good citizen, I wrote back to them with my cheque for the rent arrears created by them for me and I also expressed my disappointment on the sudden increase without any advance notice and without any reason for the hefty increase. I reminded them of the current economic situation and outlook is bleak for SMEs. I also pointed out to them that their action is high handed, conceited and dictatorial.

A few days later a lady from SLA phoned to talk about my letter. She was very polite and listen to my grouses but at no time did she explain or justify their action and of course there was no apology. I find the phone call rather patronizing. It is like some superior being who have decided that a phone call to humour me and let me express my grouse will be suffice to placate a simple minded citizen.






Before the current government took control, in the 1950s, most citizens are afraid of government officials. Policemen would lord over common people and nurses in hospitals would scold patients who are too slow to respond. This was despite of the fact that they were known a Civil Servants, paid for by citizens’ tax money and suppose to serve the people who paid for them. We have 50 good years after the government put a stop to this, but then, time have changed. Today the term Civil Servants are not used. There are many elite Scholars in civil service and they are very well paid. They were civil but only up till now. Are we now going back to the old days where the superior government officials could dictate and threaten the common men and do we want to accept this new social order?

Postscript:

I have recently received a reply from SLA. It says that the rent increase is “based on current market rent” and they have “taken into account rent transactions for farms”

My rent is reviewed every 5 years. I am not aware that our economy has grown by 50% over this period, it is likely closer to 15% and as for transactions for farms, I still see many vacant lots in my neighbourhood, overgrown with weeds for the last 15 years I have been here. On top of that, many of us have been given notice that our leases will not be renewed, presumably the government has other usage for the land. Those us who are affected by this notice are now winding down our operations. Is that the boom market they are talking about our are they too busy celebrating their own 50% salary increases to bother explaining to the masses?

Lim Tian Soo
TRS Contributor
 

johnny333

Alfrescian (Inf)
Asset
No use writing letters or talking to civil servants in Spore, they are there to implement the rules set by the elites

The GE is will be held in 2015 or 2016. It is the better way to show the PAP your unhappiness with them.
 

syed putra

Alfrescian
Loyal
Singapore cannot do farming the traditional way. You have to farm in multi story buildings with controllable lights and water/nutrient flow. If want to continue farming the traditional way, must go to johore. There is no way traditional farmers can keep up with rents paid by businesses.
 

sleaguepunter

Alfrescian (Inf)
Asset
Singapore cannot do farming the traditional way. You have to farm in multi story buildings with controllable lights and water/nutrient flow. If want to continue farming the traditional way, must go to johore. There is no way traditional farmers can keep up with rents paid by businesses.

bro, you must understand where these "farms" are in the first place to know the rent increase is not justify due to the constraint on development because of certain military installations. Many of these farms are near tangah airbase, no way govt can build high rise or even low rise residential or commercial building. the actual fact is these farms is actually subsidising govt land revenue thru lease rent on lands not deem fit for any development.

another place is neo teo farmways, seriously nobody will want to build residential and commercial developments over there where low flying jets thunder across every now and then and then suffer the dust throw up by the convoy of armoured vehicles training across the main road(single carriageway). not at least in the next decade.: by the way, there also a huge sand bank at neo teo so many sand dipper trucks also ply that main road.:biggrin:
 

parrardee

Alfrescian
Loyal
SLA and the other bodies can always say anything to do what they want after that and theres no one to stop them.
 

johnny333

Alfrescian (Inf)
Asset
bro, you must understand where these "farms" are in the first place to know the rent increase is not justify due to the constraint on development because of certain military installations. Many of these farms are near tangah airbase, no way govt can build high rise or even low rise residential or commercial building. the actual fact is these farms is actually subsidising govt land revenue thru lease rent on lands not deem fit for any development....


If what you say is true these farmers can sabo the PAP gov't by just closing shop & moving to JB :biggrin:
 

sleaguepunter

Alfrescian (Inf)
Asset
If what you say is true these farmers can sabo the PAP gov't by just closing shop & moving to JB :biggrin:

open farms in Johor also not feasible. first need to become NEA approved farms then can export to spore, then land rent from who, also many restrictions by Malaysia on land use.

fyi, local produce veggie more expensive compare to genting or other imports but they really taste nicer. only some markets veggie stalls sell local produce. amk ave 4 market sell baby kuailan @ $5 a packet. only enough for 1 serving for 4person but taste fantastic.:smile:
 

johnny333

Alfrescian (Inf)
Asset
open farms in Johor also not feasible. first need to become NEA approved farms then can export to spore, then land rent from who, also many restrictions by Malaysia on land use...

Didn't know about the NEA approved farms. However not surprised they are misusing the requirement to squeeze $$ out of Sporeans:(
 

laksaboy

Alfrescian (Inf)
Asset
Economic growth for SLA itself.

Look at the numerous parcels of state land islandwide that have been sold to developers. You think no profits were made in those transactions? :rolleyes:
 

blissquek

Alfrescian
Loyal
SLA staff attended advanced Economic and Maths courses in Timbuktu.


This farmer looks like he is out of the loop..

Day in day out, every govt agency has to watch their P and L and their KPI...

Making more money is top of the list..

What's wrong with making more money.so said the wise man.
 

JohnTan

Alfrescian (InfP)
Generous Asset
SLA's rental are often below market rate. That's why many of their tenants have stayed in SLA's properties for years. If this tenant finds SLA rental too high, he is free to move out.
 

songsongjurong

Alfrescian
Loyal
20100929.132658_ksw.jpg

http://news.asiaone.com/News/AsiaOne+News/Singapore/Story/A1Story20100929-239541.html
They decided how to claw back the near $12million loss..rob peter to pay Paul....
 
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