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Posted on 12 Jan 2013
STOMPer appalled by PRs who think "S'poreans owe them a living"
STOMPer Kong, who is a Permanent Resident (PR) himself, is appalled by the reactions of other PRs towards the new property rules in Singapore and feels that "foreigners here act as if Singaporeans owe them a living".
A report in The Straits Times today (Jan 12), lists out the new property measures applicable to PRs in Singapore, which have elicited reactions of dismay among Singaporean PRs, citing the new rules as "unfair".
The report states that PRs now face unprecedented limits on their ability to buy property in Singapore. To buy a first property, whether a private unit or a Housing Board resale flat, PRs must pay an additional 5 per cent stamp duty.
If they buy a second flat or subsequent property, the stamp duty is an extra 10 per cent, up from the current 3 per cent more.
Also, PRs who own a HDB flat can no longer sub-let their entire flats although they may still rent out individual rooms.
Finally, while Singaporean flat owners can buy a private property and keep their HDB flats, PRs will no longer be allowed this dual ownership.
Wrote the STOMPer:
"My first reaction after reading the article is that of relieve for Singaporeans that something more is done to 'protect' its citizens.
"I find indignant some of the comments voiced out by the PRs who were generally claiming that the new measures were unfair.
"Talking about 'protectionism', it happens everywhere throughout history, from Japan using legislation to 'prevent' foreigners from buying up their land in Hokkaido, USA using bills and laws on trade, which some say are tantamount to unfair trade practices.
"There is also the recent case of a Greek police officer beating up a Korean visitor who was mistaken as an immigrant in Greece. All of these are 'protection measures', albeit tailored to suit their context.
"These are comparable to Singapore's measure within its context of ensuring that their own citizens are not priced out of buying a home and having to sleep on the streets.
"It is peanuts and the right time for this action to be taken by the government.
"The worst is, some foreigners here even act as if Singaporeans owe them their living.
"By the way, I am a PR (Malaysian) myself, bought and stay in a HDB resale flat and paying my taxes as part of my rightful contribution to this country.
"For those claiming unfairness staying under uncle's house, you have two options - become its son/daughter or butt-out and go back to your 'father' house. And I'm not here to solicit goodwill but to express how I feel."
STOMPer appalled by PRs who think "S'poreans owe them a living"
STOMPer Kong, who is a Permanent Resident (PR) himself, is appalled by the reactions of other PRs towards the new property rules in Singapore and feels that "foreigners here act as if Singaporeans owe them a living".
A report in The Straits Times today (Jan 12), lists out the new property measures applicable to PRs in Singapore, which have elicited reactions of dismay among Singaporean PRs, citing the new rules as "unfair".
The report states that PRs now face unprecedented limits on their ability to buy property in Singapore. To buy a first property, whether a private unit or a Housing Board resale flat, PRs must pay an additional 5 per cent stamp duty.
If they buy a second flat or subsequent property, the stamp duty is an extra 10 per cent, up from the current 3 per cent more.
Also, PRs who own a HDB flat can no longer sub-let their entire flats although they may still rent out individual rooms.
Finally, while Singaporean flat owners can buy a private property and keep their HDB flats, PRs will no longer be allowed this dual ownership.
Wrote the STOMPer:
"My first reaction after reading the article is that of relieve for Singaporeans that something more is done to 'protect' its citizens.
"I find indignant some of the comments voiced out by the PRs who were generally claiming that the new measures were unfair.
"Talking about 'protectionism', it happens everywhere throughout history, from Japan using legislation to 'prevent' foreigners from buying up their land in Hokkaido, USA using bills and laws on trade, which some say are tantamount to unfair trade practices.
"There is also the recent case of a Greek police officer beating up a Korean visitor who was mistaken as an immigrant in Greece. All of these are 'protection measures', albeit tailored to suit their context.
"These are comparable to Singapore's measure within its context of ensuring that their own citizens are not priced out of buying a home and having to sleep on the streets.
"It is peanuts and the right time for this action to be taken by the government.
"The worst is, some foreigners here even act as if Singaporeans owe them their living.
"By the way, I am a PR (Malaysian) myself, bought and stay in a HDB resale flat and paying my taxes as part of my rightful contribution to this country.
"For those claiming unfairness staying under uncle's house, you have two options - become its son/daughter or butt-out and go back to your 'father' house. And I'm not here to solicit goodwill but to express how I feel."
