Prof Jaya failed to reply on Land Acq Scam in Geylang replied by johnharding @ Thu, 12 Jun 2008 13:32:49 +0800

johnharding — Thu, 12 Jun 2008 13:32:49 +0800

1. THUNDERBALL ACQUIRES RIGHTS TO PRODUCE AMAZON #1 BESTSELLER `ESCAPE FROM PARADISE`

http://www.thunderballfilms.com/

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by Jontst78 @ Tue, 10 Jun 2008 16:43:13 +0800

Jontst78 — Tue, 10 Jun 2008 16:43:13 +0800

Originally posted by jojobeach:

Is this book " Lee's Law: How Singapore Crushes Dissent"- by Chris Lydgate sold in Singapore ? It is available in Amazon.com

Can't find it in Singapore. Had a friend from downunder bring it in when she came over for a holiday last year.

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by 4getmenot @ Tue, 10 Jun 2008 13:15:17 +0800

4getmenot — Tue, 10 Jun 2008 13:15:17 +0800

Originally posted by johnharding:

It's only going to get better. Escape from Paradise has just been optioned by a film company.

wow, i'll look forward to that movie..

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by jojobeach @ Tue, 10 Jun 2008 12:41:17 +0800

jojobeach — Tue, 10 Jun 2008 12:41:17 +0800

Is this book " Lee's Law: How Singapore Crushes Dissent"- by Chris Lydgate sold in Singapore ? It is available in Amazon.com

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by johnharding @ Tue, 10 Jun 2008 08:57:25 +0800

johnharding — Tue, 10 Jun 2008 08:57:25 +0800

Originally posted by Atobe:

It is surprising to note that two Holland Road properties that were subject to bankruptcy proceedings were allowed to be sold - as detailed in the book "Escape from Paradise''. {Ref: http://www.escapefromparadise.com/NewFiles/legal.html }

The author of this book had raised hell in lampooning the Singapore Ministers, the Judiciary and most of all the previous Minister Yeo Cheow Tong and his lawyer wife - and no legal actions have been taken against her.

{Ref: http://www.yeocheowtong.com/}

.

Escape from Paradise Website : http://www.escapefromparadise.com/

http://http://www.yeocheowtong.com//

It's only going to get better. Escape from Paradise has just been optioned by a film company.

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by Atobe @ Tue, 13 May 2008 01:19:21 +0800

Atobe — Tue, 13 May 2008 01:19:21 +0800

It is surprising to note that two Holland Road properties that were subject to bankruptcy proceedings were allowed to be sold - as detailed in the book "Escape from Paradise''. {Ref: http://www.escapefromparadise.com/NewFiles/legal.html }

The author of this book had raised hell in lampooning the Singapore Ministers, the Judiciary and most of all the previous Minister Yeo Cheow Tong and his lawyer wife - and no legal actions have been taken against her.

{Ref: http://www.yeocheowtong.com/}

Escape from Paradise Website : http://www.escapefromparadise.com/

http://http://www.yeocheowtong.com//

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by Uncle Ver SG @ Tue, 13 May 2008 00:00:04 +0800

Uncle Ver SG — Tue, 13 May 2008 00:00:04 +0800

I rather they tear down the crapteular HDB flats in locations even the poor dont want / cant afford to buy and open to (cheap) condo instead.

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by Uncle Ver SG @ Mon, 12 May 2008 23:27:13 +0800

Uncle Ver SG — Mon, 12 May 2008 23:27:13 +0800

HDB IS subsidized in current real estate prices. But I believe wont be for long.

How much does a condo (Even a 99 year lease one) cost nowadays? Where is the cheapest condo in Singapore btw?

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by alwaysdisturbed @ Mon, 12 May 2008 23:26:43 +0800

alwaysdisturbed — Mon, 12 May 2008 23:26:43 +0800

you are not in s'pore for the first day.

whats new?

Prof Jaya failed to reply on Land Acq Scam in Geylang replied by robertteh @ Mon, 12 May 2008 23:18:19 +0800

robertteh — Mon, 12 May 2008 23:18:19 +0800

Lands in Singapore are acquired by the government (Singapore Land Authority) at age-old prices ranging from S$1.00 per square foot to values fixed by the Land Acquisition Act.

Under the Act, minister has the right to declare any lands as required for public use and compensate the land owner affected by such acquisition a value dated back to a historic date (e.g. 1.1.1996) or the latest market value whichever is the lower.

Only in April 2007 was the compensation revised to current market value. Even at the so-called current or prevailing market value at the latest amendment the SLA still refused to substantiate compensation as based on current market value as the compensation values are not substantiated by latest transacted land sale values for equivalent lands acquired but based on some secretive list kept by SLA's own valuers.

The ministers' decision is administrative and cannot be challenged in court by any citizens.

As the Law Minister Professor Jayakumar has told parliament in the instance of Geyland land acquired for 20 years not put to public use, time and circumstance may change after acquisition thereby requiring change in government's original intention.

It is like talking nonsense and the whole parliament accepted such nonsense from highly paid or over-paid ministers as happened in so many cases.

In other words not only has the government the power to take any land and paid pittance like S$1.00 the minister can under the pretext take the land to make profit or take any lands from any one without proving that it will be put to public use giving some excuses like change of circumstances as happened in the Geylang land which was kept empty or rented out to some tenants without showing intention to put to public use.

When the lands are acquired whose monies were used to put the compensation?

Your guess is as good as mine - people or taxpayers' monies were used not HDB's or ministers' own monies.

When a piece of land was used for public housing, the land cost is zero but the reasonable low cost public housing should rightly and fairly be priced at say market price less land costs since land costs are zero or near zero and in any case paid for using taxpayers' monies.

For example a three room flat should be priced at:

Market value ($180,000.00) less Land Cost ($80,000.00) i.e. $100,000.00.

By selling the low cost public housing at $180,000.00 the government is profiteering by $80,000.00.

This to me is a housing tax. What else could you call it. Minister Mah Bow Tan has the temerity to tell the parliament "Don't expect free lunch, HDB flat is subsidised by the government" When challenged by people that it was not a subsidy but only a discount he was giving to flat buyer he was so far still unable to give an accountable or satisfactory reply after so many years of query.

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