In the light of escalating properties prices, it will be pertinent to understand that singapore properties should be reserved for Singaporeans. It is not fair for Singaporeans to do NS to safeguard assets of foreigners.
Furthermore, if properties are all purchased by foreigners, it will be a sad day when Singaporeans have to rent from foreigners and yet, guard these rental properties during NS.
Singapore is an open economy. Foreigners can stay in 1 property during their stay here. There is no reason to allow them to buy more. China govt has recently implemented this to stop inflation in their home country too. Will PAP have the moral courage to do the right thing for the nation?
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