Jan 18, 2010 - PropertyGuru.com.sg
Mr. Shanmugam clarified the issue and said that several misconceptions arose from Mr. Wee's statement.
His key message: “It is unfair to cast foreigners as the villains driving up the prices of HDB flats.”
Speaking at the end of his visit to Yew Tee constituency in Hong Kah GRC, the Law Minister said, “The first misconception is that somehow there are five million people and that's putting pressure on all of us. It doesn't.”
Out of the five million residents of Singapore, 3.2 million are citizens and roughly 500,000 are permanent residents (PRs), while the remaining 1.3 million foreigners have temporary work permits and they “impose no burden” on the country’s public housing system, noted Mr. Shanmugam, who is also Singapore’s Second Home Affairs Minister.
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