Land Acquisition Act, it is such a bullied. Many lands were
aquired and paid to previous land owners with dirt price. After
acquiring of the lands, the gov just leave the lands there for
nothing. When in good time, the gov will take the opportunity to
auction it off at high price.
Many industrial parks and factories are vacant. The gov over priced
the land value; the rate they charging is ridiculous which resulted
high operating cost in business. when in good time, they took the
opportunities to call for tender by taking the advantage of market
force to bid for the small cake.
Capitalland, JTC & HDB are the giant landowner which they will
be the ones to control the price, they would rather leave the land
empty if the market is bad or low demand.
Why can't they let us earn more pocket $$$ instead of charging high
rentals, high utilities bills, expensive properties, expensive
postage fees in such a tiny island and etc. All they know is to dig
into our pockets by monopolise the market. They are only good in
deepen their own pockets.
Take for example, the Telecom and internet Charges. The setting of
the network infrastructures on this tiny island is nothing and much
much much much much cheaper as compare to other countries like
Australia, Canada and etc. Still, they charge as they wish by
measuring their profits that someones personally owned incredible
amount of shares. What justice is
this?!!!
Hypocritic gov!!!
