Mr Chua Kheng Wee Louis: Thank you, Chairman. I just have two clarifications. The first is regarding the BTO cut that I have. It is really whether or not we could set aside the minimum target percentage of the flats. We have the shorter wait times. So, instead of basically the built-to-order (BTO) process, weContinue reading “COS 2022: Clarifications on BTO Flats and Resale Prices”
Category Archives: COS 2022: Louis Chua
COS 2022: Improving Current BTO Model
Mr Chua Kheng Wee Louis: Chairman, long waiting times for BTO flats has been a persistent concern among Singaporeans with current average waiting times of around four to five years and in some cases, six to seven years where projects have been delayed by COVID-19. Such long waiting times are not just an inconvenience but seriously affectContinue reading “COS 2022: Improving Current BTO Model”
COS 2022: Support Housing Aspirations via Rentals
Mr Chua Kheng Wee Louis: As we think about our new way forward, I find it timely to bring up the Adjournment Motion that I have moved last November on supporting diverse aspirations through rental housing. If anything, I am glad that my views on how this policy will strengthen communities as opposed to weakeningContinue reading “COS 2022: Support Housing Aspirations via Rentals”
COS 2022: Enhancing Prime Location Public Housing Model
Mr Chua Kheng Wee Louis (Sengkang): Chairman, there are two main issues regarding the Prime Location Public Housing (PLH) model, which I would like to address. The first is that windfall gains or the so-called “lottery effect” from the PLH are inadequately addressed. When a PLH flat is sold on the open market for theContinue reading “COS 2022: Enhancing Prime Location Public Housing Model”
COS 2022: Raising the Attractiveness of Electric Vehicles
Mr Chua Kheng Wee Louis (Sengkang): In 2021, Singapore’s population of electric cars more than double from 1,217 to 2,942 cars. This, however, only represents 0.5% of the 645,000 cars in Singapore today. So, this uptick is encouraging, considering that much of the increase was contributed by the 924 units increase in the number of Tesla’sContinue reading “COS 2022: Raising the Attractiveness of Electric Vehicles”
COS 2022: Net-zero by 2050
Mr Chua Kheng Wee Louis (Sengkang): Chairman, during this year’s Budget, Minister Lawrence Wong announced that Singapore is targeting to reach that net-zero by or around mid-Century. First of all, I would like to thank the Government for coming to this decision. As party to the Paris agreement, Singapore has a duty to set aContinue reading “COS 2022: Net-zero by 2050”
COS 2022: Clarifications on Own Account Workers’ Welfare and Lifetime Retirement Investment Scheme
Mr Chua Kheng Wee Louis (Sengkang): Thank you, Chairman. I have just got two clarifications. The first is regarding the own account workers’ welfare cut that I filed on the gig economy workers. I just wanted to ask if efforts can be done to ensure that they at least earn a fair wage in terms ofContinue reading “COS 2022: Clarifications on Own Account Workers’ Welfare and Lifetime Retirement Investment Scheme”
COS 2022: Own Account Workers Welfare and Protection
Mr Chua Kheng Wee Louis: There is an increase in gig economy workers in recent years but many are in a precarious position. This is something that the Government has taken note of. Prime Minister Lee had spoken in his National Day Rally last year on how most gig workers earn only a modest income and they lackContinue reading “COS 2022: Own Account Workers Welfare and Protection”
COS 2022: Flexible Work Arrangements (FWAs) and a Four-day Work Week
Mr Chua Kheng Wee Louis (Sengkang): Chairman, last year, I spoke in this house about the importance of flexible work arrangements and called upon the Government to lead the adoption of flexible work arrangements (FWAs). In the past two years, COVID-19 has drastically changed the way we work, but as we start to get back on track toContinue reading “COS 2022: Flexible Work Arrangements (FWAs) and a Four-day Work Week”
COS 2022: Enhancing CPF Returns
Mr Chua Kheng Wee Louis (Sengkang): Chairman, while CPF has maintained its interest rates at a point where it preserves purchasing power and guards against long-run inflation, the longer time horizons that retirement presents mean that expected increases in longevity and higher retirement income needs should give additional motivation to empower CPF members to enhance theirContinue reading “COS 2022: Enhancing CPF Returns”
Office of the Leader of the Opposition 