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@KamBar2020
3 күн бұрын
Never Say NEVER 😎 Justin Bieber
@SohaiKia
3 күн бұрын
Singapore -> money launderers, foreign talent, haolian toxic boastful population, very expensive houses, very high car tax, stressful environment but Singaporeans wont tell you that but will just boast that they are number 1, embedded in their toxic brainwashing education system
@Hs5687
18 сағат бұрын
Utter Rubbish…
@SathyaswamyS
3 күн бұрын
Hard truth: India is just seen a cheap labour destination and market for goods by developed countries. Not a superpower.
@0ptic0p22
3 күн бұрын
India is labourers with iphones
@stormblessed2673
3 күн бұрын
Of course, the same was/is true for China. Even so, India can take advantage of the West's greed for cheap labour and become a superpower - just as China has over the last 50 years.
@Xx-he9qe
3 күн бұрын
@@stormblessed2673manufacturing is not only about cheap labour. High value manufacturing requires skills which are absent in india.
@stormblessed2673
3 күн бұрын
@@Xx-he9qe Sure, I agree with you. But it's not like China got into high value manufacturing overnight. Arguably there arn't even there yet, though they're certainly heading in that direction. It takes decades, yet now they are increasingly leading the EV industry. Similar with battery, solar panels, and critical mineral refinement. I'm not saying India will have high value manufacturing tomorrow, but in 20-30 years, who knows?
@blazer9547
3 күн бұрын
West's greed😂. Greed is a human trait. Cope@@stormblessed2673
@UnapologeticTakes
3 күн бұрын
Completely agree with this take. Singapore has the riches of America, the safety of Iceland, the work-life balance (or lack thereof) of Japan and the housing crisis of Hong Kong. This is why South East Asians have a saying that one must work in Singapore, live in Malaysia and party in Thailand!
@KamBar2020
3 күн бұрын
Indoensiyans : Move to BALI 🤯
@SohaiKia
3 күн бұрын
dont haolian la, it has nothing but foreign talent and money launderers, talk big haolian
@benchoflemons398
3 күн бұрын
And the freedom of Vietnam
@raymondwen4210
3 күн бұрын
work culture of Japan is depressing af
@michael.petraeus
3 күн бұрын
What the fuck are you talking about? Singapore has relatively the cheapest housing of any major developed city, several times cheaper than HK.
@juanmiguel-557
3 күн бұрын
If you retired get out of Singapore go overseas. Go somewhere where your money can take you a long way
@Victor-dx2ew
Күн бұрын
Which country would you suggest for this?
@goolooggg9005
14 сағат бұрын
Retire to Malaysia right
@haishhaihhh9137
14 сағат бұрын
@@goolooggg9005Do not cone to Malaysia. It is not that big a country. AFRICA, CHINA, america, rusia very big, very vast. Should go there.
@haishhaihhh9137
14 сағат бұрын
There are many big countries, vast land; AFRICA, CHINA, india, rusia, amerika. Do not go to Malaysia It is a small country.. China is very rich too.
@ftheworlds
14 сағат бұрын
Agreed. I'm Canadian and I can't retire here. It's messed up.
@LoveDaGames
2 күн бұрын
As a Singaporean young adult in his late 20s living in Singapore, it is so difficult. I literally just quit my job due to the lack of work life balance. I really don't seee how i can own or even rent my own place, and feel like moving out to live somewhere more chill. Unfortunately im not one of those elites nor come from a rich family, this video almost describe how i feel right now....
@georgeinjapan6583
Күн бұрын
Lie flat on stomach movement.
@maryalawrence8387
Күн бұрын
Hwaiting. Be strong you can do it
@kagenlim5271
22 сағат бұрын
mid 20s here, man this sucks to hear, I guess i must take my plans to live more seriously
@SirGryflet
20 сағат бұрын
In Sydney housing and rental prices are impossible. But at least there's some work/life balance.
@andreandree4384
18 сағат бұрын
Furthermore the island is invaded by the chinese china 😮. In a few decades the whole place will see the island being a part of china 😢 terrible terrible.
@ShaunSomerhalder
Күн бұрын
It's a living hell unless you're really financially comfortable
@meklavier4664
10 сағат бұрын
Not for the local citizens, only for the expat. The public housing is highly subsidized by the government. It is the job of the government to take care of its citizen not the expat
@ShaunSomerhalder
9 сағат бұрын
@@meklavier4664 Expats lives in luxurious private condos and has high paying jobs, most citizens lives in low class HDB flats, earns 1/3th the expat and work long hours with little chance to get high position roles
@ShaunSomerhalder
9 сағат бұрын
@@meklavier4664 HDB FLATS IS LOW CLASS
@KKohl
3 сағат бұрын
It’s the same every where
@Gattberserk
2 сағат бұрын
@@meklavier4664 dont sprout rubbish if you dunno about HDB, I am leaving this godforsaken country becz the HDB are soaring to 1.2million USD for public housing. Not to mentioned subsidzed rate are for married couples. Single cannot buy HDB at a discount rate. Who the F can afford a 1million usd flat with single income?
@halian9256
2 күн бұрын
Everything is fine because Singapore's political leaders award themselves the highest salaries of any politician in the world, and tell ordinary Singaporeans that if not, no one as gifted and talented as they are will serve the country (which actually means they are in it for the money!). They then create a country that favours foreign imported talent, instead of nurturing Singapore's own people; favours businesses instead of employees (there is still no minimum wage), and shove the increasing cost of living in our throats while giving us pocket change just before elections. So, those of you who are from overseas, when you see all the praise for Singapore's economic miracle and such, remember that this is exactly the sort of marketing Singapore's political leaders want you to see - to attract your money and your blood here. This is why half the country is made up of foreigners while the core of Singaporeans continue to dwindle in numbers - the government is actively trying to replace the very Singaporeans that built this country with fresh immigrant talent for whom Singapore looks like a paradise - why bother spending time and money to nurture our own when you can just buy talent overnight?
@andreandree4384
18 сағат бұрын
Agree. Plus the gov opening PR for rich chinese china and mindset, in a decade or so, locals will be replaced by those people with high net worth. All locals will be working as gov employees 😅 servicing "foreigners "
@joellim7010
18 сағат бұрын
As a Singaporean, I must say this video is really accurate regarding the current state of Singapore. A lot of people have the impression that Singapore is a rich country but that is not true. It is only the government and the ministers that are rich. I wouldn't say that there is ZERO corruption, It is more like open corruption to show they are not hiding anything. I mean how is it possible that the US president earns way lesser than Singapore's prime minister but this is what is really happening in Singapore. Also, the people are indeed suffering. Living a normal life or owning a house or even a small car is practically impossible now. Mental health crisis and suicide rates are through the roof. The locals and foreigners are also planning to leave Singapore and retire elsewhere too.
@michaelshih8163
11 сағат бұрын
Your complaint about "transparent" corruption is brilliant. The fact that the ministers, including the prime minister, pay themselves millions of dollars a year is a form of corruption too. But since it is transparent corruption, no one is complaining about it. So silly. This form of corruption is more sinister than the under the table type.
@unitedbrony5907
3 күн бұрын
the more expensive my kopi becomes, the less i want to work
@maryalawrence8387
Күн бұрын
😂😂😂
@paulkhoo3537
2 күн бұрын
Just a lot of spin. I have lived for extended periods of time in Malaysia, UK, Singapore and Australia. I would like to live in Malaysia but despite lots of resources, its system of racial preference means that if you are not the preferred your opportunities are limited. UK and Australia sound good but the taxation regime means you are unlikely to build wealth. Singapore is very competitive environment but If you have ability you can build wealth quickly. That does not mean that those who are less competitive don't have the basic needs. Public housing, public transport, public education and public health are all very good. They are much better than the services found in other developed countries. It is not possible to please everyone. Those who are unable or unwilling to compete should not try to achieve the living standard of those who can. They still have a better living standard than those who are outside the top tier in other countries.
@nicktw8688
Күн бұрын
Don't think the video is disproving that. However....the trend is your friend, and ultimately no great city or city-state thrives without a middle class. It's also the reason why people are moving out of New York City and headed to Miami (or elsewhere). Even Dubai (a proto-Singapore) is suffering the limits of pure capitalism without associated democratic values (such as fostering a middle class and workers rights). Dubai is freak'n expensive! Even for the moderately rich.
@gabillionaire
10 сағат бұрын
don’t blame the racial preference thing la, it’s a disadvantage but not an obstacle
@PaulDamH
3 күн бұрын
As Lee Kuan Yew said himself, Singapore's success is primarily due to the invention of air-conditioning
@SohaiKia
3 күн бұрын
there is no success you dont haolian, only got open leg policy welcoming foreign talent and money launderers
@SirGryflet
20 сағат бұрын
@@SohaiKia Nothing wrong with foreign talent and a bit of diversity. Better than being close-minded and insular.
@26183
19 сағат бұрын
@@SohaiKia u serious ah?
@ZacharyAlexanderGoh
3 күн бұрын
The government of Singapore is rather vindictive towards Singaporeans who leave. Dual citizenship is not permitted and good luck trying to work in Singapore if you ever renounce your citizenship. Sometimes, they call out Singaporeans for leaving Singapore during hard times. The irony is Singapore is comprised primarily of Chinese who historically left China due to economic challenges in their ancestral homeland in different waves. Life is also borderline pointless for the vast majority, homes are basically identical Lego blocks and having children is beyond the majority of many minds, yet for those who want to have children through surrogacy cannot do so, and one can only access they’re frozen eggs if they are heterosexually married, with gay couples not being allowed to adopt either, yet subsidised homes are given to heterosexually engaged couples who don’t need to have children, but are justified as having priority since they’re “likely” to have children. The policy failure is frustrating because it’s purely vindictive and ideological, but I suppose when you have an ex minister of social and family development having to leave due to adultery but during his time as MSF deciding to refuse to expand familial benefits to single mothers (with the justification that such a lifestyle is not to be encouraged), the nonsensical changes to the National exams which really are just complicated rebranding, and the extreme control the government has everywhere, even in the apparently autonomous NUS, it thus becomes no surprise why educated and qualified Singaporeans wish to leave. It’s either you work in Singapore for a while then migrate or you just immediately leave for a growing number of us, me included. People used to say migrating makes you a second-class citizen, but it’s becoming increasingly the case that being a first class citizen in Singapore is worse than being a second class citizen in other first world nations.
@nawwk79
3 күн бұрын
Not happy then leave, complain so much for what? 🙄
@pervertt
2 күн бұрын
Well said. As an Australian, I know a few families who have left Singapore to set up roots in this country. All are well qualified professionals with well paid jobs, and all appear to have integrated well into Australian society. It is not clear to me why they left, but I have no doubt that these families represent an outflow of talent that Any country can ill afford to lose.
@haziq4536
2 күн бұрын
I saw a video showing an article from long ago that the SG government once used a tactic to sterilized poor class people from having children and then promote to the richer class to have children. LKY may be a good leader with a strong backbone but this is disturbing.
@Technosux
2 күн бұрын
Many Singaporeans who migrate actually just get a Western country's PR and use SG's passport to travel and SG citizenship as a back-up plan.
@riptyurass302
2 күн бұрын
@@Technosux Or they just get foreign citizenship and don't tell. Look up Victoria state's data about Melbourne-Singaporeans, 49% of them have Australian citizenship, and I guarantee you the majority of them didn't renounce.
@androidguy-99103
3 күн бұрын
I'm from Singapore. Can attest to the fact that the lifestyle here is so expensive and the work culture / education system is very stressful
@SASMADBRUV7
3 күн бұрын
Do you ever think that the work and education culture will change
@SohaiKia
3 күн бұрын
and its full of foreign talent and money launderers
@Ealsante
3 күн бұрын
@@SohaiKia I remember telling a foreign friend I had ICT, and he said to me, half jokingly, "I'm grateful to Singaporean men for putting their lives on the line to protect my assets." And that's the thing - I remained friends with him, because he wasn't even lying or being malicious. It's just the truth.
@DavidHoughton17
3 күн бұрын
Lets hope Lawrence Wong though i am not too sure if the new BTO rules like mature non mature estate or single people first time buyers will make a difference. Anyway lets see how in the next election.
@targasim3265
3 күн бұрын
@@Ealsantelol you talk you dont own anything in singapore. Its just a matter of who have more. You should be angry with capitalism. Its not singaporeans vs foreigner. Its more about rich vs poor.
@ahmedadel1630
3 күн бұрын
why everybody is leaving everywhere, in Egypt the situations are economically catastrophic in the Gulf countries they started to get satisfied and no longer needing foreigners in the UK racism and high crime rates in Germany the same in USA high taxes in Canada high unemployment rates and taxes so where do you suggest living
@TheAdrianwaka
3 күн бұрын
Kenya
@ihatebalrog
3 күн бұрын
Come to Latvia. Unless you want to marry your cousin. Then don't. That shit's illegal here.
@Omer1996E.C
3 күн бұрын
Governments have followed wrong policies
@stariyczedun
3 күн бұрын
@@ihatebalrog if there is something Latvians hate with passion, it is definitely immigration. Source: I live here as a migrant.
@reverentlygrim2666
3 күн бұрын
Live on the moon
@riptyurass302
2 күн бұрын
The problem is that the government keeps trying to get rich people to move there, which drives up cost of living and competition for property, the average Singaporean won't see any of this money that the rich foreigners park there. The employment pass scheme encourages companies to only give the high-paying work to Expatriats while the locals are there just to fill the employment quota. Singaporeans are some of the hardest working and well educated people in Asia, yet labor rights don't really exist in written law nor is there a legally enforced minimum wage. The government knows there are going to be 'failures' that don't succeed under their system of governance. They just cast them aside because they aren't 'useful' to the modern economy.
@John_Smith_86
2 күн бұрын
We tax these foreign riches. And the median Singaporean is very well off by global standards. As for the failures, true, let those Singaporeans suffer loh.
@ethanf.6848
2 күн бұрын
Success or failure in life isn't defined by being a contender in a rat race, nor does the utopian deal exist in any market economy.
@riptyurass302
2 күн бұрын
@@ethanf.6848 I agree entirely, but under Singapores government, if you’re a ‘failure’ you can’t even afford to live.
@andreandree4384
18 сағат бұрын
Agree. Gov has opened the door to the rich china folk. In a decade or so, SG might look like another region of China 😢..
@John_Smith_86
2 күн бұрын
As a Singaporean, this negative video is generally accurate, although not exactly that negative. But the pause in construction of public housing during COVID is a once-off event, and supply has already partially caught up and will resolve soon. As for the population, the massive influx of high-earning migrants more than offset the low birth rate.
@ペトロージョセフリオ
3 күн бұрын
7:09 "Sngapore's Polulation" tells you everything you need to know about this video's production quality.
@DayrusBPB
3 күн бұрын
Yo wtfrenchfires spelling error is this 🤣Amateurs...
@soonny002
2 күн бұрын
Singapore is not perfect, and its problems are not unique. Unfortunately, being kiasu is the price for being a prosperous and highly productive nation with no natural resources. Singapore is not a place to retire, but it is great for the young and ambitious!
@raoplns
2 күн бұрын
Certainly good for kids...but for young and ambitious, better find another place...such a small market to fulfill one's ambitions
@zemry-mh4sq
Күн бұрын
🟢ATTENTION 🟢Singapore is a mirror image to Sri Lanka with hard working indian ( ASIAN ) population, small little island , but only 1 different. ......That , Singapore has its natural asset - its natural geographic maritime location but Sri Lanka don't ...... ...The key reason for Singapore's remarkable prosperity and economic success is its strategic geographic location as a major global shipping hub. Being situated at the heart of important maritime trade routes between Asia and the rest of the world has allowed Singapore to capture immense economic benefits from the trillions of dollars in maritime commerce passing through its waters. In contrast, a country like Sri Lanka, despite its own geographic advantages, has not been able to achieve the same level of economic development and wealth because it does not occupy a similarly critical position in major global shipping lanes. The implication is that Singapore's prosperity is heavily dependent on its inherent geographic advantages, rather than solely on its people or the leadership of its government alone.( its overhyped to think otherwise ) . Without the geographic the scenario would be different) IF Singapore were somehow relocated to a less strategically important location, like Sri Lanka, it would likely struggle to maintain its current economic success and status. Conversely, if Sri Lanka were able to replicate Singapore's geographic advantages, for example by developing a major shipping canal or land bridge, it could potentially transform its economic fortunes in a similar way. In essence, Singapore's remarkable prosperity is fundamentally rooted in its privileged geographic position as a global maritime hub, more so than any other intrinsic factors.shallow. In fact, Singapore's strategic geographic maritime location is the **major natural asset** that has created trillions of dollars in revenue over the last century. Without this natural asset, Lee Kuan Yew would be unheard of like Sri Lankan Prime Minister and today's Singapore may not have been possible, and may have ended up in a dismal state like its mirror image, Sri Lanka. Singapore is a mirror image to Sri Lanka with hard working indian population, small little island , but only 1 different. ......That , Singapore has its natural asset - its natural geographic maritime location but Sri Lanka don't ...... ...The key reason for Singapore's remarkable prosperity and economic success is its strategic geographic location as a major global shipping hub. Being situated at the heart of important maritime trade routes between Asia and the rest of the world has allowed Singapore to capture immense economic benefits from the trillions of dollars in maritime commerce passing through its waters. In contrast, a country like Sri Lanka, despite its own geographic advantages, has not been able to achieve the same level of economic development and wealth because it does not occupy a similarly critical position in major global shipping lanes. The implication is that Singapore's prosperity is heavily dependent on its inherent geographic advantages, rather than solely on the capabilities of its people or the leadership of its government. If Singapore were somehow relocated to a less strategically important location, like Sri Lanka, it would likely struggle to maintain its current economic success and status. Conversely, if Sri Lanka were able to replicate Singapore's geographic advantages, for example by developing a major shipping canal or land bridge, it could potentially transform its economic fortunes in a similar way. In essence, Singapore's remarkable prosperity is fundamentally rooted in its privileged geographic position as a global maritime hub, more so than any other intrinsic factors.shallow. In fact, Singapore's strategic geographic maritime location is the **major natural asset** that has created trillions of dollars in revenue over the last century. Without this natural asset, Lee Kuan Yew would be unheard of like Sri Lankan Prime Minister and today's Singapore may not have been possible, and may have ended up in a dismal state like its mirror image, Sri Lanka.
@zemry-mh4sq
Күн бұрын
🟢OVERHYPED
@zemry-mh4sq
Күн бұрын
Nothing to be special about .
@WitherWinter
21 сағат бұрын
@@zemry-mh4sqsomeone’s jealous.
@browncony3897
3 сағат бұрын
Contrary to many comments here, living in Singapore can be quite affordable. As compared to US, Australia, Canada ... - Public transport (bus, mrt) is very cheap: about $1 per trip. - Food if you cook is fine. Not that expensive. If you eat out, it's not as expensive as US, Australia or Canada. $4-5 you can get a decent meal. - Housing is cheap for citizens and PRs: around $200k for a 50 sqm unit. Can be paid using CPF. - Medical is not cheap. But can be paid using Medisave. As long as one does not buy a car, it is fine. But of course, there are cheaper places. All neighbouring countries are cheaper. But the quality of living and safety are an issue.
@TheManabopo
51 минут бұрын
Compared to the average wage. Cost of living is actually higher in surrounding countries
@pauls3075
Күн бұрын
This is not just Singapore this is everywhere, Canada, Australia, America parts of Europe ... BlackStone and other trillion dollar investment companies are buying homes across the world and artificially increasing prices.
@satellite_is4994
7 сағат бұрын
The different is our leader very delulu .
@fukunaga-kane
3 күн бұрын
Live fast, die young. Things will only stagnate from now on, like in Japan and Italy. Why not take a long-term approach. Instead of peaking within 60 years and then declining, why not commit to a 200-year strategy with a healthier, less stressful environment and more comfortable growth?
@abellyold4859
2 күн бұрын
Capitalism and human ageing restrict those ideals.
@jayrober4834
Күн бұрын
@@abellyold4859 Exactly
@SirGryflet
20 сағат бұрын
Governments that go for short term economic gains are often seen as good economic managers by a misinformed populace.
@michaelshih8163
Күн бұрын
We lived in Singapore for 17 plus years. I am so glad that we left (ran away may be a better term) in 2013. Life back home is a lot better. We own 3 cars, which would be worth more than $1 million in Singapore. Most Singaporeans can't even afford one basic Corolla. They can only afford to take buses.
@SirGryflet
20 сағат бұрын
Nothing wrong with taking public transport.
@andreandree4384
18 сағат бұрын
I lived 3/4 years in the island, and so happy I was when I left the place to next door and neighbour country !. 😅. Over a decade ago, SG was nice, these days, more crowded than ever, hot and humid, rushing everyday somewhere, enjoying the packed malls on weekends, plus the number of chinese china has increased by many fold these days, the population of the island will look like another china province in the future. Wish you guys good luck.
@andreandree4384
18 сағат бұрын
@@SirGryfletnothing wrong indeed as you don't have choices owning a car anyway. 😅
@michaelshih8163
14 сағат бұрын
@@andreandree4384 Everything is scarce in Singapore except one thing. People. There are people, lots of them, loads of them, everywhere you go or look. Every shopping mall looks the same with the same stores and same high prices, and loads of people. Life can only be described as miserable in Singapore. When we first arrived in 1996, it was quite pleasant.
@andreandree4384
11 сағат бұрын
@@michaelshih8163 so true. Fully agree. With the number of people squeezed in malls, streets, restaurants etc etc make me dizzy 🥴.
@choonhockong8215
3 күн бұрын
The younger generation of professionals in Singapore better think of migrating overseas. The cost of living has gone crazy like housing, food prices, etc. Singapore is flooded with foreign talents and rich foreigners. To make matters worse, giving grants to encourage couples to produce more babies ended up with the wrong type of couples producing more not high-quality babies 😂
@shin-eisato5788
2 күн бұрын
it is good to see more Singaporean seek overseas life. It will make the nation stronger, not only rely on foreign talents. Those will not choose Singapore too, if the cost of living continues to be excessively high and less attractive for a place to settle down..
@sagepirotess6312
3 күн бұрын
I disagree, Singapore is cheaper than La, California. I teach globally, Seoul, Taipei, homg Kong, Singapore. I lived just fine. Living a high end, fashion, materialistic life and driving a car are expensive. Normal life with metro, normal, cheap lifestyle. Saved lots money. Built beachfront house in Vietnam.
@k.vn.k
3 күн бұрын
“Just fine” 😊
@imnotreal7922
3 күн бұрын
Yes! SG is the best country in the world ❤❤❤
@sajahanvincerio2097
3 күн бұрын
with lots of taxes saved in SG. Other countries will burden you with taxes to save the low income.
@siewmj1
3 күн бұрын
The difference is Singapore has no hinterland other than a psuedo one in Johor
@protegelin
2 күн бұрын
@@siewmj1since when after independence did we have a hinterland? In hind sight it is blessing in disguise not to have hinterland so that we are forced into excellence & succeeded thus far.
@bruce4947
9 сағат бұрын
I lived in Singapore between 1995 - 2016 as an expat. I saw first hand the remarkable growth. Last month I visited again and was surprised at how quiet it was now. Clearly less people around.
@buggydes
17 сағат бұрын
Meritocracy doesnt exist any more if it even ever did before. You just need to be an ex army general yes man. One who knows nothing about their field and is far from qualified to be in their role. Pay them millions so they will never go against policies that needs to be passed. Yes, the act of paying them millions to do as they're told is in it self corruption. "legal" corruption.
@satellite_is4994
7 сағат бұрын
I agree. Somehow, an ex military genneral is more "qualified " to be the head of ECDA. 😅
@Human-le9nt
3 күн бұрын
Sounds like the UK! Except in the UK no social housing, a plenty of unbuilt privately owned land, failing infrastructure, declining foreign and domestic investment, low wages, lack of accessible public services like health care. Well, seems like increasing poverty and inequality are similar, and focus on financial services. So much for our Singapore-on-Thames.
@XxAleMaxX
3 күн бұрын
Unfortunately, I agree with every line
@Betweoxwitegan
3 күн бұрын
That's because we sold all of our social housing under Thatcher's neoliberal austerity and have been doing so ever since, the same goes for land and public corporations. We can solve most of these problems with competent, fast acting governance like enacting a 10% LVT, increasing CGT to 40%, increasing top rate income tax to 50%, decreasing bottom rate income tax, increasing VAT to 25%, simplifying and increasing the efficiency of our tax, legal and political structure, etc. A lot of the short term solutions are regressive, such as VAT but they work, in the long term we can decrease the regressivness of our system.
@SohaiKia
3 күн бұрын
RUBBISH
@306316
3 күн бұрын
@@Betweoxwitegan Increasing top rate income tax is happening to the UK right now, and the richest people, who are the ones that have the means to, are leaving because of increasing taxes. Nobody, rich or poor likes seeing their money get taken by someone else. Cutting taxes across the board is always the best choice, as it attracts investment and stimulates growth, but governments really dislike doing so because it gives them less money to spend short term.
@Lucas-wn5wm
3 күн бұрын
Lol sg government housing costs like 400k to 600k. 100 years lifespan. Thats 4k to 6k depreciation
@hafizar6533
2 күн бұрын
This video seem to be very opinion-based. Many negative opinions were sandwiched between actual figures to make these opinions seem legit. Video also talks so much about the detriments of 'streaming' yet only very briefly mentioned that it has been abolished. Very unbalanced and biased.
@TheManabopo
52 минут бұрын
Funny thing is… the purchasing power of people who work and live in Singapore is higher than most asean countries. Food is relatively cheap here compared to neighbouring countries if you work in the respective countries.
@haroldsandiego9975
3 күн бұрын
We are currently in a severe global economic downturn and every country is trying to survive.
@harukrentz435
3 күн бұрын
Yeah all thanks to dementia man i white house.
@gavinlew8273
3 күн бұрын
Nope, people are still spending and eating out in restaurants every weekend.
@waisinglee1509
3 күн бұрын
Downturn? LOL!!! No way.
@306316
3 күн бұрын
We're lucky it hasn't hit us as hard, but there are small signs everywhere. The China divestment/boycott from the west meant lots of extra cheap stuff being dumped into SEA, even as our neighbours are setting up their manufacturing. Our currency remained relatively strong, so as an everything importer we're riding it out high. And unlike the rest of SEA, we don't have much domestic manufacturing that would get killed by this competition unlike in Indonesia, Malaysia and Thailand.
@haziq4536
2 күн бұрын
@@306316 Not true. There is a thing called a "Segi Tiga" or something like that where Malaysia, Singapore and Indonesia within the region will share resources and help each other out. It's like an EU. So, if that happens, which most likely would, Singapore will survive.
@davidwanc11
9 сағат бұрын
The kiasu culture in Singapore was precisely the reason why I left the country and am extremely unwilling to go back even for a brief visit, recreational or otherwise. Being forced to constantly see others as competition made me depressed and borderline suicidal and not receiving a shred of compassion from those tasked with looking out for me made my condition worse to the point where I couldn't even perform at the basic level.
@visualizestudios84
9 сағат бұрын
You know whats ironic? Singaporeans themselves are leaving and immigrants are coming in.
@mirzaahmed6589
Күн бұрын
There's no way a tiny place like Singapore can support 6 million people. They should have encouraged smaller families decades ago.
@fauzirahman3285
2 күн бұрын
Singapore has a centrally planned economy that worked well up to the 90s after which they restructured to allow more investments into its economy. The public housing wasn't so much to address shortage back in the 60s, but planned because of the shortage of land, thus increasing densities to allow more people to live in the small island through the public housing system. The double edged sword with the system though is the racial quota system that the public housing system uses. Through this it prevents neighbourhoods from having an imbalance of racial groups. However, as a racial minority growing up in Singapore, I realised the flat that I grew up in is only allowed to be sold to racial minorities only, thus limiting the market that it can be resold to.
@summerapple7062
11 сағат бұрын
Not true. If you try to sell your flat and was unsuccessful for a period of time, you can appeal to HDB and they’ll reassess your case
@mjmf1430
3 күн бұрын
Those citizens who can leave Singapore are definitely not from the bottom quintile.
@Ealsante
3 күн бұрын
Good video. And this doesn't even take into account the immense social and environmental costs that have been inflicted on Singaporeans in this pursuit for economic success. Singapore is like a miserable billionaire - someone who divorced his spouse, abandoned his kids and ceased all his hobbies and threw himself into work to build a billion dollar company, after which he then sits alone realising there is neither warmth, honesty nor enjoyment in his billion dollar life.
@joshuakzy7472
3 күн бұрын
Could not have said it better. That analogy is SPOT ON. People are seduced by the promise of wealth, low taxes, business friendly etc. But it is a trap. Car and home costs a fortune. There is no space to live. There is no time to live. The water is not clean, the air is smoggy. Money is a currency, you are supposed to exchange it to get something of VALUE.
@ashasandhiasingaram3900
3 күн бұрын
What a profound example.
@ishaks8152
3 күн бұрын
That should be 👍 okay.
@steventay5834
3 күн бұрын
We won't die of hunger in Singapore. Can drive Grab, be a security guard or a cleaner
@lesteryoutube9501
2 күн бұрын
And also a useless keyboard warrior like u
@browncony3897
3 сағат бұрын
Which other countries give citizens $ vouchers and cash $300, $300, $850 and $400 over the past 1-2 years? Lol. Singapore is good.
@ogeyrat
50 минут бұрын
Give you chicken wing now take back a whole chicken after the elections.
@browncony3897
47 минут бұрын
@@ogeyrat Like what..?
@hockysa
20 сағат бұрын
should keep in mind home ownership rate in Singapore was 89.7% in 2023 so the math doesn't make sense for the majority of people not being able to own a home.
@krollpeter
11 сағат бұрын
Streaming is not really being abolished. And Kiasu is a harmful form of competition, not a useful, friendly one.
@UlisesShah
3 күн бұрын
GDP per capita isn't everything, this is why.
@SohaiKia
3 күн бұрын
it can be easily artificially propped up
@ishaks8152
3 күн бұрын
Must take into consideration purchasing power parity (ppp) too.
@ilhamrj2599
2 күн бұрын
Of course, thats why we saw so many homeless and poors in LA and SF, despite having extremely high median income.😂 HK is another extreme example... US is however in better luck, because they can still relocate to cheaper Texas and Floriday which still employs same legal system. While singaporean does not have that comfort... they can relocate to Malaysia or Indonesia... but it is different legal system and corruption level too.😂😂
@fanlee6560
7 сағат бұрын
Singapore is just a little scarrier than other cities. No money is an absollute no no. There is not much special rights just because people were born there. So kids who are born to avg and below household will likely struggle their lives as well, unless they are scholars or able to get rich themselves, else will be a slave for life. University degrees are waste of money these days as everyone working are one, nothing special. We dont really own anything, houses are 99 years at most (the 999 years is not accurate as it can be taken back at compensation) and cars have coe every 10 years. Most people are more self-centered and selfish, maybe its a city. Hence there is no sense of belonging, so even if a Sg goes out to Australia or Canada, they wont feel much diff, only more freedom and bigger.
@davidhamtaro
3 күн бұрын
Beware. When its at its peak the only way forward is down.
@robwelsby5196
Күн бұрын
Yes cost of living and property affordability is a concern, but you are confusing private property prices and rents (which are up with global highs) with HDB flat prices which are subsidised and where (as you say) 80% of people live
@raoplns
2 күн бұрын
Singapore government sells land only when the bid is higher, not lower. Thats how they keep prices going up and so the cost of living...
@brp361
3 күн бұрын
I saw many very old people there working cleaning jobs etc. to make ends meet. There's a lot of rich but a lot of hidden poor and not much social security. It's a nice city but for me, it's the weather makes it unlivable. No seasons, just extreme heat and sun year round.
@SohaiKia
3 күн бұрын
the "rich" are imported money launderers (from scam syndicates etc)
@gavinlew8273
3 күн бұрын
Yes, the heat is insane. It's what most Brits consider a "Heat Wave" year round!
@SohaiKia
3 күн бұрын
the "rich" are imported launderers, scam syndicates etc because the KYC due diligence is just very lax , they can't do stringent KYC or else all these foreigners will just go elsewhere like Dubai
@riptyurass302
2 күн бұрын
The poor aunties that sell 20c tissues always breaks my heart. There's no such thing as a retirement age in Singapore :(
@BladeRabbit
19 сағат бұрын
Thats weird, I remember people making non stop "how Singapore fixed housing" videos.
@liamporter1137
3 күн бұрын
Streaming in Singapore education is a damaging scheme and failure.
@dlmhdlmh
3 күн бұрын
Too poor to live in Singapore and yet able to uproot themselves to emigrate?
@raymondloke
3 күн бұрын
Utter BS...Singapore's population increasing about 50,000 on average every year
@user-cy1oq5zb5u
39 минут бұрын
Even tourists find Singapore expensive. After going there once and seen the sight, one is not inclined to return to Singapore. It is better to go elsewhere for tourism...
@Jernova
2 күн бұрын
“Limited land resources” - looking at how much land is wasted on roads and parking no wonder they have not enough land for housing.
@halian9256
2 күн бұрын
Hear, hear. Indicative of the government's hypocrisy in promoting a "car lite" society - the truth is they purposely created a system where the rich can buy as many cars as they want (including a certain former surgeon minister), while brainwashing the masses that they are "controlling car population". At the same time, widening roads all the time, constructing massive 6-lane monster roads in residential areas. I always wonder what foreigners think when they hear that car prices in Singapore are the highest in the world, and yet, when you come visit Singapore, the roads are full of Porsches, BMWs, Audis, and other luxury cars.
@wtIUpITp1E0wMsydV19c0FUmIXvCU
3 күн бұрын
So happy with this video. More people leaving Singapore, more space for me
@srincriveloficial
17 сағат бұрын
Actually, in my opinion, it totally depends on the point of view. There are people who say they left Singapore and are happy, others say they left and then came back, you know, so it depends on each person's experience of the country, just as there are people, for example, who say that Australia is a clean, safe, beautiful country, others will say that it is a poorly maintained country, with a lot of violence, in short. There are people who say that Singapore is a great country to live in, with a good salary, public transport, that the people are welcoming, etc. But others will say that the people are racist, that the salary is not enough to survive, that there is no balance between personal and professional life (it just shouldn't be worse than Japan, I imagine, due to black companies), anyway. It all depends on experience and perspective.
@steventay5834
3 күн бұрын
Many of my nieces and nephews are working at home after office hours. Some work till late night. This is very unhealthy. Many also complain about not being able to get a BTO flat and marriage has to be delayed!! HDB should have build flats ahead of demand. Then the situation will not be so serious today (caused by delay due to Covid). COE prices are very high. Many people need a car for a living. Government should have built more roads many years ago. And they keep increasing the workers levy. Even for construction industry where Singaporeans are not keen to work
@freddytameo
6 сағат бұрын
Psychological and mental illness are also becoming prevalent with the relentless pursuit of being amongst the best, crème of the crop, top of the food chain. It’s an environment whereby standing still, or slowing down is not an option unless one is happy to settle for scraps. If married couples are struggling to make ends meet for themselves, how could we expect them to have babies to compound their sufferings?
@yaznoor6627
3 сағат бұрын
Singaporean owe a lot to live in Singapore. Always change a new car every 5 year because Singapore Government Policy are not allow use a car more than 6 or 10 year. Loan with bank will not finish until they died because for luxurious life.
@fishn0
2 сағат бұрын
And the public toilets are absolutely disgusting too
@gavinlew8273
3 күн бұрын
Singapore suffers from extreme UHI effect. The night time heat is getting worse.
@johnl.7754
3 күн бұрын
Sounds like most high income countries
@SohaiKia
3 күн бұрын
Singapore -> money launderers, foreign talent, haolian toxic boastful population, very expensive houses, very high car tax, stressful environment but Singaporeans wont tell you that but will just boast that they are number 1, embedded in their toxic brainwashing education system
@HUAHUA1
2 күн бұрын
whole world have similar problems, your just put all problems blame in Singapore and like to complaint. Those high income work in Singapore know how to earn and send money back to India instead your keep complaint! Better stay in India, America Africa village or China village!
@TanAle-p9w
3 күн бұрын
The kiasu culture came mainly from the chinese race which forms the majority in Singapore. the indians,malays and other races are not so kiasu as them.
@TemplarLove
3 күн бұрын
So true!
@blazer9547
3 күн бұрын
The Chinese made Singapore. Indians have no contribution
@roccatx1509
3 күн бұрын
As a Chinese Singaporean, as much as I want to deny, I have to agree what you said is true. It is due to toxic ego Chinese culture of "face". Parents will want to boast about their child to others about how well they are doing academically or what are their jobs etc. Respect is directly related to status.
@TemplarLove
2 күн бұрын
@@roccatx1509 as a Singaporean Chinese, your comment is 💯 facts.
@Userr-Chen-Chen
Күн бұрын
@@roccatx1509are you saying the Melayu and Indian are not as kiasu and boasting ? 🤣 . Don’t lie as you don’t know enough of the Melayu and Indian. Many who claimed they are Chinese like you are fake. 🤣
@qazwsxedc964
2 күн бұрын
Apartments in HK are half the size of Singapore, you cant just compare price of each. Please do some proper research.
@hanrianangga2608
3 күн бұрын
Finally it's great to expose the real image of Singapore
@SohaiKia
3 күн бұрын
foreign talent, money launderers and haolian toxic population
@blizzard762
16 сағат бұрын
Hard work is only attractive if it's well-rewarded. Toiling away just to hand 70% of your gains over to rent-seekers is just serfdom.
@shopkedai
6 сағат бұрын
Earn money in Singaore, live and spend money in Malaysia and relax in Indonesia.
@albertteng1191
6 сағат бұрын
While many are leaving, rich mainland chinese are moving in. Thats just how the world works. Ive been to sg 2x on holidays before and honestly i dont like it enough to live there. I find it too claustrophobic and everything is too man-made, not organic. The chinatown there looks more like a theme park, too manufactured looking. It is very clean though but the people are friendly but not warm like other people in asean. This is just me of course, im sure a lot of people would love to live there
@steventay5834
3 күн бұрын
I am not anti PAP. I just want to contribute and hope PAP can offer a solution or explanation
@Mrunknownz856
Күн бұрын
Want to leave also cannot leave. Need a lot of $$$. Talk is cheap, but money always do the talking.
@Gattberserk
2 сағат бұрын
I am 37 and i am considering permanently leaving the country.
@steventay5834
3 күн бұрын
My friends' children are based overseas. Reasons : higher salaries and lower costs of living. Better work life balance.
@jol166
2 күн бұрын
where
@humanshieldz
2 күн бұрын
Sounds like a worldwide problem lol
@vincentchow6917
8 сағат бұрын
YT: Why Singaporeans are leaving Singapore. Also: Why Malaysians are moving to Singapore.
@satellite_is4994
7 сағат бұрын
It answer itself honestly .
@brian13105
3 күн бұрын
I'm a Canadian who has been to Singapore twice in my life . First in 1966 and then in 2018 and boy , what a difference . But then I was born and still live in Toronto and boy " what a difference ". The one thing that would bother me the most about living in Singapore , as someone who loves to take long road trips and camp all over North America , would be a feeling of claustrophobia .
@genegene8686
3 күн бұрын
Just drove across the causeway
@edwardt2417
3 күн бұрын
@@genegene8686 100K for a COE and another 100K for a basic Honda civic.. yeah easy! lol
@enkii82
3 күн бұрын
@@edwardt2417 he said claustrophobia, not being poor! maybe he can afford it lerr
@edwardt2417
3 күн бұрын
@@enkii82 Well countered. In fact, he wouldnt have to just be 'not poor', but rather wealthy even!:) As OP stated he's Canadian, he probably isnt used to paying 200K for a basic entry level car either:)
@mewletter
2 күн бұрын
Singapore is not exactly known for having lots of big open spaces. 😀 Try Australia. They have huge open wild land that's seemingly stretches forever, like US inner states.
@rrron
3 күн бұрын
The party has got that all that figured out years ago. Low fertility is not a problem if work visas are relaxed even further. How else did the country double its population from 2000 to 2020 with a fertility rate of 1.2?
@emly18kslee1
3 күн бұрын
90 per cent stayed in owned HDB flats. Rental only an issue for new residents and migrant workers.
@riptyurass302
2 күн бұрын
How about the fact that none of this land is going to be passed to their grandkids. It's all 99 year leasehold, and property prices (Even HDB) is growing more and more unaffordable every year. How are the next two generations going to live?
@8August1988
2 күн бұрын
You “stay” in temporary accommodation like a hotel; you “live” in a residence. Furthermore, speaking of “home ownership”, I am sure you know the HDB ultimately owns the flat - i.e. their occupants are NOT strata owners a.k.a. subsidiary proprietors.
@dchey01
17 сағат бұрын
There is a difference between Owning the flat and Owning a 99 years lease for the flat. Owning the flat means, the flat is yours for perpetuity and you can sell it and profit from its capital gains at anytime. Whereas, Owning a 99 years lease means, you can no longer stay in the flat and have to return the flat to its owner "The HDB" after 99 years i.e. you are just renting it. In the case of HDB flats, you had paid the 99 years rent in advance, but you can sell the balance lease to others before the 99 years is up.
@8August1988
17 сағат бұрын
@@dchey01: Yes, the oldest HDB flats are ≈ six decades old. Furthermore, barely 10% of HDB flats qualify for the Selective En Bloc Redevelopment Scheme (SERS) introduced in the mid-1990s.
@davidcoldstar6333
3 күн бұрын
most overestimated country no freedom
@SohaiKia
3 күн бұрын
but the people toxicly haolian
@SkillUpBytes
59 минут бұрын
i disagree because i'm alive
@WildDisease72
3 күн бұрын
Goood but really it's the part with foreign investment that's causing it
@hockysa
20 сағат бұрын
26% not earning enough to keep up with the rest of the country. What is defined as keeping up? We can't and shouldn't expect everyone to keep up with the Jone's
@PranicEnergy
3 күн бұрын
Why be so fixated with national boundaries?? I can work and stay in the city (Singapore) during weekday and go stay in Malaysia on weekends (train ready in 2026). I bought a cheap apartment in Johor. The only problem for Singapore parents is their own Kiasu mentality. Weekends are busy sending kids for tuition or piano classes.
@viper88448
3 күн бұрын
wait till boleh land clamp down such practice for those who do not have proper visa for such move. 🤣
@PranicEnergy
3 күн бұрын
@viper88448 , oh, I forgot to add, Kiasea and Kiasu 😑.
@Jemolian
3 күн бұрын
@@PranicEnergyI don’t think it’s because of kiasu or kiasi but rather 1) people prefer convenience, 2) specific visas will be required, 3) people might think they have better investments in properties in SG either selling the HDB or Condo in the long term, 4) others My colleague is Chinese with Malaysian wife, currently renting on SG, he is going to rent in forest city to save money. My MY colleagues are also travelling through woodlands daily, they just say that they are tired. So it depends on the suitability of conditions and what we are willing to bare overall.
@therover65
3 күн бұрын
Rubbish. Please show verifiable data how many Singaporeans actually left and where did they go?
@telbayshore
2 сағат бұрын
Bruh I’m in the video
@SirHolton1
3 күн бұрын
Man you make great videos I love this ❤ keep on going it’s great makes my day
@TheInvisibleHandCo
3 күн бұрын
Thanks so much - I really appreciate it!
@SirHolton1
3 күн бұрын
@@TheInvisibleHandCo thanks 🙏 😊
@tidusjones125
3 күн бұрын
National language of Singapore isn’t English….. it is Bahasa Melayu 5:18 …….. English is the administrative language of Singapore
@siewmj1
3 күн бұрын
Majority cannot speak bahasa
@kevhall4802
3 күн бұрын
Factually incorrect Lee Kuan Yew made English the official first language and even recommended to China they do so as well He recognised it as the most prominent International language Even though you hear bahasa spoken a lot especially in the retail setting, its not the official language of the country
@hayleyt7197
3 күн бұрын
Bahasa Melayu is the National language of Singapore but It is not à compulsory language to learn for Singaporean of all races. Every race in Singapore can learn their mother tongue respectively. English as the administrative language of Singapore government in turn has bridge all Singaporean together regarding of their language, race or religion.
@ishaks8152
3 күн бұрын
Why not switch to mandarin to suit the government and populace.
@riptyurass302
2 күн бұрын
I thought Singapore had 4 official national languages, English, Chinese, Malay and Tamil.
@Liberty-hw9dh
3 күн бұрын
SLAVERY SYSTEM
@lvjungle2840
3 күн бұрын
That’s why Rent should never bee investment. Price should stay the same for 10-20years after it build
@goolooggg9005
14 сағат бұрын
HDB average prices around $600,000 are too high already, SG better emulate China to control home prices - houses are for living, not for speculation...
@satellite_is4994
7 сағат бұрын
Recent housing prcing is crazy. Even for second hands. But hey ! At least ERA agents are living a good life! Yeah, let's talk about BTO. It's not sustainable. Ps . Still doesn't fully support china.
@LordIScorpia
3 күн бұрын
great video, but you really need to have smoother animations/more frames. It looks like the video is going 15 fps or stuttering. At 1:21 for example.
@tanst7859
Сағат бұрын
Totally agree.. we need to change trajectory.
@Nick-pc9tf
2 сағат бұрын
There's so many fallacies in this video. Cherry picking the narrative.
@user-jt3dw6vv4x
2 күн бұрын
At 12:44 all of the kids are Singaporeans. Why did you put Taiwan, Myanmar and India flags over some of the kids' heads? 💀
@jparsit
3 күн бұрын
SP is following HK and S. Korea. HK is lucky to united to China so people have alternative to mainland to get out of the corporate controls society.
@edwardt2417
Күн бұрын
HK is lucky to be united with China? Tell that to the many Hongkongers who have left, not just to Canada and Australia in the 1990s when reunification was announced, but more recently to those who have taken advantage of the UK's offer to let them move there with the introduction of national security legislation in HK. HK is not a war torn territory, so those who have left are those with skills and/or money.
@michaelmallal9101
3 күн бұрын
My uncle was granted a LL.D. from NSU.
@cac1504
3 күн бұрын
Singaporeans get CDC vouchers.
@michaelmallal9101
3 күн бұрын
Housing is a big problem in Oz too. Even US has big homelessness.
@ethanf.6848
3 күн бұрын
You can't have both sides of the bread buttered. With economic success and appreciating assets, reversal isn't possible without the house of cards tumbling down. A lot don't get why the S'pore passport has been heralded as the most valuable in the world, and it 's not because of your holidays abroad. Your choice to view these things as opportunities, or obstacles.
@edwardt2417
Күн бұрын
That's why when I make grilled ham and cheese sandwiches, I put mayonnaise on the inside and butter on the outside. ROFL.
@rizqdanniel824
3 күн бұрын
Housing problem clearly can be solve..build higher..what SG have now is not much high..SG dont have land but have space upwards..utilise it to max..as you can see the housing is lowered and not much can supply the demand
@John_Smith_86
2 күн бұрын
The pause in our construction of public housing during COVID is a once-off event, and supply has already partially caught up and will resolve soon.
@liamporter1137
3 күн бұрын
PAP, why not solve the high cost of living first. Housing and car are so ridiculously expensive. Living cost in Singapore is too high and quality of life is lower than other countries where big house and car are so achievable. Furthermore, in these countries, you own the house unlike 99 years leasehold in Singapore where one don't own the house but like renting one. But majority of people don't realize that as they don't venture out of Singapore and continue with the rat race.
@joshuakzy7472
3 күн бұрын
It is a fishbowl
@wtIUpITp1E0wMsydV19c0FUmIXvCU
3 күн бұрын
2013-2019 people are complaining about falling house prices 😮
@John_Smith_86
2 күн бұрын
The pause in our construction of public housing during COVID is a once-off event, and supply has already partially caught up and will resolve soon.
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