WITH election three years away, the problem-besieged government is striving hard to win back votes lost in recent elections.
In quick succession, it announced several measures in response to rising complaints of Singaporeans, including the high costs of public housing and new cars as well as congested public transport.
It was poor planning of these issues that forced Prime Minister Lee Hsien Loong to apologise to the nation in the 2011 election campaign.
The most radical proposal involves resolving the spiralling costs of public housing that may cut prices of new homes in non-mature estates by 30%.
Analysts said that if it could pull it off without damaging the confidence of the whole property market, the ruling party could regain a bit of its lost support. Full story
