“According to the SLA, the total size of the lots 24,26,31 Ridout Road is 48,790 square metres or approximately 525,171.19 square feet.”https://www.facebook.com/theonlinecitizen/posts/pfbid02KLkJNrVshVw4nDa2eYMA3wZvPGQAXCpErhpcdMjLTf5oq2TSTwUCAXzR1wpvQHF3l
So, does the above mean that each of the 3 Black & White bungalows may be about 16,263 sq m (48,790 divided by 3)?
As the size of 4-room HDB flats is about 85 to 93 sq m – does it mean that the subject Black & White bangalow, may be about 174 times (16,263 divided by 93) that of a 4-room flat? https://www.99.co/singapore/insider/hdb-space-really-need/
In this connection, I understand that a cabinet Minister’s annual total remuneration may be about $2m
In this connection, the average prices of non-matured estates HDB BTO 4-room flats increased from $147,500 in 2001 to $371,500 in 2021https://stackedhomes.com/…/are-btos-still-as…/…
In this connection, the following are the “lower-income” resident workers’ income statistics:
– Jun 2022
28,700 less than $500
77,200 $500 – 999
156,500 $1,000 – 1,499
175,600 $1,500 – 1,999
181,800 $2,000 – 2,499
https://stats.mom.gov.sg/…/Labour-Force-in-Singapore…
The above means that about 619,800 workers’ typical take-home pay was less than $1,999 ($2,499 less 20% employee CPF contribution)
To put the above figure in perspective – about 706,600 (619,000 + 87,600 unemployed residents Jun 2022 non-seasonally adjusted), earned less than $1,999
https://stats.mom.gov.sg/Pages/UnemploymentTimeSeries.aspx
