Letters to the Editor, July 13, 2014
Bernard Lee ("Singapore is a valid role model for HK", July 6) is right to stress that it is only sensible for a government to focus on implementing workable solutions for a country and its people, instead of being preoccupied with theories as the basis of policymaking.

Many Singaporeans use their Central Provident Fund (CPF) savings to pay off their housing loan.
This "investment" in a public flat yields an average return of S$150,000 to S$200,000 (HK$936,000 to HK$1.25 million) after five years if it has been purchased directly from the government.
Those with cash reserves to spare in their accounts may invest in gold as well as a list of approved stocks and bonds.
He considers the five-year minimum occupation period on a Housing and Development Board flat before a sale can take place as making a nonsense of "real private ownership".