[Singapore Dissident] Singapore. Daily flooding dampens property market and business
- Ladies and Gentlemen,
I am not someone who believes too much in Divine intervention but this time, perhaps it happens. It is happening now in Lee Kuan Yew's Singapore. In the last few months global warming coinciding with higher sea levels and increased rainfall have caused extensive flooding throughout the island almost on a weekly basis if not more.
Orchard Road, the prime shopping district where luxury retail shops abound have been increasingly hit by flooding. Roads there are no longer passable almost every week due to flooding, water floods into stores damaging property in the millions and the luxury apartments in which their millionaires live in the vicinity find themselves imprisoned because of the floodwater's outside, while their expensive cars suffer serious damaged by water in garages.
I understand from information received that this has already started a selling spree among the luxury owners because they fear, quite naturally, that as the effects of global warning continue to heighten, which it must, their luxury homes would be worthless in no time, since it is impossible to live in a place which floods almost everyday.
I also understand that the store owners in Lait Towers and Lucky Plaza in the vicinity housing luxury foreign merchandise, the 2 buildings which have suffered the most damage from repeated flooding, are hurriedly terminating their leases and leaving causing a steep drop in both in prices and rentals.
The flooding is not confined to only Orchard Road; it is island wide. Bukit Tiamh which also has expensive apartments and houses are all selling too and the property market is already on the decline and set to crash.
Lee Kuan Yew, the 89 year old Singapore strongman, who has been strutting around his tiny island in his arrogance for the last 52 years, as if he knows everything is how caught with his pants down. I understand he is in hospital and I can imagine him cursing at his minions accusing them of betraying him by not thinking of flooding when they built all these buildings in his tiny island.
Even if Singaporeans themselves never had the courage to stand up to Lee Kuan Yew and his arrogance, it appears Mother Nature can and will. And this will be the end of Lee Kuan Yew's Singapore. The flooding which now occurs weekly will soon become twice a week, and then thrice a week and then in a few years it will become daily.
And this which is not just probable but an established fact the way the earth is warming, simply means that Singapore is far too small to overcome this phenomenon.
More and more shops will close, more and more people will leave and more and more foreigners will pack up. The property market will collapse, the stock market will collapse and Lee Kuan Yew and his country too will collapse.
I have printed out a copy of the tide tables in Singapore and keeping a lookout on the weather pattern in the island. High tides are jotted down and rainy days are looked at. As and when they coincide, you have another wonderful day of rain and floods galore, around Singapore. It may be fun to watch but not much fun if you were a Lucky Plaza store owner.
Perhaps it is time to sell, take your money and leave for higher ground in Australia.
Attorney at Law
Disbarred from practicing law in Lee's Singapore, imprisoned and refused entry to the island for criticizing Singapore's judiciary in this blog (see blogpost May 29, 2008 Singapore. Judge Belinda Ang's Kangaroo Court)
Actively practicing law in California and in good standing at the California Bar.
Member in good standing as a lawyer in England and Wales (Barrister).
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Posted By Blogger to Singapore Dissident at 12/28/2011 08:01:00 PM