First they set the trap to lure dumb fish into the cove ... bank offer cheap credit ! (EPF own bank)



Then they constrict the area by panicking then fish so they cluster together ... bubble story/ price increase story/ developer cannot sustain (EPF owned developer)



Then its harvest time ... interest is increase to kill off borrower and transfer their wealth (property) to them self.


Bank lose nothing since they have already pay off the property from the start at the OLD price, Developer has already made their profit and Government already took their cut on stamping.

Then we recycle the entire game by offering easy credit again, the old stock collected get sold off at above purchase price as inflation would naturally push the price up. ohh forget loan can be written off as NPL, pure profit from the asset sale.

if you understand the game then you can play the game ... else you dumb fish loh !

Do you support the black chess peace or the white chess peace ?



most likely your choice is wrong ... cause you don't see the actual player, you only see a hand.

There is only 1 player in this chess game, their objective is to sell ticket for you fans to come see.
they play both side.

EPF own Bank, EPF own Developer, EPF own Land ... hmmmmm who own EPF ?
you all fight ... more intense is better ... else you will see who really move the chess peace ...