Han Hui Hui 韩慧慧: More than 50% increase in interest rate #DayLightRobbery

More than 50% increase in interest rate #DayLightRobbery

The common housing loan is at $200,000.

Private interest rate fluctuates at 1.5% to 2.5%.
Public interest rate is pegged at 2.6%.

A photo posted by Han Hui Hui 韩慧慧 (@huihui247) on Aug 18, 2015 at 7:20am PDT

Now, find a financial calculator with amount, period and interest rate.
For example: http://services2.hdb.gov.sg/webapp/BB29MTHLY/BB29SMTHLY

Assuming you’re borrowing $200k for a period of 20 years with 1.5% as the interest rate.

You’ve gotta pay close to a thousand ($1,000) every single month.

When your three years contract is up, you would have paid around $35k but the amount of loan you’ve cleared is $25k.
Yes, you’re paying around $10k for a 1.5% interest rate.

Now, imagine those who took up CPF loan to pay for their HDB and paying an interest rate of 2.6%...

Do you really think the PAP cares about your job?
Your CPF? Your HDB? Your retirement? Your future?

Are you gonna vote for “natural aristocracy”?
Singaporeans collecting cardboard for dignity while PAP ministers collect multimillion dollars salary for dignity?

#‎ReturnOurCPF‬ ‪#‎VoteOutPAP

#ReturnOurCPF #VoteOutPAP
Posted by Han Hui Hui 韩慧慧 on Friday, August 14, 2015

In 2017, Han Hui Hui was 25 years old when the Singapore’s government, through the Attorney-General's Chambers, issued her a letter of demand for contempt of court.
She was made to remove 14 seconds of her YouTube video, edit three of her Facebook postings and posted a total of 18 links on her social media accounts.
Otherwise, she would potentially face 18 years’ jail and SGD$600,000 fine.

In 2016, Han Hui Hui was disqualified from Singapore’s general election as Singapore’s judge Chay Yuen Fatt fined her a total of SGD$3,100 over the #ReturnOurCPF event held on 27 Sep 2014.
According to judge Chay Yuen Fatt, Han Hui Hui is the organiser of the #ReturnOurCPF movement as she “rallied her Facebook readers to come to the CPF event”.
In addition, judge Chay Yuen Fatt said Han Hui Hui “made vitriolic speeches to denounce the government and various government policies”.

In 2015, Han Hui Hui was charged for public nuisance and illegal assembly when organising an event with regards to Singapore’s pension fund.
Han Hui Hui was 23 years old when the Singapore government used 4 deputy public prosecutors to charge her and her supporters in court, they were without any legal representation.
Prior to that, she and her team have been holding events on Singapore’s public transport, Singapore’s public housing, Singapore’s public healthcare and the crowd size was increasing.

In 2014, Han Hui Hui and her supporters were harassed by Singapore’s police with very late night visits to their homes and long interviews without any meal in the police station.
Han Hui Hui underwent a total of 8 hours at the police station from 2pm till 8pm for interrogation by the police.
She was denied of legal assistance and had her paper notebook that was used to take down notes being seized from her.

In 2013, a statutory board under Singapore’s ministry of education threatened to sue Han Hui Hui for defamation.
Han Hui Hui was 21 years old when she received the letter of demand that wanted to silence her freedom of speech.
She was raising questions with regards to Singapore’s education system and the case eventually did not proceed - she had intended to go to the high court to raise a constitutional challenge as to whether a government agency can sue a citizen for defamation.