Are Singaporeans able to retire with escalating medical costs, low CPF interest and expiring HDB flats?
On Friday (13 Apr), a netizen wrote to former NTUC Income Chief Tan Kin Lian asking if average Singaporeans would be able to retire after news that older HDB flats are a “ticking time bomb”. This is because the value of a HDB flat would revert to zero upon expiry of its 99-year lease. CPF’s low interest rates force...
HDB time bomb: Should lessees wait for it to explode?
Retiring Singaporeans who bought into PAP’s asset enhancement (AE) programme – now turned out to be a scam – should seriously consider selling their HDB flats if they are approaching 40 years old. The HDB time bomb has already started ticking after MND Minister Wong reminded HDB lessees that the value of HDB flats will...
Estate agents so stupid and selfish meh?
Mr and Mrs Ow should lose their licences because they are so stupid that they didn’t know that the shorter time left on any lease, the value of flat goes down. (HDB flats: 35 is a dangerous age and Why 30-year old HDB flats difficult to sell/ Why PAP rule will end in 2029) I am very concerned if property agents who are...
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