Is your HDB flat better than private property?
I refer to the article “PM Lee Hsien Loong refutes notion that 99-year HDB lease is extended rental, not a sale” (Straits Times, Aug 25). It states that “On the issue of 99-year Housing Board (HDB) leases, Mr Lee refuted the notion that the lease is “merely an extended rental” and not a sale. He said he found the argument...
Things U Need To Know About 99 Year Old Lease HDB
Things you need to know in Singapore regarding properties and their leasehold. #1 As long as your property is a leasehold unit you are not buying a house. You are buying a lease instead. #2 Every cent you pour into your lease either through your cpf or cash payments went to the developers or housing department board and then...
Land policy does not favour the rich
The debate over terminology such as "lessee" or "owner" is largely academic and is much ado about nothing. I recently watched a documentary from Hong Kong which examined why Singapore has been successful in housing its population while people in Hong Kong are facing so many problems. In an interview with Singapore's former master...
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