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21-12-2019, 08:30 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
One issue that needs to be addressed is the decaying of leases on older HDB flats, which erodes their value and depletes their owners' potential retirement funds.
As HDB flats approach the end of their 99-year leases, their value falls. While this was not much of a problem 20 years ago, it will become progressively so as the flats age. By next year, Mr Ku estimated that 220,000 HDB flats will be more than 40 years old, and by 2030, that number will swell to around 500,000 -...
PAP Has The Solution To Tricky HDB Lease Decay! Vote For PAP! (https://www.sammyboy.com/threads/pap-has-the-solution-to-tricky-hdb-lease-decay-vote-for-pap.277654/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/pap-has-the-solution-to-tricky-hdb-lease-decay-vote-for-pap.277654/).
One issue that needs to be addressed is the decaying of leases on older HDB flats, which erodes their value and depletes their owners' potential retirement funds.
As HDB flats approach the end of their 99-year leases, their value falls. While this was not much of a problem 20 years ago, it will become progressively so as the flats age. By next year, Mr Ku estimated that 220,000 HDB flats will be more than 40 years old, and by 2030, that number will swell to around 500,000 -...
PAP Has The Solution To Tricky HDB Lease Decay! Vote For PAP! (https://www.sammyboy.com/threads/pap-has-the-solution-to-tricky-hdb-lease-decay-vote-for-pap.277654/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/pap-has-the-solution-to-tricky-hdb-lease-decay-vote-for-pap.277654/).