Tag Archives: HDB

BUYING A HDB FLAT IN S’PORE: SMART OR STUPID DECISION?

If you are buying arguably, one of the most expensive public housing (ratio of price to net income) in the world … If you may be putting a lot of your savings for retirement into your flat – leaving you with insufficient funds for retirement … If your flat’s value starts to decline when potential buyers perceive that it may be too old … If at the end of the day (99 years lease) – your flat may become worthless … Do you think you are “smart” or “stupid”?

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HDB LIFT BREAKS DOWN IN FEB, 2 MONTHS LATER STILL NOT FIXED

A netizen, Dino Chua Buck Song, has complained about a lift in his Housing & Development Board (HDB) estate, which broke down in February and has yet to be repaired 2 months later. According to a notice posted by Dino, the lift broke on on 13 February this year. Dino claims that there is still only 1 lift serving the whole block of 890C, Tampines Avenue 1.

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SDP: SELLING HDB FOR RETIREMENT FORCE RETIREES TO ENDURE STRESS & SACRIFICE

Partially renting out ones' flat comes with risks and problems of ending up with an unreliable or untrustworthy housemate. The other option of downgrading means having to relocate and breaking friendships and community bonds forged through the years. One of life's goals is to work hard in our younger years so that we can live in relative comfort in our twilight years. What is the point if we cannot make such progress in life?

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IS SELLING OF ONE’S HDB FLAT A GOOD WAY TO RETIRE & ENJOY LIFE?

So, in summary – does “A HDB flat is a “good store of asset value” for those who plan ahead and make prudent housing decisions”, arguably mean that one has either to downgrade to a tiny 2-room flat (assuming one is able to pay the resale levy) or give up the future equity and value of one’s flat in exchange for a lease of say 30 years and some money into one’s CPF?

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