Tag Archives: SERS

PAP MINISTER CONFIRMS YOUR HDB FLAT WILL BECOME WORTHLESS WHEN LEASE ENDS

Since Singaporeans have been subjectef to the consistent rhetoric for decades that our HDB flats are a good “asset enhancement” policy – shouldn’t the priority for Sers be on the age of the flats, rather than “located in sites with high redevelopment potential”? If anyone from the Government had said what is being said by the Minister now in the past – would so many Singaporeans have put in so much of their CPF and cash into their HDB flats?

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WILL OUR HDB VALUE DROPS TO ZERO OR INCREASES PERPETUALLY?

According to the Straits Times news report “Enhanced Lease Buyback Scheme draws more applicants after April changes” (Jun 12) – “Interest in the Lease Buyback Scheme surged when more households became eligible in April, with 450 applications in April and May, the Housing Board said on Friday (June 12).

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