Sunday, April 22, 2018

HDB flats will have no value at the end of the 99 year lease

I asked this question in The Wisdom of the Crowd - Is it fair for the HDB flats to be worth nothing at the end of the 99 year lease?

30% of those who responded said - the owners have been misled by the PAP leaders into investing a large sum of money in a HDB flat that will have no value eventually.

25% said - this is what a leasehold is. The owner must accept this legal fact.

24% said - we should vote a new government to find a solution.

21% said - the PAP leaders owe a duty to the HDB owners to preserve the value of their investment.

See the breakdown of the votes in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=588

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