Tuesday, September 11, 2018

HDB Studio apartment

Dear Mr Tan,
The lease period for a HDB studio apartment is 30 years. Why must the occupant pay everything upfront in order that he can have the keys to the unit.
I consider it a 30 years lease for these reasons:
a) you cannot take loans from the banks
b) you can't sell it to the public
c) the value is depreciating each year
d) if you don't want the unit you must return to HDB.|

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