HDB’s 99-year lease could cause property market collapse
At least TWO PAP Ministers (Khaw Boon Wan & Lawrence Wong) have confirmed my point about the HDB 99 Year Lease being ZERO in value when the lease expired. This is an important critical fact that most Singaporeans have ignored for decades and despite of such reality, Singaporeans are still pumping huge amount of money willingly...
350,000 or 480,387 HDB flats older than 30 years?
I refer to “Buying an old HDB flat? Here are some things to consider” dated 13 April. (link) 1. According to the article, there are: – One million HDB flats. – 70,000 flats (7%) are older than 40 years. – 280,000 flats are between 30 and 40 years old. 2. From the above figures, there are 350,000 flats older than...
Mainstream media still defending flawed asset enhancement policy, rubbish article
Former PM Goh’s asset enhancement policy is all hogwash. Any person of average intelligence knows that the value of a depreciating asset cannot be enhanced perpetually. However, MSM has no choice but to continue to defend the indefensible with yet more hogwash. Otherwise, Lau Goh and PAP will lose face . “To buy an old...
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- Caoliangoh on Pakistan to nuke Israel if…
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