TR EMERITUS

LBS is actually quite fair because it properly values an HDB flat. The value of an HDB flat is determined by the unused portion of the 99-year lease. So Lawrence Wong is right when he said that at the end of the lease the value of the flat to the “owner” (lessee) is indeed ZERO because it has to be returned to HDB with no... 

I have come to realise that loan sharks nowadays are trapping innocent Singaporeans without even giving them any loans. I don't see adequate news available to show Singaporeans the methods of these loan sharks and would like to seek your help in posting these news so that our fellow citizens do not get caught unaware and trapped... 

Let say you get marry at 25 years old. When u buy a 99 years lease resale HDB for 400K using CPF. When you are retired , how is one able to top up the CPF using the lease buyback scheme which pays for remaining lease value rather than time appreciated asset. So you owe your own CPF account Money + accrued interest ? At 60 years...