The lease decay issue is a very complex matter that will need to be resolved by our government given another 20-30 years later. Especially for HDB, it is a political time bomb for government to allow the lease to go zero, as government cannot afford an entire cluster of HDB dwellers getting upset with government in GE. SERS is not the only way to solve the lease decay, no one seems to talk about the VERS where HDB owners are allowed to decide their own fate of housing solutions too.😊
Good effort. Unlike many Singapore property agents who keep pushing leasehold.
The lease decay issue is a very complex matter that will need to be resolved by our government given another 20-30 years later. Especially for HDB, it is a political time bomb for government to allow the lease to go zero, as government cannot afford an entire cluster of HDB dwellers getting upset with government in GE.
SERS is not the only way to solve the lease decay, no one seems to talk about the VERS where HDB owners are allowed to decide their own fate of housing solutions too.😊