Yes this issue should had been cleared by now since PM Lee's NDR Speech 3 weeks plus ago.
Yet, it is still one of the hottest topics discussed.
So, here it is:
"Factually and legally wrong to say HDB flat owners are merely renting the units: Lawrence Wong
SINGAPORE - It is "factually and legally wrong" to claim that Housing Board flat buyers do not own their flats and are merely renting them, said Minister of National Development Lawrence Wong.
That is because all buyers of leasehold properties - whether public or private - enjoy ownership rights over their properties during the period of the lease."
Let's officially define HDB flat owners as Leasees with rights to sell their flat if they so desired though if they hold till maturity, it will depreciate to 0 unless the gov decides to compensate or renew the lease with 0 charges!!
MORE Tellingly, Minister KHOR Boon Wan said HDB flats above 50 yrs can STILL APPRECIATES "as long as we r in gov!!"? How does he justify this statement? Through using the trillions to pay for FREE renewal of ecpired 99yrs HDB leased?
Is this a veiled threat to the voters not to rock the boat in the coming General Election?
What hv the oppositions had to say on these issues? Not saying any comments on the MAINSTREAM News media!!??
Yet, it is still one of the hottest topics discussed.
So, here it is:
"Factually and legally wrong to say HDB flat owners are merely renting the units: Lawrence Wong
SINGAPORE - It is "factually and legally wrong" to claim that Housing Board flat buyers do not own their flats and are merely renting them, said Minister of National Development Lawrence Wong.
That is because all buyers of leasehold properties - whether public or private - enjoy ownership rights over their properties during the period of the lease."
Let's officially define HDB flat owners as Leasees with rights to sell their flat if they so desired though if they hold till maturity, it will depreciate to 0 unless the gov decides to compensate or renew the lease with 0 charges!!
MORE Tellingly, Minister KHOR Boon Wan said HDB flats above 50 yrs can STILL APPRECIATES "as long as we r in gov!!"? How does he justify this statement? Through using the trillions to pay for FREE renewal of ecpired 99yrs HDB leased?
Is this a veiled threat to the voters not to rock the boat in the coming General Election?
What hv the oppositions had to say on these issues? Not saying any comments on the MAINSTREAM News media!!??
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