PAP has allowed HDB prices to go out of hand. Young Singaporeans can no longer afford public housing and lost their Singapore dream. Young voters must never vote for PAP.
Good time to recall what LKY said; Mr Lee KY said that we’ve grown in the last five years by just importing labour. Now the people feel uncomfortable, there are too many foreigners. Trains are overcrowded with foreigners. Buses, too. Property Prices have gone up because foreigners with PR visas are buying into the market. [Ref: 15 March 2010]
The sad part is that the old hdb apartments are large compared to the small bto cubicles.. even the peasants of the past used to live in spacious kampung houses. Money is not everything..
Lawrence Wong finally spoke the unvarnished truth about 99-year leases - that flats would be returned to the HDB and only a small percentage of flats would undergo SERS
They are greedy and will not care about the people. They want hdb continue to be more and more expensive so they can collect more money for their MPs salaries. They will only give more citizenship to foreigners to replace the locals.
Lee Hsien Loong asserted that it is fair that the value of HDB flats will decline to zero at the end of its 99-year lease despite the government’s past promises that HDB flats are “nest-eggs” that keep growing in value over time.
Rising demand is largely due to singles (including divorcees) and PRs because of falling number of marriages and falling birth rates from 2 decades ago (i.e. those reaching adulthood). On the supply side, there will be 25,000 BTO flats in 2025, and this will likely continue till 2030. Flats built in the 1960s and 70s will be near the end of their leases. With RTS coming in 2026, many will live/rent in JB at less than half of local rents as the ride is less than 10 mins. Overall, prices will fall in real terms (i.e. net of inflation), after 2026. Hope it helps in your planning.
Under SDP Solution: HDB’s CPF Housing Grant scheme will be adapted and improved to provide grants for buying 2-room and 3-room flats for first-timer low-income households
SDP, the party’s proposal to address public housing in Singapore includes the introduction of a new housing scheme called the Non-Open Market (NOM) Scheme.
"We intend to keep the value of these homes up, it will never go down. Because it will be renewed, the surroundings will improve, and as Singapore prospers, GDP goes up, the value of homes will go up." Lee Kuan Yew 2013, at the launch of Tanjong Pagar's 5-year Master Plan
WP announced its new housing policy paper proposes the introduction of SERS Plus and a Universal Sale and Lease Back Scheme (USB) as alternatives to the Voluntary Early Redevelopment Scheme (VERS) introduced by the PAP Government this year.
Wow! S'poreans are very rich indeed. Many thanks to the first-world PAP govt for bringing them wealth by means of consistently high employment and high income.❤❤
PAP has allowed HDB prices to go out of hand. Young Singaporeans can no longer afford public housing and lost their Singapore dream. Young voters must never vote for PAP.
Good time to recall what LKY said;
Mr Lee KY said that we’ve grown in the last five years by just importing labour. Now the people feel uncomfortable, there are too many foreigners. Trains are overcrowded with foreigners. Buses, too. Property Prices have gone up because foreigners with PR visas are buying into the market. [Ref: 15 March 2010]
Tbh , for private buyer mostly singaporean.
The sad part is that the old hdb apartments are large compared to the small bto cubicles.. even the peasants of the past used to live in spacious kampung houses. Money is not everything..
An auntie told me her 3 room flat, open main door, knock into kitchen table already. Corridor more space than indoor homes.
Lawrence Wong finally spoke the unvarnished truth about 99-year leases - that flats would be returned to the HDB and only a small percentage of flats would undergo SERS
This is why I'm vested in Propnex. 🤭
Matching BTO and retirement flat prices closely to their construction costs
Getting out of control, most forget the fact that is 99yrs only if Govt don’t step in, hefty price to be paid.
They are greedy and will not care about the people. They want hdb continue to be more and more expensive so they can collect more money for their MPs salaries. They will only give more citizenship to foreigners to replace the locals.
Another proposal for public housing policies in Singapore was presented by the ground-up initiative called Future Of Singapore (FOSG).
Lee Hsien Loong asserted that it is fair that the value of HDB flats will decline to zero at the end of its 99-year lease despite the government’s past promises that HDB flats are “nest-eggs” that keep growing in value over time.
Rising demand is largely due to singles (including divorcees) and PRs because of falling number of marriages and falling birth rates from 2 decades ago (i.e. those reaching adulthood). On the supply side, there will be 25,000 BTO flats in 2025, and this will likely continue till 2030. Flats built in the 1960s and 70s will be near the end of their leases. With RTS coming in 2026, many will live/rent in JB at less than half of local rents as the ride is less than 10 mins. Overall, prices will fall in real terms (i.e. net of inflation), after 2026. Hope it helps in your planning.
Under SDP Solution: HDB’s CPF Housing Grant scheme will be adapted and improved to provide grants for buying 2-room and 3-room flats for first-timer low-income households
"is heading towards more stability?" i am not too sure abt that.
Those are the solutions to solving the HDB 99 Year Lease
you ok dude? you created an account, and you already have 46 posts on this channel alone. you actually believe you are making a difference?
SDP, the party’s proposal to address public housing in Singapore includes the introduction of a new housing scheme called the Non-Open Market (NOM) Scheme.
"We intend to keep the value of these homes up, it will never go down. Because it will be renewed, the surroundings will improve, and as Singapore prospers, GDP goes up, the value of homes will go up."
Lee Kuan Yew
2013, at the launch of Tanjong Pagar's 5-year Master Plan
More excuses
Funding the rebuilding of HDB flats after 100 years
Singapore Democratic Party - Housing a Nation: Holistic Policies for Affordable Homes
WP announced its new housing policy paper proposes the introduction of SERS Plus and a Universal Sale and Lease Back Scheme (USB) as alternatives to the Voluntary Early Redevelopment Scheme (VERS) introduced by the PAP Government this year.
Providing HDB flat owners with an affordable 99- year lease top up after 50 years;
* Providing sufficient decent-sized and affordable rental flats for lower-income Singaporeans.
Worker’s Party - Counting Down to Zero: Are There Alternatives to VERS?
Wow! S'poreans are very rich indeed. Many thanks to the first-world PAP govt for bringing them wealth by means of consistently high employment and high income.❤❤
tiagong inflation only 2% lol
this is w/o including property prices.
Wooow
🤔🤝🤝💰💰💥💸💸💸😢🤒🤒🙏🏻
Thank you for your information 🙏🏻🙏🏻