Recently, I have been hearing a lot of people talking about the declining value of HDB Flat due to the 99 year leasehold problem. The opposition political parties members also went on to rattle away about how the current government is not doing enough to address this problem and it is wrong to be telling Singaporeans that HDB is an appreciating asset. In addition, many folks began to assert that owning a freehold property is the best solution to preserve the capital value of the investment into housing which is a major component of all assets for most families. The “Legend of Freehold is King” in Singapore is not entirely correct for a number of reasons: (1)  In one of my previous post, I have mentioned that in land-scare Singapore,  no one can guarantee that the Singapore Government will not invoke the use of a major weapon in their …