This is awesome! Our Prime Minister had announced during the National Day Rally that HDB will be launching (albeit in another 20 years time) the Voluntary Early Redevelopment Scheme ("VERS"). Under VERS, HDB owners of flats aged 70 years old will be able to vote (akin to enbloc for private properties) for the government to buy back their homes before the end of the lease. Considering that more than 80% of our fellow Singaporeans live in HDB flats, this is certainly a right step in resolving the depreciation and eventual zero value of HDB flats upon the end of the 99 years old lease period. VERS thus offer another solution for Singaporeans to preserve at least part of the value of their beloved homes and hard earned money. The 99 years leasehold expiry nightmare suddenly surfaced last year (2017) when our Minister for National Development, Lawrence Wong, mentioned that...