Election fever is on! This HDB 99-year lease worthless topic is back again. LOL!
At the end of your 99-year lease – your CPF & cash utilised for your flat becomes worthless!
So what? What is the problem?
One neighbor said Uncle8888 is lucky to make lots money if he sells his 4 rm HDB flat as he bought it cheaply at $55K. This neighbour bought it at resale price at $365K more than 15 years.
Read? HDB 4 Room Rental Soften???Uncle8888 asked her about the rental rate. She said that the current rental is $2,000. The previous rental was $2,800.
Down by 29%!
Let assume average Uncle8888’s HDB 4 room rental is about $1K per month from 1987 to 2020 and over 34 years