If you are one of the many Singaporeans who owns a Housing and Development Board (HDB) flat, one of the key concerns you might have is the number of years left on the lease. After all, even if you are lucky enough to have gotten a new Build To Order (BTO) flat, you can own your HDB flat for up to 99 years. This means that at some point in time, our property will depreciate in value. Or, as some property experts call it, lease decay. This lease decay situation is why most Singaporeans tend to celebrate like they won the lottery when they find out their flat is selected for the Selective En bloc Redevelopment Scheme (SERS) scheme. Under this scheme, those who own an ageing HDB flat selected for SERS can swap out their old flat for a similarly sized new one with a 99-year lease at a relatively low cost....