Property
Reason Why the 99-Year Term Limit on Properties are a Must
By Investment Stab  •  March 2, 2023
There are 3 (R)easons why Singapore set a 99-year term limit on public housing and most private housing. 2 of which have been mentioned by the Singapore Government multiple times on multiple occasions. The last reason was one we thought of as a potential reason that was not explained/explored by people. Recommended Read: Trevor Noah Explaining CPF Reason One: Revitalise old Building(s) Buildings deteriorate over time. Eventually, there will come a time to demolish and rebuild. However, if no absolute deadline is set, the probability of the building being demolished is ZERO as people living inside the building will not allow it to happen. Hence a rule (or law in this case) has to be set in place to mandatorily allow the buildings to be vacated for demolishing and rebuilding. Recommended Read: Why We Still Need Insurance Agent Reason Two: Re-purpose the Land...
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By Investment Stab
We are a group of Singaporean students who are curious and interested in Finance. As we dive deeper into this area in search of more knowledge, the more debates and differences we have. We also realised that financial literacy is not strongly inculcated in the younger generations, leading to numerous costly mistakes. Some of such includes believing in "high profiting" scams such as land banking and buying unnecessary investment schemes which are often motivated by the salesperson's personal interest ...
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