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[BIG NEWS!!] HDB flat buyers are home owners, not tenants!! Confirmed liao by HDB!!

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Old 16-08-2018, 11:35 AM   #1
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[BIG NEWS!!] HDB flat buyers are home owners, not tenants!! Confirmed liao by HDB!!




The Housing Board's 99-year contract is that between a lessor and a lessee.

The lessee owns the rights to the property for 99 years - that is ownership, and it is not a lie.

What is the purpose in trying to convince the people that the HDB and the Government have been lying to every citizen about their flat ownership, when it would cause only unhappiness, disillusion and more time wasted in a negative discourse without positive outcomes?

Trying to persuade a nation's population that they do not actually own their flats but are simply renters can make people have a much lesser sense of belonging to their country.

We all know that land rights start with an inalienable sovereign right, and the land ultimately belongs to the state.

Even freehold rights to land are subject to acquisition or land taxes.


https://www.straitstimes.com/forum/l...rs-not-tenants




Last edited by muddywaters; 16-08-2018 at 04:19 PM..
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Old 16-08-2018, 11:37 AM   #2
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This is indeed good news and ends the ambiguity once and for all.

You own your HDB flat!
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Old 16-08-2018, 11:38 AM   #3
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Thanks chiu for informing, Jack Sim!
Siang lai de?

Last edited by likevegetable; 16-08-2018 at 11:40 AM..
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Old 16-08-2018, 11:39 AM   #4
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Forum talk la. HDB will still call you tenant
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Old 16-08-2018, 11:39 AM   #5
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That guy Ku who raised this question was trying to gain some limelight I think he always contest for the NMP role but kena rejected few time , he just uses this to gain some publicity, all the media so gugu fall into his trap!!!!

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Old 16-08-2018, 11:40 AM   #6
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Lol total bullsh1t n ignorance

if u own the rights to hdb flat, why is it banks do not accept it as collateral
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Old 16-08-2018, 11:40 AM   #7
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The Housing Board's 99-year contract is that between a lessor and a lessee.

The lessee owns the rights to the property for 99 years - that is ownership, and it is not a lie.

What is the purpose in trying to convince the people that the HDB and the Government have been lying to every citizen about their flat ownership, when it would cause only unhappiness, disillusion and more time wasted in a negative discourse without positive outcomes?

Trying to persuade a nation's population that they do not actually own their flats but are simply renters can make people have a much lesser sense of belonging to their country.

We all know that land rights start with an inalienable sovereign right, and the land ultimately belongs to the state.

Even freehold rights to land are subject to acquisition or land taxes.

https://www.straitstimes.com/forum/l...rs-not-tenants
If you think about it, no one really owns anything anywhere. Everything we have is held by us temporarily, but I digress.

The crux of the whole "HDB flat owners do not really own their flats" issue came from the double standards that have been imposed on aspects such as usage, modifications, etc. It didn't help also that the official responses from the relevant authorities had not been completely consistent across the different agencies.
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Old 16-08-2018, 11:40 AM   #8
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Hdb bo bluff ppl mah. When ask you go sign papers, black and white stated clearly is "agreement for lease"
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Old 16-08-2018, 11:41 AM   #9
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The Housing Board's 99-year contract is that between a lessor and a lessee.

The lessee owns the rights to the property for 99 years - that is ownership, and it is not a lie.

What is the purpose in trying to convince the people that the HDB and the Government have been lying to every citizen about their flat ownership, when it would cause only unhappiness, disillusion and more time wasted in a negative discourse without positive outcomes?

Trying to persuade a nation's population that they do not actually own their flats but are simply renters can make people have a much lesser sense of belonging to their country.

We all know that land rights start with an inalienable sovereign right, and the land ultimately belongs to the state.

Even freehold rights to land are subject to acquisition or land taxes.


https://www.straitstimes.com/forum/l...rs-not-tenants
Then those DBSS owner can proceed to built wall/window around their balcony? Since they are owner so no need seek HDB approval, right?
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Old 16-08-2018, 11:42 AM   #10
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Still zero value
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Old 16-08-2018, 11:42 AM   #11
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Hdb bo bluff ppl mah. When ask you go sign papers, black and white stated clearly is "agreement for lease"

Yah lor. Nobody reads the T&C one meh? When I sign mine this year it shows lease also.
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Old 16-08-2018, 11:42 AM   #12
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So this is how the fish tank can officially become legit. Since the homeowner CAN do anything they want to their properties!

Well played!!
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Old 16-08-2018, 11:43 AM   #13
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Heng we have pap to make this possible
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Old 16-08-2018, 11:43 AM   #14
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So can HDB owners enbloc their flat if they have majority vote?
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Old 16-08-2018, 11:44 AM   #15
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talk bird language!

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