What happened to old Hdb flats? Will enbloc?

[Mephist0pheLes]

Old HDB flats with decaying lease is a gigantic can that is being kicked down the road by both URA and the owners themselves blindly believing that there will be a bail out at the end.

Ura don't manage hdb flats. Hdb manage hdb flats.

 

[virtualape]

Hdb should set new law to enbloc all old flats with less than 40 years, can continue to make money again

At the rate new citizenship and pr are given out, that might be a possibility. We don't have much land and infrastructure is already there.

Some hip and rejuvenate the area. Change wc piping. Then top up x years lease to 99 years at prevailing market rate less subsidy. That's the cheapest way to maintain value without bursting owners budget.

Sinkies who can't afford it too bad. New citizens and pr will buy.

 

[batniss]

At the rate new citizenship and pr are given out, that might be a possibility. We don't have much land and infrastructure is already there.

Some hip and rejuvenate the area. Change wc piping. Then top up x years lease to 99 years at prevailing market rate less subsidy. That's the cheapest way to maintain value without bursting owners budget.

Sinkies who can't afford it too bad. New citizens and pr will buy.

Continue to wish

 

[virtualape]

Continue to wish

Yeah. That the best case scenario without losing votes.

You need to remember when flats to go 0, it's not a few blocks...it's the entire estate. 30-40k residents some maybe even more.

Before getting to 0, these folks need to find a shelter. Anyway they have vers... just waiting to see how it pans out.

 

[VEF888]

if you BTO when you are in your 20s/30s , no need to worry bah, you wouldn't be around when 99 years lease expire.

if you bbfas never get bto on your own and still staying with parents, blame who?

if you buy resales knowing the remaining lease isn't enough to last you a life time, blame who?

 

[batniss]

if you BTO when you are in your 20s/30s , no need to worry bah, you wouldn't be around when 99 years lease expire.

if you bbfas never get bto on your own and still staying with parents, blame who?

if you buy resales knowing the remaining lease isn't enough to last you a life time, blame who?

That's why. No idea why people want gov do anything for them due to bad planning.

They should learn to help themselves not think the world own them.

Our gov have other things more important to vex than to give free lucky draw handouts every time

 

[Shingoz]

That's why. No idea why people want gov do anything for them due to bad planning.

They should learn to help themselves not think the world own them.

Our gov have other things more important to vex than to give free lucky draw handouts every time

Many sensible comments here. We have many members with the potential to be policymakers.

 

[batniss]

Many sensible comments here. We have many members with the potential to be policymakers.

Thank you

 

[MyWill]

Hdb contract says 99-year lease. But PAP calls it property woah. I believe PAP.

 

[Shingoz]

Thank you

Welcome! Forgot to mention that I agree with your school of thoughts!

 

[jinsadndepress]

if you BTO when you are in your 20s/30s , no need to worry bah, you wouldn't be around when 99 years lease expire.

if you bbfas never get bto on your own and still staying with parents, blame who?

if you buy resales knowing the remaining lease isn't enough to last you a life time, blame who?

Gov duwan let us bto how ?

 

[Earthling]

evict n bury

 

[zhiguzai]

Oldest HDB flats built in the 60s still left 40 over years lease. Why bother now? Kick the can down the road. Wayang here and there and not to rock the boat. Most will not be around would the lease expired.

 

[diequick]

What happened to old Hdb flats?

Will govt come in and do enbloc sales?

Will developer come in and bid for enbloc?

Need to define old, is how old? Oldest flats 50s? There will be the VERS . I can only guess it will be the same story as the "1st round of upgrading". Precincts that voted in support of the gov of the day will be ahead in the VERS queue.

Probably another 15 to 20 years away? Once we cross VERS, then we talk about 99 yr old flats, ok?

 

[EveMuffins]

That y my friend sold his marine parade hdb 3 room with 49 years lease left … earn 70k better than nothing …

yes he earn 70k but his next house may cost 1M.

 

[VEF888]

Gov duwan let us bto how ?

get marry bah, if single above 35 and income below cap, then try try and retry.

otherwise rent forever, last resort, when you are old and frail, share rental hdb with stranger,

 

[Visor9999]

if you BTO when you are in your 20s/30s , no need to worry bah, you wouldn't be around when 99 years lease expire.

if you bbfas never get bto on your own and still staying with parents, blame who?

if you buy resales knowing the remaining lease isn't enough to last you a life time, blame who?

Have to include divorce people as well, they need to sell house so end up with parents.

 

[VEF888]

Have to include divorce people as well, they need to sell house so end up with parents.

not for the one who has custody of the children, of course, still need to buy out the other half's share.

divorced? make sure your next spouse is a first timer then still good chance to get another bto.

otherwise, you have used up your lottery chance, need to work harder bah.

 

[JustForFun]

Residents prepare to sleep roadside or en mass charity site ?

 

[nyvrem]

Hdb will en bloc and give u a new hdb ok?

Make sure u hoot hdb gao gao