Mah Bow Tan claims that HDB flats remain “affordable†and as
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Difference between Freehold and Leasehold
Freehold /owner is said to have a full bundle of rights
including the right to use.occupy,enjoy or dispose of the property
withour reference to anyone
Leasehold/has limited rights/ his/her rights will expire at
the end of the lease period
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Originally posted by noahnoah:
Difference between Freehold and Leasehold
Freehold /owner is said to have a full bundle of rights
including the right to use.occupy,enjoy or dispose of the property
withour reference to anyone
Leasehold/has limited rights/ his/her rights will expire at
the end of the lease period
I suppose HDB owners are lease holders, right or not?
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There is those condo under 'capital land..." something like that...that stated 99 yr lease. That means same as hdb 99 yr lease?
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Originally posted by likeyou:
Even the land deed/cert also say 'owners' if you have one, you may check it out.
that one make you happy only mah, imagine there is clause saying that they can take back the flat if the occupants/leasees had misused the flat for any illegal business etc etc under the laws of singapore.For us, freehold, if we use it to do illegal stuff, they cannot take our house away, the most they can do is ask us to sell it.
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Originally posted by Fantagf:
I suppose HDB owners are lease holders, right or not?
of course HDB owners are leaseholders99 years
Whatever u do to ur hdb unit, u have to ask HDB
u are subject to their rules rules rules!!
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Originally posted by angel7030:
that one make you happy only mah, imagine there is clause saying that they can take back the flat if the occupants/leasees had misused the flat for any illegal business etc etc under the laws of singapore.For us, freehold, if we use it to do illegal stuff, they cannot take our house away, the most they can do is ask us to sell it.
Another thing..if owner mati, dont need to pay any housing loan. -
Originally posted by likeyou:
There is those condo under 'capital land..." something like that...that stated 99 yr lease. That means same as hdb 99 yr lease?
HDB also 99 yearsCondos also 99 years
One control/subjected rules by HDB
One Control/subjected rules be developers
Who got more freedom
You decide
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Originally posted by noahnoah:
of course HDB owners are leaseholders99 years
Whatever u do to ur hdb unit, u have to ask HDB
u are subject to their rules rules rules!!
Actually, if people can afford I usually advise them to buy private property. Too many restrictions set by HDB. What I don't like about HDB is, any ah tee ah kow will come knock on doors, letterboxes full of junk mail -
Majority of the locals live in hdb.
Not all can afford to live in landed property.
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Originally posted by Fantagf:
Actually, if people can afford I usually advise them to buy private property. Too many restrictions set by HDB. What I don't like about HDB is, any ah tee ah kow will come knock on doors, letterboxes full of junk mailNo ah lian and ah huay knock meh?? I dun understand why singaporeans are living in a jail kind of house, and all those door gates look like jail gates...everything very square square one
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Originally posted by Fantagf:
Actually, if people can afford I usually advise them to buy private property. Too many restrictions set by HDB. What I don't like about HDB is, any ah tee ah kow will come knock on doors, letterboxes full of junk mail
Of course HDB so many rulestill sometimes even those blur HDB
officers dun even know at all
get mixed up too
so malu sia
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Originally posted by likeyou:
Majority of the locals live in hdb.
Not all can afford to live in landed property.
ya, no wonder HDB built above the land, you can never truly touch land -
Originally posted by noahnoah:
Of course HDB so many rulestill sometimes even those blur HDB
officers dun even know at all
get mixed up too
so malu sia
I notice many of those working for govt directly or indirectly are not well trained. Eg, HDB, NTUC, Singtel -
In future, hdb will built underground.
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Originally posted by Fantagf:
I notice many of those working for govt directly or indirectly are not well trained. Eg, HDB, NTUC, Singtel
Well trained people dun work in all these places.. -
Originally posted by likeyou:
99 yr, within 99 yr , we are owners.
I have a question out of curiosity cuz I lost touch with PAP super policies .Assuming you stay in an old flat for 30 over years and the garmen want you to relocate......you like the neigborhood so much (your reason for staying there over 30 years) but garmen is making you a deal you cant refused because Godfather Lee said so...you end up owning a bigger flat not far from your old place but will you get a new lease of 99 years? Or will you get only 60 over years ? -
Originally posted by likeyou:
In future, hdb will built underground.
you mean you also die in the same place? -
Originally posted by likeyou:
In future, hdb will built underground.
How about a 'Floating City on a giant pontoon off sister's island? Where the rich can migrate instead of going to Australia.LOL -
Originally posted by Short Ninja:
I have a question out of curiosity cuz I lost touch with PAP super policies .Assuming you stay in an old flat for 30 over years and the garmen want you to relocate......you like the neigborhood so much (your reason for staying there over 30 years) but garmen is making you a deal you cant refused because Godfather Lee said so...you end up owning a bigger flat not far from your old place but will you get a new lease of 99 years? Or will you get only 60 over years ?you get the full life of the new flat - 99 years
this is because it is not a one for one exchange between your old flat and your new flat
you have to sell your old flat back to hdb. the price is decided by a valuer assigned by hdb (no COV/premium here)
then you buy the new flat from hdb
since you paid the full price for the new flat, you get the full 99 years
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Originally posted by angel7030:
Well trained people dun work in all these places..
It is not the problem of these people, it is the problem of the places they work with. The companies do not provide sufficient training or no training at all. -
Originally posted by holygoh:
you get the full life of the new flat - 99 years
this is because it is not a one for one exchange between your old flat and your new flat
you have to sell your old flat back to hdb. the price is decided by a valuer assigned by hdb (no COV/premium here)
then you buy the new flat from hdb
since you paid the full price for the new flat, you get the full 99 years
Thanks for the reply.So will it be a win win situation ?
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Originally posted by likeyou:
Majority of the locals live in hdb.
Not all can afford to live in landed property.
Did not your read the word "afford" in the post? -
Originally posted by Arapahoe:
you mean you also die in the same place?
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Originally posted by Short Ninja:
Thanks for the reply.So will it be a win win situation ?
how can it be a Win Win....given that fact that the new flat you have to pay more?
either way you Pay.. stay you pay for upgrade move you pay more for new flat. Am I right? What if you finally starting to have positive saving in your CPF?
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Originally posted by Short Ninja:
Thanks for the reply.So will it be a win win situation ?
from a money prespective, depends on whether you benefit from selling your old flat to hdb, and how much you have to pay to get the new flat. After all the transactions, do you have more or less money?