99-year lease is only way to recycle land for future generations to buy BTOs
Today, over 80% of Singaporeans live in public housing. Compared to public housing in most parts of the world, our HDB flats and home ownership model is the exception rather than the norm. Singapore’s housing policies have been uniquely successful. We are the only major city in the world where nearly every young couple getting […]
I could not ask their sons to fight and die for the properties of the wealthy: Lee Kuan Yew
A newly independent Singapore needed to be able to defend herself. To this end, Mr Lee Kuan Yew decided to build a national service armed force. “If we could not defend ourselves, nobody, not even our people, would have faith in our future,” Mr Lee said in a speech made in 2000 made at the […]
Do you own your 99-year leasehold HDB flat?
Some have tried to argue that you do not own your HDB flat because it is on leasehold. You are merely renting it permanently, they claimed. This argument does not hold water at all. The basic rule of law is that you cannot sell something that does not belong to you. It would be illegal […]