I refer to CNA’s “HDB flat owners to pay less property tax next year”. link
PAP propaganda attempts to convince HDB flat ‘owners’ that we will enjoy a tax ‘savings’ of between 13.1 and 51 percent for 2017 when in fact we continue to be scammed.
As have been highlighted numerous times on social media, HDB flat ‘owners’ are in fact only lessees/tenants and should not have to pay property tax. link
The definition of “owner” was legislated by PAP through Parliament. PAP has the ability to write all sorts of nonsensical laws which include creaming off CPF returns perpetually simply because members’ low, fixed returns are guaranteed by the government.
The most obvious reason is of course no one can own any public property and the real landlord has always been HDB: buyers/residents being only tenants or subtenants. That is the reason why we are subjected to 1001 rules written by HDB which could be amended at PAP’s whim.
Just about every process requires HDB’s approval/notification, from the purchase and sale to rental and major renovation. The criteria to be eligibile, eg age, marital status, income, living with parents, etc are also dictated by HDB. What about buyers being subjected to an ethnic quota ratio affecting the flat’s resale value?
HDB’s involvement, which includes a pre-inspection check of its property in a resale transaction, confirms it has all the while been the landlord and buyers are only tenants.
How could anyone own any public property? Which “owner” has ZERO control over his own possessions? How stupid can our legislations be?
PAP has been milking billions from HDB lessees through the collection of property taxes. HDB lessees have also been forced, again through legislation, to contribute to a sinking fund to help maintain public property owned by HDB.
The political backlash to redefine HDB buyers correctly as lessees/tenants will be too great for PAP to bear. Fortunately for PAP, most HDB ‘owners’ prefer to live in blissful ignorance.
With the internet, it’s only a matter of time before an increasing number of ‘owners’ woke up to a nightmare and realise they have all along been fleeced.
For now, PAP should do the ‘right’ thing by reducing HDB property taxes to ZERO.