Category Archives: HOUSING

Majority of HDB lessees still think they are owners after signing an ‘Agreement for Lease’

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Future PM Heng misled and lied about HDB flat buyers’ status, unfit to lead

PAP has realized that an increasing number of citizens have woken up to the HDB scam: ‘Owners‘ have in fact all along been ‘lessees‘. 2 days ago, PM-to-be Heng Swee Keat repeated hogwash by his cabinet colleagues: HDB dwellers are ‘owners’. (“HDB flats … Continue reading

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PAP propping up prices of older resale HDB flats before GE2019

In 2013, PAP drastically reduced the amount of CPF usage for HDB flats with less than 60 years’ lease. The reason: Too much CPF has been used to finance housing. Prices have collapsed and transactions reduced to a trickle. Retirees who … Continue reading

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Town council confirms HDB ‘owners’ are merely lessees

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PAP set off HDB time bomb in 2013, collapse inevitable

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