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Anonymous

18 Apr 2019

Why do people worry about 99 years HDB lease?

Im am Malaysian and plan to purchase investment in Singapore , I'm quite confuse why at here people worry about 99 years lease? And I ask my family in Malaysia, they said when the lease expire, just renew with malaysia government will do. What's the difference in Singapore and Malaysia ? Thanks .

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    Jason Sing

    Jason Sing

    24 Sep 2018

    Level 10·School Of Hard Knocks And Life at School Of Hard Knocks And Life

    Once a HDB flat reaches 99 years old, the value of the flat drops to $0. There is no renewal in Singapore unlike in Malaysia.

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      Gabriel Tham

      Gabriel Tham

      24 Sep 2018

      Level 14·Tag Team Member at Kenichi Tag Team

      Sorry to say in Singapore, there is no such thing as renew. Once it is 99 year lease, your flat is taken back by govt and you get $0.

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        Malaysia alot of land unlike Singapore. Singapore government will acquire the land back for more int...

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