What is your view on the recent announced VERS during NDR; will the govt pay 48% of the value for just a 20 years lease and its financial implications? - Seedly
Seedly logo
Seedly logo
 

AMA Investment Moats

Property

Asked by Choon Yuan Chan

Asked on 19 Aug 2018

What is your view on the recent announced VERS during NDR; will the govt pay 48% of the value for just a 20 years lease and its financial implications?

You once wrote on the lease decay of HDB flats and SERS in April 16, 2017 blogpost.

2 answers

1

Answers (2)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent
Kelly Trinh
Kelly Trinh, Backoffice technical at financial services firm
Top Contributor

Top Contributor (Nov)

Level 8. Wizard
Answered 4d ago

VERS like SERS is just kicking the problem down the road. It can't be done on a large scale and so the overall problem of how to manage lease decay still exists.

0 comments

0
Ng Lip Hong Kyith
Ng Lip Hong Kyith
Level 5. Genius
Answered on 21 Aug 2018

Hi Choon Yuan, I have to do this to you but i came up with a post without realizing that you asked me this question. So here is the answer.

0 comments

0

Related Questions

My FH and I have a combine income of 7.8k. We can't decide on a location for our resale flat. Our parents each stay at the east and the west of Singapore. What is your take on the following?
Hello, any financial tips for parents of a young child (3yo) and another one on the way this year end? What would be your prorities, and how much do you set aside for your child's future? ?
What are the benefits of buying an IP rider? In a few years time, IP Rider will not cover me for 100% of bill due to the 5% Co-pay stipulated by MOH, so is there any real benefits to continue with my existing Rider?
What to invest in with the money set to pay for uni assuming I took a tuition fee loan and I Wan to make use of the 0% interest when studying. Length of study is 3 years?
Which is the better loan option to take for HDB BTO? HDB or Bank Loan? What is the typical loan amount as a % of property price? If one has ability to pay up for the property, should one do so and reduce the % of property price that is using loans?