facebookWhat 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
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.

0 comments

2 answers

Answer Now

Answers (2)

Kelly Trinh, Backoffice technical at financial services firm

Kelly Trinh, Backoffice technical at financial services firm

Level 8. Wizard

Updated on 08 Dec 2019

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

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

Ng Lip Hong Kyith

Ng Lip Hong Kyith

Level 6. Master

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

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

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?
Is there a significant difference between HDB and Private Condominium of 99 years lease old? Both expire in 99 years, the government will take back when the lease is up. What do you think?
[Mother's Day 2020 Campaign] What is the BEST personal finance lesson your mum taught you and why? Let us know and for one of you, we’ll send a cake your way for your mum this Mother's Day on Sunday!?
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 your thoughts about SIA offering voluntary early retirement for its cabin crew? Is this a sign that the travel industry will not pick up so soon and should this pose a concern for investors?