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.

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Kelly Trinh

08 Dec 2019

Backoffice technical at financial services firm

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.

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Ng Lip Hong Kyith

21 Aug 2018

Chief Editor at Investment Moats

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.

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Wld u buy a 2nd property if you need to - pay $145k absd - property already leased out for2.7k monthly - maintenance 200 monthly - loan is 2.9k for 20 years - after paying 300k plus for absd bsd 25%

I bought a whole life policy about 20 years ago that requires premiums to be paid till age 85. Should I switch to a term or limited pay whole life policy to reduce financial burden in old age?

29 this year. Bought GE endowment 2 years ago (pay 10y, hold till 15y to breakeven), with annual premiums 3.6k. Now in 2nd year paid 7.2k. Current surrender value is 0. Just started robo-stashaway?

How much are you paying for insurance? I'm 25, paying $400/month for hospitalisation, life (20 years payment then cover for life), ECI, CI, disability income of 2800/month. Is this a fair amount?