28 Jul '17, 11pm

Who Owns the Property in this Case?

Who Owns the Property in this Case?

You must be living in some hole if you missed the narrative recently on HDB housing. Just as a recap, some ministers came out in the past to address about our largest home ownership scheme (you can read about some of the timeline in my article not too long ago here ). The HDB is a 99 year leasehold and they confirm that once 99 years is up, the HDB will return to the government. Enforcement of the lease is confirm when the government will be taking back some housing whose lease will run out in 2020 . So there is a few back and forth between the establishment , and the public about whether they own their home. Being an investor, one of my good friend thought about this interesting scenario. It is a bit hypothetical but it is very possible . Let’s shift the attention to the commercial property space. There are some commercial properties that are on 999 year lease . Having pr...

Full article: http://investmentmoats.com/uncategorized/who-owns-the-pro...

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