Jump to content
Find Professionals    Deals    Get Quotations   Portfolios
Sign in to follow this  
chyn_no

99 Years Lease

Recommended Posts

what happens after 99 years if it is still not en-block? where are the folks going to live? will they be forced to buy a new flat?

currently the oldest flat should be around 50-60years?

 

Share this post


Link to post
Share on other sites

Join 46,923 satisfied homeowners who used renotalk quotation service to find interior designers. Get an estimated quotation

so far. no one know.

None of the HDB reach 60 yrs old.

Legally, after 99 yrs, that pcs of land will be return to the Government.

 

Share this post


Link to post
Share on other sites

up to the HDB scholars to worry...

option 1: En bloc everyone

there was a building boom in the past, not sure when, where they relocate all the kampungs...

so there will come a time when they need to build like crazy to shift the people out of these old flats. Doubt they can ever do so....

option 2: renew lease

get people to top up $ for renewal of lease

but what will happen to those who are no longer working and unable to top up lease?

as they no longer sell flats at subsidised rates, they would not allow top up lease at subsidised rates.

my guess is there will be a combination of option 1 and 2. but then, im not a scholar. :P

 

Share this post


Link to post
Share on other sites

HDB has just celebrated 50th anniversary.

http://www.hdb.gov.sg/fi10/fi10320p.nsf/w/...rl?OpenDocument.

Before lease expires, many things within building reach their useful life span liao, eg, pipings, cables, lighting.etc etc.

so far. no one know.

None of the HDB reach 60 yrs old.

Legally, after 99 yrs, that pcs of land will be return to the Government.

Edited by bepgof
 

Share this post


Link to post
Share on other sites

Some were built in 1950s by the then Singapore Improvement Trust. HDB formed om 1 Feb 1960.

Queentown is the first satellite town, follow by toa payoh.

The Bukit Ho Swee fire, in May 1961 was then a "test" to HDB.

What's HIP?

I changed almost everything for the 32-year old flat after buying, except main door's frame - sentimental value.

http://www.hdb.gov.sg/fi10/fi10320p.nsf/w/...ry?OpenDocument

Oh!

Is Queentown 50 yrs liao?

I'm waiting for the HIP.

I want to change my main door. :P

Edited by bepgof
 

Share this post


Link to post
Share on other sites
What's HIP?

Home Improvement Programme (HIP)

http://www.hdb.gov.sg/fi10/fi10328p.nsf/w/...IP?OpenDocument

The Home Improvement Programme (HIP) helps you, the flat owners, to deal with common maintenance problems related to ageing flats, such as spalling concrete and ceiling leaks, in a systematic and comprehensive manner.

Essential Improvements include:

* Replacement of waste pipes

* Repair of spalling concrete

* Repair of structural cracks

* Replacement of pipe sockets

* Upgrading of electrical supply

Optional Improvements include:

* Upgrading of toilets/bathrooms

* Replacement of entrance door

* Replacement of grille gate

* Replacement of refuse chute hopper

You spent big $ to redo the whole house. I only spent $12k to reno my house.

I didn't change alot of things.

I'm only interested main door.

Upgrading of electrical supply.. don't know simi is that.

BTW, your block install the opennet liao bo?

My unit tomorrow.

Tonight need to pull all those shoes cabinet and TV console away from those wall

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×