- Joined
- Oct 15, 2023
- Messages
- 25,520
- Points
- 113
Over in China, the relatively recent privatisation of housing under lease agreements, does not accord buyers complete ownership. This legal void leaves owners of residential properties with a great deal of uncertainty over their rights. In any case, HDB should not be comparing their lease agreements to a communist country where there are gaps in legislation. The HDB should instead consider carefully how the current lease arrangement fits in with the Govt's asset-enhancement policy for public housing.Tiongs say their hou even though is 70 yr but their gov will return them money or renew the lease, won't let them die.