Sinkies imprisoned in the hdb mindset.

[syed putra]

Free yourself. Live a HDB free life.

 

[True Believer]

Housing Board flats which are subsidised by the Govt, are community properties sold under lease agreements that contain an assortment of rights that fall short of full ownership. This legal void leaves residents of HDB units with a great deal of limitations over their rights. Public flat dwellers are likely to have their homes confiscated if they fail to comply with the restrictive terms and conditions. The fundamental differences between a condo and a HDB flat are neither academic nor insignificant. Since buyers of HDB units have only purchased a 99-year lease, they have no share of the land where their blocks stand on and no strata title.

 

[True Believer]

Owners of condos may form their own committee to initiate a collective sale to a new developer whenever they wish to since they have a title deed, which means they own a share of that development. HDB dwellers have no such option, since they are not owners of their units, but lessees of the Housing Board (owners).

 

[True Believer]

The reality is that genuine home ownership in S'pore is less than 20% since all HDB dwellers are tenants of the landlord, which is the HDB.

 

[laksaboy]

Daft Sinkies believe a HDB flat is a 'good investment' and a good use of your CPF money. They also believe that HDB flats are 'generously subsidized',

The observant ones would notice that the HDB has become more aggressive in its (propaganda) marketing, from 'BTOgether' campaigns to ramblings about 'home ownership'. The ads can be seen everywhere: lift lobbies, Clear Channel ad boards, painted on buses etc.

 

[True Believer]

Daft Sinkies believe a HDB flat is a 'good investment' and a good use of your CPF money. They also believe that HDB flats are 'generously subsidized', The observant ones would notice that the HDB has become more aggressive in its (propaganda) marketing, from 'BTOgether' campaigns to ramblings about 'home ownership'. The ads can be seen everywhere: lift lobbies, Clear Channel ad boards, painted on buses etc.

If the landlord (HDB) can evict a HDB resident, then he is only a tenant - not the owner.