[[[ForeverAlone]]]

We all like to accuse the govt of being heartless problem causing etc. But let's look at the issue objectively.

1. These 4 room flat kena SERS are 43yo flats with 56yrs compensated at $450K.

2 The new flats are $550+K...Market value as AMK is a good location.

3. The price gap is due to the difference in lease which is 99yrs.

4. It's a very good deal for those who can afford to top up ...as for 100K they turn their kid flats into fresh lease. Those old flats with less than 60yrs left normally very hard to sell as buyer cannot get loan.

5. For those who cannot afford they can sell to a buyer and there are many who want a new flat through SERS and buy the same type of old flat near by ...they can make a profit as their flat will fetch a higher price.

To do a 1 old for 1 new change of flat is not fair as taxpayers will be losing 100+K ....and giving away free lease extensions and disproportionate amounts of money...

This is why You listen TOO MUCH Crap SO CALL local Guru come CPF blah blah


I Use One sentence summary all your crap comments

END OF THE DAY GOVT WILL HELP

No doubt this current PAP is super greedy etc , some policy , the way they do thing is really......
BUT END OF THE DAY GOVT WIL HELP

WHY SIMPLE , IS ALL ABOUT VOTES, GE , IMAGE the so call " trust on Govt since you vote for them "

Talk so much financial stuff , must well you do Youtube video like Loo, Kelvin , what Josh you always watch

I give you face I watch your video so you can earn from Youtube.