![](https://i.imgur.com/CLvY2jA.png")
05-07-2022, 10:06 AM
My family love the place we stay in. We are happy to stay until the lease end by the time lease end I will be 100+yrs old...
Our favorite shops are nearby my friends and neighbors whom we know for decades are nearby.
Some calculate if SERS can make some money if we cough out some money to get replacement flats. Yeah but to actually monetise the gains you need to sell the new place. Where you going to live after that?!
Some say the new lease will help to "extend the value" of these flats which will go to zero in 50yrs time. So what? The value of the flat you actually gain by staying rent free...so what is the deal of it goes to zero after you die.
May be for some calculative Singaporeans who feel with SERS they can work out some way to make $50-$100K out of it.
I rather give it a miss considering the disruption.
Anyway the govt should let residents vote if they want SERS instead of forcing it down our throat. ..and telling us it is good.
Surely Singaporean's preference matter.
Our favorite shops are nearby my friends and neighbors whom we know for decades are nearby.
Some calculate if SERS can make some money if we cough out some money to get replacement flats. Yeah but to actually monetise the gains you need to sell the new place. Where you going to live after that?!
Some say the new lease will help to "extend the value" of these flats which will go to zero in 50yrs time. So what? The value of the flat you actually gain by staying rent free...so what is the deal of it goes to zero after you die.
May be for some calculative Singaporeans who feel with SERS they can work out some way to make $50-$100K out of it.
I rather give it a miss considering the disruption.
Anyway the govt should let residents vote if they want SERS instead of forcing it down our throat. ..and telling us it is good.
Surely Singaporean's preference matter.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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