19-02-2024, 04:33 PM
(19-02-2024, 02:07 PM)EvertonDiehard Wrote: It is clear that Housing Board lease agreements 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. The fundamental differences between a condo and 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. That means they are mere tenants of the landlord which is the Housing Board. Do you agree?
If one is just a tenant, how come can sell the HDB for a profit?
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