Friday, August 24, 2018

Rebuttal to PM Lee's comment on HDB Leasehold is the same as Private Property



Rebuttal to PM Lee's comment on HDB Leasehold is the same as Private Property

Our PM Lee has made the following comment during a book launch:

"I find this argument frankly amazing. Many private properties are held on 99-year leases too, and yet nobody argues that they are merely being rented," said Mr Lee. "HDB lessees have all the rights over their flats that owners of such leasehold private properties have. You can live in it, you can transact it, you can bequeath it to you children. In fact HDB owners enjoy extra privileges because HDB flats get upgraded from time to time, with generous government funding."


1) Manay Private Properties are held on 99 year leases but they do have FULL rights to their properties and LAND. Eg. they could FENCE up their properties, decide on their own landscaping, rent out their properties without much restrictions, decide on their own when and how much they could sell their properties and do Enbloc redevelopment.

2) Private Properties owners also own their land for that leasehold period with strata tittles accorded.

3) However, HDB lessees DO NOT own their land with strata titles. Could PM Lee provide the proof that HDB lessees own their land with strata titles?

4) HDB lessees DO NOT have FULL rights to their HDB flats. They only have LIMITED rights, restricted by all the HDB rules, regulations and law.

5) HDB lessees cannot decide anything about the land their HDB land sits on. They cannot fence their blocks up or employ security guards.

6) Even when it comes to Enbloc, only HDB could decide when it could be done and only HDB could buy back all the HDB flats for Enbloc.

7) HDB Lessees cannot even sell their flats FREELY to anyone, unlike Private Properties.

8) Ironically, since HDB is the LAND LORD which owns the all the land that HDB flats sit on, why should HDB lessees be asked to pay part of the upgrading fees? It is the responsible of the LAND OWNER to maintain the infrastructure built on the land, is it not? How could PM Lee turn around and said that HDB lessees are enjoying some "privilege" of "heavily subsidized" upgrading when it was the other way round, HDB lessees made to subsidize the upgrading work which is supposed to be the Land Owner's aka HDB's obligations?

9) Fundamentally, there are GREAT differences between the 99 Year leasehold between a Private Properties vs HDB flats.

Goh Meng Seng

23 comments:

Anonymous said...

Public Housing 99 years:(1) Stringent rules & regulations. (2) $700 psf. (3) Highly Subsidies (4) Government Grants.



Private Housing 99 years. (1) $1400 psf.

Anonymous said...

Government owns the land. Tenants own their homes. The magic is in knowing how one looks at it.

Anonymous said...

When one only pays half a million $ for an apartment, just expect the home to be mediocre.

Anonymous said...

Do they care for the people or care for money?

Of course the people!

Are you sure?

If no people, than where are they to collect money? Bodoh.

Anonymous said...

We have clearly stated our policy that children are supposed to be picked up by 6 pm. But very often the parents are late. The result: at day's end, you have some anxious children and at least one teacher who must wait for the parents to arrive. What to do?

Anonymous said...

Edwin Tong & Desmond Lee look sama but they are berbeda orang. I also took a long time to realise lor same as you.

Anonymous said...

"Any change, even for the better, is always accompanied by drawbacks and discomforts."

Helen Kelle

Anonymous said...

We are all scrambling along in the rat race, elbowing others and getting elbowed ourselves. Always racing towards something.

Anonymous said...

Good leaders is like being a parent. The joy of it comes from seeing our children achieve more than they are capable of.

Anonymous said...

"Is it the world that's so busy, or is it just my mind?" I asked. Everything around me is moving so fast.

Anonymous said...

Dearest Mr. Prime Mister . u nid to put on some weight. Ask yr wifi to give you some meat to balance up. No good for people to see ur country Prime mister so gaunt.

Anonymous said...

Who was the idiot opposition suggesting cut defence??

Anonymous said...

1. Describe your goal clearly.

2.Kindly ask around different people or groups for suggestions.

3.Listen; don't make excuses or get defensive.

4.Not all will have the same kind of suggestions.

5.Take the suggestion from the majority who generalise.

6.You'll be in a great position for honest feedback . In that way, the biases that the minority or you hold about the incorrect assumptions and why policies that is counter-productive.

7.Ministers should not think they are above everything and anything.
.

Anonymous said...

We give advice and help and pray for our family's happiness because we love them. But we can neither make decisions for them nor make them act the way we want them to. There are many things we cannot control in life including those closest to us.

Anonymous said...

Blame everything to take the heat of themselves. It was about self preservation.

Anonymous said...

To keep up with client's needs the global accountant firm(E & Y )has to hire around 3000 new college grads every year, since a higher percentage of college students are members of social networks. Facebook stood out to them at the time they started- that more than 70% of college students have a profile. Their customers are there.

Anonymous said...

“On Maturity


"You bring people down so that you can rise up, you obviously do not know how to soar." – To the people who point their fingers to others so to hide their deficiencies”
― Lamine Pearlheart, Aether

Anonymous said...

Agree tat some pple nid to get a reel life.

Anonymous said...

Policies become repugnant once money is brought to the table.

Anonymous said...

Priority is to see the customer's way. Give them what they want and a little more. If you do exceed their expectations, they'll come back over and over.

Anonymous said...

A lot of people got no jobs. Some got extra jobs. Full time career in day and MP at a few days at night.

Anonymous said...

A person can live forty days without food, four days without water, four minutes without air but only four seconds without hope. Hope is a powerful thing. It gives us reasons to live. It gives us strength and courage. It keeps us going when times are tough.

Anonymous said...

A leader must be inspired BY the people, before he/she CAN inspire the people.