Asked by Mr. roy
If i buy a resale HDB unit that's eg.20yrs old with 79yrs lease balance, and i lived there for eg.20yrs .Will i be able to sell it with 59yrs lease balance? As i know hdb will ask us to vacate premises as our lease by law is only 99yrs. They can then either choose to resell those units to new buyers again at refurbished prices. So doesn't it mean the present valuation by HDB is wrong as its the same as private 99yr property prices that depreciates in value overtime?
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