AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Looking to buy a resale HDB flat. Can anyone educate me on the implications of remaining lease? When the lease expires will the government take back the HDB and en bloc? will I be reallocated to a new HDB? Does the remaining lease have any implication on bank loan? Thanks.
0 •
671 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Wilson Leong
Replied
after the lease is finished. you got to pay someone to flatten the building back to the state land.

you only buy the unit for the remaining lease. unless you buying private where there is 999 or freehold land.

after the lease reached 0 years. you got to buy another new flat with full amount payable.

lease affect your cpf usage and bank loan. Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions