Light at the end of the privatisation tunnel

Singapore

IT HAS been an 18-year wait for the residents of Braddell View for the privatisation of their HUDC estate. The other 17 estates had taken just two to three years to complete their privatisation processes - all largely painless. But the story is a little different for Braddell View, the last such estate standing.

What has stalled Braddell View's progress has been a "historical quirk" that needed to be fixed, the need to "harmonise" the leases of two separate plots of land that make up the estate.

The sprawling 106,120 square-metre development is the…