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HDB lessees are owners of their flats, not renters: PM Lee

He says home ownership has improved lives significantly for all, keeping at bay the extremes of privation seen elsewhere

Published Fri, Aug 24, 2018 · 09:50 PM

HDB

Singapore

On the issue of 99-year Housing Board (HDB) leases, Mr Lee refuted the notion that the lease is "merely an extended rental" and not a sale.

He said he found the argument by some commentators "frankly amazing", as many private properties are also held on 99-year leases but no one argues they are merely being rented.

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International

International

HDB lessees are owners of their flats, not renters: PM Lee

KEYWORDS IN THIS ARTICLE

International

Philippines denies deal with China over disputed South China Sea shoal

When US diplomats visit China, meal choices are about more than taste buds

China’s first-quarter industrial profits rise at slower pace

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

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