Could HDB offer to buy old flats that do not undergo Vers?
Vendors facing genuine difficulties selling old flats may need help
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[SINGAPORE] An estimated nearly 300 blocks of Housing & Development Board (HDB) flats, which were built in the 1960s, will soon enter the final 30-year stretch of their 99-year leases.
These flats can be found in areas such as Bukit Merah, Geylang, Queenstown and Toa Payoh.
Should an owner worry over the potential difficulty of selling his HDB flat when the remaining land lease dips below 30 years?
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