Speaking at a closed-door post-National Day Rally talk this month, Prime Minister Lee Hsien Loong asserted that it is fair that Housing Board Development (HDB) flats will decline to zero value at the end of its 99-year lease, despite the Government’s past promises that HDB flats are “nest-eggs” that keep growing in value over time. The … Continue reading PM Lee asserts “it’s fair!” that HDB flats will plummet to zero value