A 99-year leasehold flat is an owned asset, not a rental:...

A 99-year leasehold flat is an owned asset, not a rental: Lawrence Wong Mr Wong said a HDB flat sold on a 99-year lease is an asset that will appreciate as the country prospers - a fundamental tenet of Singapore’s home ownership policy. . Read more at straitstimes.com. A Housing Board flat sold on a 99-year lease is an asset that will appreciate as the country prospers - a fundamental tenet of Singapore’s home ownership policy, said National Development Minister Lawrence Wong. https://ift.tt/2nVNJ21

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