Monday, December 5, 2022
HomePassive IncomeHDB BTO initiatives delayed: What to do?

HDB BTO initiatives delayed: What to do?

I do know many readers are ready for my weblog on passive earnings acquired in 3Q 2021 however it’ll take a bit extra time as there are fairly just a few issues I wish to speak to myself about.

Within the meantime, I’m publishing a comparatively quick weblog on delays in HDB BTO initiatives which could be of curiosity to some readers.

The COVID-19 pandemic and the next Delta variant made life actually tough in additional methods than one for many individuals. 

One of many penalties is the longer time it takes for building work to be accomplished and this has, after all, affected the completion of HDB BTO initiatives as properly.

Some folks want their flats urgently and have determined to purchase resale HDB flats as a substitute of ready for the completion of their HDB BTO flats. 

Nonetheless, for many who are in much less of a rush, the wiser factor to do might be to attend. 

The 2 massive issues can be 

1. monetary price 


2. the leasehold nature of HDB flats. 

Readers who’ve been following my weblog for a very long time would know that it is a matter I’ve blogged about fairly regularly earlier than.

BTO HDB flats, every thing else being equal, are essentially the most inexpensive type of housing in Singapore. 

I’d have purchased one myself if I may however I didn’t qualify for one. 

There are many conspiracy theories on the market about how the PAP authorities is out to rob us of our CPF financial savings by promoting us 99 years leasehold HDB flats. 

It all the time amuses me to learn or to listen to stuff like that. 

These individuals are both misled or out to mislead. 

They’re both misinformed or malicious.

A 99 years leasehold HDB BTO flat is an efficient high quality housing possibility in Singapore if we’re in search of a house to name our personal until the day we die. 

Until we have now very sturdy causes for purchasing a resale HDB flat, watch for a HDB BTO flat. 

Like many issues in life, endurance will probably be rewarded. 

In case you are new to my weblog, you may need to learn the next weblog which I shared with a reader who contacted me not too long ago: 

Associated posts:

“You shouldn’t inform those who. 

They’ll look down on you.” 



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