Can Vers solve HDB’s 99-year lease decay problem?
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By the 2030s, nearly 300 of Singapore’s earliest HDB blocks will enter the final 30 years of their 99-year leases.
In this episode of PropertyBT, Leslie Yee unpacks the government’s proposed Voluntary Early Redevelopment Scheme (Vers): what it could mean for homeowners, the potential challenges of the scheme and the risk of lease decay.
Synopsis: Hosted by senior correspondent Leslie Yee, PropertyBT from The Business Times shares insights on all things Singapore property to help you on your property investment journey. Episodes feature views and insights from property analysts.
Highlights of the podcast:
02:32 Voting threshold
05:31 Compensation amount
09:02 Will Vers be popular?
10:37 Selling old flats in the resale market
Read Leslie’s articles:
Keep Vers for HDB flats simple and fair
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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.
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Written and hosted by: Leslie Yee (lyee@sph.com.sg)
Edited by: Emily Liu & Claressa Monteiro
Produced by: Leslie Yee, Emily Liu & Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
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