Lim Tean says Lee Kuan Yew, Goh Chok Tong, Lee Hsien Loong and Mah Bow Tan are responsible for the flat depreciation of the HDB



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Photo: YouTube screen capture

The government has suffered greatly from the issue of HDB (Housing Development Board – HDB) apartments and their potential depreciation. Lim Tean, founder of the People's Voice party, spoke to Facebook earlier in the day to discuss the problem and say that Singaporeans should express their frustration at the depreciation of their apartments at some of the founding fathers. Singapore, "Lee Kuan Yew, Chok Tong Goh Lee Hsien Loong and Mah Bow Tan of course! "

No fiddling PAP ideas while the CPF savings of Singaporeans fly away! I say for months that my real estate agent …

Posted by Lim Tean on Friday 2 November 2018

In a message that seemed to express some of his frustrations, Lim Tean said that because of the housing problem, "the PCF spared Singaporeans". He also added, "I have been saying for months that my real estate agents tell me that HDB apartments over 30 find few buyers and those over 40 are rejected."

Mr. Lim also added that the current government did not have a clean solution to remedy the situation.

"No, it is not enough to launch the cane on the road with ridiculous proposals such as VERS which, according to them, will come to fruition in 20 years! In 20 years, many hundreds of thousands of HDB apartments would be about to arrive at the expiration of their lease and at a value of zero! ", Did he declare.

He also concluded his message by stating that "the problem is worsening the situation and Singaporeans' savings are running out with the HDB's rotting leases."

Although those who commented on his position agree with the problem, Mr. Lim did not propose his own solution.

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