Read? Spending So Much Time On Investing. Worth It Or Not?
99 Years Leasehold HDB 4 RM Home in Hougang is going to zero in 68 years!
From PropertyGuru, the last transaction price in his block
May 2016 4 Room flat , New Generation 1,001 $415,000
His gross profit = $415,000 - $55,000 = $360,000 over 31 years
His CPFIS net refund (net profit) over 18 years (2000 to 2018) is
Home is not an investment property so it doesn't generate cash flow so it will have to depend on capital appreciation before it is too late for 99 years leasehold!