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Found 2 results

  1. This was under the old scheme, flats bought direct fm HDB can sell after 10 years. But sales were slow and to speed up collecting levy, they cut down to 5 years. ST Forum May 16, 2011 Offer discounted flats with longer resale ban periods I REFER to the letter by Mr Goh Ah King last Friday ("Offer cheaper flats with shorter leases"). Another possibility is for HDB to offer flats with a longer resale prohibition period, such as 10 or 12 years, and price such flats at a bigger discount than normal flats. This would benefit families who intend to live there for a longer term and encourage others to take a similarly longer view of their HDB flat. I believe this is worth exploring together with the shorter lease option. Alvin Tan
  2. I heard that if one goes away for long periods (a few weeks/months) and leaving the car un-driven, the car should not be left entirely alone. The car needs to be started up occasionally to prevent problems. Anyone knows the reason? This is old school but is this really necessary to start the engine occasionally, especially modern cars?
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