Why is there No 99 year lease in Singapore?

This phenomenon may be due to the fact that no 99-year lease residential property has yet to be claimed back by the authorities in our collective consciousness, as well as the fact that many HDB estates that are three to four decades old have come under the Selective En bloc Redevelopment Scheme (SERS).

When does a landlord have to honor a term lease?

If you signed a lease agreement, your current and future landlord will have to honor the terms. A term lease agreement is a housing agreement between landlord and tenant for a designated amount of time, typically 6-months to one year.

Can a new owner change the terms of a lease?

If you are on a term lease (like 6-months or a year) the new owner has to legally take over the lease and continue to uphold the lease agreement terms you agreed to. If you are a month-to-month tenant the new owner can change conditions of the lease if proper notice is given.

What happens when HDB lease runs out in Singapore?

There seems to be an air of confidence that the government would not leave people in the lurch when lease runs out. There are people who think that the party will go on and the HDB will roll along when the time is appropriate to relocate you and redevelop old estates. There is no guarantee of that.

Is the HDB going to redevelop old estates?

There are people who think that the party will go on and the HDB will roll along when the time is appropriate to relocate you and redevelop old estates. There is no guarantee of that. The problem is that there are very optimistic people buying old flats at premium prices