Why HDB flats are still the best investment for most families

People viewing models of HDB estates at HDB Hub last month. The value of HDB flats should not be underestimated as they have paved the way for a smoother life journey for more Singaporeans than they have been given credit for, says the writer. Such f
People viewing models of HDB estates at HDB Hub last month. The value of HDB flats should not be underestimated as they have paved the way for a smoother life journey for more Singaporeans than they have been given credit for, says the writer. Such flats are still the best investment for most families as they are, among other things, no different from most condominiums here in terms of tenure, and are of an unusually low price for Singaporeans. ST PHOTO: CHONG JUN LIANG
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They take a swipe at many Singaporeans' most expensive assets - their Housing Board (HDB) flats - and say that these units will have zero value after 99 years.

Using this scare tactic, these "investment gurus" then promise to teach people how to protect their wealth via property investments - after they pay for a course.

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A version of this article appeared in the print edition of The Sunday Times on November 08, 2020, with the headline Why HDB flats are still the best investment for most families. Subscribe