CNA938 Rewind - Homes and shops: Securing leases and shaping rents in Singapore
With a large majority of flat owners selected for VERS likely to be seniors, how important is it that authorities ensure people buy homes with leases that can outlive them? How might HDB selectively acquiring privately owned HDB shops and increasing overall supply of commercial units that it leases out affect rental prices? Lance Alexander and Daniel Martin find out from Eugene Lim, Key Executive Officer, ERA Singapore.