How Is Owning an HDB Flat an Asset?

[ahleebabasingaporethief]

Can someone explain to me how owning an HDB is considered an ASSET?

If one were to sit done and list from 1-100 what you did and are doing to buy and keep your PIGEON HOLE, how can it be an asset?

Reminds me of PATEK PHILLIPE's ad:

"You do not own a Patek Phillipe. You merely look after it for the next generation".........in HDB's case....."for our leaders" [/COLOR]

 

[TeeKee]

Can someone explain to me how owning an HDB is considered an ASSET?

If one were to sit done and list from 1-100 what you did and are doing to buy and keep your PIGEON HOLE, how can it be an asset?

Reminds me of PATEK PHILLIPE's ad:

"You do not own a Patek Phillipe. You merely look after it for the next generation".........in HDB's case....."for our leaders" [/COLOR]

it will only become an asset if you buy low and sell high at the profit, and F-OFF from the country by cashing out and never buy HDB flats again...