Intentar ORO - Gratis
Chempaka residents worry about future with IO years left on leases
The Straits Times
|May 27, 2024
They hope the trustees managing the land will give them option to top up and stay on
When Mr J.C. bought his home in Jalan Chempaka Puteh for about $400,000 in 2007, he thought he had snagged the two-storey landed property at a good deal.
The semi-detached house, which the 76-year-old retired manager said is his dream home, sits on 3,600 sq ft of land in a quiet landed estate near Simpang Bedok.
But the property's lease is set to run out by August 2034.
"Now that there's only 10 years left (on the lease), I realised time is running short. No one knows if there's any possibility of extending the lease or if we will have to go," said Mr J.C., who is not married and declined to give his full name.
His home is one of 144 terraced and semi-detached houses in Jalan Chempaka Puteh, Jalan Chempaka Kuning and Bedok Road that have a 70-year lease beginning from 1964.
The large plot of land belonged to the late Mr Koh Sek Lim, a property owner in the east who died in 1948.
Checks showed that the homes have a land tenure of estate in perpetuity, or freehold. The land is currently managed by Camelot Trustees, according to a property title information search.
The Straits Times spoke to about 20 home owners who said they want more clarity on the fate of the land after the lease runs out. They also hope to be given the option to stay on.
A business owner who wanted to be known only as Ms Aishah, 67, said she hopes the trustees would give them the option to top up for a lease extension.
"Without an answer, we're in limbo and cannot plan ahead. For now, I'm not planning to move as I'm content here," said Ms Aishah, who has been living in Bedok Road for 25 years.
When contacted, a Camelot Trust spokesman said it could not reveal "the specific terms and duration of our agreements, as well as the details of any wills", due to confidentiality reasons.
Esta historia es de la edición May 27, 2024 de The Straits Times.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Straits Times
The Straits Times
RELAXED GAUFF BACK IN BUSINESS
WTA Finals defending champ ousts Paolini to keep alive her hopes of reaching semis
2 mins
November 05, 2025
The Straits Times
Employers' role in uplifting talent key amid uncertainty, says DPM Gan
Employers must play a part to reshape the workforce in line with their changing talent needs, and this effort is core to good business strategy moving forward.
3 mins
November 05, 2025
The Straits Times
Budget for future MRT lines may cover longer stations to boost train capacity
In building future MRT lines, the authorities will see if they can budget in advance for longer stations so that they can increase the capacity of trains when needed, said Acting Transport Minister Jeffrey Siow.
2 mins
November 05, 2025
The Straits Times
Singapore donates $652k to World Food Programme for Gaza
Dr Balakrishnan says S’pore will do its part to support the WFP to fight hunger
3 mins
November 05, 2025
The Straits Times
The dark side of Japanese convenience stores
Rising wages and an ageing workforce put pressure on existing staff.
4 mins
November 05, 2025
The Straits Times
EMBRACES SHOULD SEIZE THE DAY
Nov 5 Hong Kong (Happy Valley) preview
5 mins
November 05, 2025
The Straits Times
Raids on Myanmar scam hubs trigger recruitment rush for other centres
Recent raids on one of Myanmar’s most notorious internet scam hubs sparked a recruitment rush as fleeing workers scrambled to enlist at nearby fraud factories, experts and insiders told AFP.
3 mins
November 05, 2025
The Straits Times
More directors in S'pore-listed firms being paid less than $50k in 2025: Study
Data suggests downward pressure on board remuneration; more firms providing info
5 mins
November 05, 2025
The Straits Times
Jennifer Aniston goes Instagram official with boyfriend Jim Curtis
American actress Jennifer Aniston has finally gone public with her boyfriend, author and life wellness coach Jim Curtis.
1 min
November 05, 2025
The Straits Times
Worker trapped under collapsed tower in Rome dies
A Romanian worker trapped for hours under rubble in Rome on Nov 3 following the partial collapse of a mediaeval tower near the Colosseum has died, local media reported.
1 min
November 05, 2025
Listen
Translate
Change font size
