Residential (landed) leases rarely extended

THE Government generally lets leases for residential (landed) homes expire without extension, said the Singapore Land Authority (SLA). There has been no renewal or top-up of residential (landed) leases in the last five years. Said an SLA spokesman: 'For selected cases, the lease may be extended if the proposed use and tenure are aligned with the Government's planning intention.' The Government generally sells land on leasehold so as to allow flexibility in re-allocating land to meet socio-economic needs. http://www.tnp.sg/news/story/0,4136,196414-1237672740,00.html?