QUOTE(Chris Chew @ Mar 16 2013, 12:42 AM)
It depends on whether developer apply / able to get the leasehold extension either upon before S&P sign, after S&P signed, after handover / VP or when strata title is issuing few years after VP.
80+ years remaining lease properties, depends on buyers interest, but value doesn't big effect to the market price, same goes to 70+ years lease remaining.
If buyers interest drop, normally owner will lower down the price as day by day and month by month gone, lease period is reducing hence, owner need to have a mindset game.
Seems like developer no intention to renew/extend the leasehold year.
From a buyer perspective, I would worry that if I buy a 70+ years lease remaining.
The resale value would be not as good as freehold and those 90+ years lease remaining.
If the lease remaining left 60+ then it would be even harder to find buyers.
Unless BSP grow to be another TTDI/Bangsar where the buyers interest so high