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 Does LEASEHOLD really concern you?, Sub-sale Serviced Apartment

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michaelchang
post Nov 15 2016, 03:48 AM

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QUOTE(Endless_tale @ Nov 7 2016, 12:38 AM)
You quite free to dig out 3 yrs post... anyway freehold or leasehold is not an issue for our generation..by the time we have smell from the joss.... that story left it to our grandson or great grandson... of course leasehold have to see which type of properties we bought..if location not nice sure cant find buyer...
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Not very sure about malaysian leasehold but in Singapore, property (Condo ) above 25 years have very good potential of en-bloc by developer.

That's where Leasehold VS Freehold really comes into play.
Leasehold 99 - construction period 2 years - 25 years = 72 years, developers usually offers around $380psf
Freehold , developers usually offers above $500psf

If land is located near central area, the difference is much higher

Singapore leasehold will not be renewed, according to minister Khaw BW.. announced on TV.. at the end of 99 years, land value will be zero. (same as renting a shop in a mall)

Government will then tender the land for lease to developers at prevailing market price.. this applies to 30, 60 and 99 years lease.

FH property hold much better value in long term.


 

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