want to clear a misconception that grew from here.

there is no such thing as leasehold and freehold having no difference for high rises. tell me, would you be interested towards purchasing a property that has its lease coming up for renewal soon? cause immediately after you settled the purchase price to do with the property, you have to pay out of your own pocket the renewal fees!!

hence, timing is very very important for this type of property investment. you definitely do not wish to be the last owner stuck with a leasehold property and having to pay the renewal fees nor facing the problem of no buyers because the lease is coming up or around the corner (to some, coming round corner can mean 80 years left or more).

and don't think the renewal fees are cheap as well. depending on title and location and others, the renewal fees can vary greatly and this comes out of your own pocket.

be aware of these risks and do your research properly before going for a leasehold