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> 99 year lease

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Dominic Toretto
post Apr 18 2018, 02:18 PM

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Joined: Dec 2013
From: The streets of Tokyo drifting with Sean Boswell


Good about Leasehold
-Less pricey
Bad about Leasehold
-Need to renew after 99 years (problematic to your descendant when you plan to inherit the house to them)
-Low resell value

Good about Freehold
-No need to renew lease agreement or fee, as the house and all its land coverage solely belong to you and you only.
-High resell value and price rise very fast.
Bad about freehold
-High price especially landed and near city.

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