Keep being told that buying leasehold property is terrible. Would like to know how bad is it to buy a leasehold as compared to freehold except for the 99 years term..
What is the disadvantage of LEASEHOLD
What is the disadvantage of LEASEHOLD
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May 27 2020, 04:38 PM, updated 6y ago
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Junior Member
721 posts Joined: Nov 2019 |
Keep being told that buying leasehold property is terrible. Would like to know how bad is it to buy a leasehold as compared to freehold except for the 99 years term..
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May 28 2020, 09:37 AM
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721 posts Joined: Nov 2019 |
QUOTE(ketupatlazat @ May 28 2020, 08:10 AM) cant change people's mentality bro. It is almost always freehold > leasehold yaaa, especially the older generation like my mom. The first thing they ask about property is always freehold or leaseholdYes, price and location do play a significant factor on one's decision, but most of the time buyers are more comfortable knowing their props are freehold transactions for leasehold units also take twice as long, so the potential buyers might find it leceh as well |
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