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 What is the disadvantage of LEASEHOLD

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TSjetzxp
post May 27 2020, 04:38 PM, updated 6y ago

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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..
TSjetzxp
post May 28 2020, 09:37 AM

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QUOTE(ketupatlazat @ May 28 2020, 08:10 AM)
cant change people's mentality bro. It is almost always freehold > leasehold

Yes, 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
*
yaaa, especially the older generation like my mom. The first thing they ask about property is always freehold or leasehold

 

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