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 Leasehold landed cannot buy?, Leasehold landed

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Cavatzu
post Apr 5 2024, 07:43 AM

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QUOTE(victorian @ Apr 5 2024, 12:18 AM)
you are assuming the land cost more than 50% of the purchase price.

Realistically the price difference will not be too much, 10-20% tops
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The thing is developers have pretty much forced buyers to accept leasehold and high dense as the new norm. This is particularly true for high rise and it’s been a very short time frame to push all these as the new reality. They acquire the land cheaper and absorb all the cost savings as profit. You may not think it’s a big deal when buying due to perceived cost saving but certainly your ability to dispose of the property later is going to be an issue.

 

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