Leasehold, if not mistaken, there are option that you do not need to pay premium now to extend the lease, only need to profit sharing with the state govt/local council upon selling.

As for leasehold commercial, if its decent location and generating rental profit stably, there are no need to sell it, hence leasehold, in most cases, make more sense for commercial rather then residential.

Residential is for ppl to live, you might want to sell it in 30/40 years due to the condition of the property....for commercial, no matter what the condition, if its at right place/right sizes, its always got demand.

You missed my 1st paragraph. There are option to extend the lease without paying any $$, its by profit sharing with the govt when you sell the property.... Technically you do no need to outlay any$$ to extend the lease.

But of course the actual procedure might varies, and might have many restriction therefore this is just for education purposes lol

This post has been edited by Rinth: Apr 3 2024, 10:34 AM