Is it all right to invest heavily on FH Land-Title Landed Property right now? First, we saw a 99yrs leasehold land sales @sembawang sold at $300psf by government meaning to say that those in city fringe like D12 & D13 will see price appreciate a lot. Second, if we can control the landbank of all FH Land-Title Landed Property, in the event, government may want to buy from the pte land owner since the Residential Property Act kick in last sep'07 that any acquisition by government body will be based on current market value. Then in that case who know that even in changi, per sqft will be asking for S$5000.
Posted by Albert Lim on Mar 19, 2008 in General Questions | 911 Views
Latest Answers by Real Estate Professionals (1 Answers)
Answer Posted on Feb 7, 2011
If you are looking at long term investment freehold is the way to go. Freehold land is decreasing as areas near MRT have been converted to 99 years leasehold. In time to come,land would be so short especially when our population increases together with various groups of tourist landing on our city state, the plot ratio of any existing remaining land can only go up similar to countries like hong kong. In this case property prices will follow suit.
Penny Ong
Penny Ong
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