leasehold or freehold
Posted by Michael Wong F K on Sep 22, 2011 in Condo Questions - Focus One | 371 Views
Latest Answers by Real Estate Professionals (3 Answers)
Answer Posted on Oct 5, 2011
Dear Michael
It also depends on the type of property you buy.
For condo, make not much difference. If the objective is for capital gain and yield. Both FH and LH projects can make money. In fact, LH may make more in percentage terms since its 10-20% cheaper.
For landed, go only for FH. There are not much FH landed around and in the long term this will only go up. People also buy for legacy purpose.
There are some people that will only buy FH due to mindset issue. But if you are going to sell your property in 3-10 years time after reaping the benefits. Why bother?
We have a buyer package that assist you in choosing your dream home at your target price.
Please call me at 97455178 to discuss further.
Thanks
Mike Tay
B.Sc. (NUS), EMBA (SUNY)
CEA Reg:R042367C
M: +65 97455178
E: miketayse@hsr.com.sg
HSR International Realtors Pte Ltd
Estate Agent Reg No: L3002226G
It also depends on the type of property you buy.
For condo, make not much difference. If the objective is for capital gain and yield. Both FH and LH projects can make money. In fact, LH may make more in percentage terms since its 10-20% cheaper.
For landed, go only for FH. There are not much FH landed around and in the long term this will only go up. People also buy for legacy purpose.
There are some people that will only buy FH due to mindset issue. But if you are going to sell your property in 3-10 years time after reaping the benefits. Why bother?
We have a buyer package that assist you in choosing your dream home at your target price.
Please call me at 97455178 to discuss further.
Thanks
Mike Tay
B.Sc. (NUS), EMBA (SUNY)
CEA Reg:R042367C
M: +65 97455178
E: miketayse@hsr.com.sg
HSR International Realtors Pte Ltd
Estate Agent Reg No: L3002226G
Answer Posted on Sep 23, 2011
Tenure plays on human's mindset, whether its FH or leasehold does not really matters, what matters most is how deep is your pocket?
If one has deep pocket & affordability is not a problem, go for it, Leasehold are as good as FH pty.
One pay more for FH pty and once U sell, it may garner higher psf, being said, some Outer Urban LH can fetch much higher psf than FH.
Whatever tenure you choose, Be comfortable & live within your means, don't buy juz becoz the Tan next door bought something, or the Lee juz sold their EC to Condo status.
When U wake up each day and find the Sun still shines, there's Bed and Breakfast, Read yr papers and can fart each day, count your blessing my friend. -;)
Be happy !
If one has deep pocket & affordability is not a problem, go for it, Leasehold are as good as FH pty.
One pay more for FH pty and once U sell, it may garner higher psf, being said, some Outer Urban LH can fetch much higher psf than FH.
Whatever tenure you choose, Be comfortable & live within your means, don't buy juz becoz the Tan next door bought something, or the Lee juz sold their EC to Condo status.
When U wake up each day and find the Sun still shines, there's Bed and Breakfast, Read yr papers and can fart each day, count your blessing my friend. -;)
Be happy !
Answer Posted on Sep 23, 2011
Hi Michael,
This is a very subjective question. All will depend on your appetite on the purchase of the property, type of property, own stay or investment purpose, etc.
With the current Singapore Market, both leasehold and freehold are still doing well.
If you need more discussion, feel free to contact me (non obligation)
Cheers!
This is a very subjective question. All will depend on your appetite on the purchase of the property, type of property, own stay or investment purpose, etc.
With the current Singapore Market, both leasehold and freehold are still doing well.
If you need more discussion, feel free to contact me (non obligation)
Cheers!
Reply from Michael Wong F K - Sep 23, 2011
Thank a lot Sharonlyn.
Thank a lot Sharonlyn.
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Thank a lot Keith.