Asked by ong jason
buy FH better or 99years or 999years.
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1 Answer
Hi Jason,
Generally, FH and 999 are about the same price for the same loction, age and condition. So i am really comparing the FH/999 vs 99yr leasehold properties.
My opinion is FH/999 price higher is always higher than 99yr price in any market condition. Does this alone makes FH/999 better? Because you get a "discount" for buying a 99yr property and pays a "premium"for buying a FH/999 one.
You know that property price can go up or down. Both FH/999 and 99yr property are subjected to market conditions and both their prices can go up or down sepending on the economy. So there is no real difference there.
I would buy a 99yr property during times when property cycle is at a high because i do not want to pay the "premium" and conversely buy FH/999 whenproperty cycle is at a low.
On the whole, i think they are equally good because they are differentiated by price.
For the buyer with no budget constraints, buy FH/999 lah!
Cheers! Read More
Generally, FH and 999 are about the same price for the same loction, age and condition. So i am really comparing the FH/999 vs 99yr leasehold properties.
My opinion is FH/999 price higher is always higher than 99yr price in any market condition. Does this alone makes FH/999 better? Because you get a "discount" for buying a 99yr property and pays a "premium"for buying a FH/999 one.
You know that property price can go up or down. Both FH/999 and 99yr property are subjected to market conditions and both their prices can go up or down sepending on the economy. So there is no real difference there.
I would buy a 99yr property during times when property cycle is at a high because i do not want to pay the "premium" and conversely buy FH/999 whenproperty cycle is at a low.
On the whole, i think they are equally good because they are differentiated by price.
For the buyer with no budget constraints, buy FH/999 lah!
Cheers! Read More