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Hi, other than the distance to MRT, what about the amenities around the condo as well as the facilities of the condo? All these will play a part and factor in the future sale price of the unit as well. Although usually freehold units will hold their value better than leasehold units, there will be cases it is the other way round. Perhaps you can share more with me so I can advise you better.

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
 97396040 
landonchew@email.com Read More

Hi,

Care to share which condo developments you are referring to? Based on info shared, lease decay can be a bigger issue when it comes to selling at 40 years old of age, because 59 years balance lease the buyer pool may be smaller due to loan and CPF OA pro-ration of usage which means more cash upfront. Also a 40 year condo may also comes with all sorts of maintenance issue and usually requires a good sum to reno and overhaul.

I am contactable at 97432395  for further discussion. Look forward to hear more from you.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

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Mr & Mrs Wee : We would like to share our appreciation and commendation to Ivan for their professionalism and dedication in handling our property transaction. It was a great pleasure to work with him as he was patient throughout the entire process and explained to us and clarified any doubts we had without fail. He was also very prompt in responding to all the queries we had. While we were unsure if we were able to sell off the property in time, Ivan constantly reassured us that it was possible and offered his professional advice. In fact, he managed to secure an offer to sell the property above our expected price while concurrently negotiated the buying price for our next property. Having Ivan as our agent significantly made the entire process seamless and fuss-free. We will definitely recommend Ivan to our family and friends. Read More

20 years is a long time for us to provide any projection. Are these 2 condos within the same town and walking distance to the same amenities and etc? Comparison can only be done if majority of the factors are the same. The moment they are in different locations, then it will become irrelevant. On paper, freehold definitely sounds a wiser choice since you are intending to stay for 20 years thus lease decay will be the least of concern if you are comparing against the leasehold condo, but do not eliminate the possibility that the leasehold condo may go enbloc as part of its exit plan that can be more desirable than your condo.

Last but not least, it is always good to do a review of your portfolio at least once every 4 to 5 years and make decisions to stay or move instead of working on a 20 years horizon.

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Hi,

Would you mind sharing the specific condos you are referring to? I would need to consider additional factors such as price trends, development plans, supply and demand dynamics in the area, etc., in order to provide you with more accurate advice. However, based solely on the information you have provided, lease decay could potentially be a concern for the 99-year property.

This platform does not allow me to contact you directly so kindly contact me at
https://wa.me/6597261112 I would be glad to assist you further.

Thank you and best regards,

Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

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-- My husband and I wish to commend the sincere attitude and good customer service rendered by
your staff Jenny, who handled the sale of our 5R HDB flat early this year. We have met several
agents but none as genuine as Jenny. Being a seller agent, she took our interest at heart in handling
the sale, unlike other agents who are self-interest. Jenny is punctual and prompt in the whole
dealings and we were convinced that such an agent is hard for find nowadays. Jenny is a
trustworthy, honest, sincere and hardworking agent. We are happy with her service and would
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--Jenny did a great job helping my wife and I sell our unit. She took active steps to walk our
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also patient and client-centered throughout the process of finding a home that met our criteria. As a
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answer questions we had--
Samantha (Resale condo buyer) Read More

Hi, appreciate your sharing. Due to own stay, best to purchase one with personal feel and connectivity to your workplace.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Convenience vs. Potential Value:

Mid-floor unit (99 lease): This offers the clear advantage of being a 10-minute walk from the MRT station. Convenience for you and future residents/tenants can significantly impact your quality of life and potentially rental income. However, the leasehold nature means the property value might decrease over a longer period (beyond 20 years).

Ground floor unit (Freehold): This has the advantage of freehold status, meaning it won't depreciate due to lease decay. However, the 20-minute walk to the MRT is less convenient. This might affect your daily commute and potentially rental yields.

Other factors to consider:

Ground floor unit drawbacks: Ground floor units can be less secure, have noise concerns from outside, and potentially receive less natural light.
Specific condition of the condo: Look into the overall condition of each condo development, amenities offered, and any upcoming maintenance projects.
Here's a breakdown to help you decide:

Prioritize convenience: Choose the mid-floor unit (99 lease) if easy access to the MRT is crucial for you and future occupants.
Prioritize potential resale value: Choose the ground floor unit (freehold) if a freehold property with potentially higher resale value in the long run is your main concern. However, consider if the inconvenience of the longer walk might affect demand.
Additional tips:

Research the area: Look at future development plans for the area. If the MRT is planned for expansion closer to the freehold condo, that could offset the walk.
Compare maintenance fees: Freehold condos often have slightly higher maintenance fees.
Factor in renovation costs: Ground floor units might require additional security measures or lighting solutions, impacting renovation costs.
Ultimately, the best choice depends on your personal priorities and risk tolerance. Consider which factors are most important to you in the long run. Read More

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

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Hi,

There's no right answer to your question, as this is for owner occupancy, the Buyer will have to assess both condos to see which suit his family's needs better.

However, in terms of capital protection, the Freehold condo tend to hold the value better than the aged 99-year leasehold condo in the long term. This is provided that both condos are in a similar location.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

I am Sorry that This platform does not allow me to direct contact you.

To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

My services come with no obligations, and I'm here to help with any questions or assistance you need.

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXXX Read More