Asked by Dr. EK Balloon
Hollandswood Court at 3 Holland Park Road...
I have heard that Hollandswood Court is a 99 year lease hold property. However, it does not belong to the SLA after ther lease runs out as it belongs to a private owner/company who holds a freehold title on the land. Can anyone confirm this? Also, what is the implication on the value of a unit in this property in this situation vs. if it is own by SLA after the lease runs out?
I have heard that Hollandswood Court is a 99 year lease hold property. However, it does not belong to the SLA after ther lease runs out as it belongs to a private owner/company who holds a freehold title on the land. Can anyone confirm this? Also, what is the implication on the value of a unit in this property in this situation vs. if it is own by SLA after the lease runs out?
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