Asked by Anonymous
Hypothetically, if I own a private property that is nearing 99 years of leasehold,
1) what will happen to my property?
2) will I have zero compensation once the land is given back to landowner?
3) will the property keep depreciating the closer it gets to expiry of 99 year leasehold? Like a 30 year old condo will be cheaper than a new launch. I thought there is long term appreciation for property.
Thanks
1) what will happen to my property?
2) will I have zero compensation once the land is given back to landowner?
3) will the property keep depreciating the closer it gets to expiry of 99 year leasehold? Like a 30 year old condo will be cheaper than a new launch. I thought there is long term appreciation for property.
Thanks
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