Asked by Siow
Really need help from the experts here. I am a house seeker, but recently fell in love with the above area Tiong Bahru for its walk-up apartments. As me and my gf are still not planning to get married soon, we have the option of only getting a private unit. But what i am worried now is all the units are all 99 year leasehold and this year is already in their 40 year meaning 59 years more to go. Take for instance if i were to stay in this area for like 8-10 years later, will i be in trouble if i would choose to sell the house at that time (even if the market is good). Will anyone would like to buy a 50 years old apartment with 49 years to go? Although i like the area and look but at the end of the day, i dont wish to lose much $$ on the property. Please give me your best advice on what should i do. Thanks FS
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