Hi Ms Angela,
Thanks for your query!
Generally the tenure does not matter if your primary objective is for own stay. After it ages, the potential of en bloc increases, which is a win win situation for you. Having bought the 99LH property at a cheaper price, and with continual price appreciation over the span of 20-30 years, if you do decide to sell off after years, you are bound to make a significant profit. Hence, it still makes sense in terms of the financial liquidity and profit margin. Should you want to rent out , the attractiveness of a property lies in its location and rate of occupancy depends on the condition, hence, if you buy the right property at the right location, you stand to win nonetheless.
Perhaps you can share more on your requirements and long term objectives so that I can provide some insights and advise what's the best step to undertake, as a professional real estate consultant. To enhance your understanding, I would chart out the price analysis of 99LH v Freehold properties of the desired location / surrounding vicinities to study the capital appreciation figures and rental yield. Furthermore, a customized sales report will be made available to narrow down your options.
As there is no agent fees involved, I would walk you through step by step the entire procedural framework at no cost, advising and working closely with you on your purchase. Hope to be able to assist further. Visit my website for my recent awards and testimonials!
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)
#1 team of ERA in Singapore, Asia Pacific International for 2014.
ERA 2015 Q1 Top Achievers (Top1% of ERA)
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