Freehold vs Leasehold

Discussion in 'Singapore property' started by dasimond, Aug 12, 2016.

  1. dasimond

    dasimond Member

    In Singapore, Freehold property is usually not located near to any MRT station, if they do, the pricing is usually very high.

    Actually if you are looking in at rental point of view, a leasehold property will have a better rental yield as the purchase price is lower and tenant will not pay more even if it is a freehold property.

    If you are looking into holding it for next few generation, of course a freehold will suits you better. Other then holding it dearly, price movement will not be great as the location is usually off.

    So is your call, freehold or leasehold.
     
  2. dasimond

    dasimond Member

    One thing i miss out is, in Singapore, there are public housing by government (HDB). The public housing is all 99 years and majority of people staying in this actually make tons of profit if they were to sell it today. My mum bought a flat 30 years ago at $30k, today, it can fetch $400k.. that is almost 10 folds profit for a 99 year leasehold property.

    Therefore, many peole still go for leasehold as the price is more affordable and profit can be good as the location is usually more convenient.
     
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