Property prices have been increasing not just for resale flats, but also for resale condos in the past year. According to the SRX report on resale condos published last week, there’s an overall increase of 6.8% from June 2020 to June 2021. The price increase was also seen across all three segments, Core Central Region…
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Tag: freehold vs leasehold
HDB 99-year lease expiry: Potential time bomb for home ownership?
Most HDBs have a 99 year lease, leading some to describe them as only temporary assets. We explore whether there is merit to such claims.
Freehold vs leasehold condos — Which is the better choice?
If you’re new to property, the terms freehold, 99-year, 999-year, and leasehold can be confusing. So let us break it down for you. Freehold property can be held by the owner indefinitely. On the other hand, a 99-year leasehold property reverts back to the state upon the expiry of its lease. A holdover from the…
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