freehold vs. leasehold

En bloc sales in Singapore real estate market has always been a trend, with older condominiums being out for sale, hoping that developers will accept the sale price collectively agreed by the existing owners. Redeveloping old condominiums through en-bloc will somehow create some degree of transformation and potential for rejuvenation within mature estates. Despite their age, older condominiums possess a...

Highlights Leasehold properties may be more affordable but the value of a leasehold property decreases as the lease term gets closer to expiration. Freehold properties may be more expensive upfront but can offer better long-term value. Buying a freehold vs. leasehold property should be based on individual circumstances and long-term goals.   About Singapore Property Background Buying a...