Asked by Mr. Eddie Lee
Difference btw freehold and Leasehold
I have a few properties in Singapore already. Recently looking at commercial property. I view that LH is cheaper than FH and rental returns are the same. Then again, the more favourite commercial properties which is LH for exapmple International Plaza etc is only left with 60+ years.
In this case, does it mean that buying a unit with a balance of only 2/3 of the initial years is not a good buy? Or maybe it will ENBLOC?
If it ENBLOCS, what is the difference in terms of investing in a FH and with a LH which is going to ENBLOC? The selling price then may even reap more returns?
Like to hear the professionals on this.
Thanks!
I have a few properties in Singapore already. Recently looking at commercial property. I view that LH is cheaper than FH and rental returns are the same. Then again, the more favourite commercial properties which is LH for exapmple International Plaza etc is only left with 60+ years.
In this case, does it mean that buying a unit with a balance of only 2/3 of the initial years is not a good buy? Or maybe it will ENBLOC?
If it ENBLOCS, what is the difference in terms of investing in a FH and with a LH which is going to ENBLOC? The selling price then may even reap more returns?
Like to hear the professionals on this.
Thanks!
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