[*天哥*]

Have you seen people whose family own property from 300yr or 400yrs ago? Or a a land that is passed down from ownership from a few hundred yrs?

Landownership.laws rarely remain unchanged over a long period. Sometimes from forceful acquisition or property tax js raise so high people return the land and property back to govt like in Japan where depopulation of rural areas take place.

Singapore also will be affected by climate change and changes in trade route etc ...

It is really while imagination that 999yrs of freehold can go on beyond certain period.

That aside the Bala curve actually assumes the freehold lasts forever and calculate to present value of money.

So you just need to refer to it to know if everything is properly adjusted.

All.qualitatuve, story telling type arguments are just people making all sorts of opinion  on the matter. Often based on the last 30yrs rise of property in Singapore they project this into future which may not be true.

Our population is ageing. The next 50yrs can be very different. In Japan the best choice for people to make from 1992 to 2007 was to rent because the capital losses from property exceeds total rent.

Despite all the hype surrounding property investment if you go back 30yrs ...1990 until now the capital gains is 3% a year........one of the lowest among asset classes.

awesome post !

[*天哥*]

Hmm.... Sang Nila Utama's descendants?

Maybe not as far back as several centuries in singapore, but in europe definitely royalty will have their lands passed down.  As some other bro has mentioned, for FH it is not the physical structure that it important.  That will decay or may fall into a state of disrepair if not well taken care of.  It is the land that is precious, i.e.  it is below what the physical structure sits on.  LH landed, after 99yrs, *poof*.  Whether govt (SIT/HDB) or pte does not matter.  Strata titled property on the other hand, you are buying air

So don't be so silly as to buy LH landed property, despite what one koyok seller here would have you believe

Unless you really, really cannot afford FH and die die insist on staying in landed property.  LH landed to me is a way, way poorer cousin of FH landed property.  If you buy second or third hand LH landed and are caught in a property downturn, the time decay will kill you off.  Not rocket science.  Believe in the facts, not koyok selling.  The Geylang Lor 3 LH landed properties are testament of that.  And chenghu refused to renew their leases too.  The lease ended in 2020.  No need to believe me, you can go google 

are u royalty ?

PUI !

[WhatDoYouThink?]

heard someone just offered 50m for a new lh penthouse oppo fort canning

[p1acebo]

are u royalty ?

PUI !

I never said I was.  Are you deranged again?

[debono]

are u royalty ?

PUI !

I never said I was.  Are you deranged again?

Bro., take it easy, and watch your blood pressure, some things are best left alone......

[p1acebo]

Bro., take it easy, and watch your blood pressure, some things are best left alone......

Hahaha okie Boss

I almost usually never fire the first shot

[*天哥*]

heard someone just offered 50m for a new lh penthouse oppo fort canning

Thanks for sharing dear !

[*天哥*]

Bro., take it easy, and watch your blood pressure, some things are best left alone......

u r such a kind person...unlike some jealousy bongo bongo headie here.

[*天哥*]

Once again lots of unstructured unfounded arguments on leasehold vs freehold as investment

Neither is better than the other .....whether the investment is good or bad depends on price you pay relative to value you get.



With 60yrs left this property value is 80% of a freehold one.
There should be a half a million difference between thus property and a freehold one.

Many people will think that it is more worthwhile to pay the extra half a million ...think thinking is wrong....because the half million is a compounded opportunity cost over 60yrs.

sgbuffett is a very learned investor.

His table shared here is similar to our Land Office's "Bala"'s  table which Singapore developers use.

From his contribution, I know he is a great intelligent man and a very successful investor as well.

From a lamer's response to this table, I know this kiddido knew nuts about property or investment.

[Yin yang]

Our butt dont play pray...dean award for best nus biz admin grad ..

Wasted talent n wasted time future stubbornly harping, banging his head on the cpf subject ...mixed witb wrong coy like amoss.

[debono]

Our butt dont play pray...dean award for best nus biz admin grad ..

Wasted talent n wasted time future stubbornly  harping, banging his head on the cpf subject ...mixed witb wrong coy like amoss.

I hope sgbuffett do not have any dealing with Amos, it only brings down his creditability...

[*天哥*]

Our butt dont play pray...dean award for best nus biz admin grad ..

Wasted talent n wasted time future stubbornly  harping, banging his head on the cpf subject ...mixed witb wrong coy like amoss.

oic, no wonder he is so smart.

[p1acebo]

Waste of money.  Landed but 99 years.  Cannot pass down to descendants.

My first post on the matter that got a koyok seller hot under the collar

Savvy buyers will not be fooled by the false praises or antics of a koyok seller

It’s just like buying an apartment.  If you are buying for own stay, sure, buy the dream home and beautifully designed apartment.  The developer is laughing all the way to the bank as he has made his money off you. But it is ok as it is your dream home for own stay.  

But if you are looking for the best bang for the buck, you should be looking for old decrepit buildings that the old owners are looking to enbloc.  Don’t just rely on textbook projections. Go down to the ground and do some number crunching with the agents.  That is the practical way forward.  Even for LH lease renewals, go calculate the development charges if any.  Don’t be fooled if the agent says can enbloc in future too.  If the GPA is already maxed and unlikely to change, then wait long long.  All these will not be told to unsuspecting newbie buyers.

To summarize, folks buy properties for a host of reasons.  As long as it justifies his aim, it is the right reason.  

No need to resort to silly antics and name calling. 
That to me amplifies the person’s immature state of mind or signals significant cognitive impairment

In fact, I would really worry if I am buying from such a small time and crazy developer

[Bigbluedot]

Saying fh is better buy than lh does not means sure make money.

Location and timing decide whether you make or not.

All things being equal than fh is a better deal.

[Huliwang]

My first post on the matter that got a koyok seller got under the collar

Savvy buyers will not be fooled by the false praises or antics of a koyok seller

It’s just like buying an apartment.  If you are buying for own stay, sure, buy the dream home and beautifully designed apartment.  The developer is laughing all the way to the bank as he has made his money off you. But it is ok as it is your dream home for own stay.  

But if you are looking for the best bang for the buck, you should be looking for old decrepit buildings that the old owners are looking to enbloc.  Don’t just rely on textbook projections. Go down to the ground and do some number crunching with the agents.  That is the practical way forward.  Even for LH lease renewals, go calculate the development charges if any.  Don’t be fooled if the agent says can enbloc in future too.  If the GPA is already maxed and unlikely to change, then wait long long.  All these will not be told to unsuspecting newbie buyers.

To summarize, folks buy properties for a host of reasons.  As long as it justifies his aim, it is the right reason.  

No need to resort to silly antics and name calling.  That to me amplifies the person’s immature state of mind or signals significant cognitive impairment

Nice tits.........

[p1acebo]

Nice tits.........

[debono]

My first post on the matter that got a koyok seller got under the collar

Savvy buyers will not be fooled by the false praises or antics of a koyok seller

It’s just like buying an apartment.  If you are buying for own stay, sure, buy the dream home and beautifully designed apartment.  The developer is laughing all the way to the bank as he has made his money off you. But it is ok as it is your dream home for own stay.  

But if you are looking for the best bang for the buck, you should be looking for old decrepit buildings that the old owners are looking to enbloc.  Don’t just rely on textbook projections. Go down to the ground and do some number crunching with the agents.  That is the practical way forward.  Even for LH lease renewals, go calculate the development charges if any.  Don’t be fooled if the agent says can enbloc in future too.  If the GPA is already maxed and unlikely to change, then wait long long.  All these will not be told to unsuspecting newbie buyers.

To summarize, folks buy properties for a host of reasons.  As long as it justifies his aim, it is the right reason.  

No need to resort to silly antics and name calling.  That to me amplifies the person’s immature state of mind or signals significant cognitive impairment

In fact, I would really worry if I am buying from such a small time and crazy developer

Well said, some people here resort to silly name calling, it amplifies the person's immature state of mind....

[WhatDoYouThink?]

nvml, if got spare money to buy and you like anything is gd. if can buy low sell even better.

recently just made an offer and accepted. now headache liao.

[sgbuffett]

sgbuffett is a very learned investor.

His table shared here is similar to our Land Office's "Bala"'s  table which Singapore developers use.

From his contribution, I know he is a great intelligent man and a very successful investor as well.

From a lamer's response to this table, I know this kiddido knew nuts about property or investment.

Thank u for the praise
...but I am still learning.

To be able to figure the value of something well is the key skill in inventing....without this skill one would be guessing or speculating.

Everything good or bad has a price


If something is bad it can still be a good investment once it falls to a low enough price.

Price is what you pay VALUE js what you get

[debono]

nvml, if got spare money to buy and you like anything is gd. if can buy low sell even better.

recently just made an offer and accepted. now headache liao.

Why headache...?

[forum456]

Thank u for the praise
...but I am still learning.

To be able to figure the value of something well is the key skill in inventing....without this skill one would be guessing or speculating.

Everything good or bad has a price


If something is bad it can still be a good investment once it falls to a low enough price.

Price is what you pay VALUE js what you get

2015 s550 0 60

[*天哥*]

Watch and learn, the kumlan kias here :

https://youtu.be/mOaDcHVqmY0

[*天哥*]

Watch and learn, the kumlan kias here :

https://youtu.be/mOaDcHVqmY0

What's the GAP between FH landed and Leasehold landed now ?

More than 20%...u idiots....still dun grab leasehold landed now...you will regret later...ur descendants will regret for u boat missers too.

Same size 1600sqft FH is going for 4Mil while leasehold is less than 2Mil....use your brains...that is not only 20% gap but 2000% GAP !

[WhatDoYouThink?]

Why headache...?

hv to pay and pay ofc headache lah

[debono]

hv to pay and pay ofc headache lah

oic...

[Kgliangp]

I ask u a simple question...can you live to a 100 years old ?

Can any house freehold or leasehold physically last 100 years without major repair ?

A 100 years old freehold badly maintained is worse than a 50 years old well maintained leasehold.

A single leasehold landed is equivalent physically to at least 4 HDB units...one HDB unit is selling for how much now ? Ans: $1 million

That is why this leasehold landed terrace is underpriced, the owner will regret in 5 years after selling it.

Use your brain: It is QUALITY of LIFE that matter.

Getting an overpriced freehold for your descendants is creating a great burden for them if they cannot maintain it after 50 years.

But for leasehold, the owners will definitely group up to enlock their lands and sell to developers since they will not have the disillusion of perpetuality of passing down wealth.

Get it now ?

Kumgongkia again.

Hello 天哥，
I thinks what written here do lack some serious consideration. Hence, I have to agreed with out bro here saying you’re emotional in your reply.

[pinkypanther]

heard someone just offered 50m for a new lh penthouse oppo fort canning

got photo of house?

[WhatDoYouThink?]

got photo of house?

artist's impression only