you never buy a flat, you merely lease it. What you think? - Printable Version

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+--- Thread: you never buy a flat, you merely lease it. What you think? (/Thread-you-never-buy-a-flat-you-merely-lease-it-What-you-think)

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you never buy a flat, you merely lease it. What you think? - Sickwarfare - 11-09-2022




https://shrtco.de/Xcy6Fj

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RE: you never buy a flat, you merely lease it. What you think? - webinarian - 11-09-2022

Whether sold or leased, you have the right to use it for 99 years. 

You also have the right to sell the remaining years in the flat in the resale market. 

Name doesn't matter so much. Right? 

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RE: you never buy a flat, you merely lease it. What you think? - Gstalk - 11-09-2022

I think it is good

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RE: you never buy a flat, you merely lease it. What you think? - sgbuffett - 11-09-2022

This turned out to be a stupid mentality to say it has no value because you need to return to govt....look at the "leasehold" hdb going for above 1M on resale market.

A long term lease has good value and utility.
By buying and locking into a property one protects your family from rental inflation for 100yrs!!!

I totally agree with the concept of leaseholds.
And leasehold is suited for countries like Singapore became of land scarcity to create redevelopment opportunities later on.

I don't understand why people keep badmouthing leasehold ....it stems more from misconceptions

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RE: you never buy a flat, you merely lease it. What you think? - WhatDoYouThink? - 11-09-2022

in ah butt's case, you probably will stay until the last day of the 99yrs so there's no issue. but for most they'd hv to sell for some reasons, and it's difficult to sell after 60 yrs, because it's more difficult for the buyers to get loans. whereas 999yrs and fh do not hv this problem

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