[Huliwang]

Its like CPF Life...how much bequest to children.
For some people property is for them to live and enjoy....for others they want to pass to children.

Suppose you end up with 2.3M when you retire...since you are retired you want a bigger space as you stay home most of the time so big home is important.

Instead of paying 2.3M for freehold  you pay 1M.....you now have free to use 1.3M cash....to enjoy your retirement.

Leasehold has a certain purpose and fill certain needs

Looking at your calculation basically you want a comfortable home for retirement with enough money for living out the last part of your life.

If that is the case, then it is better to buy a BTO flat which cost much less and more comfortable if you spend some money doing up the interior. ...