Freehold Condo Prices Vs Leasehold Condo Prices

Freehold vs leasehold condos. Freehold property can indefinitely be held by the owner while a leasehold property of 99 years, upon its lease expiry, goes to the state.

999 years lease property is holdover which is dating during colonial era periods. These properties have the same intents as well as for purposes just like freehold. In case the government has a vital reason such as security or infrastructure, freehold state of your property can’t save it from government acquisition.

Freehold Condo Prices and Leasehold Condo Prices

The price of the new sale of freehold property is relatively higher with 10 to 15 percentages when compared to leasehold property in the same region. Between Freehold and 99 Years, Which Has More Value? Answering this question isn’t easy, because isolating the causes of individual property isn’t easy.

For example, a leasehold property remaining with an approximate 70 years and be located at CBD, will definitely have more value compared to freehold unit located outside Central Business District. As well, in case a freehold property is located just next to MRT; it’s not easy to evaluate its freehold nature as well as issues relating to its accessibility.

However, they’re some few conclusions which we can come up with regarding the worth of freehold versus leasehold property:
• The differences in prices happen probably at 78 as well as 30 years mark.
• During en-bloc, that the ideal time for freehold to fetch better prices.
• Leasehold is the best option for yielding rentals.
• Freehold advantage appears to be more theoretical compared to practical.

• The Differences in Prices Happens Probably At 78 As Well As 30 Years Mark

Freehold Condo Prices Difference Compared to Leasehold Prices

Definitely, freehold prices differ with leasehold with at least 10 percent. This is most probably when comparing with leasehold which has at least 78 years lease remaining to a freehold property. While assuming other factors such as accessibility, location as well as amenities is either less or apparently more equal.

• During En-Bloc, That The Ideal Time For Freehold To Fetch Better Prices.
During the en-bloc period, the freehold property prices are relatively higher because the owners are definitely giving up. While leasehold property towards the end of the lease, it’s relatively priced low because the owner may not make anything tangible from it.

• Leasehold is the best option for yielding rentals.
Leaseholds property is ideal for yielding rentals. This is due to they’re cheaper and tenants are free from the affection of either property is either leasehold as well as freehold.

• Freehold advantage appears to be more theoretical compared to practical

Freehold Condo For Property Investments

When looking from a point of property investment in terms of freehold and leasehold differences, we find out is professionals academic distractions. It’s not easy styles because, whatever you find out, there’re some other real-world examples which will probably differ with it.

Any investor will perform to best based on certain principles. Some factors may include; worth of the properties around, amenities around, rental yield just naming a few. These factors are very vital than whether the property is a leasehold or a freehold.

Conclusion
Freehold, as well as leasehold properties have various differences. So, it’s advisable for you as an investor to be very wise and cautious before settling on which type of property you want to invest on. This will help you make a wise and viable decision.

 

8 St Thomas Former Airview Towers and Chez Bright Apartments

The 8 St Thomas is a freehold development which is found in district 09 at St Thomas walk. It’s found just a walk away from the newly developing the MRT Station as well as at the heart of Orchard. It sits at former developments, which are Chez Brights and Airview Towers apartments which were all bought in years 2006 and 2007 respectively by the famous developer Bukit Sembawang. After its completion, 8 St Thomas Condo will be the talk of the town since it will be at the top of all kinds of developments within. This development site will be having 250 freeholds units with 2 blocks at 35 as well as 36 stories respectively.

8 St Thomas Former Airview Towers and Chez Bright Apartments

The development will feature one to four bedrooms which will be well furnished and well finishes to make you feel comfortable living at * St Thomas. You will view the city center and unblocked view to Robertson Quay area. Your guest will be entertained right at home since there will be 55 entertainment areas specifically for entertainments. For the buyers who want bigger spaces in their homes, 8 St Thomas former air view towers and chez bright apartments has exclusive penthouses for buyers.

8 St Thomas Former Airview Towers is surrounded by many shopping centers which will make residents live a unique lifestyle at 8 St Thomas Great World City MRT. Among the shopping centers around * St Thomas includes:

8 St Thomas Freehold Condo Great World City MRT Station

This is a shopping mall which is integrated with offices as well as 35 story well-finished apartments. It’s just next to Great World MRT Station. It’s a popular shopping center as there is a shuttle service to Orchard, City Hall and other destinations that operate there. There is also baby shop located there. It’s just next to 8 St Thomas Great World City hence making it convenient for residence and easily accessible.

It’s a popular shopping center among the young generation crowds due to its location just at the right of the city. It’s a youthful lifestyle mall consisting of anchor tenants like karaoke lounge, a food court, complete beverage outlets. It has many eateries and contains various entertainment hubs hence making it an ideal for the youth.

8 St Thomas Condo Great World City Shopping Centre Freehold

It’s another popular shopping which is located at 2 Orchard Link just a few minutes’ walk from 8 St Thomas freehold condo. It’s convenient to access the eateries, tenant anchors, and entertainments outlets. It’s a nonprofit organization which focuses on aspiring and nurturing youths talents. It has plenty of entertainments outlets that cater for the youths.

Other popular shopping centers near 8 St Thomas condo are Thomas Walk and 313@somerset City center which are easily accessible by residents and have various eateries, anchor tenants, entertainments outlet among other features which improves the livelihood of the residents.

River Valley Primary School
This is a very popular primary school which is found near 8 St Thomas cbd condo. It targets on identifying and nurturing students to be the future leaders by the provision of high-quality education to their students.

Why relent? There is a unique lifestyle that awaits you at 8 St Thomas. Make a date with 8 St Thomas and you will enjoy all this beautiful residential. With all plenty shopping centers, you are going to live a full throat lifestyle at 8 St Thomas.

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