As a homeowner, lease expiry concern might not have happened if you had the correct planning owning a leasehold property in Singapore.
There are various up sights from owning a leasehold too.
1. Output of Cash is minimize
2. Loan amount greatly reduce
3. Bigger and more spacious space for the amount
4. Great rental yield
5. Able to be sold at profit when undergoing proper planning
How have you tap on this opportunity if you are owning a leasehold property?
More information can be found here.
In a similar recent news from the media, SLA was slated to take over the land at Geylang Lor 3 when the lease expires in 2020. This plot potentially will set future approach in all homes as we see aging estates reaching their tenure.
One clear reference is part of Ang Mo Kio where there are HDB nearing the age of 40. Thus the future upsights of such property are still unclear.
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