If you’re considering buying a home in Singapore, you’re probably weighing the choice between leasehold and freehold properties. It’s a common dilemma for many new homebuyers and investors. Making the right decision isn’t just a matter of preference since it can significantly impact your finances, lifestyle, and future investment plans. Let’s take a closer look at… Continue reading Leasehold vs. Freehold: The Critical Choice for New Homebuyers
Tag: Leasehold Properties
5 Costly Mistakes Homebuyers Make when Buying Private Property – Part 2
Read the 5 Costly Mistakes Homebuyers Make when Buying Private Property – Part 1 here. Let’s continue with Part 2. Watch it HERE. The 5 Costly Mistakes When Buying Private Property 3. Not doing enough research. This is related to the mistake mentioned above, which is not doing enough research. Aside from checking the obvious… Continue reading 5 Costly Mistakes Homebuyers Make when Buying Private Property – Part 2
5 Costly Mistakes Homebuyers Make when Buying Private Property – Part 1
I can still remember when I made such a costly mistake as a homebuyer and lost potentially $600,000 and ten years of my time on the property. With my experience, I would like to educate every property buyer so they will not make the same mistake as I did. Let me share with you the… Continue reading 5 Costly Mistakes Homebuyers Make when Buying Private Property – Part 1
Freehold vs. Leasehold Property: Misconceptions Debunked Part 2
Better to get hurt by the TRUTH than comforted with a lie. – Khaled Hosseini It is necessary to be realistic and precise while dispelling common misconceptions concerning freehold and leasehold properties. The truth may force you to question what you thought you knew about freehold vs leasehold properties, however, knowing the truth will lead… Continue reading Freehold vs. Leasehold Property: Misconceptions Debunked Part 2
Freehold vs. Leasehold Property: Misconceptions Debunked Part 1
Would you pay a 10% to 20% premium just for a Freehold Property and still don’t make 6-figure profits from it after five years? In this blog post, I will be debunking common misconceptions about freehold vs. leasehold properties and their role when choosing the right property for you. You may have encountered these terms… Continue reading Freehold vs. Leasehold Property: Misconceptions Debunked Part 1
Leasehold & Freehold Properties: What’s the Difference?
Honestly, trying to decide if you should get either a freehold property or a leasehold property would really depend on the time period or ‘era’ you’re in and your preference. Notice that most people from long ago wanted freehold ones because the filial piety and expectations for your generations to stay in the same ancestral house was more of a ‘trend’ or a tradition. But now, most, if not everybody, are into practicability. Seeing as children won’t probably stay in the same household for the rest of their lives would also mean choosing leasehold. In the end, it all depends on you.