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 …

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 JCube Condo 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 …