26/05/2024
“Buyers placed greater importance on and were willing to pay a higher price for convenience, lifestyle and amenities rather than solely focusing on the tenure of a property.”
“… values of leasehold condos surging by 51.3% over the past decade, compared with a 32% increase for freehold condos.”
The value of leasehold properties is expected to continue rising as the Government releases prime land with only ‘Leasehold’ tenures through government land sales (GLS) programs.
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