Owning a freehold condo in Singapore has its benefits and prestige, however, buying a property based on tenure status alone may not be the wisest choice. For starter, freehold condos are more expensive, and the older units may not offer lucrative potential down the road. Leasehold properties, on the other hand, may provide better investment returns if the objective is to generate rental income.
While the value is always in the eye of the beholder, having a level-headed approach is more likely to benefit property buyers in the long term. After all, buying a property is no small matter, a slight misstep can set one back by hundreds of thousands. Read More
Before taking up a huge loan to secure that million-dollar freehold property, why not consider different components from a more holistic point of view? Besides tenure, the intention, location, amenities, and infrastructure are far more important factors to consider.