When it comes to landed properties, the truth is that the overwhelming demand is for freehold homes. But in 2022, with interest rates, as well as private homes, soaring, that may simply be impractical or unaffordable for most buyers So if your interest is on genuine home ownership, and not so much investment, then perhaps you should really consider leasehold.
Landed properties show the biggest divergence, when it comes to freehold versus leasehold. Indeed, some buyers will tell you a 99-year lease defeats the entire purpose of buying a landed home, as houses are often intended as multi-generational assets. Despite the demand, however, not all freehold landed properties are $10 million, super-luxury houses. In the pandemic world, there definitely has.
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