News Article

Old 99-year leasehold condo prices rise despite decaying lease but growth rate slows

A COMMON perception is that an ageing 99-year leasehold condominium is likely to see price declines as its lease decays, but a new study has found quite the opposite.

Old 99-year leasehold condo prices rise despite decaying lease but growth rate slows
Old 99-year leasehold condo prices rise despite decaying lease but growth rate slows

 

Source: https://www.businesstimes.com.sg/real-estate/ageing-99-year-leasehold-condos-still-appreciate-but-lag-benchmark-median-gain