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Are 60-year leasehold residences here to stay?

Are 60-year leasehold residences here to stay?

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kichialo Offline
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#11
21-01-2014, 10:21 AM
(21-01-2014, 10:18 AM)chialc Wrote: T,
If S$2200 per month is not realistic, then any good gauge on a more realistic number?

For your gauge, do some calculation and see whether it's still make sense.

Big Grin

A conservative range between $1500-2000 is possible. Cool
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specuvestor Offline
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#12
21-01-2014, 01:14 PM
(20-01-2014, 08:13 PM)kichialo Wrote:
(20-01-2014, 06:26 PM)chialc88 Wrote:
(20-01-2014, 05:35 PM)opmi Wrote: If all investors rent to
others except retirees, how URA evaluate pilot project success?

We are aware that there are two new ideas in The Hillford.
1. 60 yr lease
2. retirement resort village

#1. is actually what Gov wanted to test out... the acceptance of shorten leasehold condo to the public

This test case pass with flying color.

Suppose, tomorrow The Hillford2 is launches, you can guess the response and don't need to tell me... keep it secret.

#2. is a nice to have. how do we package such that the public is acceptable to the shorten leasehold?

This test pass its test as public at best welcome the guesture or at worst do not mind the bundles.

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I think the main reason it "passed with flying colour" is the govt exemption that allows the developer to build tiny shoebox units and sell at small quantums. Big Grin

I am pretty sure that as long Khaw is on the helm, govt will tweak the retirement village concept so that only qualified retirees can apply
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Temperament Offline
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#13
21-01-2014, 06:45 PM
(21-01-2014, 10:21 AM)kichialo Wrote:
(21-01-2014, 10:18 AM)chialc Wrote: T,
If S$2200 per month is not realistic, then any good gauge on a more realistic number?

For your gauge, do some calculation and see whether it's still make sense.

Big Grin

A conservative range between $1500-2000 is possible. Cool
Actually for me anything is possible as long as the Market can or allow or accept. Another words the Market is a better calculator than me. Because the Market is made up of all of us. But i do admit, sometimes the Market is crazy beyond my understanding.
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pianist Offline
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#14
21-01-2014, 10:44 PM
how big is that 388k unit that can fetch 2.2k rental per month? I guess a fat man like me would not be able to squeeze in
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chialc88 Offline
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#15
22-01-2014, 12:14 AM
AiYo, make a guess lar...
how many square foot you expect to pay for $388k?

If $2200 rental is too high, what should be a more realistic rent?
condo facilities ... close to MRT and schools


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pianist Offline
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#16
25-01-2014, 10:48 AM
Many moons ago there were already talk that housing may shorten lease like those in china. The trend is com
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