Unlocking the Potential Condo Launches for 99-Year Leasehold Properties with Limited Remaining Lease Terms
Posted on September 25, 2025 by amsteruni
New condo launches present an attractive option for potential homeowners due to their relatively lower ongoing costs, particularly within the first 5 to 10 years of ownership. On the other hand, purchasing an old condo may entail expensive renovations or the replacement of worn-out systems, resulting in a higher overall investment.
One factor that makes 99-year leasehold properties attractive is their lower initial cost compared to freehold properties. In cities like Singapore, where land is limited, freehold properties come at a premium price, making them unaffordable for many buyers. 99-year leasehold properties offer a more affordable option for those who want to live in the heart of the city, without breaking the bank. This lower price point also makes it easier for first-time homebuyers to enter the property market, allowing them to build equity and upgrade to a larger home in the future.
One of the main concerns of buying …
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