In a land scare country like S'pore occupying about 700sqkm and with apopulation of about 4.68M. Is it true that 85% dweller living in HDB, 12% living in condos & pte apt while Top-Notch 3% S'porean living in Land-Titles Landed property? In Fact, 1.5% FH, 1% 999yrs LeaseHold & 0.5% 99yrs LeaseHold? Why nowadays, government never have land sales which is FreeHold & when they acquire FH property, they put through land sales as 99yrs LeaseHold? Is It mean FreeHold Landed Property will be very very limited & talk of the town in year 2008?
Posted by Albert Lim on Mar 12, 2008 in General Questions | 52412 Views
Comment added by Albert Lim - Jul 16, 2009
I would like 2 comment rdg post by "buyer" dtd 16/7/09. It definitely make commercial sense 2 buy a FH GCB of land size above 40000sqft for above S$40m b'cos of land-title involve, d owner own this prime plot of land compare 2 buying S$29m for 99yrs Strata-title condo where u don't own any land & once lease is up, u may not allow 2 top it up even if u r allow may cause u a bomb
I would like 2 comment rdg post by "buyer" dtd 16/7/09. It definitely make commercial sense 2 buy a FH GCB of land size above 40000sqft for above S$40m b'cos of land-title involve, d owner own this prime plot of land compare 2 buying S$29m for 99yrs Strata-title condo where u don't own any land & once lease is up, u may not allow 2 top it up even if u r allow may cause u a bomb
Comment added by Albert Lim - Jul 16, 2009
Not 2 4get, Prince Jefri Bolkiah of Brunei who own the huge plot of GCB at nassim rd of land size 110000sqft is value by independent valuer 2 b worth S$120M, so any good size of FH land-title at GCBs zone is definitely worth it.
Not 2 4get, Prince Jefri Bolkiah of Brunei who own the huge plot of GCB at nassim rd of land size 110000sqft is value by independent valuer 2 b worth S$120M, so any good size of FH land-title at GCBs zone is definitely worth it.
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S'pore's population has grown from 4.68Million to last yr 4.88million. In 2015, our projection is 6.5Million. Strata-Title HDB which made up 85% of it had upgrade themselves to become Strata-Title Condo Dwellers or Strata-title Pte Apt Dweller. Statistics shown HDB dweller form 80% of S'pore population now & Condo/Pte apt dwellers form 18% of S'pore population. Due 2 land scarce S'pore, now Land-Title landed pty dwellers has shrunk & form only 2% of d S'pore enlarge population. what's next? Which type of properties will b sought after, answer : very obvious, u know