Tuesday, September 10, 2013

Leasehold vs Freehold: Freehold

I guess the title should be a give away... After much consideration, we decided to only look at freehold properties. This was after an agent pointed out that freehold properties appreciate much faster than leasehold properties that tend to take a rather linear appreciation. Don't take into account the current crazy property market trend. Think in years to come and many people are still hesitant or even totally against purchasing a leasehold property. Surprisingly after we purchased our first home (YAY!!) I was surprised by the number of people who asked me whether it was leasehold or freehold. Well freehold or leasehold, I think the important thing is we've purchased our first home!!! Thank you, Lord!


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