myth: for 99% lease, it means that every year it depreciate 1%..and has no value in 99 yrs time..
for remaining lease less than 60 yrs ..some bank are more cautious..
if the if you are happy with the yield ..rent it.. otherwise, sell...
www.catherinepang.com

Hi,

It depends on your personal goal and motivation. If you find that you want rental rather than cash out, you may want to hold for rental gains.

Yes for shophouse , commercial unit, as it get olders, it is not as easy to sell because the new buyer will have to pay upfront more cash as bank access loan through the age of the property as well.

With 74 years left, it is actually a good time to sell and the selling point includes the next owner to have a chance to sell at little profit. If you wait till 60-69years, then you may also risk capital depreciation as 5-10 yeasr time, a lot of things can happen.

Now is still a good time to sell.

Call me at 96722265 should you wish to sell.

Thanks

Hi Mdm lim,

Since you have the intention to sell, why not put your shophouse out in the market to try selling? I will also get some indicative bank value for you. Please call me at 96836230 to discuss.
Tks. Ander ERA

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