Fully agree.
Sometimes is also about condition of available choices. Plus new options at locality might be priced too high or too small.
In one place I surveyed, the semi d FH was 7 mil and that for LH was 3mil. The LH was a bit further in and smaller, but price difference was huge.
Originally Posted by
Pynchmail
Yes, FH is certainly preferred to LH, but there are many instances when LH is ok. The following are examples:
(1) you have a budget constraint, for the size of apartment you need, you can afford only older LH.
(2) you treat property as an expenditure instead of investment, the difference in price between FH and LH, you invest in other investments.
(3) there is no FH in the location you want, like the person who paid $28m for the Sentosa bungalow; or you like to stay in Bishan.
(4) you are not concerned with passing down to next generation, maybe because you are not married or have no children.
(5) you are so rich that property is just a small percentage of your total net worth.
So, I guess LH properties have their purpose too. But, if all things being equal, I prefer FH.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.