At the point when you buy a property that is leasehold, you own it for a set time span, which is the term of the lease. When the term of the lease runs out, responsibility for property transfers to the individual (or element) that claims the land (for example the freeholder). Gruffly, this means that anyway much cash you paid for the property, you would lose everything if the lease were to run out. Although in practice this doesn't frequently happen, it's a danger that hangs over all proprietors of leasehold properties. However, Ki Residences will be launch as soon as possible.