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Thread: The Linear (D23, 999 yrs, Amara Holdings)

  1. #361
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    Only 99 years leasehold property owners will have to worry about their property value dropping to ZERO for now (and hence have to convince others to buy such worthless properties so that they can flip their old "babies" to them).......

    People buying Freehold have NO such worry about their "babies" becoming old.........
    Not even for 999 years leasehold as many of them still have >900 years lease left (and their depreciation would be like 0.1% per year as compared to 99 years leasehold having depreciation of 1% per year)...........

    Quote Originally Posted by Kelonguni View Post
    Another classic one from Teddybear: after 999 years the value will drop to zero!

  2. #362
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    For me, 99 years are for own stay till enbloc if ever. If not, stay till die, no hassle.

    FH for me is for transactional purposes.

    Quote Originally Posted by teddybear View Post
    Only 99 years leasehold property owners will have to worry about their property value dropping to ZERO for now (and hence have to convince others to buy such worthless properties so that they can flip their old "babies" to them).......

    People buying Freehold have NO such worry about their "babies" becoming old.........
    Not even for 999 years leasehold as many of them still have >900 years lease left (and their depreciation would be like 0.1% per year as compared to 99 years leasehold having depreciation of 1% per year)...........
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  3. #363
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    Don't understand your distorted and weird reasoning that doesn't make any cow sense.......

    Almost every one knows that people who buy 99-years leasehold properties want to hold only a short-term and always hoping to "flip" them to somebody else to hold their aging "babies" (before the property is >20 years old), if this is not "for transactional purposes", then how can FH where most people is willing to to hold forever be "transactional"?


    Quote Originally Posted by Kelonguni View Post
    For me, 99 years are for own stay till enbloc if ever. If not, stay till die, no hassle.

    FH for me is for transactional purposes.

  4. #364
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    Even if some hold short term, some others will hold them till enbloc right?


    Quote Originally Posted by teddybear View Post
    Don't understand your distorted and weird reasoning that doesn't make any cow sense.......

    Almost every one knows that people who buy 99-years leasehold properties want to hold only a short-term and always hoping to "flip" them to somebody else to hold their aging "babies" (before the property is >20 years old), if this is not "for transactional purposes", then how can FH where most people is willing to to hold forever be "transactional"?
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  5. #365
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    Quote Originally Posted by Kelonguni View Post
    Even if some hold short term, some others will hold them till enbloc right?
    bearbear should troll on chinese ppty forum coz he will troll at them that all of them will see their houses depreciate to zero after 50 or 70 years (if he even knows that in the first place before googling).

  6. #366
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    Quote Originally Posted by Kelonguni View Post
    Even if some hold short term, some others will hold them till enbloc right?


    If the 99 LH project is sold by FEO ( while the land could be FH) .... NO CHANCE OF ENBLOC ...

  7. #367
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    Quote Originally Posted by proud owner View Post
    If the 99 LH project is sold by FEO ( while the land could be FH) .... NO CHANCE OF ENBLOC ...
    Then we should be discerning which projects we go for.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  8. #368
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    I personally do not bother with FH or LH.
    Historical data will show both can be extremely profitable if hold for right period.

    For enbloc, just see how recent shunfu and raintree both are LH. And many other old towers, regardless LH or FH, have redevelopment potential.

    Just be practical and selective, and sometimes must accept people just be lucky .

  9. #369
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    All else including price being equal or close, Freehold definitely is a better lobang.

    But usually they will be too unequal to compare.

    Insisting FH is definitely better than LH, is saying that its better to buy a tortoise for the race than to buy a hare. If the race is for decades, the tortoise should ultimately win (after the hare's life ends), but in the foreseeable short term on land where it matters most, the hare consistently outruns the tortoise (except for occasional slips). And when it goes underwater, the tortoise should do better than the hare.

    So much will depend on the condition and situation. There is no absolute answer.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  10. #370
    teddybear's Avatar
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    When the population do not grow much (like now because foreigners' intake has been tightened and because more and more old people will die than number of new-borns), there will be less and less demand for LH (because people know it will be very difficult to flip to next goondu to hold their "babies" before their properties reach 20 years old and their LH property value will start to drop more steeply)..........
    When property demand is low, people can stop dreaming about ENBLOC! They can only hold their properties until their lease runs out at 99 years old............

    Quote Originally Posted by Tomutomi View Post
    I personally do not bother with FH or LH.
    Historical data will show both can be extremely profitable if hold for right period.

    For enbloc, just see how recent shunfu and raintree both are LH. And many other old towers, regardless LH or FH, have redevelopment potential.

    Just be practical and selective, and sometimes must accept people just be lucky .

  11. #371
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    If let's say you are right, and there is really a population freeze.

    Which type of development has the leeway to lower rent and still match or close to match monthly mortgage payment without out of pocket payment, supposing the properties are all with 80% loan?

    But we have seen is there is no freeze - the population growth is just slow enough that it is not so noticeable or offensive.

    Quote Originally Posted by teddybear View Post
    When the population do not grow much (like now because foreigners' intake has been tightened and because more and more old people will die than number of new-borns), there will be less and less demand for LH (because people know it will be very difficult to flip to next goondu to hold their "babies" before their properties reach 20 years old and their LH property value will start to drop more steeply)..........
    When property demand is low, people can stop dreaming about ENBLOC! They can only hold their properties until their lease runs out at 99 years old............
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

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