Parc esta price

En bloc sales

Homeowners of freehold properties have higher chances of profiteering from collective sales.

Developers may prefer to acquire freehold over 99-year leasehold properties because they do not have to incur a hefty land premium to top up the lease (of which the approval is not even guaranteed), which eats into their profit margins.

Even if developers do acquire 99-year lease lands, they may offer a relatively lower price as they factor in the land premium they have to pay.

Long-term stability in value

Leasehold housings nearing parc esta price the end of their tenure will always fall steeply in value. But you will never have to face this problem with a freehold.

However this is not saying a freehold property will not depreciate in value over time. This can also occur due to the decay of the building. When this happens, the redevelopment value of the land may exceed the value of the building; thus resulting in a collective sale.