facebookWith the debate on whether HDB and private leasehold properties depreciate the same way going on, would like to know what stacked take on this is? - Seedly

Advertisement

Anonymous

25 Nov 2020

Property

With the debate on whether HDB and private leasehold properties depreciate the same way going on, would like to know what stacked take on this is?

Do HDB and private leasehold properties depreciate the same way? TIA.

AMA Stacked Homes

Discussion (1)

What are your thoughts?

Learn how to style your text

Ryan Ong

25 Nov 2020

Partner at Stacked Homes

Private properties have better prospects (note: not guaranteed solutions but prospects) in combating lease decay than HDB flats.

This is down to the fact that most condos can be bought en-bloc by private developers. Now it's definitely not something to bet on, and you shouldn't over-confidently buy very old properties in hopes of an en-bloc; but it is one thing condos have going for them that HDB flats don't.

As a matter of personal opinion: getting the 80 per cent consensus for a condo en-bloc is hard enough. I feel it's going to be even harder to get that consensus in a dense HDB developent for VERS.

Write your thoughts

Advertisement