By guest contributor AK

When I was told that residential properties in Hong Kong generally come with a 50 years lease, I was amazed. Imagine that someone in his thirties bought a condo in Hong Kong and he lived to be 90 years old.  This effectively means that he could be kicked out of the property, as there is no guarantee that the lease would be extended!

To someone from Hong Kong, a 99 years leasehold property in Singapore is probably a steal! The lease is twice as long, and the prices are probably lower too, like for like. However, things could change for the next generation.  Shorter land leases are beginning to become more popular in Singapore.

60 years leasehold condo in Singapore

A 1.02 hectare residential site in Jurong Kechil comes with an unusual 60 years leasehold term.  This is believed to be the ...