If you’ve decided between an EC and a private condo, and decided that a private condo is the way to go – here’s another major decision you have to make – a freehold or leasehold condo? One advantage of private property is that, if you’re willing to pay more, you can buy a freehold property. There’s no 99-year lease, so there’s no risk of lease decay affecting your property value; and it’s ideal for a property that you want to leave as a legacy. Well, that’s the theory anyway. In reality, a freehold condos doesn’t always beat out a leasehold condo as an asset; in fact, some investors roll their eyes at freehold status, and see it as an unnecessary cost. In this part of the guide, we’ll take a deeper look at the differences when choosing your condo: What is a leasehold condo? This typically refers to properties that have a 99-year or 103-year lease (either from the time of the land...