The recent new leasehold launches in the OCR region are mostly above the 2k psf mark. Its all over the news, be it AMO, Lentor Modern or even the boutique development Sky Eden. This is problematic to me as the highly desired freehold CCR condo like Rivergate(500+ units) are transacting quite close at a range of 2.3-2.7k psf. Even old condos that are situated beside Nassim and right beside the upcoming Napier mrt, like Botanic Garden Mansion are transacting at sub 2k psf. Besides the school effect, what are the reasons to choose a leasehold ocr rather than a freehold ccr if both are near the mrt? I would think its a no brainer if the psf is similar, to choose a ccr freehold due to the affluency and the immunity to bala curve. Maybe the quantum is smaller and hence buyers think that its more 'affordable". I can imagine a 800 sqft unit now having three bedrooms....