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Analysis on Jurong Lake District
14 June 2012
In 2008, the Urban Redevelopment Authority (URA) revealed plans to further decentralize commercial activities from the Core region as part of the strategy of the Masterplan 2008. This involves the development of more commercial hubs such as Jurong Lake District, Paya Lebar Central and Kallang Riverside. The Jurong Lake District in particular, was envisioned to become the biggest commercial hub outside the Central region, combining both business and leisure elements within its… READ MORE
Freehold and Leasehold Analysis
17 October 2013
Apart from location, the next most important question on a home purchaser’s mind is probably the tenure of the property. There are generally two types of tenure in Singapore: 99-year leasehold and freehold. We consider 999-year leasehold to be the same as freehold, because their difference in value is negligible and banks will not impose any loan limits even if the lease runs into a few hundred years. Freehold properties hold a few advantages over their leasehold counterparts… READ MORE