Asked by Chow
Hi,
I've 2 questions:
Firstly, I'm looking at price eg. in Redhill Blk. 1-20 (which has lease expiry of less than 40 years old) which sells around at about $300K.
I like to know by the end of the expiry of lease, does this flat have any more residual value?
Likewise, a property at People's Park Complex built in 1970 (40 years old - 99 lease). when expiry comes, investment comes to nought?
Secondly, if i rent a whole HDB approved 3-room flat, being single, can i sublet an extra to another person?
Thanks for answering my queries.
I've 2 questions:
Firstly, I'm looking at price eg. in Redhill Blk. 1-20 (which has lease expiry of less than 40 years old) which sells around at about $300K.
I like to know by the end of the expiry of lease, does this flat have any more residual value?
Likewise, a property at People's Park Complex built in 1970 (40 years old - 99 lease). when expiry comes, investment comes to nought?
Secondly, if i rent a whole HDB approved 3-room flat, being single, can i sublet an extra to another person?
Thanks for answering my queries.
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