December 11, 2024

How long should you hold a leasehold condo before it starts losing its value?

This article is contributed by Steve Chen Owning a leasehold condo can be a rewarding investment. These properties often increase in value over time, offering owners the opportunity to earn capital gains.  However, the unique nature of leasehold tenure means that the property’s value can decline as the lease term shortens. As a buyer, you…

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