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Leasehold condos


Unlike other mature markets where the leasehold regime is widely recognized across all segments of the residential market, Thailand, particularly Bangkok, is lagging behind. Less than a tenth of total condominium supply was classified as lease in 1Q22. In Bangkok, leasehold condominium is a type of ownership that covers property for sale while providing long-term …

One of the most important considerations for a long-term ground lease is that the ground lessee’s leasehold interest in the land is “financeable.” A mortgage lender providing financing to the holder of a leasehold interest must evaluate the ground lease for specific essential criteria to preserve its lien position during the life of the loan …

Mahalo for supporting Honolulu Star-Advertiser. Enjoy this free story! A grand, unconventional idea to end Oahu’s affordable housing shortage at no long-term public cost has been narrowed down in the Legislature after three years of effort. State lawmakers recently received an updated study of a proposal for a state agency to develop and sell at …

What is the impact of aging on the different types of condos? Are freehold condos better value? Does location matter? An in-depth analysis using our Market trend indicates a growing gap in the overall average price of freehold and leasehold condominiums as they age. Table 1 below shows the average price of freehold and leasehold …

[ad_1] When it comes to buying a private condominium, one of the main considerations is whether the property is freehold and leasehold condominium. In between, home buyers tend to opt for freehold properties. This is because the general consensus is that freehold properties: But is the above true? In this article, we will explain the …

[ad_1] Mahalo for his support of the Honolulu Star-Advertiser. Enjoy this free story! For the third time in three years, a state effort to produce affordable middle-class housing at no long-term cost to taxpayers is rocked in the legislature despite substantial support. The idea, first launched in 2019, is to build high-rise leasehold condominiums on …

[ad_1] Mahalo for his support of the Honolulu Star-Advertiser. Enjoy this free story! A bold idea this year to address Hawaii’s chronic shortage of affordable housing by developing and selling leasehold condominiums on state land is still alive in the Legislature. Two bills that would allow such bills could be sent to Governor David Ige …