Someone said that in the UK, you can top up 20 years of the lease by paying a small premium. This is the example quoted:
"a lease extension of a £250,000 flat in London, with 81 years remaining on the lease, is likely to have a premium between £3,000 and £6,000". This is between 1.2% to 2.4% of the capital value.
The lease has 81 years left. After topping up, it becomes 101 years of lease.
I will calculate how much it will cost to top up a lease from 79 to 99 years in Singapore.
"a lease extension of a £250,000 flat in London, with 81 years remaining on the lease, is likely to have a premium between £3,000 and £6,000". This is between 1.2% to 2.4% of the capital value.
The lease has 81 years left. After topping up, it becomes 101 years of lease.
I will calculate how much it will cost to top up a lease from 79 to 99 years in Singapore.
1 comment:
Are ALL the structure safe and function properly after 99 years rain and shine??.I wonder.
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