PAP Leasehold Landed Property Sold For $750k Despite Only 13 Years Left On The Lease!

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PAP Leasehold Landed Property Sold For $750k Despite Only 13 Years Left On The Lease!

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27-05-2024, 10:50 AM

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PAP Leasehold Landed Property Sold For $750k Despite Only 13 Years Left On The Lease!

An honorable member of the Coffee Shop Has Just Posted the Following:

Despite the dwindling leases, transactions for the 70-year leasehold landed properties in Jalan Chempaka Puteh, Jalan Chempaka Kuning and Bedok Road have been mostly profitable.

The leases for 144 terraced and semi-detached houses there are set to run out in 10 years – in August 2034.

Checks by The Straits...

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