tag:blogger.com,1999:blog-3369913673706314365.post2891814497189042402..comments2023-08-29T15:46:12.709+08:00Comments on For Prudent Investors & Home Buyers: 99 Leasehold Property: Calculation of Depreciation Rate based on Singapore Land Authority DataUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3369913673706314365.post-49463147586985713922009-01-22T16:00:00.000+08:002009-01-22T16:00:00.000+08:00Hi,I have been trying to look for this 99LH deprec...Hi,<BR/><BR/>I have been trying to look for this 99LH depreciation table. Thanks for posting it online.<BR/><BR/>During property boom in 2007, I think the table of calculation 99LH depreciation is not even a guide for reality value of a property.<BR/><BR/>There are flaws in the table as a guide, I remember a property at East area like Costa Del Sol where the lease left around 90yrs before the property peak the valuation range $600-$700++psf. But during the peak the price of 99LH which left 90yrs when up close to $1200psf. Even FH like Fernwood Towers worth less than a LH.<BR/><BR/>I'm trying to make sense of this matter. The best part is, when I ask a property valuer, they told me they don't refer to the above table. Then my next question is, why SLA came out with the depreciation table for 99LH property.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3369913673706314365.post-13555648949879993422008-09-27T06:44:00.000+08:002008-09-27T06:44:00.000+08:00Dear Phantasia,Agree with you that lease tenure is...Dear Phantasia,<BR/>Agree with you that lease tenure is only part of the equation but undeniably, such intrinsic depreciation of 99LH property will always contribute to its uncertainty as a property investment and hence, investors will inevitably have to weigh the associating risk when making their investment choice.<BR/><BR/>Best wishes again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3369913673706314365.post-25256935597213923132008-09-26T16:40:00.000+08:002008-09-26T16:40:00.000+08:00Interesting study! Thanks for sharing! But with a ...Interesting study! Thanks for sharing! <BR/><BR/>But with a whole list of factors that may come into play in pricing a property, i'm actually inclined to think that the lease tenure (FH vs LH) is only part of the whole equation. Hence some LH may actually be worth investing in? Might be too sweeping to underwrite all LH properties cos of the depreciation from lease tenure. Just some personal thoughts on the issue.<BR/><BR/>CheersAnonymousnoreply@blogger.com