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Why buy
Private Property?
(condo & apartments)
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Owner has high degree of freedom over the unit such as renting it out for cash, adding partitions for co-living, taking a term loan on it or selling it without any time restriction
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The property can be sold to foreigners, which means a bigger pool of buyers and therefore higher capital appreciation.
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Owner can choose to buy a freehold private property and own it forever.
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Property may come with amenities such as swimming pool, gym, 24 hours security, etc
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Status symbol
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Lesser restrictions on pet ownership
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