house property vs land property

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Chee Haeng Liow asked 5 years ago

Hi KC,
I would like to ask the different between the house property and land property.

2 Answers

KCLau Staff answered 5 years ago

Do you mean buying a landed property? or just empty land?
If it is empty land, the financing will LTV (Loan to Value) will be lower around 50%.

KCLau Staff answered 5 years ago

I have no experience in this. But generally the process is about the same – engage a lawyer to facilitate the transaction.