BUSINESS

Leasehold in prime locations

Published on 23/05/2018

» Living the luxury lifestyle with unending convenience that fulfils every wish of urbanites in locations where they can work, shop, eat out, travel, and commute in the blink of an eye is probably a pipedream. The current real estate conditions hardly allow anyone to own a property in the heart of the city due to limited land allocation and the fast-rising prices of 10%-15% each year. This results in a high value for every sq. inch. (Source: JLL, the global property investment consulting and service company).