I do not care about freehold or leasehold when buying private properties, most important it must fulfill my goals which is not like a HDB flat that becomes zero at the end of the lease. Example if you buy a property for rental income and you use that to pay for your car, the duration of your investments is 10 years, you can change your car after 3 years it does not matter, but you must buy back the same budget car, or everything will be messed up. if you use any asset to finance your big item purchases, you must always protect “the goose that lay the golden egg”, buy mortgage insurance to cover the costs if you lose your job or income, never let the banks foreclose if you cannot pay the installments, or you end up worse than you started. I always believe in the good of insurance to cover your risks, especially if you cannot afford to lose that asset. Nobody will tell you such things, but you will lose your pants if you do not listen. The worse case of losing money is you buy an insurance policy and you cannot afford the premiums, because you will lose every single cent and get back peanuts for something you invest for a lifetime. I always believe in delayed gratification, if you are going to commit your lifetime savings you must plan for it, do not anyhow play play or it will decide your future, you may end up losing everything when cannot afford it, the future is uncertain and you need to protect your income, cover all the risks you are exposed to. Do not be distracted by others and you must always think, if you do not plan your resources for everything you cannot cross that bridge and where do you end up? Start all over again? Crazy idea and I teach everyone never to do that. You rather move step by step and only take opportunities that help you move forward, there will always be another bus to take and it will always come again. Never be greedy to make great money, calculate your risks and exposure, it is always better to wait for the right bus.