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D'Alpinia @ equine Vs Mutiara Indah @ puchong Investment
aramis888
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Sep 16 2010, 03:27 PM
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Getting Started
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QUOTE(ronn77 @ Sep 16 2010, 11:21 AM) well..if buying landed properties, it's a big "NO" for me if the land is leasehold. Your property price will never goes up and only suffers when the land tenure is getting lesser and lesser. Rules No.1 when buying landed house, it must be Freehold and forget about it if it's leasehold unless they sell at dirt cheap. what about LakeEdge? Value will only drop / stay stagnant when lease is reaching 70yrs or less.
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aramis888
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Sep 17 2010, 12:47 PM
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Getting Started
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QUOTE(prody @ Sep 17 2010, 12:19 PM) Of course leasehold property price will also go up.
Rule no 1 only applies if price difference between similar type development in similar area for freehold and leasehold is small. For example, when I bought my house (leasehold) a similar type house (freehold) costed about 50% more. So the choice was easy for me as I am not a die-hard freehold fan and the house was for own stay as well. you got that right. I bought a LH landed last year for investment, reason being, its a G&G and the price is more than 30% cheaper than those nearby FH non-G&G ones. if you factor in the G&G for the LH prop, the price difference will be more than 30%. The choice is very obvious for me.
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