As title stated,
My friend going to buy a leasehold property in Puchong and budget is >RM 380k.
What my friend said about leasehold:
1.) Cheaper and up to his budget/installment
2.) Leasehold up to 99 years...definitely sufficient
What I said abt leasehold:
1.) Value will drop >10%~20% (min) after 20 years
2.) The leasehold property was bought by some investor seeking for instant money...value is inflated at least Rm 50k
1.) Why not scratch the installment period longer and opt for freehold property?
The interest definitely become heavier but at the same time will the freehold property off set against the impairment of the leasehold land?
Really need need advice from property guru...please advice
Freehold VS Leasehold, Gain VS Loss?