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 Selangor to offer RM1000 for leasehold extension, Leasehold extension in Selangor

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post Jun 7 2011, 02:15 PM

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Haha......of course it is really a good news especially for the senior citizen who less money in the pocket. tongue.gif

But, why i understand that after the renew to 99 years old, if the owner what to sell the unit, they needed to pay back the balance of the renew value to selangor gomen.

eg.

Actual needed to pay maybe 80k, now u pay 1k.....later u sell it off after renew.....u need to pay back 79k to selangor gomen.

I think the concept is like that....

 

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