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Investment Maxim Residences @ Cheras KL

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crazycrazyman
post Jun 21 2016, 11:06 PM

What about that?
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Senior Member
2,706 posts

Joined: Jan 2009
From: Malaysia.



Just thinking if this is really worth the purchase? It's leasehold and it's commercial entitled. Wondering what are the major factor for your purchase?
crazycrazyman
post Jun 22 2016, 01:24 AM

What about that?
*******
Senior Member
2,706 posts

Joined: Jan 2009
From: Malaysia.



QUOTE(Endless_tale @ Jun 22 2016, 12:20 AM)
Now peoples won't care whether it is Freehold or Leasehold.. if we buy a freehold, the problem is whether we can survive for how long years to enjoy the facilities offer by freehold condo? If leasehold,that time dunno pass through how many generation (99 yrs average around 3 generation). So many youngsters especially fresh graduate or just came out to work also wish to have their own property although leasehold that i did the survey. The bank rejected rate is high and if freehold sure the price will be different from lease.  This is what i think . Govt has the right to collect back the freehold or leasehold land.. just leasehold sound a bit feel not as good as freehold.. different is renew the lease period where freehold do not face this step... now no more residential title and most of the new launches call service apartment (commercial title) . Sometimes leasehold is good to buy if convenience like easy to get public transport like MRT or some purchasers thinking is different because of their family members stay nearby or their working place is near to this condo..  many thing can criticise and depend on what they think about this project. If they have well return in term of income, they sure will demand a lot which wont even think to stay or buy a condo... sure aim for landed but problem is whether they are able to buy the new landed property.
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Well explained. Another question in my head is that if I buy now, it is the price after appreciation. Am I making a bad investment decision? Or it will still appreciate more?

 

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