To play safe...

Place to stay: Freehold
For investment: Leasehold / Freehold

Leasedhold also can la place to stay, when you old your children also will buy their own house so most likely the house will be jual later on.

Wow, short form also u can get the project name, hahaha.

Yeah, both are good, but for me, SSM outshine my expectation for IM and probably, IM was my slowest appreciation property, where in fact, I rent out the unit easily at RM 2,500 but I had no regret to sell both due to I used the money for somewhere else and waiting it to harvest up nicely. Or else, my portfolio remains the same.

Any property can give me good appreciation and capital return is good, I dont care whether it help me profit RM 10k or RM 100k, I had set my minimum and maximum target for each investment, of coz realistically. The importance for me, would be liquidity and how fast can flip and rent out.

Ridzuan is a very terrible condo, sigh. That's part of the reason why so many tenants trying to move over to SSM due to better management and improved management from time to time. I hate them until I like them.

Concurred that, location is never go wrong, accessibility, affordability and entry & exit pricing.

Chris kor,

what is your opinion on Subang Ville Aman Luxury?

Boss, Subang Ville Aman got Luxury one meh? I not sure eh.

Hmm, this condo, I think quite old but probably better than Ridzuan.

Boss, Subang Ville Aman got Luxury one meh? I not sure eh.

Hmm, this condo, I think quite old but probably better than Ridzuan.

Chris kor, I'm no boss la. 

This SV Aman Luxury is the low density one. next to SM. According to agent this is considered condo, while SV Ehsan which is infront a bit is a walk up apartment.

I see this SV aman quite ok la. corridor also spacious, bright and clean. Unlike RC.

If not mistaken, it is based on the land size value by the government authority ( not self valuer ) and not the property cost / value or not including the building cost.

Assume the balance of the lease period is 20 years, assume the RM1mil superlink land size is huge at 2000 sq ft and the current market value for the land is RM 200 psf. ( it should be much lower by the the land only has 20 years lease remaining ) and I was told that the State Authority normally value it much lower than the market rate by the valuers firm.

The formula should be ;

0.25 x 0.01 x 79 ( years ) x 200 x 2000 = RM 79,000

The other cost would be RM 500 burial cost, lawyer fee of RM 1000-2000 and Admin Cost of estimate RM 500-2000 ... I don't think it is RM 200k high.

Btw, if a 2000 sq feet land area leasehold linked house is cost RM 1mil with lease remaining 20 years, to spend RM 85-90k for the renewal to 99 years is worthy and ultimately, the property may shoot up to > RM 1.5mil ( just my imagination )

In the other way, if a leasehold land prop with less than 20 years remaining is worth RM 200 psf, then the value of the land itself is much higher with 99 years renewal bcz market value is higher than State Authority value.

Under Selangor State, the renewal is under promotion of only RM 1,000, provided you do not sell the property and allowed to pass to the family members. Meanwhile, if you do not wish to activate this option, you can have the next option of paying full premium ( currently with 30% discount ) and can sell the property immediately.

IMO, as long as the state government is willing to renew the lease extension, it is worthy if your property location is ideal and the market value is good if 99 years conversion successfully done.

Necro your old post sir, gonna seek for your opinion as this's the best answer after I run through this thread.

when can I renew a leasehold property (3 storey shoplot) at the relevant authority? And when should I do so?

Tqvm, and good night.

You quite free to dig out 3 yrs post... anyway freehold or leasehold is not an issue for our generation..by the time we have smell from the joss.... that story left it to our grandson or great grandson... of course leasehold have to see which type of properties we bought..if location not nice sure cant find buyer...

Hi everyone! Im a newbie to investment n hope to get some advice frnm u guys.

Im a Malaccan who wishes to own my very first property for solely investment purpose.

Im vry interested in a luxury serviced apartment in the heart of the town. Good location with good amenities and surrounding area is booming. Price is RM350k for a 689sqf 1BD (RM509/sqf). Love the overall concept. Im planning to get rental income. However, Im in a dilemma as the property only left with 87 yrs by the time I get the key in 2018.

My questions:

1. Will it be a wise investment? Should I go ahead purchasing it or look out for other property?

2. Is it normal for developers to develop the land after 10yrs?

Would appreciate if you could shed some lights. Looking forward to your kind reply. Thanks.

Hi everyone! Im a newbie to investment n hope to get some advice frnm u guys.

Im a Malaccan who wishes to own my very first property for solely investment purpose.

Im vry interested in a luxury serviced apartment in the heart of the town. Good location with good amenities and surrounding area is booming. Price is RM350k for a 689sqf 1BD (RM509/sqf). Love the overall concept. Im planning to get rental income. However, Im in a dilemma as the property only left with 87 yrs by the time I get the key in 2018.

My questions:

1. Will it be a wise investment? Should I go ahead purchasing it or look out for other property?

2. Is it normal for developers to develop the land after 10yrs?

Would appreciate if you could shed some lights. Looking forward to your kind reply. Thanks.

Leasehold first hand is ok if location is great. subsale I will not touch at all.

Hi everyone! Im a newbie to investment n hope to get some advice frnm u guys.

Im a Malaccan who wishes to own my very first property for solely investment purpose.

Im vry interested in a luxury serviced apartment in the heart of the town. Good location with good amenities and surrounding area is booming. Price is RM350k for a 689sqf 1BD (RM509/sqf). Love the overall concept. Im planning to get rental income. However, Im in a dilemma as the property only left with 87 yrs by the time I get the key in 2018.

My questions:

1. Will it be a wise investment? Should I go ahead purchasing it or look out for other property?

2. Is it normal for developers to develop the land after 10yrs?

Would appreciate if you could shed some lights. Looking forward to your kind reply. Thanks.

Hi everyone! Im a newbie to investment n hope to get some advice frnm u guys.

Im a Malaccan who wishes to own my very first property for solely investment purpose.

Im vry interested in a luxury serviced apartment in the heart of the town. Good location with good amenities and surrounding area is booming. Price is RM350k for a 689sqf 1BD (RM509/sqf). Love the overall concept. Im planning to get rental income. However, Im in a dilemma as the property only left with 87 yrs by the time I get the key in 2018.

My questions:

1. Will it be a wise investment? Should I go ahead purchasing it or look out for other property?

2. Is it normal for developers to develop the land after 10yrs?

Would appreciate if you could shed some lights. Looking forward to your kind reply. Thanks.

Sarawak has no freehold land lo.