Hi, may I know why do you say Leasehold Landed better than Freehold Strata? When you say strata, does this apply to gated & guarded landed strata too? thanks.

JOHOR BARU (July 23, 2013): The Johor government has no intention of extending the duration of the land lease to industries at the Larkin industrial area which is scheduled to expire in another 15 years.

Menteri Besar Datuk Seri Mohamed Khaled Nordin said this was to enable the state government to use the land to build housing projects for the people.

In fact, the state government had identified the agency which would be entrusted to carry out the project, he said at the breaking of fast at the Abidin Mosque, Taman Sri Skudai here, yesterday.

He said with the lease tenure to expire in another 15 years, it would give ample time for the industries to look for new locations to carry out their operations.

At the function, Mohamed Khaled presented Hari Raya contributions to 144 residents of Taman Sri Skudai, comprising the poor, senior citizens and orphans. – Bernama
(Taken from The Sun Daily)

for me...to buy leasehold is same as renting.....coz i dun feel like it belongs to me at all.
better rent and i can rent a new house every few years
so i ll only buy freehold.

People who said LH dont matter are either agents or owners vested in such properties.


FH means you own it. LH means you are renting it on long term basis. Doesn't take a genius to figure out which is better.

Since there is choice, I would definitely go for freehold..

TRUST ME! EVERYBODY does concern especially when it come to own stay!

Condo A = Freehold
Condo B = Leasehold

Condo A and Condo B is a newly build condo situated right beside. And u going to choose between these 2 whether for own stay or investment, Mark my WORD, u CARE!!! of coz is before you factor in the price, layout, maintenance, blah blah blah...

Because,
-you concern your family, wanted them to at least have a place to stay
-you can collect rental for One thousand year or even more!

Honestly...Real Estate in Malaysia.. Location and Accessibility is the main primary factor.. And of course price... In order to choose a place for own stay...

Leasehold or Freehold is just minor minor factor... The cons is that... You only pay extra premium upon lease renewal...

It can also be observed in the market that leasehold properties and freehold properties have an almost compatible prices nowadays..

And besides there will definitely be building depreciation rate and obsolescence..

Nobody will stay at a property more than 10 years nowadays...

Just my 6 cents

Are you serious? Are you very young?

This is leasedhold on industries area. This is not for residential purpose. Make sense if the government wants to take it back AND build residential.

You guys are not factoring in this. I believe leasehold for residential, there is no way gov can just take your property like that.

I guess maybe older generation still does.. ....

The point you made is on this Leasehold topic.
Seriously, have you never seen property more than 20 years (not to say 50 years)?

Of course... You think i'm 16..?

I'll be glad.. If i could turn back the time.. Hewheh! No nid to worry about properties and investment.. Just stay for free..

It simply means that.. Property will change ownership.. Transaction.. People tend to buy and stay and sell, and then upgrade again... And the cycle goes over and over again.. UPGRADe..

................................................

'People who said LH dont matter are either agents or owners vested in such properties. "
Is this equivalent to, people who said FH are definitely matter or important when buying decision comes in, are either agents or owners who vested in such properties?

Few years back, I always try my self not to buy any LH prop. That time, FH prop still low and affordable, I avoid all the LH possible, same goes to most buyers. But there is no definite answer. LH got it's own advantage of low pricing and potential to get higher % margin in appreciation.

I bought a IM (FH) for RM 350k back in 2007 and also unexpected, SSM (LH) for RM 230+k during 2009 ...
IM was a medium end condo while SSM only a normal medium cost apartment with so-so quality.
Due to LH, I never expect SS can appreciate more than RM 400k due to too many students, not so good environment for own stay and opposite, Sunway Ridzuan took years to appreciate RM 10-100k and quite rundown.

I end up sold both units, IM for RM 500k and SSM RM 420k in 2011.

IM, appreciated at about RM 150k in 4 years + time ( ave RM 37.5k per year ) while my LH's SS appreciated RM 180k in 3 years time ( ave RM 60k )

Now, I very much like LH if the project concept, location and price is fair and good.


"FH means you own it. LH means you are renting it on long term basis."

What?

Ya mistake, I refer it to highrise strata.
You may not agree

Agree with you.

Both your condos Impian Meridian and Sunway Suriamas are very good investment properties... Should keep it.. Heheheh

Sunway Ridzuan bad management..I think they got probe a few times already..
I dont even know until now, ada strata title or not..

Yes.. Nowadays leasehold and freehold.. Both also almost equally da same...Most important thingy like i said is location and accessibility and affordability in real estate selection.. It's intertwined..

Both freehold and leasehold as per defined in NLC 1965. Only differs in land lease in terms of perpetuity and a land lease to a number of years.. and premium payable upon lease expiry.

In some instances... Leasehold can be converted to Freehold.. Depending on state authority. I have seen conversion of condos land tenure in PJ.. Hahahah,..... Can see it once in a blue moon..

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.