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Leasehold to freehold
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Kevin Chan
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 May 7 2014, 02:30 PM
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QUOTE(j3bat_pembela @ May 7 2014, 02:25 PM) thank you for your kindly reply...actually i'm planning to buy a house with leasehold status...the location is perfect and the price is good. but it only got 50 years left....after read all the reply i'm not sure whether it's a wise decision to buy this kind of house... you ask bank loan first. leasehold period too shot they usually don't want to loan. 50 years is short in bank term because after 30years you pay they only have 20 years left ... so check with bank first.  |
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cfa28
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May 7 2014, 02:33 PM
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QUOTE(j3bat_pembela @ May 7 2014, 02:25 PM) thank you for your kindly reply...actually i'm planning to buy a house with leasehold status...the location is perfect and the price is good. but it only got 50 years left....after read all the reply i'm not sure whether it's a wise decision to buy this kind of house... Make sure the price has been reflected. Price of 50-year lease should be lower than price of house with say 70-year lease remaining. Where is your location. |
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TSj3bat_pembela
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May 7 2014, 02:35 PM
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New Member
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QUOTE(cfa28 @ May 7 2014, 02:33 PM) Make sure the price has been reflected. Price of 50-year lease should be lower than price of house with say 70-year lease remaining. Where is your location. shah alam |
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mroys@lyn
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May 7 2014, 03:29 PM
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QUOTE(kochin @ May 7 2014, 02:27 PM) if in pj, go ahead. renewal is just a token sum. if in penang, also go ahead, option to renew is quite transparent, fast and easy. others, please do own due diligence. Boss Kochin, not only which state is important. timing is also important. my relative's leasehold land in pahang done just before GE13 so does some parcels of leasehold lands in perak state. my 2cents... |
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SUSUFO-ET
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May 7 2014, 09:56 PM
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QUOTE(jolokia @ May 7 2014, 01:06 PM) I think need Mama Ros approval first. ..wakakaka People really open thread to ask silly question. b00n & Cherroy please do your work. Silly? You dunno better keep quiet  |
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SUSDvDex
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May 7 2014, 10:44 PM
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Getting Started
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next time check leasehold or freehold. now get a tissue paper and cry for effing up
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kochin
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May 8 2014, 09:00 AM
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QUOTE(HeartRock_Cafe @ May 7 2014, 11:15 PM) Fees is equivalent of your house market value, take some time to covert. not house market value. land value. you cannot convert your property to leasehold or freehold. only the land is converted. |
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ACE GS
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May 8 2014, 10:12 AM
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New Member
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QUOTE(j3bat_pembela @ May 7 2014, 12:33 PM) dear forumers, can a leasehold property convert to freehold? if the answer is yes, what are the procedure and the fees? thank you.. I would like to know if you find out how. Please update us. Thx  |
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SUSUFO-ET
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May 8 2014, 12:12 PM
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QUOTE(nebousuke @ May 7 2014, 01:24 PM) Well, Shang Villa in Kelana Jaya managed to convert to freehold for some odd reason. http://www.propwall.my/kelana_jaya/shang_villaFrankly I transacted quite a number if Shang Villa condos, I was told by the JMB tat the reason for them to appeal Shang Villa for conversion is becoz Shang Villa is surrounded by freehold lands, and not likely gomen has any mega public project which may acquire Shang Villa's land in the future.  This post has been edited by UFO-ET: May 8 2014, 12:12 PM |
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MJ29
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May 13 2014, 09:54 PM
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Getting Started
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QUOTE(HeartRock_Cafe @ May 8 2014, 11:26 PM) serious and you lose  was trolling chief  Sifu's, Is it worth buying a leasehold property with remaining lease of 78 years from developer....and location wise somewhere near shah alam 2...and if we may have plans to sell it later..... |
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Chowda
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Jul 31 2018, 04:29 PM
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Getting Started
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I am reviving this thread now following the news in Negeri Sembilan where Leasehold properties can be converted to freehold now, albeit only one under each owner.
Anyone has any information on the procedure?
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SUSempatTan
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Jul 31 2018, 04:46 PM
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Why can't residents/loyal tax-paying citizens who had been living on LH land for generations hv their land converted to FH? Thr is NONE WHATSOEVER legal justification for it not to be done!
PH must take up this issue.
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michaelchang
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Jul 31 2018, 04:53 PM
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Leasehold can convert to freehold?? You are serious?? at what price? it's almost like you sign tenancy agreement to rent a home and later can convert as owner?
Maybe possible if u pay full price of land?
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tachlio
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Jul 31 2018, 05:07 PM
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My appartment was convert from lease to free hold...
I not sure how they do it
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SUSempatTan
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Jul 31 2018, 05:13 PM
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QUOTE(tachlio @ Jul 31 2018, 05:07 PM) My appartment was convert from lease to free hold... I not sure how they do it Maresia sumua boleh boleh! |
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Titantt
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Jul 31 2018, 05:38 PM
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Getting Started
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QUOTE(tachlio @ Jul 31 2018, 05:07 PM) My appartment was convert from lease to free hold... I not sure how they do it This is like hitting a jackpot. Good value increment for your apartment |
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tachlio
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Aug 1 2018, 08:14 PM
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QUOTE(Titantt @ Jul 31 2018, 05:38 PM) This is like hitting a jackpot. Good value increment for your apartment yes, price double after convert. Actually its was plan for own stay, so the gain is only on paper |
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