You need to separate the building issue with your land issue

Sixceylon Condominium was formerly known as Bolton Court and was developed in the late 1970s. This building is already close to 50 years.
Building lifespan totally depend on the construction material/engineering.
What kill a building much faster is the maintenance and tenant mix. Structure itself will stand very long.


MainPlace USJ was abandon for a good 20years before it was finally revive and completed.


As for your land, the only difference between freehold and leasehold is that leasehold land need to be renew, which means someone will have to fork out extra money to renew the lease.
Very rare (in Malaysia history, YET to have happen) it will not be renew.

Your largest issue with leasehold land is that bank will not lend to leasehold with less than 60 years lease since a typical loan is 30 years, you finish paying the loan then the land would only have 30 years left. Bank is not going to fork out money to renew it ... who is going to do it ? Your potential buyer wont fork out the money either.

More disturbingly, everyone in the building need to fork out money, you cannot go to the land office and tell them to only renew your share of the lease.

Your biggest enemy is BANK and not the land office, if you do not plan to sell the Condo, it make no difference, you be long dead by the time 99 years arrive.
If you plan to sell, your buyer loan will be rejected like stupid for anything that don't show 70 years and above.