Lol..this incinerator thing is never ending. Let go la

Still be there even let it go

this one leasehold, go for Eco Sky better, they are freehold...

& u havent mention the eco sky price yet
which is RM150-200k more expensive than lakeville

Higher price and closer to the proposed incinerator , eyes sores with illegal carparks..😅

Freehold or lease hold, both will be old, undesirable and unpopular after some years. How many people will buy or stay in 50+ years old high rise?

https://www.thestar.com.my/metro/metro-news...-plant-project/

close or not close that is not much difference, if incinerator got problem at least 2 KM will get CANCER

Incinerator causes cancer?

True
For argument sake...at least fh the land is still value for money.

Lh....the land becomes reducing or zero value upon expiring...to the owners.

In terms of land value, leasehold land do not depreciate, unless the land is isolated or an individual LANDED bungalow lot which is dependent on the market demand.

It's just a matter of plot ratio and usable of the land that will give the market valuation. We all know that in DBKL, leasehold tends to get high plot ratio and nowadays JPPEH will value their own Govt Leasehold Land at above market value so that there will be more profits for Govt.

Any properties built on leasehold or freehold land will be subjected to market demand and supply to gauge the pricing of property. LANDED property built on leasehold land tends to get lower value due to the conversion premium is of a high percentage of the value of the land itself.

Fh better thn lh, of course go for fh... ecoworld is branding sure expansive...

fh for the sure higher price than lh, why go for a project that still left 85 years lease project if can go for freehold

long term wise fh still the best due to value, rather thn a zero value lease.. for sure will old but still valuable...buying an asset not reducing value.

In the long term e.g in 90 years time, high rise is probably will only worth the land it sit on. As it is not easy to secure majority of owners consent to sell or redevelop, the value is as good as zero.

I guess everyone knows that and everyone will have to come back down to the reality of ..... having to pay extra 150k and possibly on smaller unit just because of FreeHold status ...
Everyone got their own selection in this case, 150k is not a small amount to many unless u think 150k is nth then I will say why not u consider buying a condo at Desa Park ? Another probably 200k topup from EcoSky and you can stay far far away from incinerator and u got a fully develop area. Go ahead looooo

This post has been edited by chelseafanz: Dec 27 2017, 11:25 AM

but in shorter tenure eg 20-30 years... the valuation will fluctuated accordingly compared to a freehold condo... if someone wanna sell a condo with only 50 years lease compare to a freehold condo nearby... the value definitely way lower and same goes to bank valuation as well...

but i do agree on your view on the longer term... if lets say the property able to pass onwards to the second generation and still owned by them....

not necessary... depends on your view of long term is how long... by the time a condo reached 40 years old... highrise structure not reliable and overall image are not that desirable anymore... u wanna sell at below cost price or even sell like a cheap flat... also not necessary someone will bother to buy it... unless government wanna take back the land for redevelopment only u able to gain significantly from the acquisition...

after the expiration of 99 years lease, and government decided not to renew the lease... from the owners point of view... the land has also become zero value to owners immediately and they dont own the land anymore? and government able to get the land back for free for any other redevelopments....

from DBKL perspective, land value always remain good and increasing as land in KL getting scarce especially those better location ones...

No. The land doesnt become zero value but lh owners dont owe the land after 99yrs.

For fh...owners do owned the land via nomination/share.
I know many ppl said i dun live to 99 yrs to worry abt this....but u dun need to live thru 99yrs to see which property gives u better value for money.

This post has been edited by BEANCOUNTER: Dec 27 2017, 02:32 PM