Hi all

I have been offered an option for two properties:

1) Freehold, 4 bedroom, 1800sqft
2) Leasehold (99 years remaining), 4 bedroom, 2300sqft

Both are the same price, both in the same location (around 2min drive between them), similar facilities but option 2 is 1 year older (both are new and completed this year and last year)

At what point, in your guys opinion, is the crossing point where it makes leasehold more worth it?

I have always been against leasehold and opt for freehold, because of the sale price in future and also because the demand will be a lot lower when I come to sell.

This is for own stay, not for investment and I expect to stay there around 5-10 years

My question is that the RM/sqft for the Leasehold is a lot lower and the space is a lot bigger for the same price, but the downside is it is leasehold. Does the cheaper RM/sqft and bigger space make it worthwhile to go for leasehold with all the problems it has?

You will have problem to get prospect buyer for leased expire less than 40 yrs. Bank may not give loan. Cash buyer will think twice b4 place the booking.

after 10-20 years you want to sell, the leasehold will be 89-79 years remaining while the freehold still the same.. if you are buyer at that time, which u are prefer?

Same price, same location. Freehold anytime.

If this is a newly built condo...rest assure that the lease wont be 99 yrs...it will be 99 yrs minus the building time.

Lishold property in general is 20% cheaper than fh...u can tell by the lower psf.

In a place where there are fh and lh...lh will loose out...

But for condo projects...fh or lh makes little impact bcos after 70/80 yrs the condo will be condamned anywhere...but if u intend to sell with lease period of 80odds years...its still doable and make sure the location is 'wong enuf'.

TS already said BU of respective properties not same leh..... If same sure no more dilemma lor....

Bean speaks truth.

In case of you're unemployed or unable to continue paying housing installment, when you intend to sell the house, leasehold unit will be more difficult to sell and expected lower price than freehold - meaning less profit.

all can believe bean's facts, he is freehold/lishold expert.

I would never ever buy lishold landed for own stay.....

in Selangor if leasehold, event it is non bumi status, after bumi purchase it.. it will automatically become bumi status after that.. leasehold not good to bumi investors in Selangor..

Well that's you lol.

But many many tan sri spent millions on a garbage LH land in Tropicana. Oh well.. setia alam? Fkin joke.

If u have few millions dumping on lh land...its yr choice loh

I dun have few millions...therefore cant afford to make the mistake.

Joke is on you.

Guess you don't know how well some LH condos appreciated.

Appreciated way better than any setia alam landed which is sought to be Freehold. Lol.

This will be a never ending debate between LH vs FH. But if you happen to find a gem on a LH land pls dispose to me okay? Don't let is miss the boat and that's probably some of the reasons why you don't have your millions.

I dun have millions so do you lah junior auditor...

Hi TS for own stay is obvious choice go for freehold. And freehold land is getting scare in most of part great klang Valley. N some free hold demand a higher price over Lh. Sacrifice on the extra 500 sqft . Is better to plan a head, if some unforseen circumstance

This post has been edited by JXplod: Jul 29 2016, 10:52 AM

Jxplod....dun simple say fh is better leh nanti mtch taruk u kau kau bcos he got two lishold condos leh...and he is millionaire...

Yeah wey... I also don't own anything. Sorry ya.. Junior come here tok kok sing song and meet old losers like you only

And I'm not an auditor.

Chill, Guys. Let's put things back into perspective. This is not a LH vs FH discussion to begin with. TS already said both properties at the same location & same price. The key difference is 1 bigger BU (LH) vs 1 smaller BU (FH).

Two key questions are:
1) At what point, in your guys opinion, is the crossing point where it makes leasehold more worth it?
2) Does the cheaper RM/sqft and bigger space make it worthwhile to go for leasehold with all the problems it has?

TS, the properties that u mentioned r landed or high rise?

hm.... i also have doubt between FH vs LH. Let say government want to acquire the land, FH also can't stop it. If the government has no plan on the land, government will let us to renew.

In term of value, of course FH always better than LH... Meanwhile, you need to consider difficulty to find affordability of potential buyer between FH & LH.

Since you just plan to stay for 5~10 years which means left LH 89~94 years, buyer still able to get loan in this condition.