QUOTE(b00n @ Jul 29 2016, 06:49 PM)
An article wrote back in 2002 which still make sense subject to one willing to open up their mind.
http://www.hba.org.my/news/2002/1102/leasehold_fallacy.htm
To me personally FH vs LH is not really in my mind if I want to shop for a property. As we always say - location, location, location. But no one will entirely forgo the consideration of how many years left in the lease. No one of sane mind will not consider that.
If one gets to know the lease is only left with 10-20 years, or even 30-40 years; the next question to ask is, is the community already banding up to go for renewal of the lease.
Because most of the time we are only discussing about new project where most likely the lease is still fairly new - maybe 10 years into the entire tenure perhaps; so don't really care about whether it is lease of free.
To answer TS queries; if you want, you can go and try find out why for the different B/U - prices are similar. Who are the developers? Any difference in amenities etc...
I attended the national land code classes as it's mandatory for my work purposes and it opened up my thoughts to FH vs LH. I was a FH supporter until that 2 months class opened up my view to LH too. But then again many here think they are all that. An investor doesn't care if it's FH or LH as long as that prop makes money. 99 years lease and the fella thinks he can live so long to bring his prop to grave with him. Seriously big time joker.http://www.hba.org.my/news/2002/1102/leasehold_fallacy.htm
To me personally FH vs LH is not really in my mind if I want to shop for a property. As we always say - location, location, location. But no one will entirely forgo the consideration of how many years left in the lease. No one of sane mind will not consider that.
If one gets to know the lease is only left with 10-20 years, or even 30-40 years; the next question to ask is, is the community already banding up to go for renewal of the lease.
Because most of the time we are only discussing about new project where most likely the lease is still fairly new - maybe 10 years into the entire tenure perhaps; so don't really care about whether it is lease of free.
To answer TS queries; if you want, you can go and try find out why for the different B/U - prices are similar. Who are the developers? Any difference in amenities etc...
This post has been edited by mthc: Jul 29 2016, 07:02 PM
Jul 29 2016, 07:01 PM

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