Leasehold vs. Freehold - crossing point?
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 Jul 29 2016, 10:32 AM
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#1
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4,525 posts Joined: Feb 2006  
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QUOTE(BEANCOUNTER @ Jul 29 2016, 10:13 AM) I would never ever buy lishold landed for own stay..... 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. |
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Jul 29 2016, 10:49 AM
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#2
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Senior Member
4,525 posts Joined: Feb 2006
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QUOTE(BEANCOUNTER @ Jul 29 2016, 10:35 AM) If u have few millions dumping on lh land...its yr choice loh Guess you don't know how well some LH condos appreciated. I dun have few millions...therefore cant afford to make the mistake. Joke is on you. 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. |
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Jul 29 2016, 10:54 AM
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#3
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Senior Member
4,525 posts Joined: Feb 2006
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QUOTE(BEANCOUNTER @ Jul 29 2016, 10:51 AM) I dun have millions so do you lah junior auditor... Yeah wey... I also don't own anything. Sorry ya.. Junior come here tok kok sing song and meet old losers like you onlyAnd I'm not an auditor. |
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Jul 29 2016, 11:08 AM
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#4
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QUOTE(wkkor @ Jul 29 2016, 11:07 AM) 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. EXACTLY.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. And in terms of value. If you happen to find a gem on a LH land, you should not skip it for a stubborn mentality of sticking only to FH. Condos sitting on Kayu Ara and KD have already showed it success over the years being sitting on a LH land. Anything above 30 to 40 years(diff banks have diff criteria) for a LH tenor can get up to 90% loan. This post has been edited by mthc: Jul 29 2016, 11:12 AM |
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Jul 29 2016, 07:01 PM
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#5
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4,525 posts Joined: Feb 2006
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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. 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 |
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Jul 29 2016, 07:26 PM
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#6
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QUOTE(Cabinda @ Jul 29 2016, 07:11 PM) In LH term how low is consider low? And what is the minimum low to easily discard? 35/40yrs of least balance? Are there any property which having 35/40 lease and are selling like half of their purchase price? If you see 35 to 40 years remaining lease for residential theb you go buy lor. A smart investor will usually dispose theirs around 80 to 85 years lease remaining. |
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Jul 29 2016, 10:42 PM
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#7
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QUOTE(CK15 @ Jul 29 2016, 08:24 PM) Nothing wrong to buy property with remaining 35-40 yrs leased. Some gems out there. Only smart investor knows how to spot it and grap it. Wah sifu |
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