Oic, anyway, all the question will come to is this leasehold property that you cannot use for long term staying like max 10 years but rather throw once gain price which is the fastest as possible.

The only thing attracted me is the location and price as anything within this neighborhood and freehold will be over affordability to me. Tropicana Gardens is the worst, leasehold and the price is way too killing for a million over for 900 sqft.

For landed, you need to go far up till Rawang, where 650K - 700K above to get one double storey freehold landed.

Sounds to me which is working around BU, the question is like do I want to enjoy for now buying property nearer to me even leasehold due to affordability, live life to fullest or I want to suffer all this long travelling till Sg Buloh, Rawang to get a freehold landed for the sake of a stable investment and good return in the future.

This post has been edited by stevenkkh: Apr 19 2018, 10:58 AM

This is not only about leaving to the next generation but on the money you invested especially on your retirement period and more more question to think when it is about money return as so far most of us said maybe after 20-30 years, the condo is not valuable anymore or even the time the value will be depreciating. By the way, I know what is leasehold definition and everyone here know what happen when you fail to renew. Maybe we should just leave out all this discussion on the condo is not liveable in 50-90 years time, near impossible to renew and not sample cases as this is all just no answer to this question yet. By the way, sorry for bombarded this property forum with this discussion as I am really concern on the returns of my investment although I like the location very much.

So far, I have only seen an example of like 30 years condo posted by one of us here which is freehold and on sale for the land only.

What do you mean by FH condo is more valuable? Valuable than RM condo? RM condo is definitely more pricier than FH and this is PJ, sorry Kepong folks, I believe PJ area seems to be more pricier than Kepong area.

This post has been edited by stevenkkh: Apr 19 2018, 11:22 AM

Ownstaying.

Over analyze? It is better to be over analyze and understand what you are buying with the issue you will be encountering in later stage than buy now and worry later. It is not about whether you can last 99 years only but more like after 15-20 years, you might plan to sell or even mortgage the unit, at that time, all this question will be throwing back to you. So far, I feel all sounded like leasehold is buy and stay forever there, it is not investment and selling is way no no after 20 years I said.

By the way, the people buying also will think the same thing. Assuming buying leasehold as renting a condo for 99 years where the condo actually can only use for 50-60 years? This is a crazy idea to me as if you think in such way when you buying a leasehold property, better rent as much more cheaper than this and why even bother to buy in the first place if you really think in such concept.

If use this renting concept for leasehold property, worst when you said most probably can use for 60 years. This means by 20 years for this unit, the property price of this unit like for now is RM600k example, in 2040, it should be lower than this.

This post has been edited by stevenkkh: Apr 19 2018, 11:39 AM

Yes, sorry, I will just stop here as I have my understanding on the leasehold issue for this property already and by the way,my question is more towards knowing the growth of this property let said for after 20 years time as all this renewal question will be on the card especially on this neighborhood which is mostly on leasehold.

This post has been edited by stevenkkh: Apr 19 2018, 11:54 AM

Sorry guy, one more time to answer this as I feel really funny when I see this response.

FYI, the loan most probably for 30 years, if let's said after 20 years, your property reduced from RM600K to RM400k, so all RM400K will be use to repay your loan and even worst is you need to topup to repaying finish the loan if the amount is not enough to cover your loan.

Sorry, this applicable for those taking loan only and if you cash loaded for cash buy, so this might no longer applicable to you as RM200k++ losses to you is nothing over 20 years which you assume as rental for that unit.

Yes, agree with you as for me, even ownstay, I won't be staying there forever and definitely not going to like this if my return is 0 or worst even to negative.

Hope this on topic, in reality, I am interested to know the price growth on this property due to that status of LH. Any healthy price growth prospect here instead of just stay here forever or for rental purpose?

So far, what I see from the discussion here, the price growth for maybe after 15 - 20 years, it is uncertainty and most of the opinion that is not in optimistic way for this property.

This post has been edited by stevenkkh: Apr 19 2018, 02:25 PM

No MRT/LRT to me within here as MRT right below at Eastin Hotel, LRT at Asia Jaya nearest, passing by Feeder Bus from Asia Jaya Station.

I foreseen alot of highrise residential here as factory are encourage to move out from this area and just imagine all the factory moving out leaving plenty of lands around. If not for the sudden slow down, more development of building can be see around here already like the SS2 Mall which is left idle aside for now.

20-30 years time, this area will be full of high rise building I believe if each factory land here use for such development. Traffic jams in and out from this property is a sure thing even for now.

Sorry guys, maybe you think I am off topic again, mentioning on all this factory land, this make think again, the existing land before this development should be leasehold also, so OSK must have bought this land and renew the leasehold to 99 years back.

More details on how Sec.13 development going to be and here we have example of a company with leasehold land that all this property big name interested to grab your land:

https://www.thestar.com.my/business/busines...ed-development/