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 Free or Lease Hold, How important it is ?

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ahmadabhamid
post Jun 14 2010, 08:36 AM

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They were charged a premium but lower than market value. The fact remains - you have to renew your lease once it ends. That is not the case for freehold property.

This post has been edited by ahmadabhamid: Jun 14 2010, 08:37 AM
ahmadabhamid
post Jun 14 2010, 11:29 AM

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QUOTE(edyek @ Jun 14 2010, 09:47 AM)


Added on June 14, 2010, 9:49 am
The premium is valued by percentage of the property value or a specific charge to certain properties.
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NOT in the PJ case referred to as there were protests by the land owners.

 

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