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 Free or Lease Hold, How important it is ?

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hackwire
post Apr 17 2007, 10:17 PM

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QUOTE(kitman @ Apr 16 2007, 02:55 PM)
you may claim it's a myth but come to resale value - freehold is always better than leasehold.
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nope! it depends on the area u purchased and which class of citizens in the area also. There are Freehold properties that is located in Bukit Beruntung and still sell at lower price.

It doesnt really matter at all.

Most likely a commitee of the condo will renew their leasehold property 10 years before it expires . Only thing im not sure is " How much"?

Freehold property is safe? If the building is not safe or landslide do happen occasionally, the property will be shut down and residence will be ask to move out also. In malaysia, anything can happen one lah!
I have seen gomen took bribes and convert the public road into housing, now the land was abandoned because contractors found out of the corruption case and the land become a waste area now.




hackwire
post Jun 15 2007, 06:35 PM

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QUOTE(belement @ Jun 14 2007, 11:02 PM)
If you are buying a house to stay, then you should consider location rather than whether it is freehold or lease hold. 99 years is simply a long time and good for two generation.
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i also agree. if you are about 30 years old now and you plan to stay in that location till you old.
You buy a 99 years lease hold.

Let say you live up to 90 years old. you already live for 60 years in the lease. by that time, you still have 30 over years and i dont think you will be in trouble because you probably hand it over to somebody in the Will . so y bother about it when somebody younger is inheriting it .

as for investment, hit and run sort of thing, go for freehold or leasehold also the same what.

the problem here is people are not decisive whether its for investment or stay , they want both and the issue of leasehold vs freehold can never end.



This post has been edited by hackwire: Jun 15 2007, 06:38 PM
hackwire
post Jan 23 2010, 10:30 PM

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aiyah, still debating this issue since i first posted in 2007.

condo and landed is different discussion on FH and LH. as for me , condo or house is my home and playground. i would rather use my thoughts on other investment or trade. FH properties does not make you rich either. even if i own LH property , i already prepare to own other new LH properties or FH properties. I don't just stop owning one property , u know what i mean.... so y worry and finding the answer you cant control. y dont u stir your own destiny......to sell or not to sell when time comes.... period..

what disgusted me is that some of you are measuring the weight of the money by the scale of FH and LH... ahaha..

This post has been edited by hackwire: Jan 23 2010, 10:31 PM

 

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