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Free or Lease Hold, How important it is ?
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max_cavalera
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Jul 12 2007, 02:15 AM
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Leqasehold value will drop in the future unlike freehold. So if your investing properties for the sake of return generally your way better off with freehold unit. But leasehold also can be an exception if the rental rate provides strong return.
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max_cavalera
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Nov 23 2007, 01:27 AM
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QUOTE(smwah @ Apr 9 2007, 08:28 PM) I am looking for house for own stay. It is wise for free hold instead of lease? How much different if I opt for lease hold. Sometimes the location is good but is lease hold and free hold type in good location is way expensive. it depends on situation. Either you buying it as a living in purpose or investment purpose? leasehold value usually hard to go up and may drop in value in coming years, but some of the best high rental properties is leasehold status, so you may analyze if its a good deal or not. You better go for freehold. Im in love with Sunway Palmville resort condo and its goin on price around 350k, but its a leasehold property, and that turns me off hugely.
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