What happens at the end of the lease ?
Can apply renewal ? How much do they usually charge (as a percentage of market value) ?

You will be too dead to worry about it.

renewal depends on local authority
must have good reason for them to grant renewal

i dont have much info as this was told by my friend
cant care much since i wont live to see that day

None of your concern... You'll be long gone and not many people remember will who you're...

And as for your offspring's offspring... It' not your responsibility to think of their well being.

This post has been edited by haturaya: Apr 17 2018, 12:25 PM

Can.
Rate depends on local government.

You will be dead. But basically you just trolled your children with a property that has an expiry date.

Depends on state gov. If they have no plans to redevelope the area, they will agree to extend the lease. Rate depends on them

very minimal, there is articles on this on the internet. lease period * market price * a percentage, small

thats why buy freehold better ...leasehold if they dun wan renew ur grandson will sleep under the bridge for the overpriced prop u bought decades before them ..

smart ppl get 200k freehold in penang. dumfuk pay 1 mil 99 year leasehold in kl

This post has been edited by GHBZDK: Apr 17 2018, 12:37 PM

freehold also 999years only right?

Actually, why need to worry? As long the property is cheaper ok la. Renewal let your future descendants worry about it.

leasehold landed is always better than freehold apartment
what make you sure that your grandson will still living in those old property anyway?

boleh renew lah.

my grandfather tanah sekangkang kera renew also need rm30k

where? keramat?
if can extend another 50years, 30k is a steal

somewhere between pantai dalam and old klang road

if war happen no matter leasehold freehold whatever
all expired lol

very good area, if me I will take.
very good la that PBT allow lease extension on very demanded area.

Bank will have different rule to loan for near expired lease