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Freehold VS Leasehold
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SUSscarypoolparty
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 Dec 18 2019, 10:53 PM
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QUOTE(johorian @ Dec 18 2019, 09:19 PM) Hi Sifus, Currently I am looking for double storey house in Taman Equine, Seri Kembangan and Kajang 2. The price for freehold unit in Seri Kembangan (25yrs old terrace 22x75) is similar to leasehold in Taman Equine (20x70). Kajang 2 freehold SPA price is 970k with 0 downpayment. How should I consider? Buy new leasehold or old house but freehold? Definitely need to do renovation for old house, maybe 150k for new wiring, plumbing, change tiles, plaster ceiling, kitchen cabinet, etc.  Why everyone think that 25yrs house you need to replace everything incl tiles and plaster ceiling? If not money buy house 1st n the rest do later lah.. You think your neigbours all overhaul the houses every 25 yrs? |
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SUSscarypoolparty
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Dec 18 2019, 11:05 PM
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QUOTE(Zwean @ Dec 18 2019, 10:55 PM) Yeah, I have lived in a 30 year old house before. The roof need a new tile or two once in a while. But overall everything is still fine. I believe the reason why people want to replace things is because the design of the fixtures are old and dated, and want everything to be modern because renovating it after moving in is a big pain in the ass. When u dun have the cash on hand or need to borrow more cash to renovate, why want ro put yrself in such situation? Either way its pain in the ass....reno after moved in or serve interest on extra 150k. |
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SUSscarypoolparty
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Dec 20 2019, 06:54 PM
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QUOTE(johorian @ Dec 19 2019, 09:54 AM) It is a disaster to renovate after move in. All the design seems outdated with very old style window, ceiling, etc. Old is gold lah.. Many things in life need preserving. Modern and funky now also will get dated 25yrs later. How to stay afresh with current trend??? Yr facade is a stamping of particular era in the housing environment and its a link house. Yoi can refresh all but it will stand out like a dog poo amongst your neigbours, artery road is still tight with 35' wide, tiang tiang lampu still hang in front of your house and tiang telekom stll at the back with ooen sewerage system and with the security system that hardly work. |
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SUSscarypoolparty
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Dec 20 2019, 07:01 PM
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QUOTE(Matchy @ Dec 19 2019, 10:39 AM) I believe most people would love to move to a house in "new" condition... I dont see the problem if budget is not a constraint. And it will be difficult to renovate after you move it. If budget is not a constraint, he wont be writting in. Why need to share w the world how much reno will be...and at 150k? Most people would like to have a mansion with rolling hills and you can sing and dance to the tune of the sound if music. Its more difficult to reno after move in or More difficult to pay rm600 per month extra for 150k on top of your rm4000 per mont interest (not included principle) per month???? How to save and pay extra another rm600??? Cut back on your kfc supper? |
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