They say if free hold, you can get ahold of that house and land forever. But with only ~1500sqft of land, is it really relevant?

if buy freehold high rise, it is even worse. In 99 years time you won't even know if that house is still livable or not.

Plus, if the leasehold area is highly developed residential area, will government simply take back the land and developed highway for example?

What are the disadvantages buying leasehold property actually for permanent stay, not flipper.

Why some of my friends/relatives is so against me buying leasehold?

Would you go for freehold instead and save around 100-200k?

99 years every body already dead. who cares

freehold just a gimmick especially for condo and apartments

1. even freehold lands the government can take back la

2. leasehold isnt so much about the government taking them back or anything, but about Bumi land ownership

Thank you wont say anymore

Well, typical building, lifespan is about 50 years.

Beyond that u need to invest on new MEPs. And typical Malaysian lifespan is about 70s. Consider one buyer house at age of 30, only 40 years to fully use the house, then go to your heir d... imho. Lease type is irrelevant

just go for freehold, its lesser headache in the long run when you/your descendants want to renew the lease... it holds value better than leasehold...

You'll be long dead anyway, unless you want to pass it down to next generation

Of course real reason people want buy freehold is to pass down to next generation.

But question is, if it is terrace house, intermediate lot, housing area - if that next generation want to tear down everything and build 4 storey house, can they do that?

Leasehold might last for at least for 2 generation. Let you descendent care about the generation after that.

If for own stay then Not much of a difference. You wont even be around when its time to renew the lease

Lease hold also u can pass it down to next generation.

There is so many things that can happen la

No point trying to plan 50-80 years in advance

Really? I thought it is a matter of how government jom certain very high potential land for re-development later.

MEPs?

Affect selling value after 40 yrs.

Bank value lower becuz lease remaining low

Nope. if gomen wants your land or your land got problem causing structural defect..... okthxbye

i thought it is more about, if you wanna sell it after 40 years. That time if freehold land maybe can get quadraple the price and can give the money to 4 of your kids.

Compared if u buy leasehold, after 40 years you wanna sell also hard.

Good point

U think pipu buy house stay 1 generation ka

Lease or free hold govt can take back when there is need but as far as I know the value is evaluated differently.

My pros are all freehold, but my life is leasehold from Flying Spaghetti Monster.