Syukur my flat has 990 leasehold years
Freehold VS 99 yrs Leasehold
Freehold VS 99 yrs Leasehold
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Jan 23 2020, 06:46 PM
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Senior Member
1,789 posts Joined: Aug 2009 |
Syukur my flat has 990 leasehold years
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Jan 23 2020, 09:46 PM
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Senior Member
3,785 posts Joined: Dec 2005 From: Shah Alam |
QUOTE(wildan03 @ Jan 23 2020, 01:12 PM) Of course real reason people want buy freehold is to pass down to next generation. Depends on the majlis and architects because if it’s terrace house, your neighbours sure to reject the proposalBut 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? |
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Jan 23 2020, 09:52 PM
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Validating
56 posts Joined: May 2019 |
Leasehold will get monetary compensation or not if gov wanna build highway
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Jan 23 2020, 10:18 PM
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Probation
11 posts Joined: Nov 2019 |
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Jan 23 2020, 10:27 PM
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Junior Member
153 posts Joined: Feb 2016 |
leasehold cheaper, freehold more expensive
if gov wants your land to build highway, freehold or leasehold doesn't matter. compensation will be different though leasehold needs to renew the lease when the time comes. banks won't give loan or high margin loan if the lease of the house less than certain number of years. also, if not mistaken some leasehold properties need state consent before can sell, and that takes quite a bit of time |
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