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 Freehold VS 99 yrs Leasehold

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Syie9^_^
post Jan 23 2020, 01:16 PM

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QUOTE(accitzone @ Jan 23 2020, 02:36 PM)
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
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MEPs?
Syie9^_^
post Jan 23 2020, 01:34 PM

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House =/= Land.

House you die die 100 years old; also no use; become temple.

it is the land that value...

You have house on sea; 100 years also no one want to fight you except land reclaim.

MAX houses built in malaysia current Y2020 lifespan = 20 years.

the built quality so much songlap; even you freehold you also worry.
Syie9^_^
post Jan 23 2020, 03:14 PM

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QUOTE(L.Torreira @ Jan 23 2020, 04:42 PM)
20 years a joke la. At least 50 years for double storey. For single storey even can last 80 years. For apartment/condo 40 years already good
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You dont believe? check how many "project built this days" with assurance that less than a year got hair less crack after VP. and project the 20 years you have it.


thus i concluded that the lifespan is short as cost rises.
Syie9^_^
post Jan 23 2020, 04:48 PM

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QUOTE(accitzone @ Jan 23 2020, 05:54 PM)
Mechanical,  Electrical and Plumbing
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Yea;that; most also have lifespan 15 years max. or 10.
shocking.gif
Syie9^_^
post Jan 23 2020, 06:15 PM

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QUOTE(L.Torreira @ Jan 23 2020, 07:23 PM)
But 20 years is such short time. I even felt I owned house yesterday but It has already been 5 years.
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Time own the house = /= value

Time own the house = Loss in servicing the asset (liability)

When you own a house and live in it and still paying mortgage + bills + tax; it is liability.

It is an ASSET when it is generating $$$$ for you. - all liability on the asset.


yes it is short; doesnt matter how long you have it; the most important how much you get when you sell it.

Learn from Japan property market. They have very short lifespan on the value
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