Leasehold or freehold is all about bank financing. Nothing else. Obviously, with freehold, the bank will offer higher financial subject to docs.
With leasehold, banks usually offer lower financing and people tend to offer lower too.
Example is Kota Damansara. The whole place is leasehold and as a result, even a Semi-D cannot fetch more than RM 2M. Bungalows less than RM 3M. On property sites, they usually ask for higher price but during actual sale, it will be much lower.
Freehold VS 99 yrs Leasehold
Jan 23 2020, 04:38 PM
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