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?

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?

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

If renting, yes now might be cheaper but owner definitely will revise the price each year? So how to justify total cos would be cheaper?