Nov 15 2020, 05:03 PM
QUOTE(elvistan0417 @ Nov 14 2020, 01:18 PM)
Why people only think about the leasehold 99 years does not matter because won't live such longer years. After 35 years, the house less than 75 years, people wont easily go and buy 75 years leasehold properties, bank will not so easily approve the house loan also.
Unless the purpose is for the own stay without thinking for next generation, yeah just go ahead, no need bother so much, don't think about property appreciation, or resell, the investment majority will target for rental ROI.
You buy the property of leasehold is buying the years to rent the property, not owning the land, even after pay off the loan, that's not an asset for your next generation.
Tbh, its not that difficult to renew lease la.. not every where got free hold land. Cheras for example, its super limited. Its not smthg that deter ppl from buying..Unless the purpose is for the own stay without thinking for next generation, yeah just go ahead, no need bother so much, don't think about property appreciation, or resell, the investment majority will target for rental ROI.
You buy the property of leasehold is buying the years to rent the property, not owning the land, even after pay off the loan, that's not an asset for your next generation.
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