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 leasehold or freehold property?

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TSunknown warrior
post Aug 27 2007, 05:29 PM, updated 19y ago

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The only thing thats too obvious is that leasehold property are way much cheaper and freehold property are expensive.

Anyone knows whats the pro and con of those 2 types?
donki85
post Aug 27 2007, 05:32 PM

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Freehold =u own the land. Leasehold = you do not own the land
CHIP CN
post Aug 27 2007, 06:03 PM

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yeah... rite.... freehold u also buy that tanah.... lease normally 99yrs..... after that renew or roboh ur house..
suiteng
post Aug 27 2007, 08:10 PM

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There's an existing topic.

http://forum.lowyat.net/topic/439484
ashburn98
post Aug 27 2007, 09:32 PM

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QUOTE(donki85 @ Aug 27 2007, 05:32 PM)
Freehold =u own the land. Leasehold = you do not own the land
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Myth.

You don't own the land per se. The Government does. If gov wants back a piece of land (free/leasehold), they only need to recompensate you.

What you have is you have the right to hold/use the land. In another words, freehold = free-to-hold, leasehold = lease-to-hold (for 99years, ex).


philyong
post Aug 27 2007, 11:08 PM

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Well, u'll own the land either way. to me free or lease is still the same unless u r planning to live there for a 100 years.
kenji1903
post Aug 27 2007, 11:39 PM

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go freehold for landed, my dad's friend have leasehold land and renewing the lease can be a pain in the butt...

doesn't matter leasehold/freehold if high rise because a building won't stand 50 years anyway... no need to mention if its able to reach 99 years...
spana
post Aug 28 2007, 12:08 PM

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i have both freehold and leasehold... anyway, the general rule is freehold is definitely better lah....
jcvstlys
post Aug 28 2007, 12:36 PM

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freehold tend to be better because it will appreciate more..
burberrygal
post Sep 12 2007, 03:42 PM

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freehold sure would be better....... but anyhow, govt need to something on ur land, apa hold pun same.....
philyong
post Sep 12 2007, 09:27 PM

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Yeap agreed. If the government needs ur land whether its free or leasehold also no point. But of course freehold has its plus points.
kevyeoh
post Sep 13 2007, 11:26 AM

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it's a no brainer for me...if can afford free hold...i will go for freehold....
b00n
post Sep 13 2007, 01:24 PM

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Pls view the existing thread like suiteng suggested, more information had been posted.
Some links to read through also.
QUOTE(suiteng @ Aug 27 2007, 08:10 PM)
There's an existing topic.

http://forum.lowyat.net/topic/439484
*
rumahwip
post Feb 1 2023, 06:13 PM

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see pocket
mroys@lyn
post Feb 2 2023, 09:24 AM

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if the state authority acquire your land when it is needed for any public purpose, then FH or LH is also subjected to the compulsory land acquisition. else if needed for other purposes than that (such as re-development), they can stop renewing the LH leasing but they can't acquire FH land through compulsory land acquisition.
ry8128
post Feb 2 2023, 09:58 PM

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Freehold will always be better than leasehold. The only advantage of leasehold is it is cheaper, thats it.

For those that say leasehole is better, ask them: if freehold and leasehold is selling at the same price and same location, which they will choose?

And lastly, which is the most important for me, it will be hassle free when you want to sell of your freehold unit, compared to leasehold where you need to wait hell of a long time.
BboyDora
post Feb 2 2023, 11:56 PM

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year 2007 thread leh...
just now got year 2010 thread..

all discussing old thread?

 

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