must check how much is the different between landed freehold and leashold.
if freehold = 1 million, leasehold 99y 500-600k. i would say buy.
Leasehold landed cannot buy?, Leasehold landed
Leasehold landed cannot buy?, Leasehold landed
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Apr 4 2024, 11:32 PM
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Junior Member
508 posts Joined: Apr 2022 |
must check how much is the different between landed freehold and leashold.
if freehold = 1 million, leasehold 99y 500-600k. i would say buy. |
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Apr 4 2024, 11:57 PM
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#102
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All Stars
21,201 posts Joined: Jul 2012 |
QUOTE(Jazted @ Apr 4 2024, 11:32 PM) must check how much is the different between landed freehold and leashold. For high rise, leasehold new launch is often more expensive than freehold subsale.if freehold = 1 million, leasehold 99y 500-600k. i would say buy. Jazted liked this post
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Apr 5 2024, 12:18 AM
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Senior Member
5,304 posts Joined: Apr 2011 From: Kuala Lumpur |
QUOTE(Jazted @ Apr 4 2024, 11:32 PM) must check how much is the different between landed freehold and leashold. you are assuming the land cost more than 50% of the purchase price. if freehold = 1 million, leasehold 99y 500-600k. i would say buy. Realistically the price difference will not be too much, 10-20% tops Jazted liked this post
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Apr 5 2024, 12:37 AM
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Junior Member
508 posts Joined: Apr 2022 |
QUOTE(victorian @ Apr 5 2024, 12:18 AM) you are assuming the land cost more than 50% of the purchase price. mount kiara condo leasehold vs freehold did differ almost to 50%.Realistically the price difference will not be too much, 10-20% tops but then if the landed leasehold is just 10%-20 cheaper than definitely not worth it at all. You migh having hard time selling it with a higher price |
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Apr 5 2024, 12:38 AM
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508 posts Joined: Apr 2022 |
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Apr 5 2024, 07:43 AM
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Senior Member
2,772 posts Joined: Dec 2020 |
QUOTE(victorian @ Apr 5 2024, 12:18 AM) you are assuming the land cost more than 50% of the purchase price. The thing is developers have pretty much forced buyers to accept leasehold and high dense as the new norm. This is particularly true for high rise and it’s been a very short time frame to push all these as the new reality. They acquire the land cheaper and absorb all the cost savings as profit. You may not think it’s a big deal when buying due to perceived cost saving but certainly your ability to dispose of the property later is going to be an issue.Realistically the price difference will not be too much, 10-20% tops jojolicia liked this post
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Apr 5 2024, 12:44 PM
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#107
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Senior Member
5,304 posts Joined: Apr 2011 From: Kuala Lumpur |
QUOTE(Cavatzu @ Apr 5 2024, 07:43 AM) The thing is developers have pretty much forced buyers to accept leasehold and high dense as the new norm. This is particularly true for high rise and it’s been a very short time frame to push all these as the new reality. They acquire the land cheaper and absorb all the cost savings as profit. You may not think it’s a big deal when buying due to perceived cost saving but certainly your ability to dispose of the property later is going to be an issue. Well it’s either leasehold near KL or freehold at some ulu place. Buyers choice |
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Apr 5 2024, 01:00 PM
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Junior Member
262 posts Joined: Apr 2010 |
Those new shoplot by big developer in new township are now mostly under leasehold title, as what they say is to make the price more affordable for investor to buy. However, this is not really true as the psf of this leasehold is even higher than subsale price in mature area. Higher rental need to get for cover the instalment payment.
There is also a high competition to get tenant on vacant possession as there is many unit vacant possession at the same time in same locality and the moving into the new township is taking time. Investor may need strong holding power to get return in future This post has been edited by scongi: Apr 5 2024, 02:45 PM |
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Apr 5 2024, 05:34 PM
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1,025 posts Joined: Jan 2022 |
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Apr 5 2024, 05:40 PM
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Senior Member
5,304 posts Joined: Apr 2011 From: Kuala Lumpur |
QUOTE(PAChamp @ Apr 5 2024, 05:34 PM) If you buy sub-sale, there is plenty of choice in KL/PJ, both freehold and leasehold. Thing is many folks dont have money to buy subsale. subsale landed? 30 years old landed basically you have to rebuild the whole thing to be liveable. And not many people have that amount of cash |
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Apr 8 2024, 01:15 PM
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Senior Member
1,025 posts Joined: Jan 2022 |
QUOTE(victorian @ Apr 5 2024, 05:40 PM) subsale landed? Yes. Its not between freehold vs leasehold btw, it an old vs new issue. For projects far away, both freehold and leasehold are also expensive. Might as well get freehold30 years old landed basically you have to rebuild the whole thing to be liveable. And not many people have that amount of cash Cavatzu liked this post
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