Yes especially now under state of emergency government have the right to possession of your property

Compensation or not it will depends whether they are willing to pay is also another story as it can be lower than market

Buying property number 1 is location, location and location and the follow by purpose to monetise, build and only land titles comes in next

In fact buying leasehold can be as cheaper as 30% or more

The only question you have to ask will the banks willing to loan you money the buy the property unless you have the means buy it outright as cash borrowings

Not relevant statement. Desa Park City is not leasehold

FH or LH, govt needs to compensate if they want to acquire your land for public purposes.  Your statement sounds like the govt will not compensate LH owners.  As long as the lease still active, the owner has right to be compensated.  The LH period will usually outlast us.  So, you will not see the day the govt wants to take back your land. 
What about your kids?  Your kids should be capable and independent enough to buy their own properties.

You should train your kids to be capable and independent enough to buy their own properties.  You do not owe your adult kids a living.

After the lease period over, the owner needs to renew it.
The rate is base on the location of the land.

If you go to PJ old town, you see a lot of vacant bungalows and houses. The reason is most of those houses owner have moved out but the house is not desirable in the market as it is at the very end of the lease. It will depreciate a lot for the buyer.

The renewal rate is between RM60k-250k.

That means if you buy the bungalow at RM1.8mil, you need to add say RM150k cash for renewing the lease within 10 years.

The actual house own value will be RM1.8mil + RM150k* + (time u own the house x 5% of RM150k)**.

*if you borrow the RM150k, then you also need to add interest from the loan.
**Rough way to calculate the loss of gain from interest.

Also, the paper value of the house is RM1.8mil, the bank will only borrow you 1.8Mil at max (which is not likely at all...).

No one who understands this will want to pay ~RM2mil to stay in an RM1.8mil house since there is a lot of property supply in msia...

You pay RM2mil from your pocket.
RM1.8 for house and ~RM200k (If you calculate in detail, it might higher) for leasing fee.
Generally, gov allow lease renewal with no issue.

It is also an issue if you want to sell. You have to wait the appreciation of RM200k + the normal loan interest and fee to avoid lost.

Huh?

Since when you need to re-buy the house?

Just pay the lease extension la... as for his calculation of RM150k to extend the lease.. he pull the number out of thin air..

for example

https://www.edgeprop.my/content/lease-renewal-just-rm1000

Only 1k, not 150k. The owner smile to the sky