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 Landed : Freehold vs Leasehold?

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Inc. 100
post Feb 18 2023, 12:02 AM

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The whole point of buying landed is to own that piece of land you're sitting on forever. If you want temporary housing then you have highrises and hence why it doesn't really matter if it's fh or lh
Ashadiya
post Feb 18 2023, 12:03 AM

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QUOTE(novblaze @ Feb 17 2023, 11:50 PM)
please find me a case that gomen no let renew

freehold is too overrated
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I remember reading in the edge where a property in Bukit Tunku was not given extension to the leasehold property
-mystery-
post Feb 18 2023, 12:30 AM

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freehold properties are usually branded developers this is what i realize
-mystery-
post Feb 18 2023, 12:31 AM

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QUOTE(Inc. 100 @ Feb 18 2023, 12:02 AM)
The whole point of buying landed is to own that piece of land you're sitting on forever. If you want temporary housing then you have highrises and hence why it doesn't really matter if it's fh or lh
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marrying a woman is it freehold or leasehold?
doesn't matter, because at the end you'll still possibly get divorced
If not divorced you will still sleep in coffin
so why bother and headache
@@@@@@@@@@
post Feb 18 2023, 01:05 AM

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QUOTE(Mr Mercedes @ Feb 17 2023, 11:07 PM)
Freehold value increases with time.

Leasehold value decreases with time.
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Why worry about the value? When the tenure expired, you are most likely already rotten.
JungWoo
post Feb 18 2023, 01:32 AM

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prop are either fl or lh only why bother
just your asian dna kick in to control your brain thinking about leaving it to offspring
leaving behind what and where you really want

This post has been edited by JungWoo: Feb 18 2023, 01:36 AM
vapanel
post Feb 18 2023, 01:36 AM

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QUOTE(novblaze @ Feb 17 2023, 11:50 PM)
please find me a case that gomen no let renew

freehold is too overrated
*
not all leasehold is gomen
gomen take for building road you never heard?
hihihehe
post Feb 18 2023, 01:42 AM

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gomen also have rights to takeover the freehold if needed
gogocan
post Feb 18 2023, 02:10 AM

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How many residential area in Msia already reached its leasehold tenure? I only know one in PJ.
AdisonMak
post Feb 18 2023, 03:10 AM

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From: On bed blindfolded, with both arms and legs tied.
see your roadmap lor.

leasehold / just rent : if you is the last line of your gen/no kids/don't wan give much to char siew kid.

freehold : forever/every other gen until gov take back land / dijahanamkan (sell off) by one of your char siew kid.

novblaze
post Feb 18 2023, 07:19 AM

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QUOTE(vapanel @ Feb 18 2023, 01:36 AM)
not all leasehold is gomen
gomen take for building road you never heard?
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You dono gomen can take your Freehold to build road also?
is under national land code
fantasy1989
post Feb 18 2023, 07:44 AM

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QUOTE(novblaze @ Feb 17 2023, 11:50 PM)
please find me a case that gomen no let renew

freehold is too overrated
*
just think like that lo

see you want to risk/bet or not lor (for freehold conversion)

if leasehold..when due ..gov or private can choose to just compensate the "house" value and let u go [if your unit brick and mortal go weight it worth rm20k just give u rm20k] ; or even close to 0
compensation

you cant demand more like market price now worth 500k ..you should give me 500k worth of thing ..maybe 500k consists of 480k of land..20k of your crap unit..but you dont own that land lol



if freehold..if gov want to take back for future development ..more compensation n bargain power to you or your child

This post has been edited by fantasy1989: Feb 18 2023, 07:55 AM
vapanel
post Feb 18 2023, 07:51 AM

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QUOTE(novblaze @ Feb 18 2023, 07:19 AM)
You dono gomen can take your Freehold to build road also?
is under national land code
*
Ya but get money back
Azury36
post Feb 18 2023, 07:58 AM

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Freehold, either for your own stay or future generation

And the resale value of at least 40%-50% better than leasehold
novblaze
post Feb 18 2023, 09:10 AM

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QUOTE(fantasy1989 @ Feb 18 2023, 07:44 AM)
just think like that lo

see you want to risk/bet or not lor (for freehold conversion)

if leasehold..when due ..gov or private can choose to just compensate the "house" value and let u go [if your unit brick and mortal go weight it worth rm20k just give u rm20k] ; or even close to 0
compensation

you cant demand more like market price now worth 500k ..you should give me 500k worth of thing ..maybe 500k consists of 480k of land..20k of your crap unit..but you dont own that land lol
if freehold..if gov want to take back for future development ..more compensation n bargain power to you or your child
*
yeah but luckily malaysia is a democratic party instead of Komunis.
gomen unlikely will do such unpopular move that will give chance for opposition to shoot.

QUOTE(vapanel @ Feb 18 2023, 07:51 AM)
Ya but get money back
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paying premium for insurance that's what you said.
MrWrath
post Feb 18 2023, 09:25 AM

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what is the formula in determining the cost for leasehold renewal? surely a 100k property renewal couldn't be the same as 300k.

can you renew before it reaches the last year of expiry date?

my house is of a 60 years leasehold, that is weird I thought the magic number usually 99 or 999
etan26
post Feb 18 2023, 09:27 AM

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QUOTE(novblaze @ Feb 17 2023, 10:56 PM)
you will own nothing
and you will be happy

on a serious note.

renew leasehold only cost you rm10k.
but premium price you pay for freehold might cost you extra rm200k or rm300k

you do the math
*
You think now is 80s ke? . . . . . wait till they take back your land and just pay you the building cost 400k when nearby freehold is already 1 million. . . . hahahaha
etan26
post Feb 18 2023, 09:31 AM

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QUOTE(vapanel @ Feb 18 2023, 07:51 AM)
Ya but get money back
*
Much better buyout than market value, those affacted by SUKE h/w were well paid off.
vapanel
post Feb 18 2023, 09:34 AM

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QUOTE(MrWrath @ Feb 18 2023, 09:25 AM)
what is the formula in determining the cost for leasehold renewal? surely a 100k property renewal couldn't be the same as 300k.

can you renew before it reaches the last year of expiry date?

my house is of a 60 years leasehold, that is weird I thought the magic number usually 99 or 999
*
means you kena tipu lor because developer always renew before handover.

or you're stupid to buy 2nd hand leasehold bangwall.gif
edison8904
post Feb 18 2023, 09:41 AM

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my hometown house is leasehold, is behind the main road of the town, heard the blue print of the townhall is to convert the whole road to commercial, because they gonna extend the center of the town. But it left only 30 years i think, pass from my atuk to my father, then next to me. 3 generation lur.

So what you think, is this good or not good?

My point is, there are pros and cons lar in everything. Some bros says leasehold take longer process in SPA, some say leasehold have higher potential for yield cause the location might be gold, my take is they are all correct.

So, decide your needs first, only we measure what work best for us.

This post has been edited by edison8904: Feb 18 2023, 09:42 AM

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