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 Landed : Freehold vs Leasehold?

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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
MrWrath
post Feb 18 2023, 11:39 AM

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QUOTE(vapanel @ Feb 18 2023, 09:34 AM)
means you kena tipu lor because developer always renew before handover.

or you're stupid to buy 2nd hand leasehold  bangwall.gif
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developer is my wife's employer, bought with some discounts

RM83.5k, unheard off and unimaginable price 11 years ago. 3 rooms, 2 bathroom. porch for 2 cars, 3 if 2 of them are hatch back. backyard enough space to put a van or a small lorry. 2nd hand leasehold or not, for that price it's a steal.

MrWrath
post Feb 18 2023, 11:43 AM

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QUOTE(vapanel @ Feb 18 2023, 11:41 AM)
Cheap price no good. That's why the developer don't want to renew
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and it's in Langkawi. ba da boom!

 

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