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 Landed : Freehold vs Leasehold?

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vapanel
post Feb 17 2023, 10:59 PM

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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
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guarantee?

if not, 200k is worth
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
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not all leasehold is gomen
gomen take for building road you never heard?
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
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Ya but get money back
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
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means you kena tipu lor because developer always renew before handover.

or you're stupid to buy 2nd hand leasehold bangwall.gif
vapanel
post Feb 18 2023, 11:41 AM

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QUOTE(MrWrath @ Feb 18 2023, 11:39 AM)
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.
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Cheap price no good. That's why the developer don't want to renew

 

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