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 Cons of leasehold property., freehold vs leasehold

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matrix88
post Aug 2 2024, 10:44 AM

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crazy way of calculation
maybe majority type c location
very difficult for them to fork out so huge amount in 6 months
and many are old/retired.
matrix88
post Aug 2 2024, 11:27 AM

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QUOTE(Nanti Sekejap @ Aug 2 2024, 11:22 AM)
eventhough it is not cheap, but still make sense, after u renew u sell it is profitable what
*
renew with 1mil then sell at 1.5mil?
means the property only valued at 500k?

is this profit? something wrong with math?
matrix88
post Aug 2 2024, 11:39 AM

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QUOTE(Nanti Sekejap @ Aug 2 2024, 11:31 AM)
why is 1.5m-1m=500k is not profit
the property value is 1.5m, no?

i assume the son inherite the property from parents, isn't this is most of the cases?
*
so means the value of 500k is profit?
wow!!!!! math fail or not ownself know la.
matrix88
post Aug 2 2024, 10:00 PM

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QUOTE(qwerty223 @ Aug 2 2024, 06:55 PM)
a 50% profit is not profit? money fall from sky?
*
think you really need to go check your brain,
the property belongs to either him or the parents, so you think the property no value one?
even if you inherit the property, it still has a value, and you still need to pay inheritance fee/tranfer fees/legal fees everything.



 

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