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 Private Lease Scheme (PLS)

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Cadence16
post Dec 26 2024, 08:30 PM

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Joined: Feb 2022
QUOTE(Chisinlouz @ Dec 26 2024, 02:35 AM)
Since the ownership will always be developer, it would make sense if it's priced half or less than freehold property.
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The developer does not own the land. They only own it temporarily to develop and sell. Iskandar Investment Berhad owns the master lease. Once strata title issued, the developer is out of the picture. Some developments already got their strata titles issued.

 

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