Real estate Malaysia / TH Lim Property Malaysia

As leasehold properties are becoming more commonly available, it would be wise for purchasers to know what that means to owners in the long term. For many people, especially owner-occupiers, they may not mind the common leasehold tenure of 99 years as it seems like a long time away. How many people live for 100 years anyway? So first things first - should land tenure be a deciding factor when purchasing a property? Tie Leung Real Estate Consultants Sdn Bhd managing director Eddy Wong says land tenure is a major consideration when purchasing a property, but there are also many other important factors to consider such as pricing, location and access to amenities. "If you are an investor, for instance, who is buying a property for investment vis-à-vis buying for your own stay, you may sometimes prefer to buy a leasehold property because the rental yield of leasehold properties is generally higher, he tells TheEdgeProperty.com. Pros and cons of purchasing a Leasehold property...