Real estate Malaysia / TH Lim Property Malaysia

For SALE - Flat Agriculture Land Location - Taman Permata, Tasik Biru, Kundang, Rawang Call LIM @ O16 - 2O1 5998 for more details - Flat and square land - size : 1.48 ac - Leasehold - surrounded by residential area - convertible to residential use - less than 10 minutes drive to Kundang toll - water n TNB reached - Tar road access Nearby amenities 6 min to Jet ski Club @ Tasik Biru 8 min to Kundang Lake Country Golf Club 5 min to Recreational Fish Pond 5 min to SK & SMK Seri Kundang 12 min to SRJKC Kundang 25 min to IGB International School Strategically located between PJ, Kepong & Sg Buloh & mere minutes to Tasik Biru, Kundang Town, Gamuda Gardens new growing township, Bandar Tasik Puteri and other Accessibility via 8 min by LATAR Highway 12 min by GCE 26 min by NKVE 20 – 30 min to Sg Buloh, Kepong & PJ

  Here are some pros and cons of purchasing a leasehold property: Pros: 1. Cheaper house prices! Assuming two properties are exactly identical where one is freehold and the other is leasehold, then the price of the leasehold property would be lower simply because the market prefers freehold properties. “I would say it would vary anywhere between 10% and 20% if both are brand-new properties with full lease. As the lease gets shorter, the gap widens up,”  2. Higher rental yields Assuming that a leasehold property is cheaper than a freehold one, the lower entry cost could mean higher rental yields although one also has to take into consideration other factors such as maintenance cost and the location. Cons: 1. Property loses value as lease shortens One disadvantage of owning a leasehold property is that its value starts to depreciate as it gets closer to the expiry of the lease. 2. Tougher financing options In fact, banks will usually stipulate a certain minimum number of years remaining