08 December 2018

Freehold or Leasehold : Which one is better?

FREEHOLD OR LEASEHOLD : WHICH ONE IS BETTER


Freehold, Leasehold, Properties, Loan, Money Loan, Bankers, Housing Loan, Buying First House, House Planning, 3 CONS OF LEASEHOLD, procedures of buying a home,
Plan carefully before deciding which one is better for long term benefit. 


Are you checking at property for sale in Malaysia as you plan to buy a property on your own? Buying your first own property to be called home is another milestone achieved in your life. Whether it is for investment purpose or own stay, most people are still confused with the difference between freehold and leasehold properties. Buying your own property may seem easy but when it comes to going through the procedures of buying a home, you then realize that you have missed out on many steps and wished you know the steps earlier so you could avoid the unnecessary troubles.


DIFFERENCES BETWEEN A FREEHOLD AND LEASEHOLD PROPERTIES.

In addition, many people still cannot decide which type of property to choose: freehold or leasehold. Real estate agents often get asked the question of which types of property is better. This article will guide you through the differences between a freehold property and a leasehold property.

1. Freehold
A freehold property is having the outright ownership of the property and land on which it stands. That also means the owner of the land has no time limit to the ownership period. Most developers build bungalows, condominiums and private housing on a freehold land. 

Developer or owner of land will have to go through the transfer of land to potential buyer if the property is in the form of landed residential such as terrace house or bungalow. This type of ownership will then be in a Master Title form. 

As for high rise residential properties or condominium, the buyer will then have a stake of the condominium, however, the land still belongs to the developer where the distribution of ownership will be done through Strata Title. 

Having a freehold land comes with its benefits as well. First of all, the owners are able to transfer the land to interested buyer with lesser limitations. In addition, they are also allowed to subdivide the land and allocate their land according to their wills, however, subject to the town planning controls.

Typically, a freehold property will have a stable growth if the property is taken good care of and is in good condition. There might also be a chance of redevelopment for the old freehold properties. In this case, the owners will then be compensated. 

However, the state is able to take back the freehold land it for public purposes, such as the MRT project or any economic development under the proposed Land Acquisition Act 1960. Under such circumstance, the owner of the freehold land will then be paid the for the property at a market value. Moreover, if there is none development process in the freehold land, the state is not allowed to claim the freehold land. That being said, there is no specific timetable that you need to adhere to. 

Another thing to take note of is that restricted freehold parties will need a consent from the state if you wish to transfer ownership. This is because the properties are properties that have been converted from a leasehold title to a freehold title. 

2. LEASEHOLD

As the name mentioned, property with a leasehold title will have to be responsible for the land and maintenance need to be done. If the land is not well taken of, the state will deem the tenant as unfit and the tenure might be compromised. The state could also forfeit your lease if the land is not in a good condition.


3 CONS OF LEASEHOLD

Do bear in mind that leasehold property have its cons that you should take into account before deciding to buy a leasehold property. 

a. Longer time to sell
Buying a leasehold property from the developer or the primary market generally does not take a long time. But if you are buying a second hand property with a leasehold title, it might take a longer time, possible up to 1 year or more in Kuala Lumpur and Selangor due to the amount of consent requests. 

Unlike properties with a freehold title, the owner's hip period for leasehold property can only gain grant approval for the transfer of lease by the state, or equivalent. In addition, it requires 3 + 1 months for the sale of leasehold property to take place, which will only begin after getting the consent from the state, usually between 6 months to 1 year. This will make the process of reselling of property an issue.

b. Lower value
It is known that leasehold property after 30 years, the value of the property will then depreciate or even stay stagnate all the way until the end of the lease. In addition, assuming both leasehold property and freehold property having the same specifications, the price for a property with leasehold title is usually approximately 20% lower than a property with freehold title. 

c. Harder to secure a loan
Securing a bank loan for a leasehold property is usually much harder as compared to getting a loan for freehold property, especially leasehold property with lesser than 50 years lease period. Banks tend to favor leasehold property with at least 75 years lease. Moreover, the loan amount that you will be getting if you manage to secure a loan will usually be lower than than 90%. That being said, you will have to pay more for the downpayment of the property. 

Another thing to bear in mind is the renewal of lease. The nightmare for owners owning a leasehold property. You will have to pay a huge amount if you plan to renew your lease. The benefit of buying a leasehold property is that leasehold properties usually come with more facilities and are usually priced much cheaper than freehold properties. 

In conclusion, whether to invest in a freehold property or leasehold property will still depend on your budget and how much you can afford. You should take these factors into consideration as well before deciding to buy, such as monthly income, purpose of buying (own stay or investment), cash available, and loan amount. Do your research and plan ahead to make the best decision out of it. Freehold or Leasehold, Which One Is Better? Depend on your budjet.

Thank you. 😍
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Formula Sihat Wanita



14 May 2018

TIPS KEMBALIKAN MOOD BERBLOGGING

Assalamu'alaikum. Ceria hendaknya anda semua hari ini. Pernah tak mood berblogging anda merudum? Saya pernah juga. Okay, hari ni saya nak kongsi Tips kembalikan mood berblogging. Sebenarnya, sehari telah berlalu tanpa sebarang entri dalam blog saya ni. Terdahulu, entri Ceria dan Aplikasi terkini yang sesuai dgunakan untuk Pengajaran dan Pembelajaran tertampal kaku di paparan blog.

17 April 2018

24 February 2018

7 Tips Buat Duit di Laman Sosial Instagram dan facebook

7 Tips Buat Duit di Laman Sosial Instagram dan facebook. (Peta Google Malaysia)

Tips di laman Sosial Instagram

Meminjam kata² Sifu Ajim Aura Pakar Instagram SeMalaysia. Cikgu patrikan dan kongsikan di Instagram Cikgu ieta .

7 Tips Buat Duit di Laman Sosial Instagram dan facebook

Pengalaman sepanjang 28 tahun di dunia perniagaan Online ni, Cikgu nak kongsi 7 Tips buat duit di laman Sosial yang simple.

1) Komen yang murni-murni.
Sifu Ajim Aura selalu pesan. Komen tu sesuaikanlah dengan posting pemilik Instagram tu berposting. Usah posting cerita sedih anda komen ucap Tahniah atau beri emoji happy pula.

2) Jangan mengemis iklan.
Kata Sifu Ajim yang maksudnya komen tu janganlah asyik memanjang je promosi iklan bisnes. Tak penat-penat beriklan di Instagram sendiri, beriklan lagi di Instagram orang lain pula. Dulu-dulu Cikgu ieta suka block je jenis begini. Tapi sekarang kalau kerap sangat, Cikgu report spam je terus. 😁

3) Jangan kedekut memberi.
Usahlah kedekut sangat dari memberi. Asyik beriklan je kan, apa kata kongsi juga Ilmu yang anda ada. Kan lebih bermanfaat daripada beriklan 24 jam non stop. Dapat pahala tau jika orang lain share atau amalkannya.

4) Sebarkan Perkongsian orang lain.
Anda kongsi sebenarnya tu, anda Bantu sesama peniaga atau kawan yang baru nak naik tau. Pasti mereka tersenyum lihat "Eh ada juga yang sudi kongsikan posting Instagram aku". Jangan kongsi posting tidak patuh syariah tau. Berdosa kita.

5) Jangan kedekut Like.
Nampak lalu, like la. Support semua yang lalu. Bukan susah pun. Mesti kawan happy. Jangan like gambar tidak menutup aurat dan berunsur maksiat apatahlagi pergaulan bebas ya. Mendapat dosa pula kita.

Like dan komen nilah engagement. Cikgu memang dah kurang engagement di mana-mana laman sosial. Lagi-lagi sejak urusan berpindah rumah. Sebab tu like kurang. Dahlah tu, ada laman Sosial selalu kena Shadowban. Dulu kurang sebab sakit sekarang sebab macam-macam sebab. 😁

Sakit Slipped Disc sudah makin berkurangan. Jika sakit pun, sengal sikit-sikit tu, demi anak-anak nak ke sekolah, Cikgu tahankan drive jugalah hantar dan ambil mereka setiap hari 5 kali pergi dan balik. Hari Jumaat 6 kali berulang-alik hantar dan ambil 5 orang anak yang berlainan sekolah dan sesi persekolahan. Fuhh pengalaman ni memang mencabar dalam hidup sejak Cikgu nekad resign dan tumpu sepenuh masa kerja Online. 😁

Perjalanan jem yang panjang setiap kali selama setengah jam memang amat memenatkan. Demi anak-anak Cikgu gagahkan. Tiada daya upaya dan tiada kekuatan melainkan dengan Allah yang Maha Berkuasa. 😁

Kehidupan selepas berhijrah di rumah baru ni lebih baik dan amat selesa. Cuma kekuatan fizikal dan spiritual amat perlu saat suami pergi bekerja. Semua urusan persekolahan Cikgu handle seorang diri.

Tips suri rumah buat duit online, Testimoni Cikgu ieta, Testimoni Blogger, Testimoni Malaysia, Testimoni Kelas Asas Blogging, Terapi Blogging, Terapi Instagram, Super 100k, Lifestyle Blogger, Blogger Malaysia
Testimoni salah satu kerja online yang Cikgu ieta buat. Mengajar Kelas Asas Blog secara Online di Telegram. Customer Cikgu jumpa di Enjin carian Google. Alhamdulillah.

Sebagai Ibu dan isteri, juga suri rumah sepenuh masa yang Blogger merupakan kerjaya sepenuh masa bermula tarikh Cikgu resign 14/9/2017, Cikgu memang kena kuat demi anak-anak. Kekuatan Cikgu adalah anak-anak dan Suami tercinta. ❤️

Cikgu diberi kelebihan dan idea untuk mengajar. Sebenarnya ia amat bermanfaat sekarang ni. Jadi mana-mana suri rumah tangga yang masih rasa rendah diri dan down, meh cuba Tips ni.

2 Tips suri rumah buat duit online. (Peta Google Malaysia).

1) Cungkil kepakaran diri sendiri.
Carilah kepakaran, apa kita pandai dan minat. Cuba kembangkan. 

2) Mengajar dan berkongsi kepada orang lain.
Mulakan dengan berkongsi secara Percuma di laman sosial anda. In Shaa Allah akan menjadi duit. Rezeki tidak pernah salah alamat. Cuma lambat dan cepat. Harus bersabar. 😊

Moga 7 Tips Buat Duit di Laman Sosial Instagram dan facebook bermanfaat untuk anda semua yang masih lagi blur bagaimana nak buat duit melalui laman sosial anda.

NAK DAGU RUNCING LEPAS BUAT FACIAL ALA BOTOX? Klik gambar.



🍃 Hidupkan memberi walau hatimu disakiti. 🍃

Salam sayang 😍
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