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First time came across this!
Can those who know share more info?
Posts: 42,644
   
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https://www.iproperty.com.my/news/privat...yers-58588
What is being sold to property purchasers through a Private Lease Scheme (PLS)?
It is actually a long tenancy or leasing, where a buyer pays the entire property sales price upfront. It should be noted that homebuyers do not have any proprietary rights on leases.
.
Leasehold properties and Private Lease Scheme properties are
similar yet hold key differences.
.
(This post was last modified: 24-12-2024, 09:18 PM by
cityhantam.)