[sgxin]

looks like more to come in the near future, many 30 years lease sold to SGrean.

In the near future, many HDB flats will be left with 30+ years lease too.

[debono]

In the near future, many HDB flats will be left with 30+ years lease too.

Then there will be a strong protests from the heartlanders......

[Notdumb]

peanut ur head, some properties there have respectable tenant like banyan tree and so on, smelly smelly cost SGD $400k

Dont talk cok lah. I was marketing the apartments there 30+ yrs ago. Were u born then?

[Gemstar]

Dont talk cok lah. I was marketing the apartments there 30+ yrs ago. Were u born then?

All those rubbish agents also hit and run.  Why they bothers what will happened 30 years later down the road?

[sgbuffett]

they tried to sell me those properties, claiming 30+30+20 and whatever shit. sure renew, all legal black and white done by professional lawyers, they claim. 

I never fall for their shit

I think you should buy based on 30yr lease without renewal because it is subject to govt allowing the renewal and price can be set to any level for renewal.

If one buys a $50K property stay for 30yrs for retirement it is reasonable and worth it.

You can't go and assume a lease can be renewed at reasonable price....when they market it they can say but you cannot depend on it.

[sgbuffett]

In the near future, many HDB flats will be left with 30+ years lease too.

If you are 60yrs old with a 70yrs old HDB.
Switch to a 30yr left one...pocket the difference in cash and that js your retirement sum.

It's good to have HDB with 30yrs left. .Means original tenant enjoy 70 good yrs there and 50 yrs rent free living.

Unlike many I do not view leasehold negatively. People should be educated on this.

[Yin yang]

Long long Qs for 30 yr leasehold flats in HK....here we r spoilt with choices.

[Oyk]

Stoopid sinkees.

Phua chu kang already said dont buy anything from JB, Batam and Bintang.

Not just JB, but anywhere in Malaysia, and also all of Indonesia.

If you want to stay there for a long term, just rent.

[debono]

Not just JB, but anywhere in Malaysia, and also all of Indonesia.

If you want to stay there for a long term, just rent.

I agree with your statement....anywhere in Malaysia and Indonesia should be avoided...

[Notdumb]

All those rubbish agents also hit and run.  Why they bothers what will happened 30 years later down the road?

So u r also saying HDB hit and run too with 99yrs lease. U also another goondu who cant think.

Or u saying agent bluff buyers that 30yrs means forever? 

[sgbuffett]

So u r also saying HDB hit and run too with 99yrs lease. U also another goondu who cant think.

Or u saying agent bluff buyers that 30yrs means forever? 

30yrs foreigners apt is a well known thing for those buying Indonesian property.  It's to address needs of retirees settling in Bali etc.

It is also common for agent and salesman to say easily renew or "sure can renew". But common sense will tell you that such things will have problem.

The dispute posted is by buyers who have too optimistic expectations...or are trying to gain something.

If one goes in with eyes open and treat the property as 30yr lease...one should be quite happy to live in a low cost area.

People shouldn't go and bad mouth indonesian and Malaysian over this. I don't think they did anything wrong. ...or are underhanded

[Notdumb]

30yrs foreigners apt is a well known thing for those buying Indonesian property.  It's to address needs of retirees settling in Bali etc.

It is also common for agent and salesman to say easily renew or "sure can renew". But common sense will tell you that such things will have problem.

The dispute posted is by buyers who have too optimistic expectations...or are trying to gain something.

If one goes in with eyes open and treat the property as 30yr lease...one should be quite happy to live in a low cost area.

Plse don't go and bad mouth indonesian and Malaysian over this.

Renew is not FREE. its better just go buy another cheap apartment thats brand new.

[debono]

30yrs foreigners apt is a well known thing for those buying Indonesian property.  It's to address needs of retirees settling in Bali etc.

It is also common for agent and salesman to say easily renew or "sure can renew". But common sense will tell you that such things will have problem.

The dispute posted is by buyers who have too optimistic expectations...or are trying to gain something.

If one goes in with eyes open and treat the property as 30yr lease...one should be quite happy to live in a low cost area.

Plse don't go and bad mouth indonesian and Malaysian over this.

30 years can pass by in the twinkle of an eye.....

[sgbuffett]

30 years can pass by in the twinkle of an eye.....

If you are 60yrs old....I think 30yrs is more than enough.

Such apartment are for retirees. 

Retirees actually want shorter leases rather than long leases that are more expensive.

30yr lease is legitimate and useful.

I don't see any issue.

[debono]

If you are 60yrs old....I think 30yrs is more than enough.

You are right, cos the average age of a man in Singapore is 85....

[sgbuffett]

Renew is not FREE. its better just go buy another cheap apartment thats brand new.

Those who buy for retirement are  unlikely to renew.

I heard this group having dispute bought a 25yr lease and some of them retire at 45yrs. ...

Now lease end and you are still alive facing eviction at 70yr old ...not a nice situation but cannot blame the indo govt.

[guffaw]

It certainly is a scam.....

If it's written in black and white, it's not a scam but buyer beware.

[debono]

Those who buy for retirement are  unlikely to renew.

I heard this group having dispute bought a 25yr lease and some of them retire at 45yrs. ...

Now lease end and you are still alive facing eviction at 70yr old ...not a nice situation but cannot blame the indo govt.

It is a no brainer, when a 45-year-old buys a property in Batam with a leasehold of 25 years, cos at 70 many are still alive and kicking.....

[guffaw]

Are you one of them that buy these houses for keeping mistress...?

Maybe he is kept there?

[guffaw]

So u r also saying HDB hit and run too with 99yrs lease. U also another goondu who cant think.

Or u saying agent bluff buyers that 30yrs means forever? 

Rubbish agents may mention it is 30 years but everything else are so good.

[debono]

Maybe he is kept there?

You mean he could be a small white face...?

[Gemstar]

looks like more to come in the near future, many 30 years lease sold to SGrean.

It does not matters whether it is a 30 yrs or 99 yrs lease, if they hv motives to scam Singaporeans.

[Huliwang]

Dont talk cok lah. I was marketing the apartments there 30+ yrs ago. Were u born then?

You were involved in the scam 30 years ago?............

[wulala]

It does not matters whether it is a 30 yrs or 99 yrs lease, if they hv motives to scam Singaporeans.

very true, cause we always have no say in a foreign country

[Notdumb]

You were involved in the scam 30 years ago?............

Dont anyhow say scam lah. Liddat HDB is world biggest scamer and sinkees r all dumbfarks!

Why so many dumbfarks in this thread huh?

[Notdumb]

You mean he could be a small white face...?

Finally u find another dumbfark who match your stupidity.