Asked by Camerin Lee
Tues June 21, '22 Good morning, For Msia-Rawang expert on residential leasehold :
1. How long is the lease - 99 years? or shorter lease rental period?
2. Are the monthly lease rent payments amount "fixed" for the entire 99 years or are there "bump" periods, such as every 10 years...the monthly lease rent is increased?
3. Do the purchase agreements also provided that the lessee-residential owner has the option to purchased the leased/fee interest in the land? Thanks, Camerin Lee from the U.S.A. - frequent visitor to KL/Selangor
1. How long is the lease - 99 years? or shorter lease rental period?
2. Are the monthly lease rent payments amount "fixed" for the entire 99 years or are there "bump" periods, such as every 10 years...the monthly lease rent is increased?
3. Do the purchase agreements also provided that the lessee-residential owner has the option to purchased the leased/fee interest in the land? Thanks, Camerin Lee from the U.S.A. - frequent visitor to KL/Selangor
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