Property in Malaysia for sale and rent | Buy, Rent and sell real estate and homes

Can someone answer my question? I'm planning to buy a house in a small town. However, the house is leasehold and has only about 56 years left, I think. The vendor said there was nothing to worry about the period as with the payment of a fee of RM5000 - RM6000 to the authorities, the lease could be increased to 99 years again. Is that really the case?

Thanks for responding.