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Financial Buying new property, is the right time now? where?

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koopa
post Apr 28 2009, 10:49 AM

On my way
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Senior Member
594 posts

Joined: Mar 2005
From: Bowser Koopa Castle


QUOTE(saimatkong @ Apr 26 2009, 11:47 PM)
I would like to know from all your opinion is the right time to get a property now as the economy is bad?

If yes then will it be landed property or condo type better? lease hold or freehold?

Looking for new development around Petaling Jaya. Most probably for own staying or investment. Any suggestion? Price range around 300-400k

Thanks.
*
If you ask me, i pick condo for investment. Let me give u an example.

Subang jaya link house (SS17/SS19/USJ 3/USJ11)
Unit cost: RM300k-350k
Rent for partly furnished: RM900 only average

Sunway Condo (Leasehold)
Empty unit cost: RM190k-210k
Rental for empty/bare unit: RM 1300 average.

Cyberjaya Condo (Freehold)
Empty unit cost: RM200k-220k
Rental for empty/bare unit: RM 1300 average.
Rental furnished unit: RM1800-RM2000

But for staying, i prefer landed. Hehe.

@secretsquirrel
What is your budget range? If youre starting a family, you better get landed from most people i talk to. A 1000sf unit will start to cramp in no time.

 

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