Hi there,

may need your idea here.
I got 50k on hand and having gross monthly income 4.5k.
Is it possible i owned a house values 300k?

i have no idea at all about this.
hope anyone can help and elaborate in more details.

much appreciate everyone replied here.

thanks.

yes, u can

if your monthly commitment isn't high ...
there shouldn't be any problem in securing loan for your purchase

if u r going to marry and going have 1-2 kids, better buy a cheaper house, 150-200k condor maybe.... if not u will be really suffering paying rm1500 a month....

Should be ok but subject to other commitment like car and other loans. My friend is a mortgage manager, if you need any help I can introduce you to him...pm me your number if you require some experts

but ball part figure is 30% of your salary to serve your house loan would be optimum

Cheers

you can but not recommended...better to buy cheaper one RM180-200K..just my point of view cos i used to be in your situation

what type of house is that ?

Shouldn't be a problem. I've got a 300k housing loan, only applied once to cimb islamic also approved already. Monthly salary at the time was more or less the same as yours.

Dont think so much...go get it....after all, you also can take out your epf to reduce the loan amount and thus recude loan monthly payment...

landed dbl stry

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Added on June 9, 2009, 4:09 pmthanks everyone reply here.
i think should get a condo around 200k instead.
at least it wont turn me into headache if any emergency.

may i know any new condo cost 200k in cheras?
anyone here have any recommendation?


This post has been edited by genki1394: Jun 9 2009, 04:09 PM

Landed double storey for RM300K is considered below average price if the location is within Klang Valley.

cheras connaught avenue Price range RM 210k ~ 250k 987+sf freehold .

Even so, you have to consider the cost and other miscellaneous fees that can incurred for staying in a condominium. For example, the maintenance fees.

Depending on several factors and natural causes, landed properties normally tend to appreciate faster in value compared to a condominium.

This post has been edited by Icehart: Jun 9 2009, 10:19 PM