Hi Clivengu,

Its good that you're thinking of buying property at such a young age. You'll be definitely better off paying of your own housing loan monthly rather than paying to your landlord. Right now you are actually helping him pay of his loan.

For installment of RM600-RM700, there's actually a place quite near your area. Ritze Perdana Studios in Damansara Perdana. If you manage to buy a unit at RM170k-RM180k, and take a Graduate Loan, monthly installment can be < RM700. Its only 380sf, but still bigger than your middle room and with own carpark too =)

If you're planning to join with your sis to get something bigger then there are more options around your area. Advice you to consider the place you're currently renting as you're already familiar with the place. Check out the asking prices and the rental rates, if 12 months rental/selling price > 7%, you can start to study deeper.

Downpayment is 10%, S&P legal fees is around 2.5%-3% of the buying price, best to budget around 15% to be on the safe side.

If you need further advice on property purchasing process and home loan, please feel free to contact me.

Regards,