Sorry to bump in here. Have been observing the progress of this thread a few hot topics. Realised something important but forgotten and not sure who voiced it out. Living in a few million worth of bungalow feeling proud and sound. Buying few hundred thousand condos flip here and there and calling poor buyers like us water fishes.

No doubt sounded very successful in a way if don't compare to those silence readers who might be even more successful (usually many won't talk too much if really successful, some who needs more attention and recognision will make some noise).

However, I believe property is a rich man game. When you look at the example above, rich people living in multimillion bungalow and buying cheaper properties worth few hundred thousand to flip to those poor working people and after being sold the property and pocket the profit, poor buyers are to be labelled water fish. So its no doubt rich gets richer and poor gets poorer.

What to do, poor guy like me have to just stand behind some ego rich guy smelling fart. However, I believe 1 day poor guys can make it to the elite group too but will make sure if I make it, I will never call poor guys water fish.

You rent a house before? I've been renting for my first 3 year in Klang Valley. Things which you can't do or wouldn't do..

1) renovate your house. No KC. No expensive furniture. No nice decoration in your home.
2) If you want to install an aircond.. You need to find a unit which most likely to cost more than your installment at the end of the day.. Rent the expensive unit for the rest of your life meh?
3) If 1 year you spend RM13.2k in rental.. In 10 years you are leaking RM132k to someone's pocket. That's IF.. and ONLY IF.. the fellow does not raise the rental. I've leaked RM36k to someone
4) Borrowing at a young age for 35 years loan is most likely cheaper as compared to renting. Not all the time.. Most of the time.. Renting a double storey landed would be even better.

Things which is good..

1) You do not need to pay cukai pintu.
2) You do not need to pay maintenance
3) You do not need to worry about the condo when it have issues like land soil corrosion.. Cracking condos... water leaking and so on so forth.

It has it's pros and con.. but definitely I would not want to leak RM132k in 10 years time to someone else pocket.

Blader amacam you calculate one.. The interest you pay to the bank spread out in x number of years.. The money you pay to the HOUSE owner is purely CASH.. The property prices have a chance of shooting up or down but at the same time it would mean the rental will be going up or down as well la.

You rather take RM1.5k to pay the owner instead of paying the bank when the property is under your name????

Blader... I dorwan to take the rental yield to talk about it leh.. Even if renting for RM1.1k as compared to installment I still don't think it's worth it, that's just me. If I can afford RM1.1k i'll still find away to save up the money and buy a place. Anyway my current unit is Puri Ayu Condo in Batu 3 shah alam. 1 unit rented out at 1.4k while staying in another.. Shifting out soon after I get the Keys for Koi Kinrara most likely 4 months time.

problem is now days, most men can't afford to provide roof on their own without help.. so women has to worry as well 

I like the term Blaader haha.

Anyway which area was that? landed property right? In some places like Malacca or smaller towns like Kapar and so on.. Yeah... rental is much adviseable man.. Take for example Kuantan. A new house in Air Puteh cost RM480k.. but if you rent a double storey 20x70 in that area.. It's just RM650.. For such cases renting is definitely better la.

Can't argue much about that.

Wei Kawan.. Already mentioned up there la. go check back my post. Anyway my condo here you can't find anymore @ 250k and 265k la. You are 18 months late. lol