500 - 600 is studio price oledi

better dont do house warming to frens

400k with only 3k salary... i doubt.
there are so many charges incur ...

3k salary/mth will not be able to afford a 400k property. Loan wouldn't approve too...unless savings or parents pay off down payment...too risky

Where got so cheap... Even bukit oug condo studio charge rm 800 now...

Scott garden and setiawalk 1.5-2k

Not really...now even you show a empty house to friend they will be impress...

Renovation?

If no budget, paint it yourself. It time to find out who is your real friends..ask them to help for painting.

If no momey buy Perabot, get a second hand wash machine,air con, water heater..wat a big deal?

I can get a basic renovation with 2k ++

So how to get a 300k loan with a 2.6-2.8k salary?

Wiring ? Piping? Installation? Can show the breakdown of cost of 2k including wiring for all the required items ?

+1
Precisely.
Some fresh grads fail to fall back to the basics of what is a need and a want.
I painted my house with cousins in a weeks time, and my cost was the paint plus treating them a meal everyday.
Second hand stuff is also ok, if condition is good. And if one is tight on budget, drop off the air con and just use the fan. Although I have an aircon in my bedroom, I rarely turn it on, only just before I sleep for 10-20 minutes and over the weekend.

It is possible, your debt service ration will be around 0.5, which is within the acceptable range of below 0.6.
If very tight, then rent out the remaining rooms to people. Friends or juniors from the same university would be a good start. By renting out the remaining rooms, the burden of the loan can easily be halved, if not more.

When a fresh grad buys a basic unit, it will have the bare essentials all fitted already.

Like I mentioned above, if budget is an issue, then forget about the air-con, since it will take up additional money in terms of wiring, piping and installation.
Bath will cold water for the first few months till one has enough to install a water heater and also use a standing fan instead of a ceiling fan.

Get a basic square plastic table from the hardware shop, that's less than RM50 and can serve as your study table and also dining table. Chair is less than RM20. IKEA fittings can come later once one is able to afford it.

Honestly, I'm starting to feel that you are one of those fresh grads that wants everything from the very beginning and is struggling with life at the moment.

Really that would explain why I have two properties. I'm doing quite well thank you. You are inaccurate in what you feel. But I dare say if i followed your advice in renovating the apartment, I wouldn't have any tenants at all unless I go way below market price.
Why would a basic unit have everything installed unless it has been renovated before. Then you're buying a renovated unit not a blank unit.
I just find that what you're doing is not even considered renovation.
Why not go even further if that is considered a renovation Just sleep on the floor without a matress and use stand fan. Even cheaper. What heater, just use a hose to a pipe. No need entertainment at all.

So which bank is going to loan 300++k at 2.6k salary?

buy more pls
specially the gen y ppl
buy, owe first talk later

i will see u in property auction later

LOL, it seems that I'm wrong then. Good to know that you have 2 properties and are doing well.
I guess my response was just to merely answer the question posted in this thread, which is youngsters should rent first before buying. And I felt your negativity isn't helping much in encouraging youngsters to purchase their first property.

To sum up my take on this issue, youngsters should buy a basic unit and not be too fussy about it after working for a year or so.
I would liken it to having economy rice with just 1 meat, 1 vegetable and a bowl of soup for the daily meal, instead of fancy Japanese meal.

rental 2k plus, then i rather buy it , at least that is own house ..
Anything happen, u still own a house..
Of cox this is depends on able to afford the payment and able to pay every month not, this is a very important, must consider before u buy/rent .

Regardless is one rents or buys his/her own property, still must pay every month. Difference is whether the money goes to the bank or goes to the landlord. If you don't pay for a few months, either the landlord takes legal action and kicks you out, or the bank takes legal action and also kicks you out.

lol

What is BBB?

Accentera Gor said it is BUY! BUY! BUY! wor.

studio so good rental price, no wonder my land unit partial furnish want rent 1.2k also no people want...
All tend to stay condo.

later after the gathering, the frens discuss behind why inside got nothing, all sit on the floor only...