Normally lower cost area translate the rental is negative cashflow.  This will deplete ur savings for future downpayment. 

Buy subsale need high cash outlay. Eg: a RM 300 K property cost 10%  downpayment which is RM 30K + lawyer fee, stamp duties etc which total about RM 50K.

Practically,  one need few years to save RM50k. So, not easy to get another property in few years.

Wonder how TS got to buy 2 units cyberjaya property in 1 go.

I just purchased at 250k before CNY, the price is up a bit now, but still below 300k for sure. last mth I chk, 80% sold only.

search around topics about dev on cyberjaya.

Wonder why some people are so  negative toward property investment ,
The higher one loan , the higher they leveraging on some one else money to make more money and it is a secure loan , unlike insecure loan

as long as the property manage to provide > 4.2% to 4.6% return per annum, it's a gain against the loan (provided the BLR = -2.0 to -2.4 , base 6.6)

To get a 1 million loan, need installment of rm 5000 monthly, means bank will only approve the loans if you have rm 15k income(I.e. 1/3 rule, but today using net income instead of gross income). So it means you need to have net income of rm 15k.

That is my basic understanding.

1/3 rule no longer being used nowadays... forget it... some banks can lend up to 75% of nett income... i applied a loan with a few banks few months ago... they told me... ppl can leverage higher than before... no need 5 figures income also can buy a 1M property... try ask the banker yourself to verify.

Forget to mention just looking for own stay. Forget about investment house when you don't even have a proper place to stay :-S

Btw TS mind to share why you look so highly at Cyber? 

1/3 rule no longer being used nowadays... forget it... some banks can lend up to 75% of nett income... i applied a loan with a few banks few months ago... they told me... ppl can leverage higher than before... no need 5 figures income also can buy a 1M property... try ask the banker yourself to verify.

Lets say yo net income is 10k
After instalment, left 2.5k
U think 2.5k enuf to use if have family?

Wat i think n wat u think its not important. Important is wat the bank think. Ask bank y nowadays they approve up to 75% income.  ppl want to flip. Then flip at own risk. Dont blame the bank. U r in control of your finance.

Agreed
For me, 50% DSR is the max

not when you are earning rm30k or rm50k or higher 

Not sure what trick or magic you try to imply here, meaning buying in cyberjaya is the trick?

dont be so harsh to others.   

richer people will obviously think theirs are better.

no lah, where got. I also want to know the tricks and magic. Im earning more than him (not sure he is saying the true salary figure) still cant achieve what he get.

But, he will mislead other young average joe here that year 2010 gameplay still can apply in year 2013/2014.