QUOTE(Tsuto @ Aug 17 2015, 05:27 PM)
Brother.... like this cannot la... you want cheap.. want gng... want freehold... want new.... want landed... want double storey... pls let me know know where u can find i also wana buy.
Hehe... when we shop we must try to get the best deal possible! With wife and children around, the environment must be decent and safe. Sorry lah if i portrait myself to be very Kiam Siap! That was not my intention!
I actually admire you guys alot, from the way you speak, Rm200-300k difference is not a problem.
But for an average worker in Malaysia, taking home a salary of around RM8k a month. Usually housing loan expenses we will allocate max 30% of monthly income to pay for housing loan. The price point is extremely important here. Every RM100k increase makes a different. Assuming the loan is for 90% margin with a 4.5% interest for 30 years:
RM500k loan - repayment is RM2280
RM600k loan - repayment is RM2730
RM700k loan - repayment is RM3190
RM800k loan - repayment is RM3640
for a net income of RM8000, one can probably afford RM2400 (30%) per month for the repayment of housing loan. that's why people will normally look for houses in the RM500-RM600k range.
And that's another reason why not many people can move to Cyber.
Ok, let's work harder guys, so that we can all move to Cyber someday!
This post has been edited by neonikson1: Aug 17 2015, 05:55 PM