QUOTE(highburybaby @ Sep 28 2015, 01:54 PM)
1 way= 7.50
toll =2
petrol=5.50+-???
Okay, let's assume RM 15 per day from Parkland@Rinching to Cheras, you work 22 days per month, never take annual leave for 30 years.
The total expense will be: RM 15 x 22 days x 12 months x 30 years = RM 118,800.
Let say because of longer travelling, you need extra 2 car service per year, that's mean 30 years is 60 times. Everytime RM 200, that's mean RM 200 x 60 = RM 12,000
Total is around RM 130,000 extra.
From this figure itself, it seems like any property in Cheras which is not more than RM 130k if compared to houses in Rinching Parkland is a much better buy.
But just need to remember, the loan you service incur interest as well. If only taking the nominal interest only (rather the reduce compound interest), RM 55,000 at an interest rate of 4.5% for 30 years shall incur an interest of around RM 75k as well.
So, vis-to-vis comparison, if you can find a landed house in Cheras that is not more than RM 55,000 extra than Semenyih Parkland, it will be indeed a very very good buy..
This post has been edited by samkps: Sep 28 2015, 02:25 PM