If one don't have any idea about subsales, only mainly focus on klang valley area has no properties around 500k, then this investment spell trouble.

First, get to know your comfortable loan amount, next go to banks, ask around the loan amount allowed, this 2 steps help you evaluate your current financial status and commitment.

Next, spent times to attends show village/house, auction and research on internet on property. Don't limit yourself to a certain area, spread out to get knowledge and information. Besides, if it is for investment, you don't really need to lock yourself to a specific area.

After these process, then you are ready

subsale is not necessary cheaper but the good about subsale is that the house is ready and can be use immediately once it is purchase, what you see is what you get and you have also info on the neighborhood and facilities around. Another things is subsale price is negotiable most of the time.

If you buy from developer, there is always a risk that the units may not be completed or is not what you have expected. The neighborhood also is almost non-existent assuming is a totally new project. Besides that you need to wait for 2 to 3 years for the house to be ready. But the good thing is most of the developers will adsorb lawyer fee, and mark up selling price, this and that so you pay a significant lower downpayment

Actually there is another thread on mortgage in this section. But anyway, let's do a quick calculation. Assuming you have no other loans other than hire purchase. BNM guide is not more than 70% of your income to service dept, meaning you will have 1.9k for mortgage (3.5k minus of 1.6k) Hmm... 1.9k for a 30 years loan at current interest rate will be about 400k loan amount.