well, after 30 years you do own something, but nothing much. you using it for own stay anyway, so the cost for renting 60 years might be little difference from owning a property. but remember you don't need to chuck 10% DP and you have zero list in losing your investment if you cannot service your loans for few months. if you rent, you have Plan B & C, move to cheaper place, or sleep under the bridge, but if you Own, you will have to pay up on time every month for the 30 years. Also all the paper work etc.

i'm being pretty + by saying condos can last 60 years, even older flats right now might be 30-40 years old. many of those 3 storeys flats already demolished, you can see in Bandar Tun Razak, all moved into Razak Mansion.

remember highrise & landed house are totally different things. Landed, you own the land, if house is old, you can just demolish & rebuild, highrise, you don't really own the land.

good still got limit, developers have to pay for the land, and they have to pay individual owners, remember it's Leasehold, any repayment is in "Good Faith". they can just wait the title to expire and pay you nothing if they want.

house different because you own the land. chances are you get good compensation way before the title expired.

anyway chances are the repayment won't be enough to buy another equivalent properties unless you own the landed property then can buy a condo.

We are not there yet.. It will take sometime. It's very common for places like HK, SG, JP but not yet in MY.
That's really a bad philosophy. Sell now > rent within a year > then buy another smaller unit/bigger unit up to your preference.

It's not hard i've been doing that for years. I don't understand why was it so hard, people come to me and talk to me asking for advice "you buying apartments like buying vegetable.. The process is is a pain..bla bla bla". Well look i buy with a mindset that i treat the purchase of property as in a kind of saving plan for myself. The difference is that someone would help me along the way as part of my saving plan - that's all. It's not hard to stay in one while at the same time planning to shift within the next 3 years or so.

It's only hard when you don't plan for it.