Im 1993 (25 YO)
Still renting, trying to get 1st house
kindly advise me
80s babies, have they started buying property?
80s babies, have they started buying property?
|
|
Jun 20 2018, 11:43 AM
Return to original view | Post
#1
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,202 posts Joined: Dec 2010 From: HELL |
Im 1993 (25 YO)
Still renting, trying to get 1st house kindly advise me |
|
|
|
|
|
Jun 20 2018, 12:31 PM
Return to original view | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,202 posts Joined: Dec 2010 From: HELL |
QUOTE(jo8981 @ Jun 20 2018, 12:26 PM) I am not a pro by any means, but a good starting point would be to: Trying to combine with my wife salary total RM6k1. Find out how much you can afford (google up property calculator and play with the numbers to see the monthly installment and amount you need to pay upfront like downpayment, legal fees, etc). Look up the debt service ratio (DSR) on your income to see the loan amount you can qualify for 2. Identify your preferred locations 3. Search for property listings online based on your locations 4. View properties If you want a property for ownstay or to rent out you might have different search criteria as well...more bedrooms/more space, what tradeoffs you can tolerate or must haves.. a lengthy process but necessary to go through to make the best decision for yourself in your own capacity. Can get more advice from the sifus here, they have much experience and are willing to share Eyeing for RUMAWIP Residensi hektar (http://www.residensihektargombak.com.my/index.php) value RM300k Will meet property agent this friday, hopefully he will teach me abit on how to buy property |
|
|
Jun 20 2018, 01:02 PM
Return to original view | Post
#3
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,202 posts Joined: Dec 2010 From: HELL |
QUOTE(Andy Lau6235 @ Jun 20 2018, 12:57 PM) 1985, own 2 props. nice word...1 rent and break even 1 stay. I think most of the people will feel incredible for those people can own many properties when their age young. I am in this field for 2yrs, i saw a buyer purchase 10unit condo 5xxk-6xxk in 1 shot, all 70% loan margin. i saw a young female buyer with age 24 and own 3 props, with her own profiles. i saw a old man want to purchase a house but without income profile to take loan. There are different peoples, different capabilities. To some people, property is a product n investment, the more is the better. but to some people property is home, one is enough for their whole life. agree |
|
|
Jun 20 2018, 01:23 PM
Return to original view | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,202 posts Joined: Dec 2010 From: HELL |
|
|
|
Jun 22 2018, 03:53 PM
Return to original view | Post
#5
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,202 posts Joined: Dec 2010 From: HELL |
QUOTE(AskarPerang @ Jun 22 2018, 03:16 PM) A quick search in lelong for newly completed unit that head straight into auction market. For auction we must using cash?Can see that majority owner got burnt from newly completed property gang is from the late 80s. Here few example: Silk Sky, owner born year 1984: https://www.ngchanmau.com/pos/4188/pos_en?v=1529650908 » Click to show Spoiler - click again to hide... « Lakepark Residence, owner born year 1986: https://www.ngchanmau.com/pos/4095/pos_en?v=1529651050 » Click to show Spoiler - click again to hide... « BTP 5, Acacia Park, owner born year 1989 & 1991: https://www.ngchanmau.com/pos/4014/pos_en?v=1529651084 » Click to show Spoiler - click again to hide... « M Residence 2, owner born year 1986 & 1989: https://www.ngchanmau.com/pos/3939/pos_en?v=1529650797 » Click to show Spoiler - click again to hide... « sorry new here |
| Change to: | 0.0314sec
0.37
6 queries
GZIP Disabled
Time is now: 8th December 2025 - 03:26 AM |