Hi, I'm a first time poster at lowyat forum, please be nice and polite. Although I havent felt inclined to post previously I do read the forums whenever I need advice on something. Now I'm thinking of getting my first property. Several factors have influenced me to start thinking about getting one/two properties, the need to invest, age (close to 30), not wanting to miss a good opportunity, etc. My income is not a lot, slightly above 5k. I've been looking at southlink at bangsar south (495 to 721sqft, RM400 - 600k++) and duta park residences on jalan kuching (800+ to 1000+sqft, RM480 - 800k++) for own stay or investment, maybe stay in one and rent out the other, maybe rent out both depending on future financial situation. Which one should I get? Ideally would like to get both and submit loan requests to a few banks at the same time. Sounds foolish but mind in BBB mode. Sorry for the long post guys but I'm in a dilemma here.

Property price is now at peak or might go down after government announce measures to reduce its price.

I will wait and research before rushing to buy now.

This post has been edited by jimmybcmy: Aug 17 2018, 09:08 PM

Expert dedected

Southlink has bigger pool of tenant from neighbor offices a d proximity to lrt. In few years, kerinchi be further linked by SPE. and hence my view southlink more flexibility as investment.

Dutapark is excellent if you work in klcity and primarily using car as transport.

Save up and have more cash = lesser loan, 3 years from now, when all the high density projects VP, rental will drop and there will be many eager seller in the market.

Take your pick then and can bargain

My dad also said to save up Won't the prices have increased a few times by then? As developer offers rebate now.

Wonder when will the gahment announce these measures. Hoping the property bubble will burst soon. Southlink is selling like hot cakes. Feels like need to quickly book before it's gone.

Start small.

Dun listen to property gurus tricks on multiple submission. If kena caught tai chai.

Banks may approve yr loans now but may not be necessarily disburse the fund when they ask you again to show bank info later

Good luck.

Don't be conned by property agent's talk.. many property can't sell now and have to offer high rebates, property prices will not increase these few years due to oversupply and overpriced by greedy developers.

Some developers are starting to lower their new launch price and expect more to follow suit.

Southlink is a high density project and u may even get a chance to buy an auctioned unit in 2 years time

if I listen to my dad, I am either a hard labour now, or becoming gangster.

buy one house for stay first. accessibility to public transport always better choice.

This post has been edited by sosobear: Aug 18 2018, 12:00 PM

Buy the one which you can afford without stretching your monthly mortgage repayments. After all, you also need money to live life besides dumping everything into your house.

Buy for own stay go ahead lor. Now even condo’s MOT also ada developer adsorb it. Plenty choices now. Lelong market now also sibeh active.

Buy near lrt/mrt is the key. Save up the car owning cost.

This post has been edited by HELLO HELLO: Aug 18 2018, 01:40 PM

bangsar south

Agreed, but looking at Southview there seems to be many empty units which might imply that the owners are struggling to find tenants. This is a cause for concern.

True, it's really high density and auctions will happen but I'm just concerned that I won't get the unit size that I want.

Hi TS u bought which one at the end?