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 How would you choose?

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TSgocawesome
post Mar 27 2019, 04:08 PM, updated 7y ago

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bigger house 3R3B, 1082 sqft (means more money to be spent on furnitures/renovation)
high entry cost (around 10k)
lower monthly installment, including maintanence fee (1600+/-)

or

smaller house 2R1B, 656 sqft (less money to be spent on furniture/renovation)
low entry cost (2-3k)
higher monthly installment, including maintanence fee (1800+/-)

This post has been edited by gocawesome: Mar 28 2019, 07:03 AM
TSgocawesome
post Mar 27 2019, 06:45 PM

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QUOTE(MeToo @ Mar 27 2019, 04:12 PM)
Too little info to make a decision.

What is the purpose
what is the needs
how many staying
what is the financial situation
etc
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QUOTE(Johnhun @ Mar 27 2019, 04:43 PM)
buy for staying? got wife/girlfriend? planning to have kids? or buy for investment?
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QUOTE(Bjorn1688 @ Mar 27 2019, 05:45 PM)
Are they both in the same neighbourhood?

Seems they must not be apple to apple as there must be something else the smaller place is offering to be more expensive.
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it can be both for own stay and investment, depending on the situation.
if for own stay, for the time being it is only for one person. no plan to have kids within 2 years from now.
no problem based on the financial situation. though if paying 1800+/- monthly will left me with lesser money for other investment/lifestyle (i put 2000 as my max limit for monthly installment)
bigger one is at bangi avenue, the smaller one is at southville city.
TSgocawesome
post Mar 28 2019, 07:12 PM

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QUOTE(naqib0307 @ Mar 27 2019, 07:55 PM)
Both place also macam not worth for investment especially the southville. You see lelong for southville macam non stop one. Soon another section i think is cerrado will vp.
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QUOTE(Bjorn1688 @ Mar 27 2019, 08:45 PM)
Find somewhere better.

Do you follow the Property Talk section? You should try counting the number of auction properties at Southville City.
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i see. but if for own stay, do you think its good (for both area)?

This post has been edited by gocawesome: Mar 28 2019, 07:13 PM
TSgocawesome
post Mar 29 2019, 06:36 PM

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QUOTE(naqib0307 @ Mar 28 2019, 09:54 PM)
As one of the forumer said. Why do you think it is good for ownstay but not good for investment?

For example, one of the reason that it is good for investment is location, appreciation and etc..
If it is not good for investment but you think it is okay for own stay that means you are accepting the bad reasons that it is not good for investment. These are just some of the reasons.
If you really are okay to stay there with all the reasons that it is not good for investment then you should proceed with your decision. Some people insist on buying in certain area because they are really familiar with that place (grew up there, study there, family is nearby). If you want to try, maybe u can rent there first. A lot of unit going for rental there can get below 900 also. try staying there for awhile. If you are okay, go for the lelong units. Dont worry, there's a lot of it lol
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Thanks for the input. Appreciate it. Though I'm not familiar much with buying the lelong unit. From what I read it is quite complicated haha
TSgocawesome
post Mar 29 2019, 06:43 PM

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QUOTE(naqib0307 @ Mar 29 2019, 06:38 PM)
You working in bangi?
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Currently nope. But I planned to work and relocate there one day.
TSgocawesome
post Mar 31 2019, 08:08 AM

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QUOTE(naqib0307 @ Mar 30 2019, 03:50 PM)
Based on your statement. "Planned to" and youre currently not working there, it sounds like you are planning to invest there. It is not a good prop to invest in. More units coming soon. Not sure how low the price will be soon.

you can refer to this thread

https://forum.lowyat.net/topic/3692194/+1360
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