thanks for the advice

there sound good , need to do much study regarding for tat

I'm not saying real estate is the absolute best way to invest but it is one of the better ones out there.

Stocks, currently unless you can second guess what Xi Jin Ping and Donald Trump's next moves are you better keep your money in your pocket.

There are also too many school of thoughts out there that makes it very difficult to learn other than through years of experience and also with money you won't cry if it is wiped out.


There are several many good reasons for a single storey and many of it very practical reasons. Here are some of the reasons :-

1) It will always be in demand, in this country it is 50% Malay and when they could afford it this is what they would rent especially when there are 3 generations living under the same roof. It will definitely be easier to sell or rent out.
2) Practical, one day you may have aged parents that comes to live with you or you may be in a situation where you can no longer climb stairs, what else beats a single storey terrace house, get out of your car and open your door and you are home. You could say the same about a condo but have you tried unloading your groceries when you live in a condo or a flat pack furniture you bought from IKEA?
3) They aren't being built in big numbers any longer so demand for them can only go up. Tends to be located in more mature neighbourhoods as well.
4) They are usually cheaper to buy than an equivalent DSL house with the same land size. If you are on your own why do you need a 2nd storey? This also means rental yields on them will be fairly good. The lower prices on them won't remain forever though.
5) Cheaper to renovate and modernise. An average 22x70 single storey terrace assuming it is a time warp special to 1970s or 1980s, RM50k should make it to be a very nice house that would be in good condition for at least 30 years and if you know where and how to make your money work harder for you it would be enough to even furnish it. You will need 2-3x that amount if it is a double storey house.


I usually buy a place only with full-flexi mortgage. That Bangsar semi-d for example was purchased by a full flexi 15 year mortgage. Each month the mandated repayments are RM4329. However every month I would pay in RM580 extra towards the principal amount. (From the rental while my dad took the rest)

On the 10th year, it was 4 payments away from the mortgage being settled in full and was remortgaged.

As for what I'd be doing with RM100k? I would definitely be parking money into all my mortgages.


Great, its actually called leverage. Do it while you are still young where you could qualify for longer term mortgages, once you hit 45 the term of your mortgage starts to reduce. Also best to do it when you have income from a job that every month there is a fixed salary especially if you foresee in future you may have to take a pay cut for whatever reason.

Well I viewed it as favouritism

Bjorn1688 always give very good advice (Y)

Sorry if this is a silly one cuz I'm not familiar with mortgage concepts. Just wanted to know more. only Full Flexi can reduce the loan tenure with advance payment. Can we do the same with Semi Flexi loan??

There isn't a 1 size fit all answer as different banks give different meanings to the term "flexi" and now am finding out there are also differences between how a bank defines "full flexi" as well.



As a whole, most if not all with the term "flexi" in it you can do some advance payments to reduce your loan tenure but some now even on a full flexi will limit the amount of payments you could make.

Thanks Bjorn1688 for your valuable advise . Let me do the rest and find out more with the bank.

Ya, the current climate is one of the worst to try venture into stocks. There's no patterns, clear signals to pick up...cuz your future lies in the tiny hands of Trump.

Fully agree. And unless a person's natural with economy, for me, I'd rather put my money into something more tangible while gaining knowledge in a more real space. So, I'm happy for those who are good in that.

Thanks for your insights...does seem to make alot of sense.
I know you've done quite a bit on landed and how it can be worth your efforts...but can I know what you think of aged landed houses in general? They normally require refurbishment or major renovation - will banks/people view it as old in anyway that can serve as a disadvantage? Is there a cut-off age for landed that you will not consider?

Awww... +_+

My advice on buying single storey houses :-

Aged homes, let me get a few things straight first, the only real renovation required as a house ages is to update the wiring and plumbing, both of which these days can be done without costing an arm and a leg. Maybe the roof could do with a replacement and if you do take the opportunity to insulate it as well, it isn't really considered major renovations. Everything else is considered a want rather than a need

I don't really recommend buying a house that has had extensive renovations for extra money. Heard of the term shiny mess? If you haven't what it means is sure you have a nice extension but do you know if the extension was properly built? Sure you have a nicely tiled up bathroom and floors, however do you know for sure if it was properly done? The seller may claim it has new plumbing and wiring but how do you know for sure? The answer is you will never know, hence I would never buy a nicely renovated place at a premium.

As for buying an aged house. If it is a freehold, as long as it is made from bricks in a halfway decent location I won't worry too much about its age. No issues with bank loans. If you get one for investment don't fix what is not broken just rent it out as it is. If it is for your own stay do up the plumbing, roof and wiring first everything else as and when you have extra money to spend.

If it is a leasehold, if you are 30 years old today then the lease must have 70 years remaining. If you are 40 then there must be 60 years remaining. Loans, usually not an issue if it is 80 years tenure remaining, if it is less than that you may face some issues getting loans for it especially if it is less than 60 years remaining, you will find the margin of finance goes down significantly to reflect that the value of the land lease has reduced.

Alright, I hear you...sometimes it's not necessary for our own good.
got you!

Nice location, suites somemore

This post has been edited by rotloi: Oct 9 2020, 11:10 PM