Why everyone think that 25yrs house you need to replace everything incl tiles and plaster ceiling?

If not money buy house 1st n the rest do later lah..

You think your neigbours all overhaul the houses every 25 yrs?

Yeah, I have lived in a 30 year old house before. The roof need a new tile or two once in a while. But overall everything is still fine.

I believe the reason why people want to replace things is because the design of the fixtures are old and dated, and want everything to be modern because renovating it after moving in is a big pain in the ass.

That old house looks pretty bad. So expensive for old leasehold house?

I believe most people would love to move to a house in "new" condition... I dont see the problem if budget is not a constraint. And it will be difficult to renovate after you move it.

There's a couple of things to consider.

1. Is the old house in a G&G area? How about the new house?
2. Is the cost of the old house + renovation fees much higher than the new leasehold house?
3. Would RM150k renovation + RM100k to furnish the house be a huge burden, compared to just spending around RM100k to furnish the new house?
4. Typically, developer offer huge discounts on downpayment and legal fees (most of the time it's zero nowadays). For the old house you'll need to fork out around 5% of the price for stamp duty, legal fees etc etc. Have you taken this into account?

3.5% increment pa compounding for next 20 years.