only if can afford. else 35 yr loan mean u kena lock urself to bank wan do anything oso nod think twice.

i buy so that i can gip to my children later.

even long term loan covered with insurance/mrta/mrtt. so if anythng happen, the insurance will take care of it.

Yup. But u still commit to paying rentals. How is that different?

U still have to pay

This post has been edited by accitzone: Jan 15 2020, 08:46 AM

Yes bro, infamous place for their flyover highway. Literally infront of people's balcony.

yes i saw that too, last time i used to work there and traffic is not as bad. reach office at 9, parking is still available.
now when i revisit the place after 2-3 years away from MY, so much has changed.

flooding, traffic jam, noise and that flyover... how ppl slp at night. that road is just like outside their window. imagine every hour ppl with modified exhaust pipe pass by. lol

luckily i m not working there anymore. really is nightmare for all the owners there.

So better buy land, only land appreciates, house just build as cheap as possible since renovation cost almost as much as rebuilding.
In Japan, house average lifespan is less than 25 years, after that demolish and rebuild, directly save renovation cost and get a new, more modern house.

My condo is only 8 year-old and it's already has leaking here and there, big cracks on walls.

I can't imagine after 20 years.

Agreed, when now our river sand had been sold to Singapore and China, cannot make good concrete already.
Even new house crack everywhere.

In Japan, they would just buy land or demolish the old house (which is easy given their method of construction) and build new steel frame house.
You see Japanese drama companies like Sekisui and Daiwa house sponsor, easier to arrange for insurance policy and finances.
https://www.sekisuihouse.com/index.html
https://www.daiwahouse.co.jp/jutaku/index.html

Usually Japanese just rent at danchi type of apartment or mansion type of apartment depending on their income, once have money or wanted to form family only buy landed house.
Apartments are bought for rent collection after a while they are demolished and make way for new development ie like Marunouchi now.
Apartment or house in rural place or further from station where nobody wants just left there to rot.

Own house better than renting, house prices keeps on rising every year.

Yeah, buy at Bukit Antarabangsa, high class place, good environment, very cheap now.

I have long since decided that I won't waste money buying a house when I can enjoy it for less by renting one.

I currently live in an apartment in Mont Kiara, my estimate is my landlady is actually subsidising me by at least RM900 each month for me to live in her property. The rental I pay definitely does not cover the mortgage payments and she still has to pay for the building management fees as well as insurance.

Malaysia is such a fantastic place, my apartment even comes with its own washer and dryer.

renting for those want to move around

buy and stay one location dont appeal to many

its the future trend

but due to education and stupid parents, die die must buy, then no live from paying all the installments = might as well die.

but you can't deny that older apartment and condos have the best road access

newer one the location is quite cacat or its a commercial title instead of redsidential

Commercial title don't compare to those studio build for rental type lah.
Now rental also quite cheap, I rent One residensi just up on Jalan Alor rent only 2k I paid upfront, furnished even.
I can even rent out parking since I am not living there.
For the asking price of ther market minus maintenance, I don't know how to owner can recover cost.