Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Fear of buying house

views
     
MrBlackie33
post Nov 12 2020, 10:52 AM

Shhhhhhh
*****
Junior Member
834 posts

Joined: Apr 2017
QUOTE(Maria Takagi @ Nov 11 2020, 11:51 PM)
Let me share my fair share of property fumbles:

1- I applied for Bandar Utama house, waited 2 years, then they offered me this 2 1/2 storey house for just 530k. I passed because I only had 3 years work exp at that time, with salary 3k.

2- I saw one condo being sold for 250k, was persuaded to buy 2 lots, but decided not to. I only bought one, and furnished it, rented it out for 5k. Then it dawned on me, why the heck I didn't buy 2 units ? I heard one crazy lady bought 5 units and rented them out. Shucks I was so stupid, years later, the condo is worth 750k and they built the MRT right in front of it.

3- Another condo was offered at 500k. I was contemplating to buy or not. Then shucks I didn't. but the value went sky high to 1 mil.
*
which year was this? BU landed 530k dayummm

well cant blame the hesitance of first time home buyer in decision making, nowadays full of property bubble theory
MrBlackie33
post Nov 16 2020, 09:30 AM

Shhhhhhh
*****
Junior Member
834 posts

Joined: Apr 2017
I was quite hesitate to buy my 1st house initially as well like TS, lots of property bubble news circulating around, too much negativity from those friends who said why buy house la just rent la.

but then i was convinced by my dad at the end of day, he is a real example why buying a house isnt a burden in a long run provided the price is within ur means. Out of 7 properties he owned since 10 yrs ago only 1 sold at stagnant price (its a commercial lot at low end klang valley suburb neighbourhood), others are able to rent out all year long or sold at double/triple the price.

The keyword is buy within ur means and choose a decent project with gud resident profile/location.

 

Change to:
| Lo-Fi Version
0.0132sec    0.62    6 queries    GZIP Disabled
Time is now: 11th December 2025 - 11:23 PM