Hi Guys! Need some input and wise opinions from all Property Sifu out there. Need to make decision fast on which one i should go for. The comparison of property as per below:

House 1
- Undercon (but no progressive interest. Only start pay when get keys)
- Freehold
- New building, nice modern design, reputable and famous architect
- SPA price RM380k (loan amount around RM352k)
- RM460psf
- 2 rooms
- 830 sqft
- Exclusive, only 5 units per floor
- Location in Putrajaya (near government quarters, government offices, walking distance to Beautiful Park and not far away from new Putrajaya MRT but not walking distance need to take bus). Area very calm not much traffic.
- 2 parkings
- Facilities: Swimming pool (each block has 1 pool of its own), gym, basketball court, jogging track, playground, surau
- Free MoT and Free SnP Legal Fees

House 2
- Subsale, 1990s building but well maintained
- Leasehold around 70 years left
- SPA price RM420k (loan amount RM390k). 10% waived (discount 10%)
- RM411psf
- 3 rooms
- 1020 sqft
- High unit 4 units per floor only
- Location in Kuala Lumpur (near Bangsar South, Bukit Gasing/Lembah Pantai Forest Reserve, many corporate offices & KL Gateway Universiti LRT but not walking distance need to take bus). Area quite packed and busy.
- Facilities: Swimming pool (big size with waterfall, gym, laundry shop, tennis court, squasy court, surau, cafe)
- Need to pay MoT, SnP Legal Fees

Investor or ownstay?

if investor, check population growth of area (to know how many potential tenants might be), distance to amenities and offices/universities (key interest points for most tenants), and whether average rental prices in the area can cover the costs of house

if ownstay, based on distance between yourself and work, and whether size + environment suitable for your lifestyle and habits

my personal dua sen is House 2 would be for better both ownstay and investment, as bigger house and the location more central, being an existing subsale means you should have a better idea of rental prospects (for investment) and surrounding population (both investment for tenant profile, and ownstay for neighborhood )

since both are highrise (strata), leasehold vs freehold doesn't really matter usually since it's rarely a permanent home for most people (unless you're the type to prefer strata highrise living), about the main difficulty is that transfer of title during sale can take several months longer compared to freehold

This post has been edited by DragonReine: Sep 21 2021, 06:38 PM

Why the two extreme locations ?

Unless you want to reveal the condo names, maybe more info (pro and con) can be provided by forumers which is also important in your decision.

For whatever reasons, some condos have poor public perceptions, so for any newbie, is easy to buy but difficult to sell later or to rent .... unless is cheap.

For Hse 2, what is the reason for the waived 10%? Is it your idea to mark up the selling price ?

House 1 is nearby workplace. House 2 although not near workplace but nearby city centre and many corporate offices.