Hi sifu and forumers,

Some info:
- 30s, married+ kids (below 7yo), recently moved to KL due to new job - WFH until now and company already stated hybrid as policy moving forward
- selling 1st house bought in 2015 and stayed from 2018 in previous location - buyer already signed S&P (revenue around 90k+ after settlement)
- Single nett income 10k roughly. after sell 1st house only have car loan (myr 630 - not even start yet. P2 delivery like @#$%$)
- ptptn + medical + hibah = myr 750
- savings + investment 40k (not including gain from house sale above)

With information stated above, I would like to get advise to help me making decision for acquiring the correct property.
I only have few yours left eligible for max tenure

Option 1:
- Freehold Condo in KL (700k include MRTT)
- monthly 2.5k + maintenance 250++
- VP mid to end 2025

PROS
- no need to spend upfront for DP, legal, etc. due to new project (only pay 1%)
- closer to work (<20km), can commute via LRT
- kids already start school, wont need to change school if move to this place later

CONS
- need to cont. rent until get VP + consider time to reno
- CONDO vs LANDED for kids, they already get used to landed house
- other CONDO cons (car park distance, noise, etc.) but mostly not a problem to me or wife, just less convenience

Option 2:
- Freehold Landed Double storey g&g Selangor (750k) not include MRTT yet
- no idea monthly + maintenance yet. estimate 3.1k max

PROS
- LANDED pros (no explanation needed i think)
- can move immediately (new bare unit) bar some renovation

CONS
- need to fork out up front for DP, legal, etc.
- need to commute to work(40km+) I hate this
- kids need to switch school

Appreciate any comments / advice. Thanks

Office in Bangsar and my wife is not working. Full time hw

I'd missed something important, we already rented a place here in KL nearby LRT. it's a 1+1 tenure agreement (tenant option).
The objective is to buy own place

Thanks a lot Miyakochan. Yes I think I'd already made a decision unconsciously or at least had a direction on which option I would like to lean into.
But we never know because only able to see from own POV. Sometimes other ppl opinions would help change that and could potentially steer it into another direction.
Nevertheless I appreciate your input

Yes I used to do it hence why I hate it so much! No more long distance daily commute

you are right. to be honest this was what I suggested to my wife. Just rent first and build up savings + investment.
Current place also not too bad other than it's quite old.

But on the other hand, I'm worried that the property price will keep increasing and would be more difficult to secure loan (or unable to get more favorable terms). I will definitely consider your suggestion. Appreciate it sir!

As far as I've surveyed, there are really not much options for subsale within my budget which also met our requirements and within distance that i think is tolerable.

Nevertheless Im not too familiar with KL yet and most likely I'd missed out some areas which could be suitable.

Yes i forgot to mention this in initial post. Currently renting a condo and definitely will consider this option too. Thanks 😁