Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 New Condo OR Landed Subsale

views
     
mini orchard
post Apr 6 2022, 12:57 PM

10k Club
********
All Stars
14,511 posts

Joined: Sep 2017
QUOTE(L7E @ Apr 6 2022, 10:11 AM)
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  biggrin.gif  thumbup.gif
*
Landed ...not necessary that 40km+ unit.

In another 10 years, landed will be +50% current price
mini orchard
post Apr 6 2022, 05:58 PM

10k Club
********
All Stars
14,511 posts

Joined: Sep 2017
QUOTE(L7E @ Apr 6 2022, 05:30 PM)
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.
*
There are areas that meet your budget. Just need time to survey. Dont rush into buying. Cont renting for the time being.

 

Change to:
| Lo-Fi Version
0.0156sec    0.74    6 queries    GZIP Disabled
Time is now: 30th November 2025 - 10:03 PM