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 Is it a good time to buy a house in 2022 or wait?, Looking for advice in 2022

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MasBoleh!
post Nov 6 2022, 10:02 PM

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From: MYBoleh.NET
QUOTE(Roadwarrior1337 @ Nov 6 2022, 09:14 PM)
With that kind of income scale i would suggest to rent first until you grow your income to an amount that u can buy confortably

Reason is there are many hidden cost to buying a house. Cukai la, maintenance la, alam flora la etc
Best pay flat rate and save and invest the money
I feel i made a bad decision with buying a house. Shud have rented and saved the balance

My current house mortgage is 3.4k wherelse rental is 1.3k. Thats like almost 160 percent difference

Haih lagi pay maintenance fee , alam flora, electric, internet, water, sinking fund all shit average out to almost 4k per month
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You didnt buy for ownstay but for investment, nowadays properties investment are high risk due to what you mentioned, a lot of hidden costs and also due to high mortgage payment too, which means rental insufficient to cover.



 

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