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 Buying a property in 2023, Please advise and discuss!

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zstan
post Jan 3 2023, 09:30 AM

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is your workplace location permanent though? own business? how sure are you that you wont change work few years down the road.
zstan
post Jan 3 2023, 10:09 AM

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QUOTE(mini orchard @ Jan 3 2023, 09:45 AM)
During my early days in KL, I lived in Cheras. Never like the place and couldnt see myself rooting there.

So decided to shift to a new locations which is much further from my working place. Initially, it was difficult trying to settle down but soon things were back to normal. Got a new job nearer my new home and the rest was history.

Never regretted the move and most important, the property prices also appreciated.

Conclusion ... is easier to change job than to change a property. As human, we are mobile and flexible, so moving around is no issue.

Those migrated are good examples.
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QUOTE(Prismo_Ultra @ Jan 3 2023, 09:51 AM)
Opps sorry, should be 5-8%, sorry for wrong calculation. 15% is a bit too much. LOL.
Ya currently surveying with one of the very helpful existing owner from the project.
True, if for newer projects and the young owner is taking 35yrs loan, that might be the case, similar to my current condo, if i sell at current market asking price, i need to top up 40-50k for loan outstanding, MOT, agent comm and etc.
Not own business, but for my wife, her potential workplace is mainly around that area, Bukit Jalil. For me, i am ok as my time is flexible, any location would do for me.

What i would like to have is shorter travelling time for my wife and education options for my son in future. My current location is quite bad and limited on this, got to admit i made a wrong decision for my first property. sigh. But good thing is, high rental demand here and the rate also acceptable. So, still can rent it out to lepas tangan.
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agree. that's why you should move based on you liking that area and the education options for your son maybe but definitely not for work reasons unless it's own business.

 

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