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 What to buy for a 200-250k budget?, House or Condo?

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wodenus
post Apr 29 2008, 03:23 PM

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For investment you need a good location. I'm thinking you probably can't get a house in a good location for 250K, so better a condo in a good location than a house in a bad one tongue.gif


This post has been edited by wodenus: Apr 29 2008, 03:26 PM
maxovista
post Apr 29 2008, 03:28 PM

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TS can buy a condo next to Mont Kiara/Hartamas with that kind of budget....a place called Dutamas!
ADRIAN MOLE
post May 5 2008, 01:36 AM

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i've got a DSL 20x75 in Puchong indah going for RM270k. if interested pls pm me.
nnpjj
post May 5 2008, 09:39 AM

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QUOTE(wodenus @ Apr 29 2008, 03:23 PM)
For investment you need a good location. I'm thinking you probably can't get a house in a good location for 250K, so better a condo in a good location than a house in a bad one tongue.gif
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since you mention for investment, bear in mind that for condo to retain its good value, the condo has to be well maintained by the management.
you can look at the old condos in KL, generally i would say the maintainence is quite poor therefore affecting its value.
value for landed house tend to appreciate in time. It may not be a good location today, but 10 years later it maybe, hard to say.
cheer83
post May 10 2008, 10:29 PM

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i dun think buying landed propery is as good as condos or apartment...reason: landed property surely need to renovate b4 moving in @ estimate of price (RM30k) for renovation...
if condos maintenance charges is RM300 per month, RM 30k can be reserved for 100 months (8 years)
in terms of renting, condo is easier to find tenant than landed property.
starbucks_2008
post May 11 2008, 08:56 AM

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Just curious, will the maintenance fee of aprtment/condo ever go up?

Come to think of it, if one buy a house that is far away, it is cheap. but what about other indirect expenses eg petrol, toll for going to work.
cheer83
post May 11 2008, 11:51 PM

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some normal terrace house also need maintenance already ...maintenance fee include many things..f

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