Own stay ok, if don't bother about capital appreciation.

BU9 condo, 12 yrs ago my fren bought 1.2mil, now also still 1.2mil.

1. Can further explain "help from parents"? Ayanna is offering 13% rebate iirc, hence no DP required, no acquisition cost too like legal fees, stamp duty etc.
Age doesnt limit your property purchase, your financial profile is. If you're financially well and can afford 1 mil property, why not?

2. If you already plan to sell it in the future, so ignore those advice saying "if you like it, just buy since you're buying for own stay". You must think of the exit plan at the time of your purchase. Not only exit plan, but also holding plan in case you cant sell. Can the rental cover your instalment? I agree to what Bigman bro suggested go for somewhere where chinese population is >50%, the more the better. My condo in Wangsa Maju, despite fetching good rental, want sell also no value, just cover cost only. Prime part of bukit jalil want sell also not easy d, kinrara? err...

3. You're going to tie the knot very soon, go for subsales, look for those completed recently or going to complete soon especially your parents willing to help. Buying new project for own stay is a gamble, everything based on imagination only. And many things can happen in 4 years, you may want to change your plan but got stuck with this.

4. Some say always avoid condo and go for landed, I only agree to a certain extent. I will only go for landed at good location, GnG, freehold and if my family grows bigger. I had been staying in landed for 30 years before I moved to condo 5 years back. Me and my wife prefer condo over landed. Easier to take care, less house chores to take care, facilities for our kid to enjoy, better security etc. 16xxsf is never too big for a family of 2 or 3. I'm staying in 15xxsf unit with wife and baby, just nice. If financial allows, go for bigger unit. Dont be afraid to rent, although chinese always prefer to own a property. I own properties but I moved out from my own property and rent a unit in Park 2 Pavilion, best decision ever. My rental is 50% lesser than the instalment and maintenance charges if i were to buy a unit here. You can rent first and wait for Ayanna to complete, then go see yourself and buy subsale. I believe the price wont appreciate a lot by then but you elimate all the risk.

5. I'm actually quite surprise many say this is a good location. With the upcoming Ayanna and Vierra, and also plenty of vacant lands nearby, you might want to check the access roads during peak hours now and imagine how it's going to be especially rumawip has 16xx units and most of them come with 1 car park.

if you can afford Park 2...then aster just a peanut for you.... unless you buy 2 biji aster 6xxsf to replace 1 biji 7zzsf park 2.... or  5 biji aster 6xxsf replace 1 biji 1500sf park 2....

2 development is totally different league ...one is affordable TOD at Cheras another one is the most expensive high end at Bkt Jalil...

sorry... i dont see any logic behind your cancellation since you emphasis on own stay.... cos aster for me is product more for investment than own stay....

Back to current market, subsales at Aster rather stagnant with few lelong units kick in… but I believe the rental demand is there (rental follow market price ) cos direct attached to MRT…

For the park 2 … rental should be ok as well and unit for 1500sf now can sell at nearly 1.9mil… the asking price over there about 1000psf depend on unit… for unit facing park with balcony … asking price May higher

For gen-x above minded yes. They always go for traditionally bigger house, must be landed and all. But for the current generation, they don't need too much space. More space = more maintenance = more cleaning. Mostly just need the facilities offered by condos. More activities instead of bigger living room (don't even use every space most of the time).

That's the point. Extra large houses will be less relevant in the future, doesn't matter how much money you have. It will die with the old generation. Another example nowadays is the taste for sports car, it's dying.

People will only prioritize with the quality of space, location quality & how tasteful you are with your ID selection (can see its getting started now in TikTok).

There is a trend where the aged parents who are well to do and used to live in big bungalows sent their children overseas etc. Then the children became independent and bought their own properties. The parents passed on and left the big house to their children but none of them want to stay there because they will need to spend money to renovate and/or they will have to buy over their siblings share in the house or simply the house is too big to take care of in their busy lives. Thus you can see many empty bungalows. And buyers of bungalows worth millions are quite scarce.

Someone posted BU or BK? answer depends on where your circle of family/friends are and work place is. All things being equal, BU for me.

Hi guys! Appreciate all the replies and I apologise for not responding earlier as I’ve been dissecting all the inputs on what steps to take next. My loan process is still ongoing, so nothing is confirmed yet.

For those wondering, my parents are planning to invest rm300k as downpayment. I wouldn’t say I come from a very rich family, only slightly above-average. Our family business was kickstarted by my late grandfather who is very wealthy. Yes, I stay in a corner semi-D landed in Melaka. My dad specifically love the idea of condo home because it’s very convenient and gives a holiday feeling.

I will be exploring bk5 and other sub sales nearby from the recommendations of the forumers here. It’s just less than 10 min from ayanna and most importantly - freehold. Previously, I’ve searched for sub sales in bandar kinrara, but I only looked at Jalan TK/DU which was leasehold and I based the entire houses in bandar kinrara as leasehold which was very foolish of me

Stirring my decisions based on the investment side on rental returns and capital gains is not my strongest point, but I entirely believe that landed is definitely on the safe side

Thanks all again for the effort to answer my doubts, I will explore more of BK this week.

900k for that area too high, next time you will sell for at least 1m, which i dont think you have large pool of prospect.
with 900k if die die want condo try get 2x 450k property. you will thanks me later.
if not 900k get landed better.

Why cannot buy both?

Got money...every where can buy...regardless old money , new money, no money, hot money...

Sorry to say you talk like you’re there , if you’re there , you won’t be here . If you’re not there how you know they never step in mamak lol 😂

Property investment is not a short term flipping. 30 years with 5x original S&P value is normal, with the inflation etc. And 60k in 1990s aint cheap, it was equivalent to 200k today.

So now if you see 900k condo, don't think it can't move up anymore 30 years later. Just have to make sure the S&P price is not a future price set by greedy developer (look around). And the location must be correct. If you are not sure, don't ever buy ulu place, either landed or highrise, it's a gamble.

fact:
-TS is just 28 year old - (assume he is senior rank employee earning 4-7k per month?)
-1st home buyer
-need parent help for the down payment (i assume monthly income cant sustain the installment of 900k house?)
-possible already have a car loan (always need traveling around)
-hometown at melaka, need go shah alam/N9 for work
-worry about making wrong decision + asking around his fren for opinion and also stranger forumer opinion (not confident/comfortable with this option)

my suggestion:
-why not try to get a 300k prima/rumahvip if entitle? dont waste the 1st home quota
-hunt subsales, since you have parent support for deposit, really alot of option for you in bukit jalil.
-get a more defensive property (easy to rent out, near public transport, easy access, population is ONG) so you got choice wait for a better price before let go too cheap