At that price point better to buy a landed if strictly talking about preventing loss of value.

How much are your parents contributing and will they be moving in with you? That may affect your purchasing decision. If your parents are encouraging you to buy this specific project with a significant cash deposit, then you will have to consider if this house really is for yourself, or your parents just tumpang your name to buy something they want through you (because your age can get long loan tenure compared to retiree/near retirement parents). If like that, you might not have much choice on whether this is good property or not, especially so if you'll be bringing them into the house as well.

If they're just passively helping you buy without really caring about location/project/type etc. AND you do have some conscience/filial piety about making use of their gift money wisely, I would advise either:

1) buy cheaper, but smaller high rise (approx 850 to 1000 sq ft). As you've mentioned that you're only marrying 1-2 years later, a small home is less of an issue until your child (or children) get older. Wouldn't aim for super new launch construction in this case, more important to get a home that you can move in before or soon after you're married.

1.6k sq ft IMO is somewhat excessive for a new family unless you have other dependants (parents etc.) moving in and/or you're 100% sure you're unlikely to move from your job location for a decade or so. For comparison, an average single storey landed is approx 1200 sqft - 1400 sqft for the LAND parcel size, not the built up (liveable) size.

Unless future spouse wants large home AND planning to chip in, no point buying excessively large but burdensome property since you yourself unsure of whether it's an ok investment.

Consider also that a larger unit = more maintenance fees, since your lot is larger so your total maintenance fees per month would be higher. You also need to spend a lot time cleaning and keeping home clutter free, unless you can afford maid.

2) buy an older landed property that meets your requirement for size and location. At that price range, there's still a decent selection out there, just bear in mind consideration of renovation and fixing up older things etc.

This post has been edited by DragonReine: Oct 25 2023, 10:47 AM

A slightly unusual/off-topic type suggestion, but if your parents want to enjoy that holiday feeling and would want to live in the condo in far future, maybe you might want to look into developments that are designed around multigenerational households.

Example of a notable developer in Klang Valley that prioritises such facilities is Sunway, their higher end products often have features like ramp in bathroom shower area, lowered light&fan switches, wider than usual pathways etc. that are more user-friendly to the very young/very old/orang kurang upaya who have mobility issues.

Features like that may be something you want to pay attention to if you expect parents or grandparents to move in or visit often. Not wanting to make assumptions about their current health, but it might be something to consider in the event of age/accidents causing mobility to decline. I previously recommended smaller units to prevent overspending, but smaller units also often have awkward narrow spaces and tight bathrooms which may not be good for mobility/safety.

Good luck with your search!