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Financial Wise to dump RM900k on 1st property? Condo

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PAChamp
post Oct 20 2023, 01:01 PM

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At 900k, landed bro , get landed...
PAChamp
post Oct 24 2023, 10:42 AM

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QUOTE(redondo88 @ Oct 23 2023, 11:14 PM)
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).
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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.

 

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