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Financial Wise to dump RM900k on 1st property? Condo

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victorian
post Oct 20 2023, 02:05 PM

Look at all my stars!!!
*******
Senior Member
5,600 posts

Joined: Apr 2011
From: Kuala Lumpur



Let me advise you something.

If you did not earn that pot of money, you will not know how to keep it.

Better for you to just start your first house with affordable housing and work your way up from there.

Having capital injection from your parents will just give you a false impression that a property is cheap, when it is super overvalued.

When you have to use your own money, then only you'll feel the pain of it and make more calculated decision.

 

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