Boss…please la…property in UK is diff from malaysia…here all need cover up one….windows need to do grill like a jail….wall cannot use chipboard de…

Where got same….

Boss, no jokes high rise building management is a big big big issue in near future…

Malaysia baru merdeka 50 years…still not yet see much leasehold title expiry, building rebuild, and management know how to maintenance…

Worst is gov set the guideline but no education…sure all messy coming up

Thanks for paying bank interest on time. Take more loans too.

Signed, bank shareholder. 🫡

as usual
tok kok pandai lah lu

Exactly.
They earn cukup already last time they blow/leverage so much…

Apa tokok?

Which bank?

You try live in KL without a car see see

Uncle check it later no airpod now

You first 10 properties is the hardest

After that it's smooth sailing

Those location you mentioned are slowly declining as well
Next one should be puchong kinrara equine park

We're talking about home ownership or leasehold expiry here? If everything also scared leasehold expiry or building mgmt then no need buy homes lor.

If you can't afford that landed property then start off with something cheaper and slowly build from there la.

When I first started out, I bought a crappy 850sf apartment for RM115k, that was me n wifey first home. We saved as much as possible minimizing on spending useless stuff like starbucks, posh dinners, expensive holidays etc to maximize the repayment, and also utilized epf acct-B further reduce the loan. 10 years later the apartment was fully paid off (loan tenure was 25 years) and we were able to sell it off and used the proceeds to buy our dream landed property. Bear in mind I wasn't even drawing RM5k salary at that time.

Point here is, your first house may not necessary be your permanent home, but at least get something that belongs to YOU no matter how crappy it is. That's because the monthly installments goes to YOUR own property rather than renting and paying for SOMEONE ELSE'S home installment. Then you can consider upgrading when your financials are better. Even if worst case scenario you're stuck and unable to progress much in your career and salary, at the very least you still have your OWN roof over your head.

It very much depends on your mindset and how you plan for your finances, not just whining about location la, quality la, maintenance issues la or leasing expiry la or limiting ownership (I thought we not communists?)

Of coz la, I renovate London Home leh, I sure know my own stuff and mafan stuff. But if you ask me Malaysia, I manatau???? All I know is we all live in Sarang Jail Bifotis! (not my case la, my parents stay desapak, takut aper lel...)

Aiyo, naturally la. But at my stage nowadays, I'll just grab or uber all the way until end of days.

Redevelopment is more common than most realized e.g klcc, TRX, PNB 118, bbcc, kl sentral, pavillion Damansara, etc. As for residential, given locals mentality and culture, >50 years old condo is likely in a state of disrepair, will only worth the value of the land it sit on and lease hold is unlikely will be renewed by all owners.

Historically and prudently, one is supposed to climb poorperly ladder with rising income while keeping dsr below 20%. However, most in this country are encouraged by developers, uuu/bbb and SA agent to jump into bigger and more expensive unit. Hence, many homeowners are financially stretched.

Poorperly price is a product of supply and demand. Until overhang is reduced substantially, price will remain suppressed.

This post has been edited by icemanfx: Jan 20 2024, 06:52 AM

Uncle agree

Demographic change with time and sentiment. Popular and on demand residential area shifted from tmn seputeh, bangsar, Damansara utama, bu, mk to dpc in the last few decades. New money tend to chase new area.

Worldwide, locals tend to move out to suburbs, while new migrants occupy city center. If fewer migrants arrive, city center tend to degenerate.

This post has been edited by icemanfx: Jan 20 2024, 07:22 AM

My pay is 3k plus, I also pay 800 plus for the bezza. Is not like there are better choice.

I lol at this statement. I move to KL at 19. I never own a car until marriage at 34. Heck lesen kereta pun xde. Even today I don’t have a car, guna kereta bini at times. But for my day to day I guna either motor or public transport.

I only get lesen because I don’t feel safe with my wife driving as she has intense fear of insect.

In fact I would argue duduk KL la the best way to survive without a car as the public transport is significantly better than the other states in the country.

lol I disagree but to each their own sebab aku malas nak gado pasal ukur baju di badan sendiri.