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 Malaysian millennials give up on home ownership

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BL98
post Jan 19 2024, 10:32 AM

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QUOTE(Johannlo @ Jan 19 2024, 10:13 AM)
Buy shoplot, rent condo.
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This one is expert.

Buying place to stay at young age is a total waste. The property becomes a liability instead of asset.

Better buy a shoplot which can generate recurrent income. Rent anywhere that is convenient and closer to work, then change house when work change. Be flexible and be like water.

If possible, do not buy an expensive condo, ie more than 500k ones just for investment or rental purposes.
BL98
post Jan 19 2024, 04:10 PM

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QUOTE(Boldnut @ Jan 19 2024, 10:36 AM)
1 unit of shop these days is 2million easily. And it is not like developer will build them anymore. They just spam building condo kao kao because it earn a lot more.

Good luck buying shoplot
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That's why shoplot is better, because supply is less.
Everywhere also building new condo, too much supply.

 

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