Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Malaysian millennials give up on home ownership

views
     
submergedx
post Jan 19 2024, 02:17 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
My ex-boss grandfather sold land to UEM Mont Kiara 15years ago.

UEM acquired the land and gift 20units condo to my boss.
Each of them are worth atleast 1m at market price.

This is just one of their trophys.

And yet the boss say we all cha siew laugh.gif laugh.gif laugh.gif laugh.gif

This post has been edited by submergedx: Jan 19 2024, 02:18 PM
submergedx
post Jan 19 2024, 02:18 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
QUOTE(geforce88 @ Jan 19 2024, 01:20 PM)
rent and subscription = the future
*
developer jiak sai then
submergedx
post Jan 19 2024, 02:32 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
QUOTE(marfccy @ Jan 19 2024, 11:55 AM)
i dont think so le, nowadays most modern condos are already like at least 700k if mau those 1k sf kind + decent location

studio still workable but you need at least 400-500k even unless rumahwip kind

for an avg joe assuming earn 4-5k its too damn tight ed unless sacri lifestyle
*
average joe has average living lifestyle
A condo with 700k+ is not average joe living lifestyle
submergedx
post Jan 19 2024, 02:35 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
QUOTE(JimbeamofNRT @ Jan 19 2024, 02:33 PM)
+1
studio u stay alone can lar. but until when one wanna be a slave staying in so called affordable RM450K 550sqft pigeonhole?
*
wei that is almost 1kpsf, mana affordable ranting.gif ranting.gif ranting.gif ranting.gif
submergedx
post Jan 19 2024, 02:49 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
QUOTE(JimbeamofNRT @ Jan 19 2024, 02:39 PM)
actually many pricing now lagi gila than that. 600 sqft pigeonhole asking for rm500K+, not even in the middle of jalan ampang pun  ranting.gif

all these are just fake demand/supply shit hyped by devs whatever lah I tell you. devs make smaller studio with insane price tag hoping that waterfish will buy 900/1000 sqft with 2-3 rooms at inflated price of rm700K and above

then janji the moon the star sure got ppl rent at rm2K-rm2.5K for 600 sqft pigeonhole
*
True, even DPC Noora also building 600sqft now

Although their strategy targeting young, Noora for sure not for average joe, more like T20 young Joe laugh.gif laugh.gif laugh.gif laugh.gif
submergedx
post Jan 19 2024, 02:54 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
QUOTE(kerolzarmyfanboy @ Jan 19 2024, 02:51 PM)
sembang **** that mujaheed... sure I could get the rm300k unit from the affordable housing programs like Rumawip/PR1MA/etc.. but most of the projects are not located in fairly strategic locations (like far away from schools, markets, LRTs, etc)

but in all honesty, i'm just not brave enough to take away 50% of my current income just to pay off commitments.. 35-year long commitment at that
*
Cheap and Strategic locations(expensive) are not equal, choose one.
submergedx
post Jan 19 2024, 02:57 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
The actual solutions is always encourage the young to earn more.

Invest in themselves, create more value, bring more oppportunities to the table.

That's how you millennial own your house.

This post has been edited by submergedx: Jan 19 2024, 02:58 PM
submergedx
post Jan 19 2024, 03:12 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
QUOTE(kerolzarmyfanboy @ Jan 19 2024, 03:04 PM)
for normal, private housings, sure
but considering it's a social housing program/schemes, shouldn't the location be more accessible to those facilities? at least that's how japan did it for their social housing programs
*
Agreed. But Malaysia did not value city planning expertise.
They are more like capitalism at priority.
submergedx
post Jan 19 2024, 03:38 PM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
Dont blame. Let's work hard Millennial. Someday these boomers going to die and one day you'll own your first house.

Cheers.

 

Change to:
| Lo-Fi Version
0.0147sec    0.43    6 queries    GZIP Disabled
Time is now: 14th December 2025 - 04:09 AM