Personally I would just find another place...

But since you're like having very tight financial....

No choice, need to stay put first before you get better financially...

Old condos, don't waste time doing renovation... Not really worth... Because another 10 year sure another bigger problem.... Condo is not for long stay... 30years max after VP...  Which all major problem would pop up... & Burnt your pocket

Wahhh..

I put around 30 year...

Your 15 years.... Give chance boss 😜

But basically yeah.... Condo not really good investment... More cost to maintain after certain period... Issues here there...

only those at prime location shine, like those old building in Damansara or mount kiara. The sinking fund will use to repaint the building every 10 years.

Most of the other area same as you mentioned, last 10-15 years only, some management run away with the money.

Old condos in Mont Kiara and Bangsar still cost a bomb though

Do you have any of the project names for the RM500k condos? So far the ones I found is minimum 700k.

Ya Maintenance Fee is something to look out for.

Thank you kindly

for old condo actually maintenance was verry low. Normally just RM2xx per house or 0.2 per sqft despite having a bigger size. Old day the unit are almost all similarity in size hence the fund can divide equaly.


The new launch condo mostly come with variety of size (studio, 1+1, penthouse, 2+1 etc), only the small unit get the benefit while the bigger layout pays for the higher price.

Also, some equipment the developer specific put in under a specialise company like pool pump system, water filter system, gym equipment, solar panel. Some seem didn't last long, and oddly the warranty was given only a short period    (suspicious).

Same goes with tiles, certain tiles /facade treatment need specialist contractor.

So, unless the community plan to change the system itself (which is more costly), it's just having to stick with the same specialist/maintenance contractor.

Even old condo 1700 sft2 maintenance fee at damansara is just around rm360..

How long will you consider the building is old? Maybe location factor or building age factor. If during 2010 usually developer will pick the tender will low initial cost but high end cost when changing the spare parts.