I have been living in walk up flat almost my whole life.
In recent months, my father fall on his head and had a minor surgery. His memory is very much weaken and is too weak to walk. My mother is very old as well, although still considered strong at her age, she needs more time to climb the staires. Thus, I wish to buy a lift apartment to live with them. My salary is around 3400 basic before deductions, my monthly after deductions total is around 3600 to 3800 plus 750 rental income.

My family is living in a walk up flat in Sri Endah worth around 160k to 200k, and I have another one in Sri Kembangan worth around 200k above. I plan to sell that one, and get a loan to buy a 3 rooms lift apartment in KL with good convenience such as market, shops just on the ground floor, less than 1 hour drive to government hospital, train station. After we move in, we would be renting out the one we are living in then.

Another option is to sell both houses, get a dual key, and rent out the studio unit. But doing so, might need to rent outside during the transaction period.

I have a few questions, should I engage an agent to help me do all these transactions and loan application or DIY? What will be the price difference? I can't afford to gamble on this, so I am more toward completed unit. Is this way more expensive? Is it near impossible for my income?

if u ask me

with 4K+ income living in KL

best if u can be debt free at earliest point in your life as possible - by selling both houses u can get a decent condo in KL

you only have to deal with the assessment and maintenance fees only

Now when I want to sell my old house... Lots of competition, low demand, economy no good people can't afford. Cannot sell so high price...
When I want to buy a new house... All sold out, left few units only, early bird until end of this month only. Price cannot be cheaper anymore..
Haih.

lol how can it be lots of competition and low demand yet when you want to buy all sold out?

Clearly you have not visited enough properties.

It sounds like your current flat can be rented out easily? Rental paid by religious organization? If rent is secure but so hard to sell why bother?

If both flats can give 750 each, that’s 1500 already. With a dual key and renting the studio out for 1000. You’re already covered, so why bother selling the flats? Makes no sense to me.

IMO for own stay, subsale always better because you would be able to see who are your neighbors, feel the vibe of the place, and experience the actual living conditions. These are especially important for families.

Edit: and these days where got ppl buy property pay deposit one. New ones all 0 money down. Subsale.. Walao need to teach? Ask the agent la they will tell you. Just tell them don’t want pay deposit want full loan.

At my age, very unlikely can get 100% loan.