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?

Old folks, moving as minimum as possible is a priority for me. Plus, after paying off loan, I intend to use the rental for my parents. Owning 2 houses for rental income to pay for an own stay rental seems, pointless for my current condition.

Rumah wip requirement is not have any property.

No, I think it is not ethical to do so by selling current houses just to buy one that is meant for those who really need it.
Anyway, I wish to buy a unit that is convenient for my parents, not just affordable.

https://www.propertyguru.com.my/property-li...ny-tan-41590502

Too good to be true?
Freehold, mid alley, dual key.

I work in oval TTDI, but I don't think I'll live near there. I can take train to work.
NSK in Jalan Kuchai Lama is my mom's favorite.

I have thought of selling the rental unit first, use the money as deposit to buy a new one. Move in, then sell off the remaining one to help settle the loan.

I agree with epf. However, the capital appreciation is a plus point on owning a property compared to epf. I tjink I would be at a worst situation if I dont have these 2 houses. After this, I think I'll just put everything in epf if I can get a dual key to rent out the studio half.

They didn't ask to move. This is my initial thought. I assume half a year is reasonable.

Yes, I think I won't be getting the same appreciation these days compared to back then. My father bought the first one with just over 70k back then. The second one was just over 100k. I think there will still be appreciation, but not as favorable to consumer.

I'm not really in a hurry to buy at this point.

I'm not getting 400k loan.

Thanks for the suggestion. For those looking to buy a ground floor unit in low cost flat. Don't do it. As there is limited parking for motorbike, most people will just park right next to your front door. They don't care about noise or exhaust getting into your home. There is even some people use ground floor unit as gas tong storage space to sell to those road side warung. If got fire really don't know go where to look for justice.
These are just some of the reasons I wish to move my parents to a better living environment.

Mine are very easy. Widow, rental paid by some religious organization.

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.

Thanks, if I can't sell at 210k or above, will consider hold for a couple of more years. I am currently aiming at the old Sri Endah condo. Heard got a few dual key units at around 300k above. OUG area is good also.

That's the idea. Sell 1 first for deposit, buy a dual key, sell the other to pay the rest, rent out the studio.

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