yet another one that think that way which again leads to bankruptcy

RM1.5k per month which means household income need to be AT LEAST RM4.5k per month
that's just the mortgage

not yet including fire insurance(most basic), cukai pintu, renovation, downpayment, stamp duty
some are one time cost which u need to pay upfront, some are yearly payment

unless u really just wanna buy a 4 walled brick only

same as buying a car, it's not just the car alone...there is a whole lot more cost behind the scene waiting for you

This post has been edited by MR_alien: Yesterday, 04:48 PM

Yes buy Honda city but salary only 1700.😅

No one ask you to buy house once you graduated from school

If you rent also you need pay the similar amount. Perhaps a lesser commitment

Prepare a 20% upfront for fees and minor renovation. If a couple worked for 5 years should be able to afford that

again, you're thinking malaysia as a perfect world but it's sadly not

there's a reason why people keep going to withdraw their KWSP which we all know they shouldn't
these people don't even have emergency fund, they can't even fork out RM500 if you ask them to now(for whatever emergency)

BNM even revealed a very high percentage of malaysians has zero savings

so now, it's never about when....my answer is you're never gonna be able to afford it in your lifetime if you wanna be super realistic about it else you're gonna suffer for that 30 years just because you wanna buy low quality brick

i bought my first house 10 years back, around 500k+ new launch, with 4k salary, need to prep 20% downpayment + around 100k for renovation. Monthly installment is around 1.7k for 35 years

ada loan means they are able to pay wor, semua cantek

with guarantor

and welcome to Malaysia


even some car salesman they claimed they can "cash-out" 60 100k from you provided your ccris look healthy


which meant u "buy" the car with higher loan ; then take the "profit" out ; maybe sub it out to rental company or self drive

once upcar then all die

This post has been edited by fantasy1989: Yesterday, 05:40 PM

Any female with good look n body doing freelance?
Pm price

Got such thing happening ?
Looks interesting and will open a whole new shit can

They trying to follow lifestyle of their idols - corrupt politicians and influencers....

Sendiri use kawkaw padan muka now for those utilize $$ over capabilities

must be many young dude mistaken buying converted lexus LM

also bankrupt doesnt really mean he/she bankrupt.. just technical only

i know a bankrupt boss, he park all his assets under wife

only downside is cant travel overseas..

It was 10-15 years ago

Property is 20 years loan game. In that period anything can happen. They took a gamble and loss, if they played few years earlier they probably already won in life

Ok wat, if pay off loan principle,can pay off by 10yrs,that's wat I did n 2nd house stretch longer 15yrs

After covid everyone want to do business. Dont want stable 9 to 5 job.

What sorcery is this? Do u have any idea how they do it? Hire purchase interest is still flat rate for now. This is borderline suicidal

They cant have large debt if banks dun approve loan to them…

Unless they go compressed loan else bank also at fault for approving …

We always blame loan shark but not the borrowers … in this case we shall blame banks also

How a man gets poor?

Level 1: Buy car
Level 2: Get gf
Level 3: Buy house
Level 4. Get wife
Level 5: Have children
Level 6: Midlife crisis: Have expensive hobby
Level 7: Midlife crisis: Buy expensive car/watch
Level 8: Midlife crisis: Risky investment/Scam
Level 9: Sick
Level 10: RIP

This one last time very much people do. Now ,sorry won't work as banks all link system and can see your payment and debt ratio.
Business loan ,bank will see your company performance,if they feel you cannot cover 😅,they will cut your credit score and recall loan ,make loan terms shorter with higher interest etc etc .
Sometimes they also see husband financial status.

My friends recently applied for corporate loan ,apply 200k but you know how much bank approved ? Rm15k shja.

Of course got 3th party help you build up your credit score by issues you salary and also pay epf(their abc shell company). But I heard is not cheap , as they will take 20-30% cut from the loan approved.