I save some money but I'm not sure is now the right time for me to buy a house. So may I know when or how do u know u are ready?

I believe I have enuf money to buy one but I'm not sure why am I getting one for.. u know what I mean. I guess it's time for money to work harder instead of parking on fd.

This post has been edited by choice: Apr 11 2008, 11:46 PM

[quote=tinkerbel,Apr 12 2008, 12:02 PM]

I see no harm for TS (he said he has the $) to start investing in a property. From what I read, it doesn't look like he has intentions to shift into this new property - but should he decide that he wants to in future, he can

- Just like thinkerbel said as for time being or within 5years I won't be moving in. I would like to invest property that I might be moving in the future.

[quote=dreamer101,Apr 12 2008, 07:05 PM]

This is not like buying RM1K worth of UT or stock. The amount of money involve is a lot bigger.

- Actually I quite regret after investing in UT.



I like studio apartment around town area. Also I think its got potential and will probably increase in value in the future.. So since its both what i like and have investment value.. i think its a good choice for me.

But the problem is my income not stable and I don't like the idea of borrowing money from family member. So I guess I need more than 70% before I can commit.

This post has been edited by choice: Apr 13 2008, 04:46 AM

I already save 60% of what I first planned. But with money I save I don't think I can get a good location. I guess I'm more into location than the size of the house.

This post has been edited by choice: Apr 13 2008, 05:48 PM

Come to think of it I guess I only have 25% - 30% for the location I really want. I need to save more due to my income unstable. Thank you for all your advise.