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Investment Could I buy an RM 150K apartment with just RM 5K, RM 5K of downpayment - Future Plannings

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Savlon
post Feb 26 2009, 01:29 AM

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Pai has a legit point.

If you have only 5k savings you shouldn't be buying a property. It's rather risky and with the current economy climate, it's not advisable to commit on big purchases like a property.

I would say 30k would be the minimum, to be on a safe side.

 

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