Asked by p***@hotmail.com
Should graduates at the age of 23-24 purchase their first property at such a young age if they have the ability to do so? Always heard that you should get your first property as young as possible, but what's the rationale behind it? Others would argue that try to keep your commitments to a bare minimum when you're at the early stage of your career.
Besides that, if I'm looking to purchase an under-construction property which will be completed in Q4 2025 (RumahWIP 550 sqf around RM270,000), is it acceptable if I have the goal to increase my income, and when I get the keys in the future 3-4 years, I will have the ability to kinda upgrade to a better property, and rent this current property out? Or will you suggest that I should keep cash on hand and wait for a few more years to directly choose a bigger and better property, because then with the savings amount I have, I will have the purchasing power to select which property I like, and I will be clear which area will I be settling down at that time?
However, the property prices around PJ might be increasing for the few years later, so I really hope that you could advice me on this!
Besides that, if I'm looking to purchase an under-construction property which will be completed in Q4 2025 (RumahWIP 550 sqf around RM270,000), is it acceptable if I have the goal to increase my income, and when I get the keys in the future 3-4 years, I will have the ability to kinda upgrade to a better property, and rent this current property out? Or will you suggest that I should keep cash on hand and wait for a few more years to directly choose a bigger and better property, because then with the savings amount I have, I will have the purchasing power to select which property I like, and I will be clear which area will I be settling down at that time?
However, the property prices around PJ might be increasing for the few years later, so I really hope that you could advice me on this!
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