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House Hunting

May 20th, 2010 Posted in Business, Investment

One of our goals is finding a nice property nearby our work place.  Not so near the city but not so far either.  A colleague of mine has related his experience in building his own house to the point that he can write a book about it.  I guess there are pros and cons in building your own house.  If we managed to get a small lot, we would build one ourselves.  But land is so hard to come by these days.  The other option is to find  a built-up house.  The price of residential properties these days are ridiculously high.  For example a 1600 sqr foot house will normally cost at at least RM320K.  That’s just to much.  Your credit reports must be in order to obtain a housing loan too. The next option is to find an older house that has bigger area.

  1. 5 Responses to “House Hunting”

  2. By ben on May 23, 2010

    And why the bubble hasn’t burst yet?

    Reply

    disney reply on May 24th, 2010:

    I hope it does soon…then again..if it does there would pros and cons.

    Reply

  3. By Lorna on May 23, 2010

    Been doing my own “window shopping” on KK houses lately too. I agree they’re ridiculously overpriced. Just another 10-15 kms off KK (Inanam, Menggatal, Lok Kawi) and the prices are slashed by half. I’m still waiting for that bubble to burst like 10 yrs ago when it did.

    Reply

    disney reply on May 24th, 2010:

    Yes the price are so ridiculous.

    Reply

  4. By ben on May 24, 2010

    Lorna, 10 years ago, when the bubble burst, prices went down by how much?

    Reply

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