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Don’t let housing loans bankrupt you

Buying a property is the single biggest financial purchase and commitment that the average rakyat will make in his or her lifetime. Hence, the National House Buyers Association (HBA) can’t emphasise enough that careful thought and planning must be done before taking a housing loan to buy a property.

DONE DEAL: Terrace house in Taman Andaman, Ulu Kelang, Selangor

Noteworthy:

  • Freehold
  • Built up: 2,300 sq ft
  • Land size: 1,760 sq ft
  • 5 bedrooms, 3 bathrooms
  • Fully furnished
  • Nearby amenities:  Melawati Mall, Great Eastern Mall, convenience stores
  • Accessibility: Duta-Ulu Kelang Expressway (DUKE) Highway, Middle Ring Road 2 (MRR2), Ampang-Kuala Lumpur Elevated Highway (AKLEH)

When: February 2022

DONE DEAL: Condo unit at Belair, Damansara Heights, Kuala Lumpur

Noteworthy:

  • Freehold
  • Built up: 2,120 sq ft
  • High floor
  • Unfurnished
  • Nearby amenities:  Plaza Damas, Hartamas Shopping Centre, 1 Mont Kiara Mall, schools, cafes
  • Accessibility: Sprint Expressway, Damansara-Shah Alam Elevated Expressway(DASH), Federal Highway, MRT Semantan

When: February 2022

Phase 2 of MCT's Alira 30% taken up

"Alira is expected to be completed by 2026 and comes with a host of facilities such as a co-working space, a movie and chill-out deck, function pavilion, rooftop sky music lounge and rooftop sky gourmet kitchen, just to name a few," he said.