Before you jump into buying a property, there are many many many things to consider... and mind you, I would try to summarize here and there, but the many different things to consider... is beyond just the mortgage loans, downpayments and property prices, and of course, the property itself.
Before making a purchase, do calculate the total expense of the acquisition. This would include stamp duties, mortgage and loan charges, solicitors'/lawyers' fees, maybe insurance and so on. There will be many banks willing to lend you money - so do scout around for the best deal, and select the deals/packages with the appropriate payment amounts and methods.
Traffic congestion in Puchong.
I would always encourage my friends who come to me for advice to scout the local surroundings. Places with convenient transportation and community facilities tend to be able to fetch better rentals - so that is some important things to take note. If you could, you could also go to the local council/municipality to check on various new proposals that may affect the property - OR... for some insider information, maybe you could ask me. =) ...and to check on the prices, I would always encourage personal research and reading. Do check the local area for the recently transacted prices to get the best gauge of its market values to ensure that you are not buying an overpriced property.
Mont Kiara properties.
What else do you need to consider? Do take note of the management fees and so on - and see what it covers. Maintenance fees today can range from the RM0.10psf right up to RM0.50psf, depending on the facilities provided, and depending on location.
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