In 2007, me n wifekins (ada ke term ni? hentam je) went house hunting. we wanted to move out fr our apartment n stay in a landed house. Not that we had to anyway, the apartment was ok for the 3 of us and shud be ok even with the 4th one coming. But maybe i was bored & looking ways to kill time. So house hunting we wentttt.
We made an offer for a corner house in Ara Damansara. The asking price was 735k and after 2-3 weeks discussing with our banker, we came out with an offer - 680k. The land area was 3800sf, n comparing with other intermediate units that were priced 500k - we thought the offer would be pretty good. We called up the agent & was immediately told that the unit was sold the same day that we viewed. And the closing price was 730k! That was back in 2007/08. Now, the corner units in Ara Damansara are nothing below 1 million.
"Buy house with land, you may not need it now - but think future". That was the advice fr my dad. The family has been staying in the Subang Jaya house since forever. Its a 2-storey terrace. Its not big but more than enough to fit us all in. My parents bought it for less than 50k at that time (i think..) but my dad did admit, he should have opted for a corner house.
I could not even afford a corner house, let alone a bungalow.
That's when i started toying with the idea of buying land. My idea was pretty simple. Buy a plot of land, around 6000-10000sf & build a house there. How hard can it be?
Think future.
At the moment, i don't think my parents will want to move out & stay with us. But i hope, when the time comes, i wish to provide them comfort if they choose to live with us. Having extra land, i have the option to extend the house & maybe accommodate an extra studio, with own kitchen & dining area. My dad is a golf freak. I'm sure he will like the putting green just across his hallway :)
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