these are diff perspectives. i can also add how about traffic jams on roads? on the other end drivers will also have things to say about mrt users, and then there's also the taxi users..Originally Posted by devilplate
even 20% of 300k is 60K, a good sum to start saving towards downpayment of an MM, which you can then rent out? if i buy an expensive condo to stay in and as a result cannot afford to invest in a second property or do other investments, then i don't find it worthwhile. not to forget that even if u do not need to pay the 200-300k premium in full from the beginning, it is still bleeding from your bank account monthly.
if having a car is too torturous then get a condo with free shuttle to mrt lor. but my sense is that owning a family car is quite well worth the depreciation if there's a family.
in the end depends on earning power, investment strategies n priorities...