Some people buy a house for investment while others stay. To be able to feel like home in your future new house, you need to choose wisely.
Set A Budget
According to Business Insider, the general rule of thumb is that you should spend 28% or less of your monthly income on housing expenses. This includes the mortgage payment, insurances, taxes and other house-related expenses. If you are earning RM 5,000 a month, the maximum amount you should spend on the house is RM 1,400 a month. That way, you still have sufficient income for other living expenses. If you go for something too expensive, you might be suffocated by the debt. For the down payment, it is usually about 10% of the loan amount. Let’s set a budget you can afford, then narrow down the house selections to the number.
Location And Its Surrounding Environment
Which district, town or area do you want to buy the house? If you are looking for a house to invest, pick a city area where the demand is higher and hence it is easier and faster to rent out the place. You can also choose a tourist spot to make it an Airbnb house. The price is generally higher in the city area as well. For those of you who are looking to settle down and stay, you can choose the area you are comfortable with. Some people choose a location nearer to the workplace while some prefer away from the city for fresher air and privacy. The public transport in Johor is more limited as compared to the capital, Kuala Lumpur. Hence, if you are choosing a house in Johor go for a more convenient location. Check the surrounding environment and facilities. You would need a place near a supermarket and convenience stores. Besides that, if you are a frequent online shopper you might want to check whether your favourite shopping sites deliver to that location or not. Safety and security are vital factors to consider too. Ask the neighbour or friends staying in that location of the crime rate as well as the security system. Then you can go to the next factor to consider – the facilities. Is there a garden, playground, swimming pool, gymnasium available? Which facilities are the must-haves?
The House Itself
(Photo credits to Binyamin)
Do you prefer a landed or high-rise property? For landed, you will pay for the land and for high rise you will usually pay a monthly maintenance fee to the operator. Once you have selected, you can go on to think about the size of the house and the number of rooms you need. If you have chosen a high-rise property, do you prefer a higher floor with a nice view or a lower floor for the elderly in the event of the lift breakdown? A corner or a middle house? How many family members are going to stay in the house or planning on having children. Can you afford a 3-bedroom or a studio apartment for the moment? How many bathrooms do you need in the house? If you are cooking every day, you would need a spacious kitchen rather than a spacious balcony. You would also need to check the year of build to judge the value of the house. The answers to these questions are to be listed down to have a clear idea.
Houses in Iskandar Puteri
UEM Sunrise Berhad
Founded in 1966, UEM Sunrise Berhad is a township and property development company operating in Malaysia as well as overseas. It develops both landed and high-rise properties in Iskandar Puteri. Under its umbrella, there are 15 to 20 property selections within the area from basic to luxurious. At RM 150,000, you can get a 3-bedroom condominium unit – the fast-selling Denai Nusantara Apartments. Facilities such as jogging track, function space and recreational area are available. For landed property, the company has built unique houses by the lake called Aspira Lakehomes. From RM 596,888 per unit, it is a double-storey terrace and has 4 bedrooms in each unit. It allows you and your family to live comfortably, surrounded by nature. It has a clubhouse, gymnasium and nursery space. Both properties are about 7.5KM away from LEGOLAND Malaysia. When you click on one of the properties, you can use the loan calculator to find out instantly the monthly payment. So easy and useful! More selection on the website: https://www.uemsunrise.com/property/search-results?region=iskandar-puteri&category=residential
Country View Berhad
Started in 1984, Country View Berhad develops residential and commercial properties all over Malaysia. In Iskandar Puteri, the company has a modern residential development called Summer Rose. It is a double-storey terrace house with 5 bedrooms designed in a modern contemporary architectural facade. The kitchen is specially designed to be more spacious and thus no renovation is not required. You can also enjoy the luxury of restaurant-like cooking experience. All units are built with balconies and big car porch sufficient for at least 2 cars. It is located in Nusa Sentral, next to Horizon Hills.
EcoWorld Development Group Berhad
EcoWorld Development Group Berhad was founded in 1974, currently with Malaysia as well as overseas townships and property projects. There are 3 main residential developments in Iskandar Puteri under Eco Botanic, namely The Chateau, The Verandah and Eco Nest. The Chateau adapts Colonial-era architecture and a home-in-a-garden concept. The landed houses are connected to a private garden with a playground and a resting spot. You and your family can enjoy a great garden view and have relaxing evenings in this area. Within The Verandah, there are 6 types of landed house designs to choose. All are modern double-storey terrace houses with spacious car porch. Generally, the houses are 4 bedrooms and 5 bathrooms. Some of the units are with additional powder rooms and balconies. Unlike the earlier 2 residential developments, Eco Nest is a 3 towers high rise property. It is a serviced apartment located right next to EduCity. The facilities are a swimming pool, gymnasium, garden and cafe.
BCB Berhad founded in 1988 and is an investment holding company. It has operations in hotels as well as property development. One of its highlight properties is The Elysia Park Residence in Iskandar Puteri, launched in 2015. It is a high-rise residential development with a 4-acre park surrounding the 3 towers located within walking distance to Gleneagles Hospital and LEGOLAND Malaysia. The design embraces “taking a walk in the garden”. It has 961 units of apartments from 515 sq ft to 1,251 sq ft, ideal for first-time homeowners, young couples as well as small families. There are 8 unique apartment layouts to choose from. The facilities include a swimming pool, gymnasium, garden and function spaces.
Like UEM Sunrise and EcoWorld, Sunway Property is a township and property development company as well. It was established in 1974. In addition, the company is involved in construction too. It has 2 townships in Johor, 1 in Kuala Lumpur, 1 in Klang Valley and 1 in Ipoh, Perak. In Iskandar Puteri, the township is called Sunway Iskandar. It is a 1,800 acres masterpiece with an education park, medical park, themed hotels, themed mall, eco themed park, river park and riverine estate. The residential developments are divided into 4 main categories namely Citrine Collection, Emerald Collection, GRID Collection and Citrine Landed Homes. The features of each collection are as follows.
- High rise property
- 1 to 3 bedrooms
- Scenic views of Medini, Puteri Harbour, Emerald Lake Garden and Singapore
- Resort-style facilities such as infinity pool, function spaces and rooftop garden
- Retail stores available downstairs
- Landed property
- Gated and guarded
- Link homes, Link Courtyard Homes, Link Garden Villas and Semi-Detached
- Private clubhouse with a swimming pool
- High rise property
- Customisable property layout and furnishing options
- Loft and non-loft units
- Studio to 2 bedrooms
- High ceiling and bay window
- Sports facilities including a swimming pool, basketball court and fitness centre
4.Citrine Landed Homes
- Landed property
- Gated guarded
- Link homes, Townhouse and Link Cluster
- Next to 20-acre Emerald Lake Garden
- Facilities include a playground, community center, badminton courts, outdoor gym and jogging track
Choose a house suitable for you!