Everyone who lives in Penang knows that it is extremely expensive to own a landed house, depending on the venue, a typical double storey terrace house (20'x 70') would cost around RM450 - 500K, let's say you spent 10% of the house value on renovation and furnishing the house, so that would add up to around RM500 - 550K. A couple friend recently bought a landed property in an old neighborhood (the house is easily 10 years old) for RM650K and spent another RM100K on the renovation and furnishing.
I read in the paper that the Housing and Development Ministry is going to implement measures to prevent house prices from skyrocketed, I hope they do something in Penang. Mean while, owning and staying in a landed property for our family is simply out of the question.
I have no complaints, I'm contented with the place that we have, I just have to be more hardworking in sorting the junks and have them given away or disposed once a while and practise a lot of self control in order not to stuff my house with clutters or unwanted things. (Hubby always warned me not to throw his things and MIL always recycle what I packed to give away!!)
I have a small garden to work with, nice neighbors, safe neighborhood, clean corridors, working lifts and a lot of greens surrounding our condominium... so I'm happy though I do envy those who have the privilege to stay in landed property....ka ka ka... hubby no need to worry hor... i'm not blaming you for not earning enough.....It's better to have a noisy, small home with happy kids, laughter and lots of love rather than a quiet and spacious house with little happenings....