Everyone knows buying a house is expensive — down payment, monthly loan, stamp duty. But the hidden costs? Those can sneak up on you like Friday traffic on Federal Highway. 🚗💨

Let’s break it down so you don’t kena surprise:

 

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1️⃣ Renovation & Furnishing 🛋️

That bare unit you bought? Walls, tiles, maybe a kitchen sink if you’re lucky. The rest — lighting, furniture, built-ins — that’s on you.

💡 Tip: Budget at least 10–20% of your property price for reno + furniture.

 

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2️⃣ Maintenance Fees & Sinking Fund 🏢

If you’re buying a condo, monthly maintenance isn’t optional. Plus, the “sinking fund” (like an emergency fund for the whole building).

💡 Tip: Always ask the sales agent how much the monthly fee is before signing.

 

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3️⃣ Legal & Loan Fees 📑

Lawyers don’t work for free (sadly). SPA & loan agreement fees, stamp duties, valuation fees — all add up.

💡 Tip: Factor in around 3–5% of your property price.

 

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4️⃣ Moving Costs 🚚

Truck rental, movers, maybe even extra leave from work. Don’t underestimate how much shifting a fridge can cost (or your back pain).

💡 Tip: Ask friends to help… but at least belanja them makan! 🍲

 

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5️⃣ Utility Deposits 💡

When you apply for TNB, Syabas, Indah Water, etc., you’ll need to pay deposits. Not huge, but still a few hundred each.

💡 Tip: Keep RM1k–2k aside for this.

 

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✨ Takeaway

Owning a home is exciting, but remember:
➡️ Down payment isn’t the only payment.
➡️ Plan smart, budget smarter.
➡️ Avoid the “Friday night shock” when bills come rolling in.