Malaysians Roast RM600K House Budget Breakdown That Claims You Can Survive On RM7.5K Salary
Can You Buy a RM600K House With RM7.5K Salary? One Agent Thinks So
A Malaysian property agent’s budget breakdown for owning a RM600,000 house on a RM7,500 monthly salary has left many social media users stunned, with most saying it’s a fantasy at best.
The Honest Take: “Don’t Even Think About It”
The whole drama began when local influencer Sam addressed a question during a Q&A session: Can someone buy a RM600K house with a RM7.5K salary? His answer was a firm no.
He pointed out that after mortgage payments of around RM2,500 to RM3,000, plus deductions for EPF, car payments, and daily expenses, you’re left with barely RM100 a day. Sam joked that while technically possible, you’d survive only on economy rice forever.
Enter the Agent with “Creative Math”
In response, a property agent shared his own take—a detailed monthly budget that suggested it was absolutely doable, even with room for savings.
His math:
- Housing Costs: RM2,457 for mortgage, RM497 for taxes, maintenance, etc.
- Transportation: RM1,038 (based on owning a Myvi)
- Living Expenses: RM1,810 (including bubble tea, hotpot, phone bill, etc.)
Grand total? RM5,802, leaving RM698 for savings.
Netizens React: “Living on the Edge”
The agent’s breakdown didn’t sit well with Malaysians. The comment section turned savage as people pointed out how tight the margins were.
Many said such budgeting left no room for emergency costs or inflation. Others argued that this type of advice pushes people into being house-poor, where you own property but can barely live comfortably.
Some connected this mindset to rising numbers of foreclosed homes across Malaysia, calling it dangerous financial advice.
Fantasy vs. Reality: What People Are Really Saying
While the budget might make sense on paper, critics noted it assumed everything would go perfectly—no medical bills, no car breakdowns, no price hikes.
As one commenter put it: “You’re not buying a house. You’re buying stress with a roof.”
Even property-savvy netizens agreed that unless you’re ready to sacrifice heavily and live monk-like, it’s better to consider houses in the RM300K range.
Final Thoughts: Know Your Financial Limits
Owning a home is a dream for many Malaysians, but it’s important to be realistic.
If your entire budget hinges on a rigid breakdown with zero wiggle room, maybe it’s time to reassess. As Sam aptly put it, being honest with yourself now will save you from financial regret later.
NasiLemakDaily Disclaimer: The opinions expressed in this article are based on social commentary and public reaction. NasiLemakDaily is not responsible for any financial decisions made by readers. Please consult a licensed financial advisor before making
Source: Facebook
@samlimmmmmmmm 小小的实力大大的愿望 #林先燊 #讲有讲没有 #samlim
♬ 原声 - 林先燊 讲有讲没有 - 林先燊 讲有讲没有
@mrmoneytvchannel RM1 million for a house! Do you think the majority of Malaysians can afford it? #interview
♬ original sound - Mr Money TV - Mr Money TV
By Tarziman — 13/06/2025, 02:44 PM
