It requires careful financial planning and may not allow much flexibility.
Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates.
In major cities like Kuala Lumpur, a decent apartment or condo can cost anywhere between RM1,500 to RM2,500 per month.This cost can vary greatly depending on the property’s location, size, and amenities.Renting a room can range from RM300 for a basic room in an older apartment to RM800 for a master bedroom in a newer condo.
The price of groceries can vary, but on average, you might spend around RM400 to RM600 monthly for groceries.So, if you mix eating out and cooking at home, your monthly food expenses could average around RM1000 .— Jœ 🦷🪥🇲🇾 September 25, 2023 Utilities and Internet In Malaysia, utilities primarily include electricity and water.
Consider a scenario where you’ve purchased a moderately priced car, such as a Perodua Myvi, one of Malaysia’s most popular cars.If you’ve taken a car loan with a term of 7 years and an interest rate of around 3.5%, your monthly instalment would be approximately RM700. — Moga Semua Murah Rezeki & Diprmudahkan Urusan Amin June 23, 2021 Miscellaneous Expenses Other expenses include phone bills, insurance, entertainment, and unexpected costs.If we add these up: RM2000 + RM1200 + RM300 + RM1,000 + RM600 =RM5100.It’s important to note that this is a rough estimate, and individual costs can vary significantly.
On the other hand, the lowest possible total cost could be RM300 + RM400 + RM100 + RM100 + RM200 =RM1100.