Are old properties below RM100,000 worth it?

In Malaysia’s vibrant and often high-priced property market, a real estate listing below RM100,000 is a rare sight – akin to finding a four-leaf clover. When they do appear, usually as sub-sale properties, they are typically older, low-cost apartments that have long passed their moratorium period of 10 or more years.

These are not the modern, gleaming condominiums that dominate urban landscapes. Instead, they are often poorly maintained buildings, situated in densely populated clusters and in locations that most would consider undesirable.