I own a home at 26, here's my experience

Story by: Mika Sim
Published 03 October 2024

EdgeProp Malaysia sat down with Azri to explore his experiences with buying a home under the age of 30, how he did it, what he's learned, and more.

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Homeownership has always been viewed as a sign that you've finally achieved true stability in your adult life. Beholden to no one, except maybe the bank you got your mortgage from.

Although homeownership is no longer as attainable as it was back in the days of our parents, if you are below the age of 30 and still shooting for the stars, we are here to give you some encouragement.

Meet Azri, our young homeowner

Push for sound

In July 2023, Azri decided that he wanted to seriously begin his journey towards achieving homeownership.

Turning to trusted sources, he began to learn more about the process.

Six months into Azri’s first job, he decided to take action. However, he quickly ran into some obstacles.

The solution to building his credit score ultimately lay in something that has been gaining a lot of popularity in Malaysia.

According to the National Economic Outlook 2024, published by the Ministry of Finance, credit card loans comprise of RM40.3 billion or 3.3% of the total household loans for 2023. Credit card expenditure is also predicted to grow to RM387 billion by the end of this year, according to UK based data analytics company GlobalData.

Many young Malaysians may struggle initially with obtaining loans necessary for securing housing. Credit cards can be a straightforward and accessible way of building your credit score.

Azri's now got a new perspective on the housing market.

For Azri, homeownership is the final step to achieving independence.

“If you don't leave the nest, you will never have the space to grow in multiple ways,” he concludes.

Azri is looking forward to moving into his new home with his wife in 2026.

I own a home at 26, here's my experience

Meet Azri, our young homeowner

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