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Thread: My plan to retire in Malaysia soon

  1. #21

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    Quote Originally Posted by Hiroaki27
    Actually TS knows what is best for herself and her family.

    It might just be a trend in five years time that people are moving to JB to semi retire and rent out their Singapore properties. By then maybe the infra structure and other problems in JB are somewhat mitigated. Then the cost would be higher too.

    I am somewhat surprised to see so much negative sentiments about moving to JB to semi retire. This actually makes me think about how people reacts negatively to MM five years ago and gradually developing to a stage that almost everybody is grabbing one.

    ur MM analogy s kind of not accurate. coz MM as investment is very different from someone really want to live in a MM themselves.
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  2. #22
    Join Date
    May 2010
    Posts
    543

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    wonder just 3 meals a day, not driving , no golfing, living in 3 room HDB while renting out properties asset is still not able to retire comfortably in Singapore. Something must be wrong. Our educational system is one of the best. Will going for international school in JB makes no difference to our children? Hope we are not doing it based on herd's mentality.

  3. #23
    Join Date
    Jun 2013
    Posts
    1,300

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    Quote Originally Posted by minority
    U must also remember in JB are always foreigner. U will always be the punching bag for the Malaysia politics. when u have enough sgpean in JB mark my words they will punish the sgparean coz u cannot leave. and u don't vote there...

    I have many pass experience in the Malaysia property curbs in 97. The CLOB etc. I never trust the malaysia goverment to safe guard or respect Foreign investment.

    You will be welcome when they want ur money. when they need a punching back you will be the 1st to be sacrfieced to. For me at least in SGP we are clear with the policies.

    Another thing you want to consider is JB growth are all dependent on Singapore. if Singapore flouters.. JB will bear the bulks of the impact too. i.e. worst than SGP.

    from a value preservation perspective. I find SGP better.

    The way I look at it is. I personally rather rent out sgp property and rent in malaysia. Dont like it can pack up and go. buy in malaysia u never know they change policy to target sgpean then when u want to sell they implement capital control and restrice $ from being being out.. then really LAN LAN liao.

    Thanks for the advice. My parents were from Pahang but they converted to Singapore citizenship in their 20s so actually most of my relatives are all in Malaysia. So I don't have an issue living there for the longterm as my relatives are there. So even if I can't sell in the future, I don't really mind living there.

  4. #24

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    Quote Originally Posted by mummy
    Thanks for the advice. My parents were from Pahang but they converted to Singapore citizenship in their 20s so actually most of my relatives are all in Malaysia. So I don't have an issue living there for the longterm as my relatives are there. So even if I can't sell in the future, I don't really mind living there.

    So for living there u must be sure the continue investment in infra. Take dairy farm for example. was a star project then till it fell out of plan. when the new $ went to austin. u never know what will happen next too.

    for me if its a must to plonk $ in. I would rather put it in KLCC the city.. Malaysia politics can Screw JB but they will be more careful with KL city. But still can stills screw ard with the Foreign investment.

    I am not concern if u can sell it or not. my question is can u own it. Look at 97 scenario. all foreigners cannot own anything under 250K. And when they come up with that rule they back date it a few yrs. basically impacting all foreigner owners who bought without haveing a chance to consider the new policies.

    End up many dont own their property which was TOPing. Those unlucky ones the property never TOP coz the develop when bust coz the policy killed the property market.

    so if u are buying and dont mind the risk.. make sure u buy considering the already builded infra and the property is ready to go. If u buy on Plan in Malaysia then u are at risk the future stuff might never come. thats my take.
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  5. #25

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    Quote Originally Posted by 3C
    wonder just 3 meals a day, not driving , no golfing, living in 3 room HDB while renting out properties asset is still not able to retire comfortably in Singapore. Something must be wrong. Our educational system is one of the best. Will going for international school in JB makes no difference to our children? Hope we are not doing it based on herd's mentality.

    Actually I think its fear. that its not enough. For me personally living in JB yes more space and car. its also different from singapore. coz the infra and security concern too. If JB ever become on par with singapore infra and security. the cost will also go up.

    Its like comparing cost of living in a city and a kampong. not apple to apple.
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

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  6. #26

    Default My plan to retire in Malaysia soon

    You must also consider your children. Will your children be able to integrate into life in Malaysia? When they graduate from their studies, will they be able to compete for a job in there? And, again, can you get a place in their universities? You will always be a foreigner, and in Malaysia, as well as Singapore, and in other parts of the world, foreigners will always bear the brunt of job losses, social dissatisfaction, economic cuts, etc. Can your children compete on the same level as the locals? Can your accumulated funds support your children for their entire lives?

  7. #27

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    Quote Originally Posted by mummy
    Hi, just want to share my plan to retire or semiretire soon in jb and get opinions from u guys.
    I have a terrace house now and a mm unit top in 2016. If I can rent out both, it can give me a passive income of about $3000 sing dollars which can sustain my family in malaysia. Just bought a semi d in jb Austin area, gated and guarded, just besides international and local schools which my 2 sons can go to. The sing rental can also cover its mortgage. When I need more money for uni edu for my sons or retirement, I can sell my terrace house. Really tired of working and things being so expensive here. Hopefully my plan can come true. What do u gurus think?
    Do consider whether education in JB is really good for your children. Better visit the schools first and check out the quality of education, then plan their education pathway to university. If things are okay, then just go ahead. In my humble opinion, staying in JB while you have schooling children is not a good choice. Their security is another thing to watch out for. Simply put it, you may not be able to semi-retire in Johor if you take your schooling children into consideration.

  8. #28
    Join Date
    Apr 2010
    Posts
    2,067

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    Actually, with a terrace house and an MM, and still think cant retire in Singapore, i think many singaporean can go jump down river liao.

    Why dont sell the terrace house, buy a resale condo in sembawang woodlands, and use the extra cash to buy another MM? with 2 MM funding the retirement in singapore, still not enough?

  9. #29

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    Quote Originally Posted by minority
    So for living there u must be sure the continue investment in infra. Take dairy farm for example. was a star project then till it fell out of plan. when the new $ went to austin. u never know what will happen next too.

    for me if its a must to plonk $ in. I would rather put it in KLCC the city.. Malaysia politics can Screw JB but they will be more careful with KL city. But still can stills screw ard with the Foreign investment.

    I am not concern if u can sell it or not. my question is can u own it. Look at 97 scenario. all foreigners cannot own anything under 250K. And when they come up with that rule they back date it a few yrs. basically impacting all foreigner owners who bought without haveing a chance to consider the new policies.

    End up many dont own their property which was TOPing. Those unlucky ones the property never TOP coz the develop when bust coz the policy killed the property market.

    so if u are buying and dont mind the risk.. make sure u buy considering the already builded infra and the property is ready to go. If u buy on Plan in Malaysia then u are at risk the future stuff might never come. thats my take.
    Iskandar is a cash-cow and their sovereign fund has a stake in it, so I don't think Malaysia government will slaughter it. Just stick with the well-established developers and you won't go too wrong with newly launched Malaysia properties. The premium for completed houses can be very high. Avoid developers without track records as they may not be able to complete in time or cannot afford to reimburse owners for the delay. I suspect a lot of new developers (including foreign companies) are jumping in to build new condos without realising materials and labour constraints.

  10. #30

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    Quote Originally Posted by leesg123
    Actually, with a terrace house and an MM, and still think cant retire in Singapore, i think many singaporean can go jump down river liao.

    Why dont sell the terrace house, buy a resale condo in sembawang woodlands, and use the extra cash to buy another MM? with 2 MM funding the retirement in singapore, still not enough?
    TS' parents and relatives are actually Malaysians. This is the trend now: PRs are returning to Malaysia for retirement. This emotional link is something beyond dollars and sense.

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