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Thread: My plan to retire in Malaysia soon

  1. #11
    Junior
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    Jun 2013
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    Just feeling tired of working and also worried of my sons' future in Singapore. They will be competing with so called foreign talents when they graduate and Singapore education system is so stressful. When Singapore is filled with 7 million, I think it will be overcrowded and unliveable, that is why I am buying into JB now before things get more difficult with so many curbs , property cooling measures and rising prices. I think we all need to seriously think about retirement if not we may just end up being cleaners or taxi-drivers in our old age as foreigners take our jobs in our 40s and 50s!


  2. #12
    Junior
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    Jun 2013
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    Quote Originally Posted by indomie
    Its so true... Living in a big landed house is not like it crack up to be. Too much maintenance. When u go on holiday, u must lock up the entire house and report to the security. In small apartment u just lock one door and its done. To maintain my house in Jkt I need a small army. Mopping the floor twice a day, painting the outside wall every 2 years, fixing the tile, roof and garden. Even servicing 5 units of aircon every 6 months is a pain.

    The house I bought in Austin heights is a cluster semi-d, not really a gigantic landed house, built-up 3000sq ft and land 2660sq ft. I think it is still manageable to maintain. My husband always want to go for freehold and doesn't believe in leasehold properties as he believes the value will eventually fall, hence we sold our EC when we bought the terrace.


  3. #13

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    so many people wanna retire in their 30s...I'll be working till i step in the coffin


  4. #14
    Junior
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    Jun 2013
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    Quote Originally Posted by DMCK
    so many people wanna retire in their 30s...I'll be working till i step in the coffin
    That sounds really sad...That is why you must start planning now. Many HDB owners are renting out their Singapore flats and then renting in JB where the rental is really cheap, they also have some passive income from it. Mebbe u can consider that if you live in a HDB.


  5. #15
    Junior
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    Jun 2013
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    I believe a lot of the frenzy for JB condos like Setia Sky88 could be by Singaporeans hoping to retire there and rent out their Singapore properties. It could be a good idea as Singapore is really not a good place to retire and it needs young people to work and grow the economy.


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