Page 4 of 392 FirstFirst 123456781454104 ... LastLast
Results 16 to 20 of 1959

Thread: My plan to retire in Malaysia soon

  1. #16

    Default

    Quote Originally Posted by mummy
    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.

    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.


  2. #17

    Cool

    Quote Originally Posted by mummy
    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.
    Singapore is best place to retire if u are belly rich.


  3. #18
    Junior
    Join Date
    Jun 2013
    Posts
    1,280

    Default

    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.
    Thanks for the positive input. I am not belly rich so I need to do this and also I think I need to spend more time with my kids as they grow up. Also think as a developing country, there is more potential for growth than a developed country. Singapore may just go into stagflation like Japan for many years in the future.


  4. #19
    ipropertyguru
    Join Date
    Apr 2010
    Posts
    2,067

    Default

    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?
    My plan is simiar, but instead of JB, i would choose KLCC area as a base for retirement as I want an upgrade in lifestyle.


  5. #20

    Default

    Quote Originally Posted by mummy
    Thanks for the advice. That is why I may do semi retirement instead as I am only 38 and will prob be bored after a while. My job is very flexible and it pays well, that is the good thing. I can always choose to work near customs and take mrt when the jb to sing link is up in 2018.

    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.
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •