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Thread: My plan to retire in Malaysia soon

  1. #1961

    Default

    “We are not going to give visas for people to come and live here,” he added.

    Malaysia My Second Home http://mm2hformalaysia.com/?gclid=Cj...BoCScwQAvD_BwE

    Fake News

  2. #1962
    Join Date
    May 2012
    Posts
    3,920

    Default

    SCMP is unlikely to publish fake news. Mahathir is doing a U turn for broad support. He is known to do that.

    Quote Originally Posted by Arcachon View Post
    “We are not going to give visas for people to come and live here,” he added.

    Malaysia My Second Home http://mm2hformalaysia.com/?gclid=Cj...BoCScwQAvD_BwE

    Fake News
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  3. #1963
    Join Date
    Aug 2009
    Posts
    3,911

    Default

    Read more first before u post

  4. #1964

    Default

    Quote Originally Posted by Laguna View Post
    Read more first before u post
    When you tell people it is fake News they will read more otherwise who cares.

  5. #1965

    Default

    Buying property in Malaysia unless you have relative or intending to migrate there for good is like burying your gold bars in malaysian soil.Problem is how to take out the gold and bring back when you have a change of plans.

  6. #1966
    Join Date
    Aug 2009
    Posts
    3,911

    Default

    My property investment experience in Malaysia
    1. very easy to buy, huge supply
    2. very very difficult to find tenants and next buyers
    3. very very difficult to maintain and upkeep the property
    4. after selling, it takes ages to claim back the Real Estate Gain Tax (they deduct X% from sales processed first and will refund when there is surplus)
    5. It takes at least 5-7 months for completion
    6. M$ exchange risk

    List goes on

  7. #1967

    Default

    Mdm, thank you for sharing. I am aso not a big fan of Malaysia properties. Plenty of uncertainties.

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