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Thread: My plan to retire in Malaysia soon

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

    Default My plan to retire in Malaysia soon

    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?

  2. #2

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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?
    Trust me, soon JB will be expensive too. JKT was so much cheaper 5 years ago. But now it can be more expensive than SG. At least in SG u got a home base advantage, u know how to safe money here. In JB u will be living an "expat" lifestyle.

  3. #3
    Join Date
    May 2008
    Posts
    637

    Default

    very good.

    Things are overcrowded and expensive here.

    Let's go to someone else's home and make that overcrowded and expensive for them.

  4. #4
    Join Date
    Jun 2013
    Posts
    1,300

    Default

    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.

  5. #5
    Join Date
    Oct 2012
    Posts
    1,160

    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 mean high speed rail to sg? Ticket will not be cheap, as per report more than $100 for single trip! Frequency maybe one hr one train.

  6. #6

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    Quote Originally Posted by star
    U mean high speed rail to sg? Ticket will not be cheap, as per report more than $100 for single trip! Frequency maybe one hr one train.
    That's from KL

  7. #7
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    u are lowering quality of life especially security for women

    no free lunch in this world

    I may consider 10y later, not now
    Ride at your own risk !!!

  8. #8
    Join Date
    Jun 2013
    Posts
    1,300

    Default

    Quote Originally Posted by phantom_opera
    u are lowering quality of life especially security for women

    no free lunch in this world

    I may consider 10y later, not now
    I don't think I am lowering quality of life as I will be working less and spending more time with my children. I can also get a malaysian car and sell my singapore one which is costing me $2500 a mth when the RTS is up. This is different from the high speed rail from KL, so tickets are definitely cheaper. Heard news that construction is going to start next year.

  9. #9

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    i would not consider... i rather stay in a HDB than move there... i used to frequent JB a lot... play golf... the jam at the custom puts me off.. i think security is also a major concern.

    some stuffs like foreign import fruits (apples, oranges) are still cheaper in SG than JB. my malaysian colleage told me.


  10. #10

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    Quote Originally Posted by stl67
    i would not consider... i rather stay in a HDB than move there... i used to frequent JB a lot... play golf... the jam at the custom puts me off.. i think security is also a major concern.

    some stuffs like foreign import fruits (apples, oranges) are still cheaper in SG than JB. my malaysian colleage told me.

    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.

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