I wouldn't advise that.
Firstly, you have no idea exactly how long you and your spouse would live and need to rent.
Secondly, if rents go up one day, you might be chased out without a place to stay if the retirement funds set aside are not sufficient. Still good to have 1 paid property to stay.
Originally Posted by
teddybear
If no children and retirement funds all set, don't even need to buy property, sell the property and use those to earn better return else where and can also spend the money to rent luxury condo (those with full condo facilities, concierge service, air-con lift lobby etc) to live like a King/Queen!
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.