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Old 03-06-2014, 05:22 PM
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Hi all,

Are there any Malaysians in this forum? Need your advice. We are a couple in our mid 50s and we are planning to retire next year. We have decided to retire in a Malaysian city or town. Our children are grown ups and independent. When we retire, we will rent out our HDB flat (cleared the mortgage) for about S$2,500 per month and we currently get S$1,500 per month from dividends. So, our passive income will be S$4,000 per month or RM10,000 per month (RM120,000 per year).

Can you please advise which city or town in Malaysia can we retire comfortably? We budget RM2,000 per month for rent (can be a studio condo unit) and the rest will be for food, utilities, transport, entertainment and some savings. Please don't suggest JB due to our personal safety concerns.

Appreciate your advice. Thank you very much.
I'm an ex-Malaysian. Nevertheless, I still make trips back to my hometown etc. I definitely wouldn't recommend JB. My aunt just got robbed when pumping petrol at the Esso along Jalan Tebrau.

To be frank, from where I come from (Sarawak), RM2,000 a month is a lot. Over there you can rent an entire bungalow for lesser than that. Anyway, I doubt you want to live in Sarawak although the cost of living is definitely lower than West Malaysia.

Anyway, for RM2K you can even consider renting in KLCC area - if you want a shopping life. A quick browse on propertyguru Malaysia reveals those service apartment at only RM1.7K. With additional RM8K, you can live a very comfortable life. All I can say is, your budget allows you to stay practically in any state in Malaysia. You can even go on a state-by-state visit. 1 month in Penang, 1 month in KL, 1 month in Selangor etc. After all that travelling, you can always decide which is the best

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