31-10-2016, 10:52 AM
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Super Member
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Join Date: Aug 2010
Posts: 335
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And here we go again....
Quote:
Originally Posted by Unregistered
Your HDB is not just a home but an asset. When you retire, you can rent out your 5 room HDB flat for $2500 pm. You can use this rent to convert to RM7500 pm (S$1 = RM3). RM7500 pm is a lot of money in Malaysia for 2 persons.
You can rent a new 2 bedroom condo in Penang for RM1,000 pm. There is a HUGE OVERSUPPLY of properties in Malaysia, that is why rent there is so cheap.
You can use the rest of your money to rent a car and enjoy eating at restaurants. |
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