Jul 14 2014, 08:32 PM
QUOTE(re_freako @ Jul 13 2014, 08:31 AM)
Hi advise needed,
Currently my portfolio, I'm 33 yrs old.
2 prop in kl.
1) 1st gng landed prop own stay fully paid acquire at year 2006.
2) 2nd prop service apartment acquire at year 2012, 10% down, 40% cash on hand in Malaysia fd. (under construction dibs scheme) - for rental income.
Income
1) Annual around RM 250k - 300k, monthly around RM15k (in sg)
2) Some shares around RM50k(slow growing sum montly) at 5% dividend.
Expenses
1) Tax monthly RM 2600, rental RM 2000,
2) Wife RM 2500,
3) Parents RM 1200.
4) Personal expenses around RM 2000
I'm thinking of leaving sg and move back to Malaysia once I fully paid my 2nd prop as wife just pregnant. Due unable to acquire property in sg and dislike the concept of living in bird cage.
If in Malaysia,
Income expected:
1) Annual income after tax around RM120k
2) Monthly around RM10k.
3) Expected rental income around RM2.5k
Expenses expected:
1) Wife RM 2k
2) Baby RM 1k
3) Parents RM 1.2k
4) Personal expenses RM 2k
I totally do not have any ideas on how to survive in Malaysia as I work in Singapore once graduate. Besides my wife constantly nagging why need to stay small rented flat, since we have baby coming soon. Shall I stay or shall I move back to Malaysia?
With RM10K/monthly & all the expenses is just barely enough to survice in a city like KL for a family. Due to the inflation & also the personal expenses if compare to SG you are spending 2k in SG, you will need at least 4k or maybe more in KL. Do take note next year with the GST coming in at 6% most of the things will increase as well.Currently my portfolio, I'm 33 yrs old.
2 prop in kl.
1) 1st gng landed prop own stay fully paid acquire at year 2006.
2) 2nd prop service apartment acquire at year 2012, 10% down, 40% cash on hand in Malaysia fd. (under construction dibs scheme) - for rental income.
Income
1) Annual around RM 250k - 300k, monthly around RM15k (in sg)
2) Some shares around RM50k(slow growing sum montly) at 5% dividend.
Expenses
1) Tax monthly RM 2600, rental RM 2000,
2) Wife RM 2500,
3) Parents RM 1200.
4) Personal expenses around RM 2000
I'm thinking of leaving sg and move back to Malaysia once I fully paid my 2nd prop as wife just pregnant. Due unable to acquire property in sg and dislike the concept of living in bird cage.
If in Malaysia,
Income expected:
1) Annual income after tax around RM120k
2) Monthly around RM10k.
3) Expected rental income around RM2.5k
Expenses expected:
1) Wife RM 2k
2) Baby RM 1k
3) Parents RM 1.2k
4) Personal expenses RM 2k
I totally do not have any ideas on how to survive in Malaysia as I work in Singapore once graduate. Besides my wife constantly nagging why need to stay small rented flat, since we have baby coming soon. Shall I stay or shall I move back to Malaysia?
You can live in a better house, but from what i see you will need to cut down on other areas once you are back in Malaysia. Well if to compare with the majority you are still doing better than average . . . no worries
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