QUOTE(ghodul @ Mar 30 2023, 09:06 AM)
Buy it, only if you stay in JB and work in SG. Stay inside, not worth buying any car. I used to have a superbike when i stay inside. In the end, its just collecting dust at my parents house. My dad and my bro afraid to ride it, even sometimes forgot to start it on weekly basis. Sell it off after that...
The congestion was abnormally severe since around cny until the last few weeks for unknown reasons, i moved in around that time, the congestion seems to have returned to the normal state, i might move back after my lease ends
QUOTE(ghodul @ Mar 30 2023, 09:06 AM)
Bear in mind that SGD earner (without SPR) are considered as high risk person in the eyes of the bank. Because Work Pass Holders (WP, SP, EP) are replaceable by Singapore based company. They can terminate or won't renew your contract as they like.
why would banks see it that way, the same law governs when firing anyone including work pass, the compensation etc, new law states that they have to inform mom before firing anyone including workpass holders.
personally i contemplate this purchase because i worry about struggling at work at any point of my career, i might quit/lose my job and not able to find one, i job-hop a lot, mostly due to various struggles, i take this risk very seriously
QUOTE(ghodul @ Mar 30 2023, 09:06 AM)
And the banks calculate your income based on x2.6 only. They didn't convert it based on current exchange rate. Meaning if SGD3k, they will calculate your income is RM7800. This is what my banker told me when i wanted to purchase my house back then.
https://ctoscredit.com.my/car-loan-eligibility/According to this, one is likely eligible for a 300k loan with a 8000 salary
since you said buy it i think i am going to take that risk, need to salvage any joy when young, i have 2 years left before turning 30, hopefully it boosts my chance of finding high quality partner