can throw into investments with monthly fixed return...
then get a moderate condo... you are fixed for life... occasion do some side business.. no problem even to raise kids...
Important is the 1.5M capital...
What to buy with 1.5M?
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 Jul 31 2018, 04:00 PM
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1,197 posts Joined: Apr 2007  
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Jul 31 2018, 04:19 PM
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228 posts Joined: Jan 2006
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QUOTE(jAsOs @ Jul 31 2018, 03:48 PM) IIRC, there is a minimum RM 2mil entry for expats looking to purchase a property here. It's RM1 mil. QUOTE Foreign ownership of property is liberal (foreigners can even own 100% of the property) in Malaysia as long as minimum requirements are met. In law, foreigners can own any type of properties with the exception of: Properties valued less than RM1 million Low and medium cost residential units as defined by state authority Properties standing on Malay Reserved land Properties distributed to Bumiputera interest in any property development project as determined by state authority https://loanstreet.com.my/learning-centre/b...-as-a-foreigner |
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Jul 31 2018, 04:26 PM
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103 posts Joined: Apr 2007
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QUOTE(StarFalls~* @ Jul 31 2018, 04:19 PM) Thanks for the additional info. |
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Jul 31 2018, 04:32 PM
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868 posts Joined: Sep 2009 From: douchistan, pekopon
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QUOTE(beleebala @ Jul 31 2018, 03:57 PM) No. I am planning to move to KL from Hong Kong. Then you check here first:http://www.mm2h.gov.my/index.php/en/ |
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Jul 31 2018, 04:33 PM
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1,678 posts Joined: Mar 2016
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QUOTE(New Klang @ Jul 31 2018, 03:31 PM) Based on TS requirement, semi retired life. But he no likey gardening wor...I cannot live in Semenyih yet as my work is at the heart of KL. Travelling is hassle. Waiting for the 2 highways to complete |
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Jul 31 2018, 04:44 PM
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215 posts Joined: May 2013
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QUOTE(beleebala @ Jul 31 2018, 03:57 PM) No. I am planning to move to KL from Hong Kong. Assume u're pure hongki chinese descendent, aim landed property. Something you would never be and ever to get in HK. U can stay at Kajang/Cheras/Sunway/USJ for higher concentration of chinese area.Btw what makes u think of retiring in Msia if i may ask? |
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Jul 31 2018, 04:59 PM
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916 posts Joined: Sep 2016
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1.5 million can get u a big n nice semi D south of KL, not too congested and could enjoy semi retired life
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Jul 31 2018, 05:10 PM
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201 posts Joined: Feb 2018
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buy a penthouse, enjoy life, enjoy the sky view the skyscrapers
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Jul 31 2018, 05:39 PM
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1,534 posts Joined: Jul 2006
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QUOTE(xfree @ Jul 31 2018, 04:51 PM) So how much do we need in order to survive in Kl if 1.5m is nothing in Kl? no commitment?1.5mil for living fee only? there is a reason i asked about your age do you have insurance? do you have prop? do you have car? if 1.5M to cover all above and your living fee..and you are semi retired..is a joke man... This post has been edited by sunami: Jul 31 2018, 05:49 PM |
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Jul 31 2018, 05:55 PM
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125 posts Joined: Apr 2018
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QUOTE(sunami @ Jul 31 2018, 04:39 PM) no commitment? Sorry, my original post was not well written and misleading. I have set aside money for living, insurance, car, traveling, etc.1.5mil for living fee only? there is a reason i asked about your age do you have insurance? do you have prop? do you have car? if 1.5M to cover all above and your living fee..and you are semi retired..is a joke man... 1.5M is purely for buying a property for investment or living. As I am not sure when exactly I will move here, I am open to places for investment or living. |
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Jul 31 2018, 05:59 PM
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QUOTE(sunami @ Jul 31 2018, 05:39 PM) no commitment? This is an interesting topic. It really depends on how one live their life. If you live like Rosmah, then sure 1.5m is not enough for a month but 1.5m can be comfortable if one have no liabilities.1.5mil for living fee only? there is a reason i asked about your age do you have insurance? do you have prop? do you have car? if 1.5M to cover all above and your living fee..and you are semi retired..is a joke man... |
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Jul 31 2018, 06:00 PM
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125 posts Joined: Apr 2018
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QUOTE(JustForCheonging @ Jul 31 2018, 03:44 PM) Assume u're pure hongki chinese descendent, aim landed property. Something you would never be and ever to get in HK. U can stay at Kajang/Cheras/Sunway/USJ for higher concentration of chinese area. Comparing with HK, Malaysia is a very good place for retirement to HK people:Btw what makes u think of retiring in Msia if i may ask? 1. cheaper living cost and housng 2. Cantonese or English speaking 3. Easy MM2H requirements 4. Close to HK 5. British systems 6. Warm weather Of course, there are disadvantages. However, there are disadvantages in all places. The key disadvantages to HK people are: 1. Crime 2. Race-biased government policy |
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Jul 31 2018, 06:27 PM
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228 posts Joined: Jan 2006
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QUOTE(beleebala @ Jul 31 2018, 06:00 PM) 2. Cantonese or English speaking Cantonese is more common in KL & surrounding areas. Other states mandarin is a safer bet. Then again, majority of the other ethnic groups would not understand you. Leaving the urban area, English might not be usable as well, but otherwise you should be good.QUOTE(beleebala @ Jul 31 2018, 06:00 PM) 1. Crime Advisable to go for gated & guarded units or high rise, it is not uncommon for robberies/snatch thief to happen right in front of your house. |
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Jul 31 2018, 06:27 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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QUOTE(popopi @ Jul 31 2018, 04:00 PM) can throw into investments with monthly fixed return... i don't understand.then get a moderate condo... you are fixed for life... occasion do some side business.. no problem even to raise kids... Important is the 1.5M capital... say assuming if they utilise 500k to purchase an accomodation, leaving RM1mil capital. what are the investments with monthly fixed return option available that's fixed for life? say 4% of RM1mil is approx RM40k p.a. enough for 2 for life not taking inflation into account? |
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Jul 31 2018, 06:31 PM
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1,534 posts Joined: Jul 2006
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QUOTE(beleebala @ Jul 31 2018, 06:55 PM) Sorry, my original post was not well written and misleading. I have set aside money for living, insurance, car, traveling, etc. ok..if i were you..depends on which area you wanna live...1.5M is purely for buying a property for investment or living. As I am not sure when exactly I will move here, I am open to places for investment or living. i will say 1.5M i will buy 2 props, one for staying and another rent out  |
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Jul 31 2018, 08:39 PM
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3,665 posts Joined: Aug 2014
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QUOTE(beleebala @ Jul 31 2018, 02:46 PM) Dear all, for 2. mont kiara.I am planning to move to KL with my wife in a couple of years. I can afford RM 1.5M for getting a property. What projects would you guys recommend for: 1. Investment: good rental return + capital gain or 2. Living: 2 persons without kids; semi-retired life  New to KL. Your suggestions and info would be much appreciated. |
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Jul 31 2018, 08:41 PM
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3,665 posts Joined: Aug 2014
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QUOTE(beleebala @ Jul 31 2018, 03:28 PM) For landed properties, do you mean houses? For investment, are they better than condos? new branded landed house with all the fancy landscaping but 40km from KL??. NO! get a condo in prime KL.No gardening... hate gardening... LOL seriously don't listen to some of the pipu here. 1.5M is a decent amount. This post has been edited by corleone74: Jul 31 2018, 08:41 PM |
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Jul 31 2018, 08:48 PM
Show posts by this member only | IPv6 | Post
#38
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Senior Member
5,436 posts Joined: Jan 2011
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If can go get landed around kv area. Max distance is jadehills kajang North/ as know as Cheras south.
Or manyak new Cheras landed come with gated and guarded too. Seri kembangan, serdang area. All this near Bukit jalil. |
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Jul 31 2018, 08:53 PM
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5,436 posts Joined: Jan 2011
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QUOTE(beleebala @ Jul 31 2018, 03:28 PM) For landed properties, do you mean houses? For investment, are they better than condos? Landed got many type. Some type don’t even have land for you to do gardening. The car posh area Enough park 1 or 2 cars. No extra land for gardening.No gardening... hate gardening... LOL Buy condo for future appreciation? If in kl and kv. Better buy landed. Unless you got not enough $ then buy condo in kl. If you bought landed kl or kv after 10 years sure happy. Of coz not so far till semenyih. If Condo you may cry after 10 years |
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Jul 31 2018, 09:14 PM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(beleebala @ Jul 31 2018, 02:46 PM) Dear all, You are asking a blank here.I am planning to move to KL with my wife in a couple of years. I can afford RM 1.5M for getting a property. What projects would you guys recommend for: 1. Investment: good rental return + capital gain or 2. Living: 2 persons without kids; semi-retired life New to KL. Your suggestions and info would be much appreciated.Suggest you either spend a month or two here or best, rent a place for 6mths or so, slowly getting use tthe area, talk to people b4 cheong. I dunno yr financial status and i am not sure of 1.5mil is just a small investment or yr lifetime saving. |
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