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brapa? pay municiple to upgrade?

Looks nice long porch

pencuri: hmm let see which house I need to target.

i think jes one n a half, not proper two

look like mezzanine floor oni

Legal or not?

Or depends on local govt?

Looks nice but design ugly

Bare brick sticking out the sides, ewww

1st floor I notice has a grille but 2nd floor looks like zero security measures, bad idea

This place looks like its in PJ.

depends on local zoning, yes. This isn't full 1 storey so confirm pass mia

Here in Cheras we can build up to 4 storey even provided foundations are rated for it.

The roof too minimal for 2nd floor.

It will double as oven for the day.

looks like they propped up the porch floor

But the house besides look so bad

amazing engineering

Many claim against these type of renovation. Especially the neighbors. Sometime bocor, sometimes retak

I wouldnt do that. Better to use the money to buy another house. Moreover the house stands out in the neighbourhood and this will definitely going to attract all sorts of unwanted attention.

Near my house also had one such owner of a corner double storey house. The owner demolished the whole house and rebuilt a 3 storey house on the land. During piling works, all the houses same role with mine were badly affected by the noise. The neighbours of that house suffered cracked in their homes but I believe they were compensated but still it wouldnt be the same anyone. After the house was ready, the owner only had a home blessing ceremony. Hardly anyone stays there. Few years later, it was up for auction.

The houses at the sides are 1960-1970 design.

Inkambing... 2storey terrace.. bekambing 3 storey

a house in the squalor is still a house in the squalor.

there are way too many houses like this, converting from single storey to 1.5-2 storey terraced house in Bangsar Park.

One even with see through window where you can see bathtub in luxurious marbles tiled bathroom along Jalan Maarof.

Rather buy new house in upscale area. You'll have better neighbors.

for sell 2.4 juta back in 2016

https://www.facebook.com/media/set/?vanity=...963555097122182



This post has been edited by croydon: Feb 12 2021, 12:13 PM

Got money anything can do one

https://homeworlddesign.com/minimalist-sing...tan-architect/#









http://www.fabian-tan.com/gallery/le-mon-house/

This I agree. I stretched my budget and buy somewhere where I can barely afford. Automatically my neighbour also upgraded

This house in TTDI i think.

these houses look like those typical bangsar and PJ bubble urbanites who are ready to throw half a million in cash on reno budget

janji their house scores high on the green index lul

I initially thought it is my neighbouring street in Bangsar Baru (Terasek 6) with the same kind of design.

Single story is fetching low 1mil while double story is around 1.5-1.6mil. Rather than spending 500k putting half a story, why not just buy a 2 story instead?

Depends on helang or pipit.

If helang approve.

mostly seldom moved cos of friends and neighbour and environment. used to it. prefer there.
go pasar can sit down know everyone so yeah.they just upgrade their house

This is 1.5 storey terrace house kn?

Not bad, it it legal?

I'm just gonna leave this house to show what real helang can do. BTW The renovated house is in the middle of this row of old semi-d houses.



This post has been edited by red_satu: Feb 12 2021, 08:52 PM

Why elevated lawn?

yo mader fader haus reno completed dy?

I know someone that did just that in Bangsar, single storey to 1.5 storey completed in 2018.

Why?

1.) That was the house his mum left him and the house he was born in as well as lived in since 1977. Sentimental value??

2.) The house saw the changing of fortunes, from both parents being teachers, he started up a tech start up that saw him become a multi millionaire by the age of 28.

3.) It was also the home his late granddad passed away in as well as it was where his kids were born.

4.) He could not imagine living anywhere else but at Bangsar.

5.) He wanted a house that retained some features of the original house as well as some parts to be bespoke and he wanted a house that was one of a kind. On this he did tell me yes you could buy a 2 storey at Bangsar for around rm1.5mil at that time and it would be in very decent condition but in the end it would still need work as no one sells a newly renovated house.

He spent rm700k on that conversion and the finished product definitely is not to everyone’s taste but he is very happy with the end product.

I must say other than the raw concrete facade it is quite a nice house.

2.4mil? Is it real? For that price, I think can get something better...

Wrong neighborhood.

the 2nd floor ceiling fan confirm kena hujan and window masuk air

k/ mau tanya the porch punya lantai is cement or what materials ya? shaped into rectangles? wont feel like very kasar?

The first floor grill look like jail.
Awning is zink ke? Noisy la when rain.
2nd floor side brick is ugly and macam easy for home break in.

The awning also macam rain water will go to neighbour home. No complain ke?

This post has been edited by sordidi: Feb 12 2021, 11:27 PM

I agree with what you say.

I guess spending 700k nowadays is probably what a 'decent renovation' would cost esp if you want imported material. Also problem with renovations, it is best to move out otherwise whole house can be very messy.

This post has been edited by Garysydney: Feb 13 2021, 03:19 AM

bangsar?

*

This post has been edited by Vivato: Feb 13 2021, 03:29 AM

balcony no barrier at all?

Ada wang semua on.

Glass

Trying to copy western style but reality is:
- hot as fuck the concrete absorbing the heat from the sun all day
- mosquitos
- need to clean constantly due to rain, pollution

Yes.

Most PBTs will not allow you to extend a full storey.


Yes.


Yes especially if it is a pre80s house and you plan on doing any type of structural work.

Some of these houses also has asbestos in them and yeah definitely a good idea to completely empty out the house prior to commencing renovations.

My Terasek house will probably need some renovation.

I will probably need to start off with the roof tiles as the house was built late 1970s - although there is no roof leaks at the moment, i suspect it will probably leak in another few years. The only thing is i don't know whether i will be living in the house when i get back to KL as my wife prefers her condo in MK. Now a bit scared to go back to KL as Covid cases still a little high in Msia

Replacing the roof does make sense. Best to replace it with an insulated metal deck roof.

There is a big shortage of tenants for high end properties. Therefore it might make better sense to live in the best condition property till the economic situation improves.

Numbers are high but but in a place like Bangsar it is fairly safe.

When i was last went back to KL in Jan 2020, i had the exterior painted and it costed me rm4k just for the front. I was back in KL for 8 weeks then and saw my neighbour's roof being replaced so i asked the contractor for a quote for my roof and he quoted rm25k-rm30k. He indicated that it will last at least 25 years before i need to start worrying again - i am 59 now so it will last me till i am 84 if i were to live in the terrace.

I actually inspected a 2 bedder terrace (cannot remember the address - i think it was 62 Jalan Terasek) around that time and owner wanted rm1.55mil. Owner wanted to migrate to Melb to be with children. The house was well kept but minimal renovation done. I didn't have the money then as i couldn't access my super - i would have bought it now if i saw something like that again but then my friends and relatives are asking me not to move money back to Msia (unless it is for my own daily expenses). I am now in two minds what to do .

This post has been edited by Garysydney: Feb 13 2021, 05:36 AM

I would definitely refrain from sending money here unless you were planning on spending it immediately.

No hurry I suppose for you? Anyway personally with the way the world economic climate is I would certainly put off retirement unless it is a semi retirement.

Yes roofing works are not cheap and with any old houses the electrical and plumbing system would need to be updated as well.

Sometimes the purpose is to wash money one

Can't spend on actual new property cos lhdn sure pick up, but rather spend on upgrade existing house and interior

One does not wash money by making it go away.

Legal approved renovation?

I was given a very good golden handshake to retire after being in the same organisation for 30+ years. I have been hoping to retire sometime early this year so the timing was very good. Now I just need to find things to do - I probably have enough money to live off until I conk off. My wife also has her own retirement assets and we have no kids so we don't have to leave anything to anyone.

Now my goal is to find interesting things to do. I find i have become very kedukut lately because now I have to rely on passive income to live on. She keeps saying my assets will be worth more when I conk than now - I am the typical old chinaman - always very frugal and never want to buy new things.

anything like that will definitely be legally approved as otherwise dbkl would tear it down before you could even finish building it. Quite different from extending the rear of the house or renovations that alter the facade or the house.

Think that is fairly normal, the older one gets the more you start to look for a value proposition before spending away your money.

Both sets of my grandparents were mostly that way, rarely bought anything new and never threw away anything even if it could no longer be used.

These days as I am about to hit that 40 I do realise that I have become much stingier and prefer to make the money stretch a lot more than just 5 years ago even though I do earn more now than I did 5 years ago.

Alas I doubt I could completely be like my grandparents as the realities of today’s society’s and economy is nothing is made to last and everything is designed to be replaced in a much shorter life cycle.

I think we become frugal due more to insecurity more than anything else. Also Covid has made life a lot more difficult - i am worried about my future investment returns more than anything else!! Most people think with a few million ringgit upon retirement (60 years old) in investments, life is a bed of roses. I am now at that stage now and i am a bit fearful how my future years will turn out. My investments are all moderately balanced (60% risky assets and 40% less risky assets) now - i was invested 100% high risk before the pandemic and one of my superfund dropped 35% in March 2020 (luckily it was my smaller superfund as i have two superfunds). I was shitting in my pants!! I dropped everything to conservative for 2 months (both my superfunds) and lost out a lot as the market rebounded in April/May last year - big mistake on my part. I lost more than A$250 at my lowest point last year March. I have moved all my investment into a balanced position now so i am quite comfortable if there is a market crash again. I used to be very gung-ho and love taking risks before last year's market crash .

Like the placement of the grill. It make the house uncluttered.

but lost few feet to create the buffer.

Lost A$250 or A$250k?

Sorry - left out the k. Thanks. A$250k.

Difficult to predict how the future would be and it has become a pain to calculate and price risks these days with the way things are going around the world.

These days I am already happy if my investments or business interest does not lose money.

Why spend so much to renovate instead of just selling the terrace and buy a bungalow instead?
Renovation cost is more expensive than new, and the terrace couldn't add much value anyway.

Still ok, more like 1 1/2.

I used a lot more money before Covid because i have a stable job and my investments were all doing very well - made me a bit cocky!! I was telling myself - if my investment returns continues like this when i retire (was planning then to retire early 2021), my passive income will easily be about rm20k-rm30k/mth. How can i finish my money like this as my capital will probably grow higher every year. I was thinking i might need about rm10k/mth for my living costs in KL once i retire (since i don't need to pay rent/mortgage or car loans which are the 2 major expenses for younger people).

Now all shit has blown up once Covid started!! I have never been worried about money before but now Covid makes people scared of running out of money!! The future is so unpredictable now!! I am giving my wife A10k for my retirement present as i have never expected to get a golden handshake. She saw a nice Chanel bag (cost about A$10,500) and wanted to buy it with the A$10k i gave her. I now tell her not to buy the bag as the future is very unpredictable - she is now a bit upset with me !! Can't understand women - why need so many handbags (she already got about 5 Chanel handbags - all very costly eventhough we bought it quite a few years ago. I really cannot understand women

old but unwise

Left with old wife, no kids

Yet so stingy and cheap

U plan to give to ur wife new boyfriend?

Don't know - lah. Last time not scared no money but now after Covid, very scared no money - lah. Lsat time very confident but now spend money very scared - loh.

Stupid Covid make people scared!! Now i am at the peak of my net worth - i am worth more now than just before the pandemic but still scared (my golden handshake added quite a lot more to my net worth). I am scared about how future returns on my investments may turn out because it may be negative quite often from now.

I used to think - i will spend all my money before i die but now after Covid, i feel better with more money!! Even when i die and i have more than what i have now, i am happy.

This stupid Covid has made older people very insecure because the future is very unclear now. I am now supposed to be very happy with quite a big retirement nest egg but somehow i don't feel secure so i dare not spend too much. I am more scared about running out of money than getting Covid nowadays!!

Don't know why but i am sure i don't have depression as i still enjoy going out all the time and feel happy when things are not very expensive !!

Go away how? Money is for what? To improve one's life. By spending it somewhat off the grid they enjoy is fruits without raising official eyebrows

Get it

When you spend it by buying overpriced renovations the money goes away no? Unless you are similar to that chinaman datuk that did not pay the contractor.

Also it is unlikely you would spend that type of renovation money off grid as you would need an architect and engineering drawing to submit for a planning permit. That alone will cost rm15k and though possible usually unlikely that part is off grid.

Pretty sure if you have that type of money to blow you would not be hiring a few Banglas to do it but most likely an experienced project manager and an ID team especially for something with such a major structural component to it.

This type of stand out renovations bound to raise suspicion along the way of someone in the neighbourhood that could just make a few phone calls. Plenty of busybodies about.

It is normal as no one could predict the true impact of the extended shutting down of so many sectors of the world economy.

There is always something pleasing about finding a good thing that is not too expensive.

Like recently I just found a genuine BMW M635csi from 1986. A bit tatty and in need of an engine rebuild, the widow and her brats let it go for rm20k because it is a LHD car. Now having the engine done up and bringing it back to pristine condition to then sell it on. Think there is at least rm50k profit in it.

Wow! Didn't know you are into car restoration. You must know a lot of people in the car industry.

Old man like me only like reliable cars - Toyota is the only car i will buy due to reliability. I would buy a Lexus for prestige but i don't like buying expensive cars (esp new cars) due to high depreciation costs. I used to change cars when younger but now old man already - no-one looks at old and ugly old fags like us anymore

One of my secondary income sources is I am a rebuilder of Jaguar XK and BMC A, B and C series engines as well as a restorer of classic cars, mainly 2 seater British cars.

Only take on 6 engines per year and 1 or 2 cars per year. I do it more as hobby though.

Nothing wrong with not being into cars if it is not your thing. Also definitely not a bad thing to stick to Toyotas when in Australia or Malaysia or most countries outside of EU and China as replacement parts are the easiest to source.

Do you plan on keeping rental properties in Australia after retirement as a source of income?

Sydney property prices hasn't dropped since the pandemic (esp landed properties). I haven't decided to sell so i might just hold on to the property for the time being. My sister tells me not to sell and she wants to buy it if i want to sell.

I have most of my money in super and i don't know if i should buy another cheaper property in Western Sydney. At the moment the Aussie dollar is fairly strong so i don't know if i should buy more ringgit as the Aussie is quite erratic at times.

I finish working at my organisation in mid-March so i will have to get used to living without a regular income (from my employer). My payout from my organisation can easily last me the next 5 years so i will not need to touch my super for a few years. I don't buy anything usually so my only vice is eating out about 4 times a week (Chinatown). Other than than i lead quite a thrifty lifestyle - i never thought i can change so much after the pandemic as i used to spend a lot more before the pandemic (full of confidence without a worry in life!!).

I guess 4 times a week at Chinatown is not all that expensive if you earn an Aussie salary.

I probably could save a lot more if I consumed more local cuisines here but generally local foods are not all that palatable to me. Also have a gf that is kind of picky with her food as like many Caucasians she has all kinds of allergies.

I have a close friend that used to make a living from student rentals in Melbourne. She literally bought up an entire row within 10 years just before 2005. Whole street became a PRC neighbourhood as her formula was do nothing but find ways to cram as many beds in that property. Heard from her son now all but 2 of those properties have tenants due to the pandemic. Something she definitely never predicted would be this bad.

I think at this moment in time unless you care for high risks best to just refrain from any major investment decisions till 3rd quarter of 2021 when much of the world would have access to the vaccine and most likely much of the storm would have died down.

Personally, we have been divesting a lot of assets in Malaysia especially our residential properties. It has already reached saturation point and any gains will not be above inflation. Anything sold will be put into agriculture land in England closer to the M25 the better.

Kind of sad to divest off as all of it were purchased by my late grandparents who were 1st generation in then Malaya. They had such big hopes and dreams in the 50s and 60s when they put money towards it but now here am I disposing it off but I have to do what I have got to do.

Yes - housing to PRC students are all suffering badly.

I have a lot of friends in Chinatown (business people) and they are all suffering because of the lack of PRC students. Chinatown is very near to UTS and Sydney Uni and the students have all gone back to China and cannot return - i got my payout because of a lack of students (ha. ha. guess where i work ). I initially thought i will get more than A$300k as a payout and it came in about A$50k less. Still okay as my colleagues (with less years than me) all got around A$200k (after tax because long service leave and annual leave is taxable at 32%).

This post has been edited by Garysydney: Feb 14 2021, 07:44 AM

I believe many would never return and it does not appear this is an industry that would recover anytime soon.

My dad was a teaching fellow at a uni in Perth. Mainly out of interest rather than for the money.

He decided not to continue for the following academic year as age is catching up and he prefers legal practice more than academics.

They downsized your payout due to the pandemic or you did a miscalculation?

We are paid 3 weeks for every year of service.

The payout has 2 parts:
Severance pay = No pf years service x 3 weeks pay (mostly non-taxable as it was below tax formula threshold)
Long service leave + Annual leave (taxable at 32%)

I have underestimated the amount of tax payable and there is a cap on the number of years service (i based my calculation without realising there is a cap). I was lucky that i have still a lot of long service leave (even though i have taken quite a fair bit in the last 2 years). My annual leave and long service leave totalled about 14 months and my base pay is slightly over the A$100k mark.

I dare not reveal to my colleagues my actual payout figure because my super plus the payout is way over the million dollar mark (Aussie) while most of my colleagues only came out to A$750k. The reason was because my super balance is very much higher than theirs because i have been contributing extra on my super (to the maximum allowed) over the past 12 years. My colleagues were having a good time and were just putting the minimal required in their super - compounding interest makes a big difference!!

Sorry didn't finish my earlier post as i have to go and have a shower.

Fellow's pay is the equivalent to a senior lecturer which in Sydney Uni is about A$150k (base). You get another 17% super on top of that. We had a lot of fellow(s) in my dept but because of Covid, these positions were terminated as the Uni is burning cash like crazy! All contract positions were not renewed since Covid and these were the first people to go (without compensation). I am a permanent staff so i got compensated for leaving

Does Australia have a state pension system or the superannuation is it? I thought usually the uni would have a retirement scheme that would allow you to draw a monthly pension as well?

Myself my working career has been a bit different from many because EPF I only have 3 years of contribution. However I do have 10 years of paying into CPF and into the German pension scheme due to a technicality when I was employed by a previous employer. Also have 18 years contribution towards UK National Insurance due to employment and owning a business. Thankfully I do have UK Right of Abode and can apply for UK citizenship thanks to a granddad being born in UK and a British citizen. Have not really decided whether to do so or not but I have somewhat decided that Malaysia is just not the place I would like to be and the hobbies I enjoy as well as the lifestyle I prefer are more suited for England or Germany.

Are you in the academics or administration of the uni?

I can imagine the uni must be burning away its cash reserves like no tomorrow due to this pandemic. Does the uni have any forecast on when their enrolment would improve and get back closer to its peaks?

For my dad's case they were only retaining 2 of the 14 fellows, he was asked to stay on but he decided it was better to make way for younger blood to take on the challenges of 21st century academics.

Aust has the aged pension and a couple will get it automatically at 67 (about A$700/week for couple on full pension). It is means tested so you must have assets below A$480k (couple) for a full pension. If you have assets between A$480k-A$880k (house you live in is exempt from the test), you get a pro-rata rate. You will not get anything if a couple has more than A$880k in assets because you are considered 'wealthy'.

I intend to live in Msia when i retire and it is very hard to meet the 2 out of 5 years requirement to keep our PR. It is very hard to stay 2 years out of 5 years in Aust esp for an older person. This will probably mean i may have to give up my PR - my wife definitely will not stay here in Aust as she wants to be with her younger sister in KL(2 years younger than my wife).

I am in an administrative/management role (involved in so many projects in my 30+ years in the Uni) - everything from IT support (Level 1-3), Project Management and HR systems support. I have stayed at the same position eventhough i was doing all kinds of unrelated work - one thing is my job is very easy as i have been here so long i know how most of the systems work. If i move higher up, i will need to be moved from a permanent to a contract position. Permanent positions are much more secure as they are the last to be kicked out. My position statement says i am a consultant (ha. ha. fancy title )

The University now is thinking of cutting more staff (forced redundacies) as the future for Universities is very bleak now - they expect PRC students to be reduced by quite a significant amount in the coming few years.

This post has been edited by Garysydney: Feb 15 2021, 05:20 AM

I guess you have mostly decided that Malaysia will be your new home. Any particular reason why you never took on Australian citizenship after so many years there?

I came close to giving up my Malaysian citizenship in 2009 to take on British citizenship but decided to hold off as at that time UK was going through a major economic crisis that appeared as if it was set to be game over and Asia was the future which was why I agreed to relocate to Singapore.

Did not realise their pension system is means tested and the threshold to be considered wealthy is relatively low considering income levels.

The uni my dad was a teaching fellow at had its own pension scheme for its academic faculty and a different scheme for its administrative staff. However only their permanent rather than contract staff could participate in it.

Your wife might be in for a surprise that her younger sister does not want her around. That seems to be the case with my mum and her 4 younger sisters. She thought she would spend more time with them but they mostly have different interests and priorities .

I have no kids and wanted to leave my options open (like retiring in Msia). If i had kids, most likely i would have taken up Aust citizenship because parents usually want to be around children/grandchildren when we get old.

The pension scheme you are referring to (for your dad) is the defined pension super scheme. I am in that scheme too - you can opt for a pension/lump sum. I am in the NSW State Super Scheme (SASS https://www.statesuper.nsw.gov.au/). I can elect to take a pension for life or opt for a lump sum. A lot of my colleagues are in this scheme and they have elected to take lump sum - you can 'double-dip' if you take the lump sum option. The reason why you can double-dip is because you can blow off (or buy a bigger house as own house is exempt) any excess by keeping your assets around A$480k (couple) so that you can still get the aged pension when you hit 67 .

Fascinating on the double dip. Never thought such a loophole could exist within the system.

Have you started disposing and packing items to be repatriated back to Malaysia then?

I wasn't aware of it at all - one of my Msian colleagues (taken up Aust citizenship) worked in HR and told me about 6 years ago before she left (also got payout as she was made redundant). She was just a junior in the Uni and was getting about A$72kyr base then - she had a choice between getting A$910/wk (for life) or taking a lump sum of A$620k. She has been working in the Uni for 30 years and she was 65 years old. She took the lump sum and at that time she wanted to upgrade to a bigger house and go on the pension (govt) after that. At that time, i thought she was crazy but now after many years thinking about it, it makes sense!! If you opt for your own pension (from your own superfund) then you will not be entitled to the govt pension.

I don't have much stuff left in Sydney - my wife has been taking a lot of stuff back each time we went back to KL over the past few years. I will probably give away all my furniture to a good friend who used to work with me at the Uni.

This post has been edited by Garysydney: Feb 15 2021, 06:56 AM

Women are like that one. But also the virus has kinda made everyone feel lower than ever. Maybe having the bags gives her a sense of security that everything is still as is. You can either get it for her or take her mind off of it. I can't really say to take a vacation together due to current situations. What I can really say is to possibly cut down on your own expenses and maybe buy the Bag "used" from carousell. Give it to her on your anniversary or some other important date for both of you.

Carousell Aus is still a good place for these kinds of stuff as the younger (read:gullible) people kept buying stuff they can't ultimately afford. You can bring it to a Chanel store to confirm its authenticity. Or buy a new one if she's the type that's very picky on it.

Though losing $250k must have been frustrating for you. But I'll assume most if not all your commitments are cared for prior to that.

PS. Fam member was an avid upcar shoe collector. Buy 50+ odd shoes but never really use em. In the end left the leather to dry rot.

Interesting though I could not imagine wanting a bigger home in my retirement.

I guess that would make things easier if there is nothing to cart back. Unfortunately that is something I do not know how to manage as there are some things that I just would not sell and could never sell or give it to anyone. One of that thing is the 1965 MGB that used to belong to my late granddad and was given to me by my now passed on grandma. I think I would probably pass it on to one of my kids or hopefully grandkids.

My wife has already got 5 Chanel bags and 2 Chanel purses (started buying about 20 years ago) . I told her even if she has 50 Chanel bags also not enough to satisfy her 'greed'.

I actually promised my wife A$20k angpow but with the condition that my payout is more than A$300k but because my payout was less than A$300k, she only got A$10k ang pow.

I used to have a few Rolex in my younger days (Day/Date, Datejust 2 tone, Submariner) but now i am just wearing a simple Seiko (bought rm650 about 10 years ago). I have sold off/given away to my relatives all my Rolex and i am a simple man who don't crave for designer brands anymore. I can afford these luxuries but i feel i have no more craving anymore (maybe i am getting older now). I look back and saw i had a lot of 'greed' in my earlier days.

Shit - you have a 1965 MGB? Those kinds of car will sell for a decent amount in Sydney (we have a lot of pommies here who loves their MGs).

I don't like to do housework so i would prefer a smaller place when i get older. In Sydney getting someone to do house cleaning will cost about A$35/hr (minimum 3-4 hours). That is why i like Msia - getting someone in is so much cheaper

Same here, I am not a housework person and I definitely do not do my fair share of housework. Thankfully I do have a maid that I employed to look after the kids. Unfortunately it has become much more difficult now to find domestic help as many left the country last March/April and the border has been opened for them to return.

Yes, my MGB was bought new in Oxford by my grandparents in 1965, they drove it around UK for a month and then drove it half the world to Kuala Lumpur. I wish I was as adventurous but the last time I brought it to Thailand for a classic car rally I loaded it on a flatbed to be transported to Phuket rather than drove it the entire journey. It underwent a full restoration in 2017 and on average I get asked once a month if I would sell it.

Greed isn't all that bad though, it give a sense of motivation to push harder and earn more. But being happy with whatever you have is great as well, taking care of face in front of others is tiring.

And really if you think 5 Chanel bags are bad.... you haven't met my grandma. Thank god ayam put more emphasis on function rather than aesthetics.

inb4 buy her a pasar malam chaplang Channel bag

Your MGB will sell for a motza in Sydney!

When i told my wife angpow may be A$20k if i get more than A$300k in my payout, she took me to see Hermes Birkin bags in the Hermes shop here in Sydney(King/Castlereagh Street corner). Aiyoh ! The cheapest handbag there was about A$14k - i only sat on their couch and she spent about half an hour going through all the Birkin selection. There was even a queue to go into the shop as they could only allow in a small number of customers due to Covid restriction. After viewing all the bags, the French salesgirl took us to see all the other Birkin stuff - homewares, furniture, scarfs, etc.. (3 floors in total). Told us we must join their membership (free to join) and once we show we have an interest in Birkin products, we will be given priority when we buy Birkin stuff. Aiyoh. All their stuff have at least four zeros (Aussie) .

After that i told my wife to keep the angpow i gave her and buy some bank shares, she wouldn't want to talk to me. I tell her every 6 mths can still get a bit of dividend - she gave me the ugly look!!

This post has been edited by Garysydney: Feb 15 2021, 08:06 AM

I would imagine that it could fetch a pretty penny indeed.

But I could not imagine ever selling it. I could consider leaving it at a museum but never selling it.

Sorry but that was funny, she's just sulking
She's on her track to becum liek bijan's wife?
Chanel ok lah but Birkin... GG

That's why - cannot never finish buying loh.

After that, she will ask - why your retirement savings every year so much more extra? Why don't go buy another Birkin?

She bought 2 Classic Chanel bags in 2015 (Jumbo Classic and another called GST model). One was A$6,250 and the other GST was about A$3,500. The GST is no longer being produced and the Jumbo which costs A$6,250 is now selling for about A$12,500. She then challenges me - tell you sure make money before, you don't believe..... Aiyoh I told her just because the price has gone up doesn't mean she made money. She kept insisting she has made money!! How to argue like that?

Haven't asked her to sell it?
Bet she'll be furious and annoyed with you throughout the day