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Single storey terrace becomes 2 storey
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icehart85
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 Feb 17 2021, 02:04 PM
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QUOTE(Garysydney @ Feb 17 2021, 12:17 PM) Actually i like Sri Penaga opposite Bangsar Shopping Complex - looked at a smaller apartment in there and the compound is beautiful. Looks like the price has dropped quite a fair bit there (judging from asking prices in iProperty) since 12 months ago. I was thinking of investing in another condo once i retire but now with the outlook in Malaysia looking so bleak, i am having second thoughts  Do you mind me asking what is your expected monthly expenses if you are to stay in Malaysia? |
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icehart85
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Feb 17 2021, 10:19 PM
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QUOTE(Garysydney @ Feb 17 2021, 03:11 PM) I think i will need about rm10k/mth for me and my wife. We won't need to pay rent/mortgage and car loan - just need money for food/groceries, fuel and utilities. Possibly budget a bit for helping siblings. I don't know if rm10k/mth will be sufficient as we are quite thrifty. Should be sufficient if you spend wisely. Since you have the budget already, you have to account for inflation of say 2% p.a. and then work out how long can your current funds last you. I think if you can get 30 years you should be safe already |
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icehart85
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Feb 18 2021, 10:07 AM
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QUOTE(Garysydney @ Feb 18 2021, 09:02 AM) Malaysia is very good for retirement - it is a lot cheaper compared to other countries. You got so many choices to choose from - i see people in KL living with less than rm2k/mth supporting kids as well. Wow!! You get cheaper food as well as high-end food as well. If it is not because of this Covid, Malaysia is a paradise for retirees!!  Yes there are a lot of expats and MM2H applicants before the covid pandemic and yeah you really do get more bang for your buck expenses wise. It is paradise compared to other countries. |
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