Well.....personally looking at the situation in Malaysia, I don't think it's trajectory gonna change anytime in the future, barring any gamechanger. It doesn't matter which party is in power, the trend will not change.

So, do you think that building a life in Malaysia is still the best option for most people and for their children? Or is going overseas the better option?

For me both have their pros and cons but I can share with you what I see to be pros and cons.


Pros of staying in Malaysia:

- Low cost of living
- Familiar environment
- More laid back compared to fighting it out overseas
- Familiar food
- Familar culture

Cons of Malaysia

- Weak currency
- Economy is falling further and further behind every year and doesn't look to be recovering
- Education is quite lacking


Pros of migrating

- Higher earning with stronger exchange rate
- Better education
- More developed industries for the aspiring person

Cons of migrating

- Most of the developed world has insane housing and living costs which minimize or negate any advantage in earning power increase
- Stressful as you are a migrant
- Not familiar food


Hence, I think, the best is to work in Singapore then retire in Malaysia. Earn SGD then retire in Malaysia to spend it. It is better than working in Australia, US, Europe, Japan, Korea, Taiwan which is probably a struggle to earn enough to have a high quality of living.

It is also better than working in Malaysia and struggling with the weak currency as well

Do you agree?

This post has been edited by sinkiebaru: Aug 14 2023, 03:52 PM

Pros of staying in Malaysia:

- Low cost of living


malaysian agree?

live in MY?

have u no shame? dare to called urself "sinkiebaru" ??

Pro of Malaysia:

can buy any number of cars, don't need bid for COE

agree if you earn SGD.

Why not work in Malaysia also retire in Malaysia?

SG salary is too low to match with /k salary.

/k average is 20k.
Convert to SG like 5k only.
Meh~

It's low because RM is weak.

If earn RM you don't feel it is low.

But it is low if compare to other countries in exchange rate terms.

How many dupe account do you own...dang

dont come singapore to work. singapore now not for human to live wan. expenses, living cost and rental more expensive than msia. dont come singapore.

What do you care how I live my life? It is none of your business. Besides, I am just discussing here. I am still in SG for now. Not ready to retire yet.

This post has been edited by sinkiebaru: Aug 14 2023, 03:57 PM

shameful dupe

Rather live in China instead. (Being a chinese)

Not like Malaysia is bad, but just... Sudahlah no need mention.

Makan, medical, life, semua not ok nowadays. If back then around the 80-90s still ok la, got hope. 2023 and further, later mati tepi jalan also tatau for what reason. Racism ke, too puteh ke, too local ke, too high profile ke, or you face problem.

For those young adults, if have the opportunity, commit around 5 years of your life for the sweet sweet x3, and good CV points.

Hwz >>>>

akceli if you have already set sight to work in SG, i.e. working abroad far away from your hometown and friends, there are other countries besides SG in this world...

if malaysia so shitty why do you want to retire in a shit country?

I did not say Malaysia is shitty.

want low cost go indonesia , not MY .

what are you saying then?

Faster stay before PuAS take over..

No, work for SG company earn SGD, but stay in Msia WFH, only go in meeting few times is best job

If retire foreveralone in MY can la

I am saying the economic and career development prospects in Malaysia are weak.

- Low cost of living in MY...

to be honest, not really...my hometown, i also find the food is expensive...
the house price is even ridiculous...

Cost of living is a function of % of expenses you pay vs your income. If your income is low, your cost of living will be high. Say you spend $3 to buy chicken rice in SG and you make SGD3K, that's 0.1% of your income spent on 1 chicken rice. But in Malaysia, say you pay RM8 for the same chicken rice and your income is MYR5K, that chicken rice is 0.16% of your income and thus cost of living in Malaysia is technically higher than Singapore.

Overall, unless you want to own a car or properties in SG, cost of living in SG is not as high as M'sia (at least on food and other sundries).

aside from the x3 currency in SG, I feel Malaysia is better in every way.

Cost of living and doing business is very high in Singapore. In fact I know of mnc are now comparing if its really worth having a hv in Singapore. They are considering Spain and Portugal. Of course it won't happen over night. Maybe in 5 to 10 years.

Btw TS ...HWZ is -----> way

This post has been edited by bengang15: Aug 14 2023, 04:38 PM

Your forget :

1. Safety
2. No rnr

>x abih abih tered kebodohan TS topkek
Nearlee

Chiang Mai better
When burning season just go stay in Phuket or Koh Samui.

if you manage to find such jobs

bear in mind SG employers could just hire from cheaper countries, and they can lowball you kao kao, pay you in RM only

This post has been edited by bigduck: Aug 14 2023, 04:41 PM

kampung site still cheaper meh. nasi lemak daun pisang sebungkus still seringgit in baling. makan nasi bungkus still below 5 ringgit..

Still contemplating if I should retire in Malaysia after >10 years living in europe

Not sure I can adapt to the head and humidity in Malaysia

But convert GBP to MYR is very good

where do you stay? I stay in penang and bought a condo with 3-year singapore salary, fully paid in cash

same like ppl work at Penang Selangor but vote at Kedah Kelantan

halo LHDN

you penang inland or outland... price different is big yo

island of course, tanjong tokong area, the condo is just RM500k in 2017, easily doable with 3-4 year singapore salary if you know what you're doing

wow, 500k is cheap... for inland...

u will complaint until u die since u already been pampered in singapore for long time

there are even cheaper units, RM300k affordable housing, just that I don't qualify. Still alot of these sub-500k units around the island especially in bayan lepas area if you know where to find

Grass is greener on the other side huh?

Maybe I buy bungalow then complain hard to maintain. Lol! Who knows?

I can possibly do the commute to SG thing from JB. I only need to go office 2-3 times a week. Only thing is my children's schooling. If they school here, then I will probably stay on in SG until they finish school.

This post has been edited by sinkiebaru: Aug 14 2023, 05:15 PM

Syukur
Mana mana ada Barang naik


Oh wai

This one is whose dupe? Hard to keep track nowadays

No,

Work in MY

Retire in MY

Die in MY

If work in SG, everything kena fined & will have mental issues, die already also no land to get buried.

TLDR

safety is huge factor

i drive in marehsia i feel fearful. if motobodo langgar me, i have to run away because idiots will think i sarahan

in SG no need so difficult.. just follow law everything nice...

if no kids then come back je

if got kids then u gotta worry about their education and opportunities etc.

Kids too. I see 7-8 years old independently taking public transport. Incidently I don't like driving in Singapore. Very stressful. Lol

According to /k, living and working in SG means wife cheating, lose job but still need to raise kid that is nt urs, become gambling addict, and murderer

Oh wai..

Hiring Msian has more advantages over other countries. Put aside cultural similarities, Msian can stay in JB, go to SG office few days a week, few days a month. This enables company to pay lower, Msian saves rental n expenses in SG. If u’re existing staff, it’s like a payrise. My company has this policy even for Singaporean staff. My frens n neighbours have such jobs. Even Msia company also start to offer such arrangement already. Like company in KL or Semenyih but u only need to go few times a month, the rest WFH

If have kids, better stay in SG. Childcare is in the office building or nearby building, very convenient

This post has been edited by Taikor.Taikun: Aug 14 2023, 06:58 PM

Childcare doesn't matter. Can be in Malaysia. But schooling.

sinkieland not for everyone. not all employers take care of employees. but there are some that do. meritocracy means if you're good, then progression possible unlike white countries where skin colour is a factor. like all countries, there are also businesses who exploit workers so beware.

I know some who reach managers within a few years earning enough to be comfortable even in high cost sinkieland. I know also of some who didnt make it, had to return back to bolehland, no shame (no issue)

whether go or not, get job offer then decide. no offer = talk only. find out more about employer before decide. different people different experience.

Sounds like life plan of any average kelantanese

In mareshia even cars anyhow pop out into your lane (no signal) whilst losing engine power to “overtake”

Plus nice hot day federal hwy, hog middle lane driving private car slower than a SBS bus (which is limited to 60)

This post has been edited by ceo684: Aug 14 2023, 08:38 PM

Why even work? Get bantuan lah in Malaysia. The gov takes care of us.

kayacrab any comments?

Why I don't see you guys in the same thread?

Later IP detected same ....

Inb4 one personality can only manifest at one time

This post has been edited by Knnbuccb: Aug 14 2023, 08:40 PM

if no kids ok

if got kids - NO

Retire after kids go to uni

US AU NZ UK DE higher currency not just SG

check their tax rate, then check singapore's

Actually 1990s-early 2010s i always look down on those mainland cina.
then in 2018 I visited beijing for business trip, i was in shock, and the real mainland ppl told me how they feel travelling out from china to (according to them a third world country like you know where), which there is no points to refute them.

Btw they didn't say third world country, or developing country, they used another term....

Nope,

Work and die in singapore is better...msia goyt PuAS

this can

unless u stay landed if not , same aje at SG

What do I care about PuAS as an ex-Malaysian? If anything, it screws up the economy more, makes things cheaper for me.

Cheaper but not safe...lol

What's so unsafe? I don't stay in Kelantan.

Try getting similar level job there...

Always think like batman ... Think few steps ahead

Best if can be like doctor strange kepala pusing then see millions of possibilities

Lol pay in UK isn't even as high as SG

Sg is safer...good healtcare.. why bother to live time bomb in msia

Of course no shame .. imagine u work there then jump back n convert SGD, plus maybe get higher post in marehsia when jump back. Malu apa bossku ? Bising banyak just stuff the person's face with SGD...

This post has been edited by Knnbuccb: Aug 14 2023, 09:18 PM

I try not to be like Dr Strange at least 3 times every week.

So the rest of the time u imagining the different girls that could have been in your bed? Hnnnghhhhh if ayam got Dr strange powah ....

This post has been edited by Knnbuccb: Aug 14 2023, 09:21 PM

I prefer to concentrate my powers on MTK. Women are already my reality. A jackpot win isn't.

Indeed safer. Of course. But 10x more expensive housing and 3x more expensive car.

This is me now..going to sg office whenever I like

Never seen them in the same room

Sinkiebaru, Kayacrab and bengm

Now more Singaporean request to move to JB. They go in SG only when needed

Give you my honest realistic feedback, since I've worked in both countries:
1) After yesterday's state elections, you can already see Malaysia's future in the next GE, and up to 2050. You pandai-pandai read all the analysis ya.
2) What do you think Malaysia's education system is like today? Do you think it's good? Is it in the Top 10 ranking in the world? You decide your children's future.
3) Going overseas means where? Is it easy for you to get work visa sponsorship? Do you want to migrate for good? Give up your citizenship?

Pros of staying in Malaysia:

- Low cost of living => Are you sure? Who do you think has a lower cost of living? A Malaysian earning RM15,000 or a Singaporean earning SGD15,000?
- Familiar environment => How old are you? Do you feel Malaysia gives you the same familiar feeling compared to when you were growing up?
- More laid back compared to fighting it out overseas => How do you objectively compare this?
- Familiar food => Fair point, but learn to masak sendiri.
- Familar culture => Fair point, but culture comes from within.

Cons of Malaysia

- Weak currency => Tahu, takpe. Just look at Malaysia's currency in 2003 vs. 2023. 20 years. How much has it depreciated on a long-term basis.
- Economy is falling further and further behind every year and doesn't look to be recovering => Can you come up with a realistic plan to save Malaysia's economy? If you can't, you think corrupted politicians can? Tak boleh pakai one.
- Education is quite lacking => Education in Malaysia is designed the push more divide between races & religion.

Pros of migrating

- Higher earning with stronger exchange rate => Which countries? Will those countries welcome you with open arms? What value can you bring to their nation?
- Better education => Even some African countries have similar education levels vs. Malaysia, so yes, overseas education is getting better and better.
- More developed industries for the aspiring person => You can aspire, but does those nations aspire to have you as their citizen?

Cons of migrating

- Most of the developed world has insane housing and living costs which minimize or negate any advantage in earning power increase => Migrate as an expat. Get your company to cover your housing rental. Quickly apply PR & citizenship status to enjoy better housing benefits & lower tax rates.
- Stressful as you are a migrant => So you don't feel stressed in Malaysia? Everyday you smiling from morning to night?
- Not familiar food => You're an adult. Learn to cook your familiar food.

Hence, I think, the best is to work in Singapore then retire in Malaysia. Earn SGD then retire in Malaysia to spend it. It is better than working in Australia, US, Europe, Japan, Korea, Taiwan which is probably a struggle to earn enough to have a high quality of living. => Do you think Malaysia is still going to be a good place to retire in 2050 or whenever you plan to retire? I work in Singapore. I plan to retire in Taiwan, even-though I'm Malaysian and it's more expensive there. Why? Cause I still think Taiwan is better for retirement, as long as China does fight with US via Taiwan as a proxy.

It is also better than working in Malaysia and struggling with the weak currency as well.
=> One final argument here. If you had converted all your MYR to SGD each time you saved your money in a Malaysian bank under FD, your money would have earned more appreciation vs. doing a part-time job in Malaysia.

Malaysia Boleh!

I agree. But some singaporean cant tahan stay here and got back there after few months. Rindu Singapore

must be KK

I'm a sinkiebaru so I definitely know life in SG very well. I said pros is low cost of living. Which is true, even though the earning is low as well. For someone earning USD, EUR, GBP or SGD of course the cost of living in Malaysia is low. I'll add one more point to this. That Malaysia cost of living is really one of the lowest in the world with relatively good infrastructure. Lots of foreigners would absolutely agree with this. You could go look up numbeo, or some other site that does comparisons between cities.

Malaysians complain about cost of living but at least most people manage to own a home, and have a car. This is something people in many cities find unattainable, especially in developed countries. What is better, so seemingly earn a big income ( after converting to RM) but still struggling to have a roof over your head, or to earn less but able to have your own home?

I find it so odd that you think Malaysia won't be a good place to retire by 2050 but your alternative is Taiwan. That's so odd, I think Malaysia has a better chance of being around than Taiwan in 2050. But that's just my opinion.

This post has been edited by sinkiebaru: Aug 14 2023, 10:52 PM

But I'm not a born and bred Singaporean. I am a sinkiebaru. I am very accustomed to what life in Malaysia is like.

Commuting between two countries to enjoy currency savings is not a low cost of living. You are sacrificing / paying with quality of life, unless you can work remotely from MY 24/7, then it's a special advantage.
Foreigners working in Malaysia enjoying their lifestyle are usually under expat terms. Not really apple-to-apply.

How do you say most people in Malaysian manage to own a home, and have a car? What's the statistics behind this?
Bringing all your wealth earned from overseas back to Malaysia doesn't discount the long-term disabilities that you get living in Malaysia, where non-Bumi(s) are treated like 2nd & 3rd class citizens.

Retirement in 2050:
1) Malaysia = Still plagued by Race & Religion Warfare.
2) Taiwan = Peaceful country, but made a proxy between US/China wars.

Let's just say, if China goes to war with Taiwan, WW3 / Asia-Pacific War will most likely happen.
Neither Malaysia or Taiwan will be the same during wartime.

nothing wrong with that.... especially if already retired or company allows.
say every 5 months go back 1 month. Ok rite? opportunity to visit friends and family. reminded me of student life can go back during semester break.

Can a Singaporean even stay in Malaysia for a prolonged period of time?
Perhaps if you leave and enter the country every 30 days this is possible.
But I foresee a lot of issue here.

Unless you somehow get a long term pass or via the malaysia my second home program.

I don't care about 2nd/3rd class citizen nonsense. I'm not even a Malaysian citizen. No benefits will be accorded to me. As a foreigner, the only thing I need is a valid visa.

Home ownership. You can get an apartment for rm300-400k in Klang Valley. Even at rm200k there are options. In Singapore. If you are not a PR, SGD1M will barely get you a shoebox apartment. NYC/SF, you can barely get anything for 1M USD. The same with Vancouver. Similar issues in London. And Taipei, and HK, and Seoul, and Shanghai. You get the point. In KL you can rent a room for under rm1k, an apartment for 1.5k or less. What's the rent in those cities I mentioned above?

My spouse is Malaysian.

Things may not be as simple.
1. Have you actually tried applying for the Spouse Visa for Malaysia ? The amount of red tapes is not for the faint hearted.
2. I believe your wife is a Singapore PR ? After you all retire and start living back in Malaysia, good luck trying to renew the REP tied to her PR.

sinkie stay sinkie forever la

pm lee endorse your plan

when young give your brain power and tax money to majulah singapore

when old and sick return home and burden malaysia's health care system

Have you seen the type of areas / neighborhoods you can get an apartment in Klang Valley for RM200k to 400k?
Besides, when I retire, I don't plan to stay in Taipei or capital cities. Kampung lifestyle for me.

China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers

Youth jobless rate is four times overall surveyed jobless rate
More young graduates expected to enter workforce in summer




2 biggest problem

Youth unemployment is a more pressing issue than the aging population,”



says Keju Jin, an associate professor at the London School of Economics and author of The New China Playbook.


“The 1.1% annual reduction in the labor force doesn’t compare to the fact that the most productive and highly-educated generation cannot find jobs.





By Bloomberg News


2023年6月15日


China’s youth jobless rate edged up to a fresh record in May as the economy’s recovery slowed, adding to challenges for policymakers as new graduates join the workforce.

The unemployment rate among those aged between 16 and 24 reached 20.8%, up from 20.4% in April, according to data published by the National Bureau of Statistics on Thursday.



That’s four times the overall surveyed jobless rate, which was unchanged at 5.2%.





Read More: China’s Aging Population Is a Major Concern. But Its Youth May Be an Even Bigger Problem




Youth unemployment has stayed elevated since early 2022 as Covid disruptions and a property slump added to already existing structural problems in the labor market.


Many companies are reluctant to hire in the face of a lackluster recovery, while cash-strapped local governments are also trying to reduce costs. Summer is usually when the jobless rate climbs as tens of millions of graduates flood the market.



Lu’s experience underscores a twin economic challenge that China is facing—an aging population and young people unable to find work who are expected to care for them.





By 2035, around 400 million Chinese people will be aged 60 and over, or some 30% of the population.





Last year, deaths outnumbered births for the first time since 1961, further graying the nation’s demographic balance.


Terrible !!!!!!!!!!!!!!!

This post has been edited by plouffle0789: Aug 15 2023, 05:42 AM