Interest paid on loan is tax deductible

Interest from FD is taxable

Depends on tour tax position

Make it simple for you.

If you have paid more than 7 years of your 25 years housing loan then put money in FD better. Or throw 100k into the housing loan to reduce principle on loan and balance to FD.

Housing loan interest are loaded up front, not straight line. You paid 90% interest 10%  principle on first few years.

Therefore trying to clear the loan after paying most of the interest is very welcome by bank 😬 and a bit unwise for you.

Huh since when interest paid on loan is tax deductible?

eg you having housing loan 500k, you park your money at semi/fully fexi loan.

if you wanna apply another 500k housing loan, it will be hard, unless your income very high.

Ya, it is getting harder to gain from property investment, only agents who selling properties can make money. Unless you just wan to diversify.

Many of my middle age colleagues have liquidated their property investment to pump into their EPF until over 1 mil, so every year can cash out some of the dividends for spending.

Credit score is scam. Banks have different credit requirements

YTLreit , Sunreit and Maybank share .
I dint put into KWSP becoz i still <40yo and need cash/liquidity .

Not as simple as that, ccris are one of it. There are other requirements as well.

For us normal individuals, 1. Debt Service Ratio, 2. Make sure CC within 50% of usage, 3. No default payment.

If you’re high networth you will be treated differently.

U can check here lur , juz treat it as low risk investment with steady div .

https://klse.i3investor.com/web/stock/overview/5109
https://klse.i3investor.com/web/stock/overview/5176
https://klse.i3investor.com/web/stock/overview/1155

I prefer tis portfolio thn UT , UT pay fees but fund mgr canot guarantee return if choose wrong example china portfolio GG .

U go bursa choose the listed reits share, then see their dividend yield records, all doing quite good in last few years. Minimum 3-6% over pass five years if not mistaken. But REITs share is still subject to price risk. My friend suffered some capital losses when he sells his reits shares in December as he need cash to pay downpayment for new car, lol. But overall he received good dividend in past 3 years compare to FD.

And reits fund all invest in commercial properties, like pavilion reits which hold all the shops in their own mall with very good rental. Some even trading in warehouse and factory, or landbank, which record very high capital gains in pass few years. So far I don't see any REITS hold condo sell by developer la, haha. All these info are from my friend who really spent time to read their report, which I will never do that, lol

My colleague's condo was bought in 2006, although the price has doubled, but he notice the recent price is dampening, and rental also not doing well as more new condo with good furnishings were built nearby his condo, he won't dump any more cash to renovate his unit, so he has just sold it and put the gain into his EPF.

So if your condo was bought in recent years, then better just continue to hold it, and find good tenant. As long the rental can cover 80% or above of your monthly installments and maintenance, consider very lucky already