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 Working overseas, buy or wait?, property in Malaysia

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TSAREA51
post Feb 11 2024, 07:55 PM, updated 2y ago

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Hi all, I'm working overseas now and have the intention of coming back to retire. Question is, should I be buying a property now or buy only when I need it in the future? Looking at highrise for now...

Asking because generally I feel that:
1. Appreciate is slow/non-existent
2. From a foreign currency point of view, possibility of a loss in value is very real as seen from the steep depreciation of MYR
3. Rental yield is poor vs other investments say stocks

Feel free to correct me. And what advice would you give in terms of buying now vs future? Thanks!!
TSAREA51
post Feb 14 2024, 08:06 PM

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Thanks guys for your insight. Think I'll just wait instead...

 

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