QUOTE(samftrmd @ May 15 2025, 01:33 AM)
Agree.
I have a flat that I bought over 29 years ago that I want to sell. Even the decades long capital appreciation is not enough to get me a new unit these days. The rental income just enough to not starve. I think owning property for poor people is just a tool for forced saving. Have to be rich to earn significantly from property. Calculating the KWSP returns over the decades. If I don't count the rental income, I think putting the money in KWSP will get me almost double returns compares to the flat. If I can turn back time, I'll just all in KWSP.
I feel like all these years; I just helped the bank gets richer.
Is a trap LELELELELELI have a flat that I bought over 29 years ago that I want to sell. Even the decades long capital appreciation is not enough to get me a new unit these days. The rental income just enough to not starve. I think owning property for poor people is just a tool for forced saving. Have to be rich to earn significantly from property. Calculating the KWSP returns over the decades. If I don't count the rental income, I think putting the money in KWSP will get me almost double returns compares to the flat. If I can turn back time, I'll just all in KWSP.
I feel like all these years; I just helped the bank gets richer.
May 15 2025, 10:52 PM

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