They will make life difficult for the PRs, not the citizens. The recent policies of 5% ABSD for PR's 1st property, and disallowing PR to sublet out the entire flat is aimed at getting more PRs to convert to citizens, and I believe these policies have been quite effective in getting them to do so.
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Early retirement in JB
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They will make life difficult for the PRs, not the citizens. The recent policies of 5% ABSD for PR's 1st property, and disallowing PR to sublet out the entire flat is aimed at getting more PRs to convert to citizens, and I believe these policies have been quite effective in getting them to do so.
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So that the new Singaporeans can be screwed alongside the indigenous Singaporeans. LOL!
No this policy only create "citizens of convenience" whereby only one spouse converts to Singapore citizen to milk the system.
Government should just give low priority or reject married couples or families where only one member become citizens.
As more people in their 50s get retrenched and with their paid up HDB and grown children, they can rent out their HDB and rent in Malaysia like Penang or if they want to be close to their kids, in JB....this message is often repeated by a poster in Salary.sg forum which is good as it gives hope to those retrenched....
As for myself, hubby 's job unstable again so really still trying to convince him to move to JB and let me semiretire at least...
As for myself, hubby 's job unstable again so really still trying to convince him to move to JB and let me semiretire at least...
Fully agree. The government should wake up and allow PR status for only 10 years. This period is more than sufficient for them to integrate and get to assimilate with the locals. Thereafter, they (all PRs, regardless of which country) must make their decision to either convert to Singaporeans or have their PR status revoked and will no longer be able to work in Singapore in future. This will apply to both single and spousal statuses. Otherwise, they will just continue to milk the system indefinitely and have the best of both worlds should it become necessary to return to their country of origin in their retirement years, which many of them are doing so.
All those working are contributing towards healthier economy and bigger tax base. Singapore needs to maintain a pool of young energetic workforce.
10 years is a fair duration for these people. By the end of it, they should be in their late 30s or early 40s and are no longer that young and resourceful anymore. Besides, the government still has to subsidize them in one way or another during their PR status. If they are still reluctant to convert to citizens, new blood can then be given a chance to come in to replace them.
SG needs them(PR) for GDP numbers and others.
Fair is a Utopia which does not exist unless u are 1 of them.
Wonder what Brexit will mean for property investors in Sg and Malaysia...
UK might lose a chunk of it's Financial Powerhouse. (Big Co & Wealthy funds).
They might choose relocate out of UK. Some might end up SG/KL.
Still too Early days to tell. Short term HUGE volatility.
Not a good time be in Shares now.
Sell in May & Go away.
They might choose relocate out of UK. Some might end up SG/KL.
Still too Early days to tell. Short term HUGE volatility.
Not a good time be in Shares now.
Sell in May & Go away.
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No wonder British High Comm has been trying to sell the bungalow lot for years.
The words are too common, too many search results, dunno which one is yours.
Seriously considering my move to semiretire in JB now. Have emailed Austin Heights international school, hope still got vacancies and not too late to start school. Also contacted an agent for JB condo rental at rm1600 for 4 bedroom 2000 sq ft and called M1 to enquire about my contract too.
Also have viewer for selling my Sg terrace but also putting it up for rent as may not want to sell.
Hopefully, can work just 2 to 3 days a week with this arrangement and still have the same savings as working fulltime in Sg.
Only bugbear is the expensive Sg car which if I sell now, have to TOP up at least 20k.
Also have viewer for selling my Sg terrace but also putting it up for rent as may not want to sell.
Hopefully, can work just 2 to 3 days a week with this arrangement and still have the same savings as working fulltime in Sg.
Only bugbear is the expensive Sg car which if I sell now, have to TOP up at least 20k.
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So you have quite made up your mind to move into JB!
4 bedrooms at RM1600, sounds like quite a good deal; less than S$600 pm! Renters market now?
Wondering how much is owner's mthly conservancy & maintenance charges?
I was paying RM442 pm for con & serv charges before I sold off my unit.
It's better to rent a new condo, less problems I guess.
If it is an old condo, you may like to make sure the water that comes out of the tap and water heater is not rusty before you sign the tenancy contract.
4 bedrooms at RM1600, sounds like quite a good deal; less than S$600 pm! Renters market now?
Wondering how much is owner's mthly conservancy & maintenance charges?
I was paying RM442 pm for con & serv charges before I sold off my unit.
It's better to rent a new condo, less problems I guess.
If it is an old condo, you may like to make sure the water that comes out of the tap and water heater is not rusty before you sign the tenancy contract.
Owner now asked for rm1750 as it is 6+6 tenancy since my semiD rented out will be available in May next year.
Wow congrats.... Yah, if you can do so now, you should. Singapore is too stressful... work and work.
My personal opinion is you should sell your SG terrace while you can, since you've already had it planned out. If you have read numerous reports, there is also oversupply of properties in Singapore for many years. Prices will continue to drop along the way. But just my advice. I may be wrong.
If you foresee going back to SG now and then, you definitely need a car to be parked in SG right? So you'll have 2 cars, one in SG, one in Johor.
I didn't know you can rent a Johor 4 bedroom condo, 2000 sq ft for only RM1600?!! That's dirt cheap! Do you mind sharing roughly which area this is? Thanks.
My personal opinion is you should sell your SG terrace while you can, since you've already had it planned out. If you have read numerous reports, there is also oversupply of properties in Singapore for many years. Prices will continue to drop along the way. But just my advice. I may be wrong.
If you foresee going back to SG now and then, you definitely need a car to be parked in SG right? So you'll have 2 cars, one in SG, one in Johor.
I didn't know you can rent a Johor 4 bedroom condo, 2000 sq ft for only RM1600?!! That's dirt cheap! Do you mind sharing roughly which area this is? Thanks.
