Of course, only those animals that follow others without thinking, are called Monkey see Monkey do.
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Property News
- Thread starter FHBH12
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Of course, only those animals that follow others without thinking, are called Monkey see Monkey do.
1Medini was launched in 2012. Long before the RM1 million rule take effect. So please stick to this 1 Medini 720 sq ft RM1,100 rent subject.
I always respected Singaporeans. When it come to opportunities and how to make money, they are the best.They will calculate to the last cent to 3 decimals. They know their limitations deep in their heart and they know what they are doing. No need for me to tell them. When is the last time you ever read a posting that I tell Singaporeans to buy in JB?
Iskandar will NEVER be like Singapore. I said it a 1000th time. If you don't like Iskandar, please go back. Iskandar have no place for you. Don't waste your time here.
BOOM for Malaysian landlords, not you.
No point bring in the past, I can go in and write a book on how past policies in Singapore can make millions to almost any commoner but I don't harp on the past. Pointless to do so.
Yes you know very smart sinkies who count to the last decimal, I am one such example but the ones here, I really shake head. All the costs of investing are never considered, they are at the level of intelligence in property investment like me when I was still in school at 17. They have a very simplistic view, luckily I matured and became wiser but the people here are really CMI when calculating returns. Like I said staying and living and Johor to escape high costs is positive, investment is not.
You never tell Singaporeans to invest in Johor but you give tips to them which are irrelevant to them, like I said, same casino, different table and rules.
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Can live in your own house but cannot live in a bank? ;p
Many property investors never live and never intend to live in their investment properties at all.
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It is quite worthwhile to note here that Horizon Hills terraces ( fully furnished ) used to be rented out for RM 700 a month. Double storey 2000+ built up square feet.
It is these types of rental that would stretch the majority of Singaporean retirees money and only Malaysian landlords can give those rates as they bought really cheap.
That is why I say no point hoping for silver tsunami and what not. If anyone can pay RM2,000 to RM3,000 per month on rental, they would buy their own unit. More well heeled would stay Singapore or move to OZ, NZ, UK, US.
There are finer things in life than just $$$ alone. Unfortunately for some, they don't seem have at all.
There are finer things in life than just $$$ alone. Unfortunately for some, they don't seem have at all.
yes, some just dun seem to have grown. sad.
There are finer things in life than just $$$ alone. Unfortunately for some, they don't seem have at all.
Tell that to those on those forums every day talking about rental and returns.
Wow, forumers who dont pay much taxes are insulting the intelligence of people who pay much higher taxes! Its such an irony, isnt it.......
Hahaha...If at 17 already so clever last time, now wiser still squatting in here. how far can you go?
Maybe he not tax payer leh.
Whether you had bought or thinking of buying, for those who are thinking of using the rental (especially around the same area) to offset their loan repayment may need to look at this for reference.
1. How long had this unit been left vacant?
2. Was enquiry encouraging?
3. Do you think you can get a better rental?
4. How many more similar units are available in the market?
5. If buying now, with this kind of rental (if you ever find a tenant), what will be your yield?
6. Any chance of rental improving in near terms?
I was saying I was not clever at 17 but at that age, I was already interested and aware of the concept of passive income. My only exposure then was putting money in FD in the bank.
Later in life I learned about leveraging, and how to make money work for you by borrowing from the bank.
Confucius say : "Any business person worth his salt would pay less taxes and earn more money than the guy who earns less money and pays more taxes."
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There are only 2 things certain in life: Death and taxes.
One shouldn't masquerade as an intelligent, high income earner if you don't pay much taxes.
And I would say I would happily pay my taxes, the more I pay, I more I earn.
Then you are moving in the wrong circles.
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