Retirement in a foreign country is the dream of many. It is expensive to live in Singapore. We have high inflation, high housing cost and high cost of living. In contrast, our nearby countries can offer the same quality or even better retirement life at a fraction of Singapore’s costs. As more of my friends are approaching the age of retirement, discussions come up on an … [Read more...]
So you plan to retire cheap?
Retirement is a big topic in life. Retire cheap is a popular topic these days. The banks have been printing money for years. Until one day we all face runaway inflation. We complain that everything becomes so expensive. It is particularly hard for those who have retired. They must find ways to cut costs. As expected, reasons from people who want to retire cheap are often … [Read more...]
How will bankruptcy of Chinese developers affect us
When Chinese developers go bust, how will it affect us? After Evergrande, this Tuesday (September 19) another leading China property developer Sunac filed for Chapter 15 bankruptcy protection in the US. The country’s second largest developer Evergrande is estimated to be US$340 billion in debt. The company lost US$81 billion last year. Similarly, China’s biggest … [Read more...]
4 lessons we learned from buying homes in Johor
On the first day of 2021, our Prime Minister broke the bad news that the Kuala Lumpur-Singapore High Speed Rail (HSR) project had been terminated. Several Malaysian news reports quoted unnamed sources that the Malaysian Cabinet would go ahead with the project without Singapore and end the railway in Johor. Early this week (Mar 29), Singapore and Malaysia announced that they … [Read more...]
Podcast Ep#30: Where Is The Market Demand?
When we buy a home or invest in any property, there is a key question we need to ask: Where is the demand coming from? In this episode, I am going to cover the topic of supply and demand from the point of view of a fellow home buyer. Let me share with you my thoughts on two questions: 1) Who control the fate of the property market? Is it the developers, agencies, banks, … [Read more...]