We had recently put our Sg terrace up for sale to test the market but also seriously toying with the idea of early retirement in JB. Just had a viewing by a couple in their late 50s to 60s just now and they seem to like my place and are considering now. Now thinking if I should have asked for higher than 2 million which was my valuation 6 months ago and what to do if they really want to buy as I am still awaiting my state consent!
IMHO, you should rent out your terrace instead for following reasons:
1. landed property (in fact all properties lah) will appreciate over time
2. rental income from your property acts as a hedge against inflation. rental goes up in line with inflation
3. due to land scarcity in sg, properties here will always do better than MY in the long run
You should rent in MY instead as there are many cheap rentals available (spoilt for choice)
Assuming yr landed rental income is $4,000 a month. That works out to be about RM10,000. In turn, you pay just RM2,000 for a MY property. The balance RM8,000 should get you by.