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I used to pay my bills like Tenaga, quit rent, maintenance charges, all through RHB. Apply for savings & cheque a/c, both with internet banking. Do note that for internet banking, they will lock in your account if you do not login for 3 mths.

Sorry to hear about your situation, and all the while we thought you were so busy with your work and life becos you did not post for a long long time! Anyway, don't be too hard on yourself, we can only do so much with our 2 hands! Take it as a 'wake up' call, and be more nice to yourself from...

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...

you may post it in this forum under : "New, 2nd Hand or Sub Sale house in JB" I think all legal fees can be deducted from any profits made, so keep all original invoice & receipts pertaining to the house purchase. Not sure about whether loan interest is deductible ornot. Tax on profit is...

I still have confidence in JB, in the longer term of course. JB will flourish one day, albeit at a slower pace. Whatever Sg does, My can replicate in some way. Sg has a master planner – URA, therefore we have well planned towns. JB lacks the overall town planner, each landlord is free to build...

Likewise, I sold JB property and bought an investment property in Sg just to lock in the money to beat inflation. Loan is paid by my son's cpf and I get to keep the rental. I have tried to invest in M'sia but the outcome is no good. So 'kwa puah' pull back whatever residual money to invest in...

That is why in every economic cycle, there will be some millionaires who will disappear and some newly minted millionaires will rise!

The LH land was bought on 30+30yrs, it will get cheaper and cheaper as the lease runs down. Moreover, have to factor in the exchange rate loss, and also not forgetting the auditor and secretarial fees paid. In M'sia, need to register a sdn bhd company to buy land.

Ya, lucky to be still alive today in one whole piece, didn't lost an arm or leg, but just poorer and richer in experience, hahaha! During that time, I had read in the newspapers about people being cheated of their money when they had paid lots of money to middleman for some freehold land, but...

You are right! Luckily we pulled back on the construction, although the plans were ready then.

You hit the nail on my head! This sentence aptly summarised my situation back then: 'You buy and just leave it in your drawer'. After I bought it, I left it there until one day several years later, I decided to go and take a look at the site to see if the site has turned into a forest! Indeed...

long story cut short... bought the land thinking to build a factory on it, then can collect rental. At that time industrial rent was going for something like RM1.20/sf, construction cost was like RM90 to RM100, so 10,000sf build-up would cost something like RM900,000, rental income @RM1.20/sf...

I not so lucky with Malaysian property. Last time I bought a piece of LH land from Johor State Economic Board (forgotten the actual name), hold unto it for a number of years, later sold it off at a loss.

Yes I am referring to S'pore. I am hopeful of an enbloc because the place is under transformation. My son is prepared to hold it until the lease goes down to zero. So if the enbloc comes say in 10 yrs time , it's a bonus. It's just a wishful thinking on our part. We are taking a gamble!

sidetrack a bit since everybody talking about property investing... Different folks different strokes! Recently bought an almost 40yr old condo @850psf under son’s name. I ask myself: I must be crazy to be buying at this time at such a crazy price! Could possibly wait out another 2 yrs or so...

During the first few years, I too engaged a tax consultant for a fee of about RM200 or so. Subsequently, I filed the tax forms myself, just follow the format and input the figures for the past year.

Legal fees relating to your house purchase are deductible from your profits if you intend to sell away your property in future. So pls remember to keep the lawyers invoice and receipts properly.

16x300=4800x2=9600. You got so much discount?

Wondering, why did immigration write to you for address update? Don't seem to be the normal practice. Is it possible to lonpang your address with some relatives' HDB flat?

Yes, experienced investors like yourself and some others have been kind enough to send out early warning signs. The outlook in the foreseeable future does not look too good. Those who have already bought might want to think seriously what action or inaction to take going forward. Just hope for...