Another thing i notice with buying overseas assets is the currency fluctuation. NOt sure if anyone has mentioned this yet..
As an example:
While we hope for the S$ to strengthen and therefore we get more RM (more bang for our buck), this also leads to our asset depreciating. Say you bought an asset X at $100. The value of money erodes if your coverted currency depreciates. Which means the value of your $100 may end up as $95. And of course you may lose even your profits especially if you wanna repatriate your currency back to spore.
But lets say you plan to live, retire and pass on in Malaysia... then you have profits.
So it depends how you wanna use your asset value say after a certain no of years.
As an example:
While we hope for the S$ to strengthen and therefore we get more RM (more bang for our buck), this also leads to our asset depreciating. Say you bought an asset X at $100. The value of money erodes if your coverted currency depreciates. Which means the value of your $100 may end up as $95. And of course you may lose even your profits especially if you wanna repatriate your currency back to spore.
But lets say you plan to live, retire and pass on in Malaysia... then you have profits.
So it depends how you wanna use your asset value say after a certain no of years.
Now I usually wait till RM 238.8 before I change. Today ( monday ) could be beter as its RM 2.40+ in the net.