This evening, having chance to work with my neighbour to distribute the mailer to our others neighbours to inform on the coming Saturday gathering.
Got to know well on my neighbours especially one family from Singapore.
All the while, my wife and I wonder what is he doing and so free.
He help all of us watch out the neighbourhood during the day time.
Always update us through whatapps what is going on in our Taman and make effort to contact relevant parties to solve our Taman security issue.
Through out the conversation, I found out that his wife is local here and move to BM for 2 years.
They bought the house here in 2009 CNY at the price of RM360 000.
At that time, there is no one want to buy into this area.
Compare with me, I booked on Jan 2010 exactly 1 year later which all units are sold out.
So he shared with me that basically he is living in Malaysia solely pending on their saving in Singapore.
His Singapore HDB flat bought at 2005 at S$170 000 currently is rented out at S$2500 which partially support his family needs here.
They will move back to Singapore at the end of 2016.
He will sell his house here. His initial check for the price now is around RM700 000.
He plan that once the house is sold, will put this RM700 000 in the Fixed Deposit which will earn him RM21 000 per year.It is a hassle free and no need to maintain the house.
He has 2 options to choose from:
1) Sell the house and put into FD to generate 3%, translate to RM1750 per month
2) Rent out the house for RM1000 per month
Which one will you choose?
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