If you want to retire in Malaysia and u love city life but dont want to face the traffic in KL. Trying living in Cyberjaya. Come January 2023 there will be a new MRT station so u can travel to KL for about half an hour without having to drive. Cyberjaya is a very low density township and properties there are way cheaper than KL. I bet with the exchange rate, u can afford to buy a landed property which is really cheap as well. Im actually going to live there in 1-2 month from now. Im really excited because I have had enough of living in big cities 🤭. And while KL isnt Singapore safe. I wouldnt say its dangerous. At least for global standards. I have live and travel abroad. I can say Malaysia is not any less safe than most developed countries, even safer than some developed countries (Especially America 🤭).
Living in Singapore is like a stressed out fish in a nice circular aquarium. The plants are all spaced nicely to look symmetric. All sands and rocks are cleaned daily to be as white as possible for visitor to be impressed. Living in Malaysia is like a normal fish in a small stream with natural rock, dead leaves, green algae. Just doing its business to live, eat, die happily.
I’m a Malaysian (SPR) married to a Singaporean. Recently my hubby and I talked about our retirement. Our 23 year old 4 room HDB is fully paid. We have no loan because we believe in living within our means. Our 2 elder daughters already purchased their own HDB flat. My hubby is still working as my youngest daughter is in 2nd year University. We are getting our monthly payout from CPF Retirement account in 3 years time. Not much but enough for our needs. For medical needs we have Medisave and insurance . We decided to remain here in Singapore as our family is here. I’m from JB which is so near and we visit my family in JB often. Transportation in Singapore is excellent . We are comfortable living here. We can go for holidays anywhere we want later when my hubby retire. My advice to young people is to start planning early so that you can reap the benefits later in life.
Dude, I m a Singapoean and has retired in Msia when I'm 41 in 2018. I quit my Offshore Oil and Gas job and now I m living a happy life and safe life in Cyberjaya KL. There is medical insurance coverage for a plan as little as 100myr a month and the rest of living cost is affordable. Now, I manage to do things that I like and do a side hustle here its easy without much stress. You will enjoy driving here especially to beaches. All the best Dude
I am in a long-distance r/s now and I am considering moving to KL to be with my partner. I don’t mind travelling back to Sin every three months just to chop the passport, but I know we can’t spend more than 6 months in total in Malaysia every year. What can I do? Does the customs really keep track of the number of days we are in Malaysia?
Cyberjaya is a nice place for singaporeans as its location is in the outskirts and from singapore you dont have to go through the KL CBD to reach it. Also its a well planned and clean. Welcome to malaysia!
As a Malaysian who used to work in SGP I can say life is much less stressful in M'sia. You don't have big brother looking over your shoulder 24/7 and people are more relaxed. For a Singaporean retiree the culture is very similar and your SGD can provide much better quality of life especially if you decide to live in Ipoh, Malacca or Kuantan where property and cost of living is much cheaper than KL.
Retire in Malaysia is the way to go. Very easy to do. Just get your properties in sg sorted out. Rent them out and rent a place in Malaysia. Buy a cheap car or use grab. Get insurance all in place. Enjoy life.
Surprisingly simple. There is just one more that i learn for myself. Put down Ownself big opinion about self-superiority so that i can become culturally competent. Quite a number of ppl in comment section are non-starter cos of this point alone 😅😅😅
Hi, Malaysian here. KL city centre is a hectic city but greater KL could be slightly less stressful than its central area..consider places such as southern part of KL areas e g. Kelana Jaya, Cheras, Puchong, Kajang... they're still accessible by train and other public transport system while be somewhat closer to KL International Airport KLIA, which you can take advantage of the cost to fly in and out from Malaysia. Rental in this area is 10-15% cheaper while food and groceries are about the same as KL city centre... for me living in this semi developed urban area is still cost effective than other places such as Georgetown or JB which are still somewhat busy and no train system and might have lesser access to things a proper mega city like KL and Singapore do In contagious Klang Valley area, the best places to live are those areas that are close by LRT and MRT system not other trains like monorail, KTM or others.. If you're retiring as single Singaporean you can live quite comfortably with a monthly budget of around 1500 sgd in this area I'm discussing about If you're more into nature lifestyle Kota Kinabalu is probably better than most island or coastal areas of Peninsular.. I heard there are many Korean expats living there which suggest it as a livable place to live as foreigner.
If quality of healthcare in Malaysia is not on par with Singapore you can always return home to seek treatment, for critical illnesses.. our private healthcare is definitely not bad to treat mild problems
@@SkyLee91 Singaporeans should really stop thinking Malaysia is JB only it is so ignorant. There are amazing cities in KL, Penang for example. KL is far more developed and was among the most visited cities in the world. Not to mention, excellent food, great infrastructure, world-class malls and top notch housing. Singapore in some aspects is not as good as KL.
@@al16899 Singaporeans should really stop thinking Malaysia is JB only it is so ignorant. There are amazing cities in KL, Penang for example. KL is far more developed and was among the most visited cities in the world. Not to mention, excellent food, great infrastructure, world-class malls and top notch housing. Singapore in some aspects is not as good as KL.
I was in Penang for a month last February finishing up my MM2H papers and I noticed that some Grab drivers were young females and they were working way past midnight. They all said it was pretty safe there in Penang. I never felt unsafe while traveling alone in Penang. Worth mentioning again is the fact that guns are banned in Malaysia (and Singapore to my understanding) which is great. At least you have a fighting chance if it comes to that.
@@user-zv4em2ii1z Not necessarily, many professionals in Singapore also side hustle after their main jobs doing the same thing as drivers or food deliveries. A good friend is a engineer, drives a BMW sports sedan and rides a bicycle doing food deliveries until 1-2 am. Its the mentality of many people here, if your body is able to do work, no reason not to make as much money as possible.
TBH, i am glad that some singaporeans willing to choose MY as a place of retirement. Of course there are some pros and cons. And some who thinks that retire in malaysia is a bad idea. But nevertheless, I love my country and who is willing to live here whether for work or retirement in MY is welcomed
Brian, I am having the same thought with you, last week I just met my counterpart, Singaporean, he just retired, he keep asking me to check how can he live in Malaysia as he love the life here, big houses, food is nice and cheap, life is relax, and can speak Cantonese as he got less friend speaking Cantonese in Singapore (Haha, I din know this is one of the reason for him and his friends), they purposely fly in KL last 5 days for vacations n just for foods, meeting friend, relax and singing session... I Welcome foreign friends living in Malaysia and thanks for liking Malaysia, My lovely country...
My is not that cheap for food if eat out. I had just returned from JB. 1 bowl of noodle from coffeeshop RM7 or RM9. Not alot too. Of course going as holiday still ok. Maybe Phuket or Bali maybe a better option as I feel safer.
1 very good option for those who have property in Singapore, you can rent it out and use the rental income to live a very good life in Malaysia. Best of both worlds.
Let imagine you are 60 years old now and I choose to retire and live in Johor/KL. Morning you want breakfast, you can cook or drive to buy something. In sg, u can walk to buy coz sg is small and many food stalls are nearby. So for cost wise, it will involve car, petrol or electricity, car insurance, road tax, maintenance fee. Will it cost a lot for you? It depends what kind of car you drive, which come back to the question what kind of life style you want. Another big concern is living cost. As RM is getting weak and Malaysia needs a lot of goods to be imported, I guess in future living cost in Malaysia will be far higher than Singapore. You can use Singapore dollars to convert yes the rental is cheaper but for your daily expense like meal, grocery and entertainment. After SGD to RM, you will feel the differences is not big as pre-covid.
Do you know that at the lowest end you can get a 3-4SG$ used car? in some households including mine we usually have this type of cheap car which we'll use for 'pergi kedai/pasar' or drop family to nearby train station.. and for semi to long distance travel we use better car.. If you're retired and not a heavy car user as working people trust me it's convenient to keep a small car in your yard and drive nearby the area you live. If living cost is a concern to you imagine how much you'll need to expend if you continue to rent and pay for all your need living in Singapore...as a retiree I'd say you'll find it cheaper if you're living with your retirement fund..plus you still could continue to invest in Singapore which give you Singaporean dollar income Alternatively you can live in other ASEAN cities though I can see Singapore old folk would be better off than other ASEANs if they take advantage of geo abritage during their senior years.
For me when you are old, you living cost will be very low. What you need is easy access to good medical and daily groceries and most importantly local social support. Living should be fully paid by then. You can even rent out room if needed on top of your cpf payout. Should be fine retiring in Singapore.
Such non-sense. If living costs in MY rise, living costs in SG will be even higher and unsustainable. Also in MY just go and find good locations where malls, hospitals and eateries are available.
@@janice3941 one cup bubble tea in Malaysia is RM 16. One cup bubble tea in Singapore is SGD 4. U can see the difference? And don't forget the iPhone price as indicator of living cost of a country
You are wrong on the Tax residency. Malaysia only tax income earned in Malaysia, so if your income is from Singapore, then that income us not subjected to Malaysian tax. However your income in Singapore may be subjected to Singapore withholding tax if you are not a tax resident. It used to be 10% withholding. Having said that, you can still submit a tac return in Singapore and claim the excess, if your tax bracket don't exceed the withholding.
Honestly, there is really alot of information not covered when you want to live in a foreign land, to really experience it, do just go stay for 1-2months before deciding as there are many many factors that affect your quality of life. Natural Disasters, floods, haze, power outage, water outage, thefts, robberies, lack of 24 hr clinics/food within your area, hospitals that require you to submit your name and only admit you maybe after 24-48 hrs from application. Moreover cost to stay in Malaysia is 1m for MM2H buying homes in Msia. You can buy the ppty at 1.5m RM and in few years it becomes 1.2m or even if it remains the currency risk may cause your housing value in USD to drop, so yes you buy cheap but it becomes cheaper. There are many little things we do not notice until we really live in the environment and experience for ourselves. the tradeoffs are also there like the huge area you can travel around within 1 country compared to the size of SG and those are experiences that will not come by any other way. To each their own but please do not make a hasty decision.
Kenneth....his subject abt retiring.... Not investment. If for argument sake that if a Sporean bought a property at RM1.0m or SGD312,500 at current rate...No where in Spore even at the far corner of the island can u buy a property, either condo or landed property, at this price....not even close. Further, if ur argument is on xhange rate, it will depends which area where the property is purchased to reap the instant appreciation (not JB for sure...). 🤷♂️
@@ck51250 Hi CK thanks for the feedback. Indeed for some retirees they might not mind their ppty value gg down but there are some that might consider otherwise to still have that money to rely on. And for retirement indeed if there's enough then we can just buy and disregard the gain or losses. I also pointed other factors not related to financials eg the living condition and standard of life being different. End of day I still believe have a try living there first before deciding if you are ok to retire there.
@@SU-II...super expensive compared w which ctry ? May I ask ? With due respect, the writer is comparing w Spore only..... 🤷♂️ Prior, retiree must hv FD of not less than RM300, 000 (for 50yo & below) or roughly Sgd97,000 or roughtlybUsd67k) ..... So, how much is deem lower ? 🤔
Welcome to retire in Malaysia. Just that you need to readjust your lifestyle & expectation in almost everything. Yup Malaysia is kinda slow pace, but soon you gonna realize slow pace is not always bad, you even appreciated it during your retirement life. Please don't blame too much on our short coming against decent services in Singapore because there's always a trade-off, just learn to tolerate. & please stay away from our local politics. Let us locals fight with each other, you guys just chilling enjoy your retirement life mmkay (at least thats I'm gonna do during my retirement..not gonna get myself into trouble in my old age)
@@jam729 Ayer Hitam Reserved Forest is next to those stay at Lestari Perdana, Seri Kembangan or Bandar Kinrara, Puchong You need some time to do your study
SG is a place to make money...MY for living...who want to retire in concrete bird house where we can rent / buy cheap kampung house somewhere in Perak..got plenty of waterfall too...
Dont need to think so much. Just rent a month in any part malaysia and then thailand then vetnem etc ( 1month abnb is few hundred no need worry if you dont like) . If you change your mind just come back, . just keep within badget is not alot using budget flight. incase you decide to stay longer can repeat few month or apply for longer stay or retirment resident . the only extra 1-2 hundred for flight etc . why think so much just go and try it when time come.
Good advices. Food in Kl not fantastic. I’m Malaysia and went back to Kl for holiday. Services is bad, food quality is bad n people not friendly at all when asking direction.
There must be many good reasons why Japanese choose Malaysia as the top country for them to stay, for 13 years in a row already. Many of them apply for the 'Malaysia as the second home' program as well.
@@نورعيني5103حسين I hv watches countless Japanese telling their reasons why they choose Msia. To them, cheap is not the only word, must be value. Interestingly, multiculturalism is very very important to them... Even healing. I appreciate that, cos I hv lived in a land of "forced uniformity" for 42 years. Juz sharing.
@@anchored555 Even those who can afford to retire in Sg will find it a boring place after two weeks. Malaysia has much more to offer, the country is much bigger to travel around, food is great, lots of places to hang out for different ages and people there are friendly and caring.
I'm agree with the majority of your analysis but about the public transport part that you said Malaysia lacks in comparison to Singapore, well as a KL resident I can confidently say that our public transportation system is modern and sufficient enough and of course comparing Singapore with whole Malaysia in this regard is highly unfair because Singapore is actually smaller than the KL itself (Google it) so you technically can have access to public transportation everywhere in Singapore whilst the same cannot be said about Malaysia. Plus, I think I think there are public transportation in all highly crowded areas in Malaysia like in penang or JB we got good public bus transportation and in other areas there are public transportation exist base on their needs.
Yes, people should do more research before they keep telling the world that SG is more efficient in every single thing!! The public transport in KL is definitely extremely sufficient if not more sufficient than SG, the buses and MRTs come at regular, frequent and accurate time and we seldom experience MRT breakdowns, in addition we are provided with free bus services in KL. Which city council does that??
Bro, kelana jaya lrt just down for few days. And kl is very big like u mentioned. Cheras, Sentul consider kl or not? Your house is beside monorail, lrt or mrt station? Bus is always on time? U still need to park your car at the train station and take train. U must be kidding. Btw I from kl who working in sg. I can sure what u said is inaccurate. It is unfair to compare big country then we compare big country like China or US? Why can't just admit and learn from the neighbour?
I will stay in Singapore. With fully paid hdb, no debt, my wife and me can live in Singapore with weekly household expenditure less than sgd 300 now. Our estimated cpf life with private annuity plans (10 years later) will be more than sgd 5000 per month.
There is no reason to move Malaysia if people plan for the future like what you are doing. People assume that current conditions will be future conditions and assume that they will definitely move to Malaysia for retirement. However, Singapore plans ahead to deal with future problems whereas Malaysia doesn’t even deal with current problems. So when the reality strikes the results are fairly predictable. People don’t think much about climate change but it will cause frequent fires and flooding and disrupt crop production amongst other things. This will happen in mere 10 years. People are seeing the effects, but only the wise are doing something now.
For me when I reach the old age of 70 plus, what I need most is easy access to medical, daily groceries, food and most important social support. By then housing should be fully paid and travelling and big living space is not a must.
I think there is no right or wrong or which is better. Is a choice as an individual. Is it really difficult to retire in Singapore? Nah not true. If you want to lead to a simple life retire with comfortability you got to start planning your retirement when you are young. Eg. You can aim for 5 rooms flat or even 4 rooms flat HDB instead of condominium. You can go for hawker center or food court instead of restaurant food everyday. Do you know that food in Singapore are cheaper than Malaysia ? Because of our strong currency. No chicken? Eat pork , no pork eat fish or beef. A normal worker in Singapore drawing monthly 3K Vs Malaysia worker in Malaysia drawing 3k RM. A bowl of Noddle could easily cost 6-7 RM VS 3-4 SGD. You can start buying some retirement plan insurance and your own saving bla bla bla.... By the time you reach retirement age you had completed paying your housing loan. If you are smart enough and sufficient money to buy another property. You can rent it out. That is what many Singaporean are doing . Of course if you are those who spend alot when you are young and doesn't have any financial planning than life will be difficult when you are old. I guess this will be the same wherever you go. Like I said it's individual. I am not rich but I would be able to retire in Singapore with comfortability and stress free. I know in future even if I retire I will have a Monthly passive income of at least 4,000 SGD excluding my CPF and retirement plan from insurance. But if you are talking about you want big landed property or high-N condominium than that is different story. I would prefer what is affecting me and my need in my daily life like safety , conveniency , even food safety.
Agree. Finally, found someone on the internet who knows how to properly compare the cost of living in SG and MY. I'm a Singaporean and each time I go JB, I would not compare the price there with SGD to know whether its cheap or expensive. But I'd ask myself if my income in Singapore is exactly the same amount in Malaysia's currency, would I consider that item cheap or expensive...
Dunno why this appears on my timeline. But let me chip in. Before I chip in my thoughts on the retirement. Let me say something about the earnings. For professionals in non finance jobs, MY > SG. When you factor in the living cost and work hours, MY has the higher $ to work ratio. This is based on my experiences on both countries. And also due to the fact that SG has longer average working hours than MY. Just to give an example, an engineer could earn about 9 to 15k in MY, while SG sets you back at 4-7k. There are just no comparison for the lifestyle you can get as an engineer in MY compare to what you get in SG. Only if you travel out, using the strong currency exchange, then the SG engineer could enjoy much better exchanged cash from the foreign currency. So it's a pretty much misunderstood fact that SG always have the higher earning, but to me, it's very dependent on the job you're working. More so if you're an entrepreneur, it's easier and chances are better in MY. Not to mention the 32m of population that you can tap into. Also, to be the top earners in the range of top 20%, it's so much easier to achieve in MY compare to SG. Now on the retirement. I'd say, ignore JB and KL. The cost of living and the amount of people and traffic jams just not worth for retirement. Penang has the balance of almost every points you have mentioned.
Hi Chris, I live in KL. Your analysis is spot on. Malaysia is underrated and a hidden gem. Andrew Henderson of Nomad Capitalist, an ex-American who deals passport and citizenship with seven and eight figures entrepreneurs, has a home in KL. He has just bought Mercedes S580e costing USD 175K to drive around in Malaysia and do business. He is under MM2H. Also, there are so many Japanese (>30K) and South Koreans (>20K) in Penang, KL, JB, KK etc. Yes, a good consideration to retire in Malaysia if you’re not too picky on details.
I am also feeling that being in singapore is not a good idea and gst will make it very difficult to remain. Please do.more videos like these and share other possible places to move to.
Malaysian retiree here. Living in Kuantan, on landed property with space for gardening after switching from high rise condo in hectic KL for 30 years. Cost of living is much cheaper, and little traffic. Beaches and forests just a short drive away. Every month is local staycation, and easy overseas travel via KL. Malaysia is a great option for Singaporean retirees esp with similar culture and food, super easy to settle in with the locals.
"the people are nicer", this is so true, a lot people in Singapore are miserable and wants to argue and pick a fight with you over the pettiest of reasons, encountered it myself countless times, it is like they are very stressed and trying to take it out on others, have never experienced such Karens behaviour in Malaysia.
Nicer lah sangat. Komen dari rakyat Malaysia terok. Paling terok hina bangsa sendiri. Hina Melayu Singapura kasta terendah. Dah macam kaum India yang mengamalkan kasta pula. Rumah orang Singapura pun mereka hina. Nama negara memang selalu mereka hina. Ada yang dah bertahun kerja di Singapura tetapi kutuk Singapura kata macam-macam.
i tried to do that with my family before, but i encountered alot of corrupted officials, gangster contractors in malaysia, i had to move back to singapore in the end. I wouldnt recommend moving to malaysia if you dont have trusted ppl. Keep all your assets in Singapore its better
There will always be traps and risks when moving to foreign land unless you've got trusted relatives or good friends there. Just rent out your current Singspore property and rent another in Malaysia. Freedom to travel in and out of Singapore/Malaysia. Plus, less risks property depreciation, maintenance, tax etc.
@@SupermassiveShorts Singaporeans are given 30 visa free days when travelling to Malaysia. You just got to plan your travel. So far I haven't encountered any issues from 2017 to early 2020 and I spent almost 2/3 of a year in Malaysia
Honestly if you retire in Malaysia and are unable to drive (due to old age or handicapped), you will have a tough time moving around. Unless you take a Grab everyday, the infrastructure outside of KL is very pedestrian unfriendly. Besides poor public transport, there is no safe walkway, no proper traffic light for pedestrians, no overhead crossing for pedestrians. ~ A KL man working in SG and staying in JB.
@@ck51250 If you still can drive when you are in your 80's, welcome to Malaysia. If you cannot drive, SG is a better place because of better infrastructure.
Just happened to come across your channel and this topic as well.....Hmm, coming from a guy in between both side of the causeway for large portion of my life.... I can relate to that.. It's all about prespective and what do you really want... Cheers mate
my plan is simple. when I retired Just book a 1 month stay in any country rental +- 600 with abnb food+transport +etc 1-2K. then go another country ( budget flight) do the same until a place I like or choose a place I like most and apply longer stay . Else come back sing and use here as travel hub repeat same thing all over the world eg Turkey spain ect keep in budget 3K-5K+ shd be do able with budget flight , shorter stay if expensive . example Hokkaido stay 1- 2 weeks enough . From my experience stay in a place more then 1 month may be bored. ideal plan is keep moving to new place and come back rest and reset is best
It's interesting that Mys authorities reported recently that there are more than 1mil China tourists still in Mys despite their visa having long expired. Did the pandemic cause them financial difficulties or did they decide not to return?
Great video. For me, safety is enough to convince myself to stay in sg. The higher risk of having home burglared and getting robbed in broad daylight is definitely something I don't want to risk experiencing when I retire. 🙂
Not to mention, if you need specialist medical care, you may have no choice but to return to SG. Knew a Singaporean who moved to Penang because of the lower cost of living, but he had to return to SG when he developed heart problems and needed good medical care. That’s not to say that you can’t find that in Malaysia, but it won’t be subsidised for foreigners whereas in SG, citizens get good subsidised medical care in public hospitals.
@@davidroofier8675 Stay in a good condo with good security, lots of CCTVs, bright lighting in commmon hallways and carpark areas should be good enough.
Indeed malaysia is getting expensive for Malaysian due to weakening ringgit but that wouldn't be a problem for Singaporean.also language would be an issue in those countries for Singaporean even when they're in Indonesia.
You can opt for Penang but one word of caution.... the road traffic can be very nerve wrecking but it shouldnt deter you if you love good food, nice beaches and laidback lifestyle. I had friends in Shell Singapore who chose penang as their first destination for retirement & its easy to see why
its hot over there ma, compare to other state. why not just opt for Johor. If he misses Singapore he can just cross the bridge. Penang are good if you like semiconductor tech cuz its a silicon valley.
Its sad for a Singaporean to do that. It simply shows that whatever we have done and built in the last 50+ years have failed Singaporeans. Good luck folks, you need it
@@Hay8137g Its nothing about that besides trying to make the best use of what you have earned. If you have a strong currency, then maximize it. If you want a first world city then the price simply comes along with it. This is common with people from other first world nations who also frequently retires in less expensive places.
Good option to consider if single and/or married with no kids and want to save money or stretch your dollar. If considering education for next generation and quality of healthcare, Singapore is better.
I'm a half Singaporean and Malaysian.. I'm not fancy to settle down in SG .. I reckon more stressful than relaxing living there.. I feel like a fish living in an aquarium..faked pebbles and seaweeds.. can move to nowhere.. 😆 Malaysia has many natural sources and beauty, consists of the oldest rainforest in the world, rich in flora and fauna and wildlife conservation, beautiful caves, undiscovered beaches, islands and cold and highland landscapes, more to explore and ventures.. Malaysia has one of the best infrastructures in the world.. extended highways from South to North which we can enjoy our autopilot EV cars freely compared to SG..🤭 Literally Malaysian passport is the best which holders can go to more countries compared to SG and Japan..all 180 countries plus 15 Northern African countries plus Iran plus Saudi Arabia and North Korea which total 199 countries 💪 Thus Malaysia is unique, interesting and truly Asia 🇲🇾👍✌️😊
Just to share the facts. The most powerful passports in the world in 2023 where first and second ranking being the following: Japan (193 destinations) Singapore, South Korea (192 destinations)
Also Changi Airport is a hub. One can travel to other countries conveniently. Example there is even a direct flight from SG to NY which takes about 18 hours.
@@kcaz7349 if you learn more.. you will find that Malaysian passport is much better..it can go to extra 15 northern African countries, Saudia Arabia, Iran and the North Korea..180 countries,+15+3= 198 countries!!
Hi Chris, thank you so much for your very interesting video. Do you know another long term option (may be six months a year)to stay in Malaysia apart from MM2h, if you are not from Singapore but from another part of the world.
Does the S-MM2H allow you to stay outside of Sarawak like in Peninsular Malaysia after meeting the 15 day min stay in Sarawak. I like Penang Island for the cosmopolitan feel, spoken English, amenities and easy access to other parts of the world. I hear conflicting info perhaps you have found the answer to the rules on staying outside Sarawak. Thanks!
What you spoke out, all is true, we can enjoy life more attaction compare to Spore with lowest cost in Mlysia. But heathy cost is not lower in Mlysia. With SGD.30, you can enjoy good food in KL for whole day. Good luck. 😄👍🙏
Here’s a hidden gem to retire to in Malaysia - Kuching, the capital city of Sarawak! Only 1 hr 20 mins flight from SG, high level of racial and religious harmony, relatively safe, etc. It’s like Malacca. KK in Sabah is also a great option with all the same attributes of Kuching plus good flight connectivity to international cities. So many beautiful islands to explore.
Doubt you can compare Kuching with Malacca when it comes to racial harmony.its more liberal and laid back in Sarawak in my opinion.safety wise Sabah would rank quite low since it's full of stateless people from the southern philippines.sarawak would be your best bet if you're Chinese since sarawakians for some reason love Chinese.
@@SSxxx18 Agreed. It’s quite boring to live in Kuching let alone other parts of Sarawak. This is speaking from experience. I live in northern Peninsula. Penang is not too far from where I live. Can go to Hat Yai. Not too far either. And can go on a day trip to Langkawi. So yeah, it was quite boring in Sarawak 😇
Awesome...Good PLAN...Work Life Balance...is Very Important...S'pore Lifestyle...Doesn't...FIT me...Lots of S'porean wanted to MIGRATE here...(Fear of Losing Citizenship)...East Coast...used to be my Hang Out diring the 80's...Glad i nake the MOVE....and i'm Super Happy...now..unlike my Friends still in S'pore...STRESS LEVEL...super high...there...even during their 60's...😒
Many singaporeans think malaysia is a haven for retirement but do consider the political situation & race majority there, the tide will turn one day because things can change for the worse. I agree that Singapore is becoming an expensive place to live but if you live simply within your means & forget about luxury you can still manage. As for me, safety & political stability come first.
issues of race only truly happen in the political arena. end of the day, even the govt. of the day need all the races to run the country efficiently and they know it. in front of their voter base, they talk about defending their race, behind the backs of their voter base, their best friends and business partners are locals from other races. in day to day life, all malaysian treat each other well and also take care of each other.
we lived more than 60 years as multiracial country...lol...singapore also were once in malaysia...nothing much different ...here got kiasu ..there also got kiasu..hahaha
Singaporeans so blessed able to have such retirement options. Malaysians have no where to retire unless pick up a foreign language and adapt a totally different culture and lifestyle.
@@Jaguar0xf true. Though earn lesser than sg still enough to retire provided manage finances wisely. Practice delay gratification rather than instance gratification. I have not change my car for past 18 years. For meals do not exceed rm 10. Travel local than abroad. Drink plain water than soft drink or alcohol.
What do you mean we Malaysians don't have anywhere to retire to? We can always retire at our hometowns LMAO. Unless your are born in the KL, then tough luck, you need to find a new sleepy town to retire in. Places like Janda baik, Taiping, Ipoh, etc. And if you are adventurous there are a huge influx of peninsular malaysians settling down in Sabah. For me Kota Kinabalu have the potential of being the new Penang.
@@brightmorningstar1 I’m really surprised you still use the very much outdated terms of first world, 3rd world 😂 Why are most of your citizens mentality still stuck in the past? Yes we all know SG is an advanced country, whereas Malaysia is actually considered an industrialised country, far from being “3rd world” (least industrialised) in this day and age. Get on with the times for goodness sake. In addition, retiring in our hometowns/smaller towns does make a huge difference. All the nice memories of growing up, surrounded by familiarity etc. will become something to treasure once one reaches a certain age. Unless you’re the type of city person that absolutely has to retire in a city as well, then that’s a different story altogether.
Don’t stay too far away from your children, it’s a burden to them. It’s not realistic if you have families in Singapore. You will grow old and need help from your kids. Unless you have decided to live in Malaysia nursing home and don’t need your kids help. Not realistic. I have been there.
do u know how complicated it is 2 buy a house/flat in malaysia ???????..first u need a resident permit--then u r limited to p/r 4 2 yrs...renting is a problem...often someone will vandelize yr property... not worth the effort take forest city
I suggest you watch Mr Money TV's channel first, because there're quite a lot of things that you have really gotten wrong. 1. No, it's not cheaper to buy a property in malaysia. IF you're talking about dollar vs RM, then yes, but if you're talking about buying power in terms of working in malaysia and buying/spending in malaysia, then the answer is NO. In fact it is more affordable to own a condo (NOT HDB) in singapore compared to malaysia. The location that you mentioned right across the border is considered reasonable, those can be up to 1.5-3 times more expensive in KL for the same size. Or I would say your're basically comparing property price in JB and Sg, not Malaysia and Sg. 2. Maintenance of condo in malaysia is poor but it's not really due to developer's interest to expand their projects in other locations. It has always been poor since the beginning, be it landed or not. I personally know people who bought condo in prime area in KL that costs up to RM6m, and the lobby of the condo was tainted with paint stain, toilet pipes and taps were leaking, gym facilities breakdown, all just within a few months after moving in. 3. Similar to point number 1, cars in Malaysia ARE NOT cheaper, with an exception for USED CARS. Speaking of earning and spending, and let's not talk about shitty local brands like proton/perodua, brand new imported/CBU or continental cars are more affordable in Singapore. For example, you can own a brand new C200 for SGD270k, but in malaysia, the same model costs RM290k. It's only cheaper to own a car in malaysia when it comes to (a) used cars whose values have depreciated significantly like audi, volvo, volkswagen, (b) national cars like perodua and proton.
I think ur only accepting negative facts about MY. Let me explain 1. He is talking about RETIREMENT in malaysia, not working there. If he really wants to use SGD to spend in malaysia, then Im sure he has assets in SG he can sell or rent to get extra income. And there are other options other than KL and JB, and if he wants to retire in a laid back environment. I think NOBODY including him will ever bother retire in big cities. Cuz it makes no difference. And you said that it is cheaper to buy a condo in SG than to buy a property in MY? Lets say lah the price of a luxury condo is SGD 500k in singapore. For the price tag, they may not offer much bigger spaces due to land scarcity. And if you own a car, finding a parking space for it is a problem unless u pay a premium for extra services such as reserved parking space. For the money, which translates to RM 1.6 million in today's rate, u can buy a luxury private bungalow here with twice the space, twice of breathing room, twice the space for your cars, twice or even triple of everything. And even your own swimming pool. If ur buying in a rural, private luxury residential areas, the chances are u r getting the best bang for your buck. 2. Even though those incidents do occur, the chances are rare and only happen to certain people, but that doesnt mean every condo in malaysia is badly maintain. There are some places where their property is well maintained. 3. If cars in singapore REALLY is cheaper than malaysia, then why not all singaporeans own a car? In fact why most singaporeans opt to choose public transport than owning a car? So by ur logic, your country will be flooded with cars by now. And yes, we buy "shitty" branded cars becuz they are easy to maintain AND it is our national car, of course it is not a bragging right. But i can say that we malaysians are lucky to have cheaper options, luckier than singaporeans where their only options are expensive brands to make them feel more "atas". But car brands aside, u forgot to mention in order to own a car in singapore, u need to fork out a premium for ur COE paper alone as explained in the video, add the paper's fee with the car price alone is expensive enough to own a car. Plus we are talking about a 70k fee for just the cert alone. For that money u can buy a brand new honda civic in malaysia. And thats not all, even if you did get the cert, you can only drive your car for a maximum of 10 years before it has to be scrapped. So whats the fking point in owning a car that we can only drive for 10 years. Here in malaysia, we can buy our cars brand new and drive it for eternity, and we dont need a sheet of "paper" to dictate us how long we can own our car. And lastly you said it is MUCH cheaper to buy a brand new C200 in singapore than in malaysia. Again u have forgotten to factor in the cost of your COE. And you have forgotten that SGD currency is much bigger than MYR, so you cannot compare the prices directly without some currency conversions. For example, ur SGD 270k price tag for a brand new C200 does not include the price of an COE cert. If you add it all up, its has already exceeds your stated price. Let say the price of an COE is 70k, then your final paying price is a total of SGD 340k. Plus, the cost of maintaining your car hasnt included yet, so the cost of owning in the long run is much more expensive than in malaysia. And then u said the asking price for a C200 brand new in malaysia is RM290 k right? Ok so if we convert (1SGD＝3.22 MYR in today's rate) the price in SGD is only 90k after round off. So ur either bad at math or didnt do any conversions before hand or maybe both. And as for the final price of SGD 340k (including COE) for your C200 alone, it is enough to buy an S class brand new here in malaysia and the excess can be used for maintanance costs and much more options. The possibilities are endless. Plus you can drive your brand new car for more than 10 years. Our cars can reach up to 2-3 decades old of ownership without being forced to sell for scrap. So for conclusion, your info is false and I suggest u do a more thorough research if you really want to compare the cost of living and the cost of owning a car between the 2 countries.
@@brianljh8982 Dude, I have lived in both countries for decades, so don't try to challenge me on this, as my friends have tried to prove me wrong but failed. A friend of mine is in his mid 30's and always wanted to retire in malaysia, so guess what, he worked for a few years, got some money, bought a condo in JB through instalment, went there to chill for a year, and now he's complaining about the living costs there, he has run out of money despite living for just a year, and has decided to chill for a couple more months before getting a new job back in Sg again. No dude, like I said, you CAN buy a RM1.6m condo, but if you're paying that amount in prime or luxury area, you're at most getting something below 1000 square feet. And no again, I am dead serious that almost ALL condo in malaysia are poorly maintained unless you talk about really high end residential area like bukit tunku, which is equivalent to wallich residences here. Nope, your comparison is wrong. If restaurant A charges you $12 for a burger, restaurant B charges you $10 + service + gst which costs around $12 too, can you say restaurant B is actually more expensive because of the service charge? No dude, they are the SAME! Just because malaysia doesn't specifically bring out the so-called COE, that doesn't necessarily mean malaysia cars are cheaper. You got to look at the overall price, but not just the base price + COE, because COE is just a policy implemented by the government to control traffic congestion. For example, if the base price of a C-class is SGD150k, and COE is SGD100k, you're saying it's expensive because of COE, right? What if the base price became SGD240k, and COE is just SGD10k? Will you still say the car is expensive because COE is only $10k? Fuck yes, of course, it doesn't matter how much the COE cost because it's the overall price that matters if you're talking about comparison in buying power. Malaysia can also anyhow charge RM190k for the base price for c-class, then throw in a RM100k COE and make it RM290k. Dude, without currency conversion, why do you think a car in malaysia costs about the same in SG? Did you know that studies have shown that cars in malaysia and indonesia are more expensive than cars in Sg in terms of buying power? Let's put currency exchange aside since we're talking about earning and spending within the same country. It's basic economy dude. Sg implemented COE that makes people think it's the COE that makes the car expensive, because this is a smart way to make people think that government is doing something reasonable, unlike malaysia that slap people with big fat price tag without giving you an explanation. Another thing is the loan duration. Sg only allows you to take up to 7 years, so that makes it sound expensive because the more expensive the car is, the more you have to fork out every month to make sure your loan is completed within 7 years. Speaking of this, it actually makes cars in malaysia even more expensive because the longer it takes to pay, the more the interest is. Don't get me wrong. I'm talking about expensive, not affordability. You can say it is more affordable to own a brand new car in malaysia because they let you take 9 instead of 7 years to pay, but in the end, the interest is actually higher. Like I said earlier, I'm talking about used cars that are cheaper in malaysia, not brand new cars. Also, the reason why Sg isn't flooded with cars like malaysia is simply because of used cars. You can't strictly say it's expensive to own a car in Sg, but you can say it's cheaper to own a used car in malaysia.
Welcome welcome to Malaysia 😄 But please note even though MYR is low compare to SGD, the cheapest Chap Fan here (equivalent to Singapore's Chai Fan) is now MYR9 for 2 vege and 1 meat … almost similar to your Chai Fan price already... Of course buying cars and houses are much cheaper than Singapore
even after more than 20yrs working in KL, i also don't think KL the best for retirement. basically everyone of us may own land and comfort life during retirement..
No. You are definitely wrong. Malaysia is not a cheap place to live. However, it’s one of the most popular countries to get retired and quality of retirement life is a guaranteed.
The right question to ask his do Malaysians (PR in sg) in sg benefit more in wealth or retirement than singaporeans stuck in singapore. At the moment, ideally i would like to be a malaysian PR slurping it up in SG. Can a malaysian grad work in SG for 20 years retire better in Malaysia comparing a singaporean with a similar career history? A sgrean would retire maybe after 40 years of work. A SGD4 plate of prawn noodle here is MYR4 in Malaysia but the prawns there are larger or more in quantity and Fresher. Ok i must stop posting now. My heart is weeping
Living in Malaysia is not so suitable for anyone who cares about efficiency, who cannot tolerate traffic jam in peak hours, who never came to private MY hospitals , who never lived in Malaysia residential area for at least 100 days and those who don't enjoy driving around.
Watch the so many ordinary people who tell stories on UA-camrs who live in Msia long term, from many countries. You will be able to compare and get some answers.
Ya, its true. During peak hours it really is traffic jam, but those scenarios mostly occur in big cities and tourist spots on holiday season. If you live in a small town, chances are there wont be any jams TBH. But, if you really like the feeling of owning your own car without the hassle of buying an COE, spirited driving, and keeping it for the rest of your lives, then MY is one of your choices.
many singaporean wil retire in Msia in time to come, esp the baby boomers of 60s, 70s. Maybe not retire in the traditional sense, but a longer stay in Msia. wii see....
Lol, Singaporeans tlg pergi retire di 1st world country macam Australia, US, UK etc. Tlg jangan dtg Malaysia. Standard of living kami sgt rendah berbanding dengan Singapura, public transport pun nearly non-existent. Kalau nak kira duit Singapura tu tinggi, tolong pergi retire di Thailand, Vietnam, Cambodia atau Indonesia, tempat ni lagi luas, lagi cantik, tukaran matawang lagi baik. Jgn sibuk datang Malaysia ok. Thanks
Keep $ in Sing and travel the world. AirBNB everywhere. Don't own anything...becomes boat anchors. Stay healthy, become a digital nomad and savvy investor. Should be investing every loose cent into the stock market & crypto. Take the blue pill and free yourself from the system..Matrix ref.
MM2H rules change. Except for Sarawak, the MM2H financial rules change makes retirement in Malaysia expensive. RM 1.5 million in liquid assests on application and RM40K monthly income. Then if approved, must transfer RM 1 million into a Malaysian bank. account. How many pensioners retire on an annual income of RM480k or SD 148K? Not many. If you had that level of income, you could retire like a king in Thailand without having to transfer a substantial amount in a local deposit account. MM2H program will crash now as the monthly income level is too high. Plus many pensioners don't want to invest large amounts offshore. We all love Malaysia but someone in the Malaysian government got greedy. I heard it changed so to protect the local housing market from mainland Chineses . Is this true?
@@CheCosaTesoro If I had that amount of money, might as well live in Singapore but travel to Malaysia and Indonesia for fun , adventure and cheap shopping.
Healthcare services in MY is not on par with SG. I’m in healthcare industry so familiar with the quality and capabilities in various countries. U may want to research more into this area.
For those youngsters , consider go EU like France and Germany they provide free education( in English) ever as foreigner, there is registration(monthly)fee but mainly for using of public transportation etc, save you a lot of money, look at their welfare system, leaning new language, get to see the world and be independent.
Easier said than done. There's a reason why not so many Singaporean were able to retire in EU countries. There're way more Singaporean retire in Australia than in EU countries, even that so, many of them were among those elites, not so much from average Singaporean.
JB is not Iraq or Ukraine, just bare in mind. The robberies and crime rates has been exaggerated . Pls be knowledgeable. So many Singaporeans came into JB for shopping very now and then, you think it’s dangerous? 😂
U are much welcome here n spend all your money.. however u need to forego your Singlish english...n speak our M'sian English in order to adapt to the msian environment n culture
I suppose there are push factors to move to Malaysia but I can tell you that in the years to come, climate change will wreck havoc in Malaysia because the infrastructure is unable to cope. If you see what is happening in NSW in Australia, it is a sign of things to come and come more frequently with increasing intensity. Singapore is planning ahead to deal with the problem that is sure to come. I’m a pragmatist, you are a young man but mark my words in 10 to 15 more years it will be a very different world due to climate change.
Every country will face flood and fire problems in the years ahead. It’s not just Singapore or Malaysia. When polar ice melts, all the water got to go somewhere else. It’s either in the oceans or in the precipitation. So it’s both rising sea levels and greater and greater amounts of rainfall. If governments do planning now and allocate resources to deal with the issue then there is a chance to avert disaster or at least delay it. But the problem comes when there is neither planning or resources to deal with it and can only watch as it happens.
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If you want to retire in Malaysia and u love city life but dont want to face the traffic in KL. Trying living in Cyberjaya. Come January 2023 there will be a new MRT station so u can travel to KL for about half an hour without having to drive. Cyberjaya is a very low density township and properties there are way cheaper than KL. I bet with the exchange rate, u can afford to buy a landed property which is really cheap as well. Im actually going to live there in 1-2 month from now. Im really excited because I have had enough of living in big cities 🤭.
And while KL isnt Singapore safe. I wouldnt say its dangerous. At least for global standards. I have live and travel abroad. I can say Malaysia is not any less safe than most developed countries, even safer than some developed countries (Especially America 🤭).
Living in Singapore is like a stressed out fish in a nice circular aquarium. The plants are all spaced nicely to look symmetric. All sands and rocks are cleaned daily to be as white as possible for visitor to be impressed.
Living in Malaysia is like a normal fish in a small stream with natural rock, dead leaves, green algae. Just doing its business to live, eat, die happily.
I’m a Malaysian (SPR) married to a Singaporean. Recently my hubby and I talked about our retirement. Our 23 year old 4 room HDB is fully paid. We have no loan because we believe in living within our means. Our 2 elder daughters already purchased their own HDB flat. My hubby is still working as my youngest daughter is in 2nd year University. We are getting our monthly payout from CPF Retirement account in 3 years time. Not much but enough for our needs. For medical needs we have Medisave and insurance . We decided to remain here in Singapore as our family is here. I’m from JB which is so near and we visit my family in JB often. Transportation in Singapore is excellent . We are comfortable living here. We can go for holidays anywhere we want later when my hubby retire. My advice to young people is to start planning early so that you can reap the benefits later in life.
To have Singaporean acknowledged "Malaysia food is best in SEA" is really something else! 🤙😎
Shit country
Still it's home sweet home Malaysia 🇲🇾
Malaysia is not good place to retire!! the country is so backwards
Dude, I m a Singapoean and has retired in Msia when I'm 41 in 2018. I quit my Offshore Oil and Gas job and now I m living a happy life and safe life in Cyberjaya KL. There is medical insurance coverage for a plan as little as 100myr a month and the rest of living cost is affordable. Now, I manage to do things that I like and do a side hustle here its easy without much stress. You will enjoy driving here especially to beaches. All the best Dude
but u need to travel back and forth right cus u still holding citizenship in sg?
@@dff712 If he is holding MY PR, then it wont be a problem (as in stay in MY that is). But again that depends if he has it
I am in a long-distance r/s now and I am considering moving to KL to be with my partner. I don’t mind travelling back to Sin every three months just to chop the passport, but I know we can’t spend more than 6 months in total in Malaysia every year. What can I do? Does the customs really keep track of the number of days we are in Malaysia?
Imigresen pls check this foreigner to go back to Singapore. We dont want Singaporean to stay in Malaysia.
Cyberjaya is a nice place for singaporeans as its location is in the outskirts and from singapore you dont have to go through the KL CBD to reach it. Also its a well planned and clean. Welcome to malaysia!
As a Malaysian who used to work in SGP I can say life is much less stressful in M'sia. You don't have big brother looking over your shoulder 24/7 and people are more relaxed. For a Singaporean retiree the culture is very similar and your SGD can provide much better quality of life especially if you decide to live in Ipoh, Malacca or Kuantan where property and cost of living is much cheaper than KL.
@@smboo1834 'Big Brother' = Singapore Government.
@@smboo1834....ultrakiasu....
Retire in Malaysia is the way to go. Very easy to do. Just get your properties in sg sorted out. Rent them out and rent a place in Malaysia. Buy a cheap car or use grab. Get insurance all in place. Enjoy life.
You are correct to rent instead of buy property in Malaysia. Forex exchange will decimate property values in Malaysia over time.
Much agree with u. That seem a viable option for the majority .
If buy also very expensive for non Malaysians.
Surprisingly simple. There is just one more that i learn for myself. Put down Ownself big opinion about self-superiority so that i can become culturally competent. Quite a number of ppl in comment section are non-starter cos of this point alone 😅😅😅
Great. Malaysians moving to Sgp and Singaporeans moving to Mys? 😄
Hi, Malaysian here.
KL city centre is a hectic city but greater KL could be slightly less stressful than its central area..consider places such as southern part of KL areas e g. Kelana Jaya, Cheras, Puchong, Kajang... they're still accessible by train and other public transport system while be somewhat closer to KL International Airport KLIA, which you can take advantage of the cost to fly in and out from Malaysia. Rental in this area is 10-15% cheaper while food and groceries are about the same as KL city centre... for me living in this semi developed urban area is still cost effective than other places such as Georgetown or JB which are still somewhat busy and no train system and might have lesser access to things a proper mega city like KL and Singapore do
In contagious Klang Valley area, the best places to live are those areas that are close by LRT and MRT system not other trains like monorail, KTM or others..
If you're retiring as single Singaporean you can live quite comfortably with a monthly budget of around 1500 sgd in this area I'm discussing about
If you're more into nature lifestyle Kota Kinabalu is probably better than most island or coastal areas of Peninsular.. I heard there are many Korean expats living there which suggest it as a livable place to live as foreigner.
If quality of healthcare in Malaysia is not on par with Singapore you can always return home to seek treatment, for critical illnesses.. our private healthcare is definitely not bad to treat mild problems
Lol majority of Malaysian doctors are world class. Healthcare is NOT an issue in KL unless you get life threatening sickness like late stage cancer.
@@al16899 but many people from Malaysia go to see doctor in Singapore
@@SkyLee91 Singaporeans should really stop thinking Malaysia is JB only it is so ignorant. There are amazing cities in KL, Penang for example. KL is far more developed and was among the most visited cities in the world. Not to mention, excellent food, great infrastructure, world-class malls and top notch housing. Singapore in some aspects is not as good as KL.
@@al16899 Singaporeans should really stop thinking Malaysia is JB only it is so ignorant. There are amazing cities in KL, Penang for example. KL is far more developed and was among the most visited cities in the world. Not to mention, excellent food, great infrastructure, world-class malls and top notch housing. Singapore in some aspects is not as good as KL.
I was in Penang for a month last February finishing up my MM2H papers and I noticed that some Grab drivers were young females and they were working way past midnight. They all said it was pretty safe there in Penang. I never felt unsafe while traveling alone in Penang. Worth mentioning again is the fact that guns are banned in Malaysia (and Singapore to my understanding) which is great. At least you have a fighting chance if it comes to that.
No doubt Malaysia is best retirement haven , you get the best bang for your buck
Owning a gun is severe death penalty in Singapore.
owning a live bullet in M'sia is a mandatory death penalty too
also a hint about weak economic. forcing people to continue work even midnight
@@user-zv4em2ii1z Not necessarily, many professionals in Singapore also side hustle after their main jobs doing the same thing as drivers or food deliveries. A good friend is a engineer, drives a BMW sports sedan and rides a bicycle doing food deliveries until 1-2 am. Its the mentality of many people here, if your body is able to do work, no reason not to make as much money as possible.
TBH, i am glad that some singaporeans willing to choose MY as a place of retirement. Of course there are some pros and cons. And some who thinks that retire in malaysia is a bad idea. But nevertheless, I love my country and who is willing to live here whether for work or retirement in MY is welcomed
Brian, I am having the same thought with you, last week I just met my counterpart, Singaporean, he just retired, he keep asking me to check how can he live in Malaysia as he love the life here, big houses, food is nice and cheap, life is relax, and can speak Cantonese as he got less friend speaking Cantonese in Singapore (Haha, I din know this is one of the reason for him and his friends), they purposely fly in KL last 5 days for vacations n just for foods, meeting friend, relax and singing session...
I Welcome foreign friends living in Malaysia and thanks for liking Malaysia, My lovely country...
My is not that cheap for food if eat out. I had just returned from JB. 1 bowl of noodle from coffeeshop RM7 or RM9. Not alot too.
Of course going as holiday still ok. Maybe Phuket or Bali maybe a better option as I feel safer.
true. jb ranks as malaysia's most expensive city in terms of food... thanks to the many locals that work in sg and the abundance of sg tourists.
1 very good option for those who have property in Singapore, you can rent it out and use the rental income to live a very good life in Malaysia. Best of both worlds.
can you rent out a HDB unit? honest question here
@@Aeybiseediy of course you can
wow... 120K SGD just to own private car. with that amount i can buy 1 acre rural land and planting musang king for my retirement
Regarding tax residents status, I thought the 183 days requirement only apply to foreigner and not Singaporean/SPR?
Let imagine you are 60 years old now and I choose to retire and live in Johor/KL.
Morning you want breakfast, you can cook or drive to buy something. In sg, u can walk to buy coz sg is small and many food stalls are nearby.
So for cost wise, it will involve car, petrol or electricity, car insurance, road tax, maintenance fee. Will it cost a lot for you? It depends what kind of car you drive, which come back to the question what kind of life style you want.
Another big concern is living cost. As RM is getting weak and Malaysia needs a lot of goods to be imported, I guess in future living cost in Malaysia will be far higher than Singapore.
You can use Singapore dollars to convert yes the rental is cheaper but for your daily expense like meal, grocery and entertainment. After SGD to RM, you will feel the differences is not big as pre-covid.
Do you know that at the lowest end you can get a 3-4SG$ used car? in some households including mine we usually have this type of cheap car which we'll use for 'pergi kedai/pasar' or drop family to nearby train station.. and for semi to long distance travel we use better car..
If you're retired and not a heavy car user as working people trust me it's convenient to keep a small car in your yard and drive nearby the area you live.
If living cost is a concern to you imagine how much you'll need to expend if you continue to rent and pay for all your need living in Singapore...as a retiree I'd say you'll find it cheaper if you're living with your retirement fund..plus you still could continue to invest in Singapore which give you Singaporean dollar income
Alternatively you can live in other ASEAN cities though I can see Singapore old folk would be better off than other ASEANs if they take advantage of geo abritage during their senior years.
For me when you are old, you living cost will be very low. What you need is easy access to good medical and daily groceries and most importantly local social support. Living should be fully paid by then. You can even rent out room if needed on top of your cpf payout. Should be fine retiring in Singapore.
Such non-sense. If living costs in MY rise, living costs in SG will be even higher and unsustainable. Also in MY just go and find good locations where malls, hospitals and eateries are available.
@@janice3941 one cup bubble tea in Malaysia is RM 16. One cup bubble tea in Singapore is SGD 4. U can see the difference? And don't forget the iPhone price as indicator of living cost of a country
You are wrong on the Tax residency. Malaysia only tax income earned in Malaysia, so if your income is from Singapore, then that income us not subjected to Malaysian tax. However your income in Singapore may be subjected to Singapore withholding tax if you are not a tax resident. It used to be 10% withholding. Having said that, you can still submit a tac return in Singapore and claim the excess, if your tax bracket don't exceed the withholding.
Dont forget there are Buaya in Msia who will ask Sporeans for kopi $ when you deal wth red tapes
Malaysian here, work in Klang Valley as engineer. Id rather buy piece of land in rural area to retire than retire in big city
Honestly, there is really alot of information not covered when you want to live in a foreign land, to really experience it, do just go stay for 1-2months before deciding as there are many many factors that affect your quality of life.
Natural Disasters, floods, haze, power outage, water outage, thefts, robberies, lack of 24 hr clinics/food within your area, hospitals that require you to submit your name and only admit you maybe after 24-48 hrs from application.
Moreover cost to stay in Malaysia is 1m for MM2H buying homes in Msia. You can buy the ppty at 1.5m RM and in few years it becomes 1.2m or even if it remains the currency risk may cause your housing value in USD to drop, so yes you buy cheap but it becomes cheaper.
There are many little things we do not notice until we really live in the environment and experience for ourselves. the tradeoffs are also there like the huge area you can travel around within 1 country compared to the size of SG and those are experiences that will not come by any other way. To each their own but please do not make a hasty decision.
Yeah super expensive. Above RM1m.. I have a HK friend working in Taiwan considering to retire in KL that's how I know the RM1m req.
Kenneth....his subject abt retiring.... Not investment. If for argument sake that if a Sporean bought a property at RM1.0m or SGD312,500 at current rate...No where in Spore even at the far corner of the island can u buy a property, either condo or landed property, at this price....not even close. Further, if ur argument is on xhange rate, it will depends which area where the property is purchased to reap the instant appreciation (not JB for sure...). 🤷♂️
@@ck51250 Hi CK thanks for the feedback. Indeed for some retirees they might not mind their ppty value gg down but there are some that might consider otherwise to still have that money to rely on. And for retirement indeed if there's enough then we can just buy and disregard the gain or losses. I also pointed other factors not related to financials eg the living condition and standard of life being different. End of day I still believe have a try living there first before deciding if you are ok to retire there.
@@SU-II...super expensive compared w which ctry ? May I ask ? With due respect, the writer is comparing w Spore only..... 🤷♂️ Prior, retiree must hv FD of not less than RM300, 000 (for 50yo & below) or roughly Sgd97,000 or roughtlybUsd67k) ..... So, how much is deem lower ? 🤔
Welcome to retire in Malaysia. Just that you need to readjust your lifestyle & expectation in almost everything. Yup Malaysia is kinda slow pace, but soon you gonna realize slow pace is not always bad, you even appreciated it during your retirement life. Please don't blame too much on our short coming against decent services in Singapore because there's always a trade-off, just learn to tolerate.
& please stay away from our local politics. Let us locals fight with each other, you guys just chilling enjoy your retirement life mmkay (at least thats I'm gonna do during my retirement..not gonna get myself into trouble in my old age)
slow pace means santai....kita nak kejar apa jer? berlumba nak jadi world class country just to show and get validation approve by westerner?
I am semi retired at mid 40 in Malaysia...moving from condo to larger house surrounded by lake and reserved forest.
If I may ask. Which area do you stay that close to reserve forest
@@jam729 Ayer Hitam Reserved Forest is next to those stay at Lestari Perdana, Seri Kembangan or Bandar Kinrara, Puchong
You need some time to do your study
@@罗先生-v3t got pontianak there or not?
@@sktoh4469 no pontianak, only sundal bolong 🤣
SG is a place to make money...MY for living...who want to retire in concrete bird house where we can rent / buy cheap kampung house somewhere in Perak..got plenty of waterfall too...
You can also make good money in KL. Definitely less than SG if convert, but it is not fair comparison because you spend and live in SG as well.
Dont need to think so much. Just rent a month in any part malaysia and then thailand then vetnem etc ( 1month abnb is few hundred no need worry if you dont like) . If you change your mind just come back, . just keep within badget is not alot using budget flight. incase you decide to stay longer can repeat few month or apply for longer stay or retirment resident . the only extra 1-2 hundred for flight etc . why think so much just go and try it when time come.
Good advices. Food in Kl not fantastic. I’m Malaysia and went back to Kl for holiday. Services is bad, food quality is bad n people not friendly at all when asking direction.
There must be many good reasons why Japanese choose Malaysia as the top country for them to stay, for 13 years in a row already. Many of them apply for the 'Malaysia as the second home' program as well.
It’s much cheaper than Singapore. That’s the main reason.
Good value.
I live in Spore. I know.
@@SSxxx18 I have worked in NUH Singapore & offered the PR as well, so I am that ignorant about Singapore either.
@@نورعيني5103حسين
I hv watches countless Japanese telling their reasons why they choose Msia. To them, cheap is not the only word, must be value. Interestingly, multiculturalism is very very important to them... Even healing. I appreciate that, cos I hv lived in a land of "forced uniformity" for 42 years.
Juz sharing.
@@anchored555 Even those who can afford to retire in Sg will find it a boring place after two weeks. Malaysia has much more to offer, the country is much bigger to travel around, food is great, lots of places to hang out for different ages and people there are friendly and caring.
Super informative! Thanks man!
I'm agree with the majority of your analysis but about the public transport part that you said Malaysia lacks in comparison to Singapore, well as a KL resident I can confidently say that our public transportation system is modern and sufficient enough and of course comparing Singapore with whole Malaysia in this regard is highly unfair because Singapore is actually smaller than the KL itself (Google it) so you technically can have access to public transportation everywhere in Singapore whilst the same cannot be said about Malaysia. Plus, I think I think there are public transportation in all highly crowded areas in Malaysia like in penang or JB we got good public bus transportation and in other areas there are public transportation exist base on their needs.
Yes, people should do more research before they keep telling the world that SG is more efficient in every single thing!! The public transport in KL is definitely extremely sufficient if not more sufficient than SG, the buses and MRTs come at regular, frequent and accurate time and we seldom experience MRT breakdowns, in addition we are provided with free bus services in KL. Which city council does that??
As a Johorean, I'd tell you that this doesn't apply to the entire country. Ugh.
Bro, kelana jaya lrt just down for few days. And kl is very big like u mentioned. Cheras, Sentul consider kl or not? Your house is beside monorail, lrt or mrt station? Bus is always on time?
U still need to park your car at the train station and take train.
U must be kidding. Btw I from kl who working in sg. I can sure what u said is inaccurate.
It is unfair to compare big country then we compare big country like China or US? Why can't just admit and learn from the neighbour?
I will stay in Singapore. With fully paid hdb, no debt, my wife and me can live in Singapore with weekly household expenditure less than sgd 300 now. Our estimated cpf life with private annuity plans (10 years later) will be more than sgd 5000 per month.
There is no reason to move Malaysia if people plan for the future like what you are doing. People assume that current conditions will be future conditions and assume that they will definitely move to Malaysia for retirement. However, Singapore plans ahead to deal with future problems whereas Malaysia doesn’t even deal with current problems. So when the reality strikes the results are fairly predictable. People don’t think much about climate change but it will cause frequent fires and flooding and disrupt crop production amongst other things. This will happen in mere 10 years. People are seeing the effects, but only the wise are doing something now.
For me when I reach the old age of 70 plus, what I need most is easy access to medical, daily groceries, food and most important social support. By then housing should be fully paid and travelling and big living space is not a must.
Stay healthy most important
I think there is no right or wrong or which is better. Is a choice as an individual. Is it really difficult to retire in Singapore? Nah not true. If you want to lead to a simple life retire with comfortability you got to start planning your retirement when you are young. Eg. You can aim for 5 rooms flat or even 4 rooms flat HDB instead of condominium. You can go for hawker center or food court instead of restaurant food everyday. Do you know that food in Singapore are cheaper than Malaysia ? Because of our strong currency. No chicken? Eat pork , no pork eat fish or beef. A normal worker in Singapore drawing monthly 3K Vs Malaysia worker in Malaysia drawing 3k RM. A bowl of Noddle could easily cost 6-7 RM VS 3-4 SGD. You can start buying some retirement plan insurance and your own saving bla bla bla.... By the time you reach retirement age you had completed paying your housing loan. If you are smart enough and sufficient money to buy another property. You can rent it out. That is what many Singaporean are doing . Of course if you are those who spend alot when you are young and doesn't have any financial planning than life will be difficult when you are old. I guess this will be the same wherever you go. Like I said it's individual. I am not rich but I would be able to retire in Singapore with comfortability and stress free. I know in future even if I retire I will have a Monthly passive income of at least 4,000 SGD excluding my CPF and retirement plan from insurance. But if you are talking about you want big landed property or high-N condominium than that is different story. I would prefer what is affecting me and my need in my daily life like safety , conveniency , even food safety.
Agree.
Finally, found someone on the internet who knows how to properly compare the cost of living in SG and MY.
I'm a Singaporean and each time I go JB, I would not compare the price there with SGD to know whether its cheap or expensive.
But I'd ask myself if my income in Singapore is exactly the same amount in Malaysia's currency, would I consider that item cheap or expensive...
Live in Johor and buy a condo and work in SG when you retire you return to Johor because you already have assets that have increased in price.
Dunno why this appears on my timeline. But let me chip in.
Before I chip in my thoughts on the retirement. Let me say something about the earnings.
For professionals in non finance jobs, MY > SG. When you factor in the living cost and work hours, MY has the higher $ to work ratio. This is based on my experiences on both countries. And also due to the fact that SG has longer average working hours than MY.
Just to give an example, an engineer could earn about 9 to 15k in MY, while SG sets you back at 4-7k. There are just no comparison for the lifestyle you can get as an engineer in MY compare to what you get in SG. Only if you travel out, using the strong currency exchange, then the SG engineer could enjoy much better exchanged cash from the foreign currency.
So it's a pretty much misunderstood fact that SG always have the higher earning, but to me, it's very dependent on the job you're working.
More so if you're an entrepreneur, it's easier and chances are better in MY. Not to mention the 32m of population that you can tap into.
Also, to be the top earners in the range of top 20%, it's so much easier to achieve in MY compare to SG.
Now on the retirement. I'd say, ignore JB and KL. The cost of living and the amount of people and traffic jams just not worth for retirement. Penang has the balance of almost every points you have mentioned.
9 to 15k MYR for engineer, not manager? Must be one awesome engineer. Not easy to get that kind of salary.
@@szlim3829those are typical salary, good ones get 12k and above, engineering manager are way above that.
Hi Chris, I live in KL. Your analysis is spot on. Malaysia is underrated and a hidden gem. Andrew Henderson of Nomad Capitalist, an ex-American who deals passport and citizenship with seven and eight figures entrepreneurs, has a home in KL. He has just bought Mercedes S580e costing USD 175K to drive around in Malaysia and do business. He is under MM2H. Also, there are so many Japanese (>30K) and South Koreans (>20K) in Penang, KL, JB, KK etc. Yes, a good consideration to retire in Malaysia if you’re not too picky on details.
I am also feeling that being in singapore is not a good idea and gst will make it very difficult to remain. Please do.more videos like these and share other possible places to move to.
Yes. With high inflation this year and GST is going up in 2023 and 2024, life will definitely be tougher in Singapore.
GST goin up next year to 9% errrrr....😱😱😱😱
Malaysian retiree here. Living in Kuantan, on landed property with space for gardening after switching from high rise condo in hectic KL for 30 years. Cost of living is much cheaper, and little traffic. Beaches and forests just a short drive away. Every month is local staycation, and easy overseas travel via KL. Malaysia is a great option for Singaporean retirees esp with similar culture and food, super easy to settle in with the locals.
Are there many chinese people in kuantan?
"the people are nicer", this is so true, a lot people in Singapore are miserable and wants to argue and pick a fight with you over the pettiest of reasons, encountered it myself countless times, it is like they are very stressed and trying to take it out on others, have never experienced such Karens behaviour in Malaysia.
But Malaysia Immigration employees behave like karens
Nicer lah sangat. Komen dari rakyat Malaysia terok. Paling terok hina bangsa sendiri. Hina Melayu Singapura kasta terendah. Dah macam kaum India yang mengamalkan kasta pula. Rumah orang Singapura pun mereka hina. Nama negara memang selalu mereka hina. Ada yang dah bertahun kerja di Singapura tetapi kutuk Singapura kata macam-macam.
i tried to do that with my family before, but i encountered alot of corrupted officials, gangster contractors in malaysia, i had to move back to singapore in the end.
I wouldnt recommend moving to malaysia if you dont have trusted ppl.
Keep all your assets in Singapore its better
It depends. You still need asset to retire in the country you choose.
Ya this one sure got... that's why I suggest rent first dont give up on passport
There will always be traps and risks when moving to foreign land unless you've got trusted relatives or good friends there. Just rent out your current Singspore property and rent another in Malaysia. Freedom to travel in and out of Singapore/Malaysia. Plus, less risks property depreciation, maintenance, tax etc.
@@williamtan9437 will their custom questioning you why u keep in and out of Malaysia?
@@SupermassiveShorts Singaporeans are given 30 visa free days when travelling to Malaysia. You just got to plan your travel. So far I haven't encountered any issues from 2017 to early 2020 and I spent almost 2/3 of a year in Malaysia
Honestly if you retire in Malaysia and are unable to drive (due to old age or handicapped), you will have a tough time moving around. Unless you take a Grab everyday, the infrastructure outside of KL is very pedestrian unfriendly. Besides poor public transport, there is no safe walkway, no proper traffic light for pedestrians, no overhead crossing for pedestrians. ~ A KL man working in SG and staying in JB.
so, don't retire in malaysia ... you can also choose indonesia, philippines, laos, vietnam, myanmar, thailand, brunei, cambodia or even outside asean.
Come to KL......btw, we r talking abt retiree. U mean S'porean retirees drive everyday ???
@@jasonl4218... I guess u speak their languages fluently or just putting the c'tries in here for the fun of it .....🤷♂️
@@ck51250 😆
@@ck51250 If you still can drive when you are in your 80's, welcome to Malaysia. If you cannot drive, SG is a better place because of better infrastructure.
Just happened to come across your channel and this topic as well.....Hmm, coming from a guy in between both side of the causeway for large portion of my life.... I can relate to that.. It's all about prespective and what do you really want... Cheers mate
my plan is simple. when I retired Just book a 1 month stay in any country rental +- 600 with abnb food+transport +etc 1-2K. then go another country ( budget flight) do the same until a place I like or choose a place I like most and apply longer stay . Else come back sing and use here as travel hub repeat same thing all over the world eg Turkey spain ect keep in budget 3K-5K+ shd be do able with budget flight , shorter stay if expensive . example Hokkaido stay 1- 2 weeks enough . From my experience stay in a place more then 1 month may be bored. ideal plan is keep moving to new place and come back rest and reset is best
I agree. How old are you?
@@Emsyaz 56
It's interesting that Mys authorities reported recently that there are more than 1mil China tourists still in Mys despite their visa having long expired. Did the pandemic cause them financial difficulties or did they decide not to return?
Great video. For me, safety is enough to convince myself to stay in sg. The higher risk of having home burglared and getting robbed in broad daylight is definitely something I don't want to risk experiencing when I retire. 🙂
Its rare .
Home burglary is quite common tbh...
Not to mention, if you need specialist medical care, you may have no choice but to return to SG. Knew a Singaporean who moved to Penang because of the lower cost of living, but he had to return to SG when he developed heart problems and needed good medical care. That’s not to say that you can’t find that in Malaysia, but it won’t be subsidised for foreigners whereas in SG, citizens get good subsidised medical care in public hospitals.
@@anchored555 ???
@@davidroofier8675 Stay in a good condo with good security, lots of CCTVs, bright lighting in commmon hallways and carpark areas should be good enough.
Malaysia is getting more expensive now. For cheaper option of retirement, Thailand and Indonesia and maybe Vietnam.
Indeed malaysia is getting expensive for Malaysian due to weakening ringgit but that wouldn't be a problem for Singaporean.also language would be an issue in those countries for Singaporean even when they're in Indonesia.
@@martinbanks7194 They have revised the criteria for their second home program. It getting more costly now to get it.
You can opt for Penang but one word of caution.... the road traffic can be very nerve wrecking but it shouldnt deter you if you love good food, nice beaches and laidback lifestyle. I had friends in Shell Singapore who chose penang as their first destination for retirement & its easy to see why
its hot over there ma, compare to other state. why not just opt for Johor. If he misses Singapore he can just cross the bridge. Penang are good if you like semiconductor tech cuz its a silicon valley.
half an hour jam, if there is.
@@jantr2935 Just half an hour ma! Shouldn't be a problem.
@@cmwoon10 i just wanted to tell that i have experienced both jams in kl and penang. the scales are totally different. 7 to 4 i guess. 😉
Its sad for a Singaporean to do that. It simply shows that whatever we have done and built in the last 50+ years have failed Singaporeans. Good luck folks, you need it
Greed is real
@@Hay8137g Its nothing about that besides trying to make the best use of what you have earned. If you have a strong currency, then maximize it.
If you want a first world city then the price simply comes along with it. This is common with people from other first world nations who also frequently retires in less expensive places.
To each his own.
Thailand and Malaysia are traditional retirement places. Vietnam also super attractive these days
Vietnam are prone to natural disaster like Super Typhoon, Tornado, etc
Retire in IMH better...look at the houses we left behind in JB during covid.
Ayoooo … just retire in johor lah. Go back Singapore whenever you want 😀
Good option to consider if single and/or married with no kids and want to save money or stretch your dollar.
If considering education for next generation and quality of healthcare, Singapore is better.
I still prefer in SG. you are foreigners in Malaysia, Tax, Houses are different rate.
But we have to change government in SG otherwise our life will keep getting worse.
Pap is getting greedier and more complacent than ever
I'm a half Singaporean and Malaysian.. I'm not fancy to settle down in SG .. I reckon more stressful than relaxing living there.. I feel like a fish living in an aquarium..faked pebbles and seaweeds.. can move to nowhere.. 😆
Malaysia has many natural sources and beauty, consists of the oldest rainforest in the world, rich in flora and fauna and wildlife conservation, beautiful caves, undiscovered beaches, islands and cold and highland landscapes, more to explore and ventures.. Malaysia has one of the best infrastructures in the world.. extended highways from South to North which we can enjoy our autopilot EV cars freely compared to SG..🤭
Literally Malaysian passport is the best which holders can go to more countries compared to SG and Japan..all 180 countries plus 15 Northern African countries plus Iran plus Saudi Arabia and North Korea which total 199 countries 💪
Thus Malaysia is unique, interesting and truly Asia 🇲🇾👍✌️😊
Just to share the facts.
The most powerful passports in the world in 2023 where first and second ranking being the following:
Japan (193 destinations)
Singapore, South Korea (192 destinations)
Also Changi Airport is a hub. One can travel to other countries conveniently. Example there is even a direct flight from SG to NY which takes about 18 hours.
@@kcaz7349 Kuala Lumpur Airport is convenient too..even much cheaper..
@@kcaz7349 if you learn more.. you will find that Malaysian passport is much better..it can go to extra 15 northern African countries, Saudia Arabia, Iran and the North Korea..180 countries,+15+3= 198 countries!!
Probably additional 15+3 is with a visa. However those countries mentioned have visa free access to more countries.
Good pick. I agree
One commonality between Malaysians and Singaporeans - work in Singapore and retire in Malaysia.
IKR!!!
I suggest you rent for 1 year first in different parts of Malaysia. And don't give up your SG passport.
You think is so easy to get Malaysian passport? 😂
@@williamtan9437 Dont dare to get MY passports, or else u will lose ur visa free chance to the USA and China😂😂
@@brianljh8982 Sad that US and China are your only world🤣🤣🤣
Good luck to whatever u have decided.. we havd choices so make a good one
wow nice word from Singapore guy toward Malaysia.
Hi Chris, thank you so much for your very interesting video. Do you know another long term option (may be six months a year)to stay in Malaysia apart from MM2h, if you are not from Singapore but from another part of the world.
Does the S-MM2H allow you to stay outside of Sarawak like in Peninsular Malaysia after meeting the 15 day min stay in Sarawak. I like Penang Island for the cosmopolitan feel, spoken English, amenities and easy access to other parts of the world. I hear conflicting info perhaps you have found the answer to the rules on staying outside Sarawak. Thanks!
What you spoke out, all is true, we can enjoy life more attaction compare to Spore with lowest cost in Mlysia. But heathy cost is not lower in Mlysia. With SGD.30, you can enjoy good food in KL for whole day. Good luck.
😄👍🙏
Here’s a hidden gem to retire to in Malaysia - Kuching, the capital city of Sarawak! Only 1 hr 20 mins flight from SG, high level of racial and religious harmony, relatively safe, etc. It’s like Malacca.
KK in Sabah is also a great option with all the same attributes of Kuching plus good flight connectivity to international cities. So many beautiful islands to explore.
Doubt you can compare Kuching with Malacca when it comes to racial harmony.its more liberal and laid back in Sarawak in my opinion.safety wise Sabah would rank quite low since it's full of stateless people from the southern philippines.sarawak would be your best bet if you're Chinese since sarawakians for some reason love Chinese.
@@martinbanks7194 malacca vs kuching on racial harmony? U know wat u talking? Among other things, the main issue for kuching for me is boredom.
@@SSxxx18 Agreed. It’s quite boring to live in Kuching let alone other parts of Sarawak. This is speaking from experience. I live in northern Peninsula. Penang is not too far from where I live. Can go to Hat Yai. Not too far either. And can go on a day trip to Langkawi. So yeah, it was quite boring in Sarawak 😇
@@shootingstar87 Agreed. If one is used to fast moving lifestyle, smaller cities like Kuching will be a no no.
Conclusion:Singapore is small country,Malaysia is big country.The property between the 2 countries definitely different.
Awesome...Good PLAN...Work Life Balance...is Very Important...S'pore Lifestyle...Doesn't...FIT me...Lots of S'porean wanted to MIGRATE here...(Fear of Losing Citizenship)...East Coast...used to be my Hang Out diring the 80's...Glad i nake the MOVE....and i'm Super Happy...now..unlike my Friends still in S'pore...STRESS LEVEL...super high...there...even during their 60's...😒
Many singaporeans think malaysia is a haven for retirement but do consider the political situation & race majority there, the tide will turn one day because things can change for the worse. I agree that Singapore is becoming an expensive place to live but if you live simply within your means & forget about luxury you can still manage. As for me, safety & political stability come first.
issues of race only truly happen in the political arena. end of the day, even the govt. of the day need all the races to run the country efficiently and they know it. in front of their voter base, they talk about defending their race, behind the backs of their voter base, their best friends and business partners are locals from other races. in day to day life, all malaysian treat each other well and also take care of each other.
we lived more than 60 years as multiracial country...lol...singapore also were once in malaysia...nothing much different ...here got kiasu ..there also got kiasu..hahaha
Singaporeans so blessed able to have such retirement options. Malaysians have no where to retire unless pick up a foreign language and adapt a totally different culture and lifestyle.
We dont need to, our country is the best to live in…. Unlike singapore , haha
@@Jaguar0xf true. Though earn lesser than sg still enough to retire provided manage finances wisely. Practice delay gratification rather than instance gratification. I have not change my car for past 18 years. For meals do not exceed rm 10. Travel local than abroad. Drink plain water than soft drink or alcohol.
What do you mean we Malaysians don't have anywhere to retire to? We can always retire at our hometowns LMAO.
Unless your are born in the KL, then tough luck, you need to find a new sleepy town to retire in. Places like Janda baik, Taiping, Ipoh, etc.
And if you are adventurous there are a huge influx of peninsular malaysians settling down in Sabah.
For me Kota Kinabalu have the potential of being the new Penang.
@@nobitanobi8888 i mean sg being first world able to retire in 3rd world country. Retiring in smaller towns won't make much difference.
@@brightmorningstar1 I’m really surprised you still use the very much outdated terms of first world, 3rd world 😂 Why are most of your citizens mentality still stuck in the past? Yes we all know SG is an advanced country, whereas Malaysia is actually considered an industrialised country, far from being “3rd world” (least industrialised) in this day and age. Get on with the times for goodness sake.
In addition, retiring in our hometowns/smaller towns does make a huge difference. All the nice memories of growing up, surrounded by familiarity etc. will become something to treasure once one reaches a certain age. Unless you’re the type of city person that absolutely has to retire in a city as well, then that’s a different story altogether.
Don’t stay too far away from your children, it’s a burden to them. It’s not realistic if you have families in Singapore. You will grow old and need help from your kids. Unless you have decided to live in Malaysia nursing home and don’t need your kids help. Not realistic. I have been there.
Go to any hawker centre and half are closed. Lazy and don’t feel like working today.
All Msia hawker food cook by owner? I think u did not travel enough in Msia to see.
Other than Klang Valley, Penang Island, & some famous stalls in several big cities, yeah, most stalls is still cooked by locals
@@kkkkkk464 Need to change that. 😄
The hawkers from where I stay still cooked by locals.
How about other option like thailand, vietnam or batam?
In Thailand and Vietnam theres language barrier.
In Malaysia, most people in city/town area can speak English.
Batam might be another good option to retire for Singaporeans
In Singapore ,what is the retirement age?65?70?75?
do u know how complicated it is 2 buy a house/flat in malaysia ???????..first u need a resident permit--then u r limited to p/r 4 2 yrs...renting is a problem...often someone will vandelize yr property... not worth the effort take forest city
I suggest you watch Mr Money TV's channel first, because there're quite a lot of things that you have really gotten wrong.
1. No, it's not cheaper to buy a property in malaysia. IF you're talking about dollar vs RM, then yes, but if you're talking about buying power in terms of working in malaysia and buying/spending in malaysia, then the answer is NO. In fact it is more affordable to own a condo (NOT HDB) in singapore compared to malaysia. The location that you mentioned right across the border is considered reasonable, those can be up to 1.5-3 times more expensive in KL for the same size. Or I would say your're basically comparing property price in JB and Sg, not Malaysia and Sg.
2. Maintenance of condo in malaysia is poor but it's not really due to developer's interest to expand their projects in other locations. It has always been poor since the beginning, be it landed or not. I personally know people who bought condo in prime area in KL that costs up to RM6m, and the lobby of the condo was tainted with paint stain, toilet pipes and taps were leaking, gym facilities breakdown, all just within a few months after moving in.
3. Similar to point number 1, cars in Malaysia ARE NOT cheaper, with an exception for USED CARS. Speaking of earning and spending, and let's not talk about shitty local brands like proton/perodua, brand new imported/CBU or continental cars are more affordable in Singapore. For example, you can own a brand new C200 for SGD270k, but in malaysia, the same model costs RM290k. It's only cheaper to own a car in malaysia when it comes to (a) used cars whose values have depreciated significantly like audi, volvo, volkswagen, (b) national cars like perodua and proton.
I think ur only accepting negative facts about MY. Let me explain
1. He is talking about RETIREMENT in malaysia, not working there. If he really wants to use SGD to spend in malaysia, then Im sure he has assets in SG he can sell or rent to get extra income. And there are other options other than KL and JB, and if he wants to retire in a laid back environment. I think NOBODY including him will ever bother retire in big cities. Cuz it makes no difference. And you said that it is cheaper to buy a condo in SG than to buy a property in MY? Lets say lah the price of a luxury condo is SGD 500k in singapore. For the price tag, they may not offer much bigger spaces due to land scarcity. And if you own a car, finding a parking space for it is a problem unless u pay a premium for extra services such as reserved parking space. For the money, which translates to RM 1.6 million in today's rate, u can buy a luxury private bungalow here with twice the space, twice of breathing room, twice the space for your cars, twice or even triple of everything. And even your own swimming pool. If ur buying in a rural, private luxury residential areas, the chances are u r getting the best bang for your buck.
2. Even though those incidents do occur, the chances are rare and only happen to certain people, but that doesnt mean every condo in malaysia is badly maintain. There are some places where their property is well maintained.
3. If cars in singapore REALLY is cheaper than malaysia, then why not all singaporeans own a car? In fact why most singaporeans opt to choose public transport than owning a car? So by ur logic, your country will be flooded with cars by now. And yes, we buy "shitty" branded cars becuz they are easy to maintain AND it is our national car, of course it is not a bragging right. But i can say that we malaysians are lucky to have cheaper options, luckier than singaporeans where their only options are expensive brands to make them feel more "atas". But car brands aside, u forgot to mention in order to own a car in singapore, u need to fork out a premium for ur COE paper alone as explained in the video, add the paper's fee with the car price alone is expensive enough to own a car. Plus we are talking about a 70k fee for just the cert alone. For that money u can buy a brand new honda civic in malaysia. And thats not all, even if you did get the cert, you can only drive your car for a maximum of 10 years before it has to be scrapped. So whats the fking point in owning a car that we can only drive for 10 years. Here in malaysia, we can buy our cars brand new and drive it for eternity, and we dont need a sheet of "paper" to dictate us how long we can own our car. And lastly you said it is MUCH cheaper to buy a brand new C200 in singapore than in malaysia. Again u have forgotten to factor in the cost of your COE. And you have forgotten that SGD currency is much bigger than MYR, so you cannot compare the prices directly without some currency conversions. For example, ur SGD 270k price tag for a brand new C200 does not include the price of an COE cert. If you add it all up, its has already exceeds your stated price. Let say the price of an COE is 70k, then your final paying price is a total of SGD 340k. Plus, the cost of maintaining your car hasnt included yet, so the cost of owning in the long run is much more expensive than in malaysia. And then u said the asking price for a C200 brand new in malaysia is RM290 k right? Ok so if we convert (1SGD＝3.22 MYR in today's rate) the price in SGD is only 90k after round off. So ur either bad at math or didnt do any conversions before hand or maybe both. And as for the final price of SGD 340k (including COE) for your C200 alone, it is enough to buy an S class brand new here in malaysia and the excess can be used for maintanance costs and much more options. The possibilities are endless. Plus you can drive your brand new car for more than 10 years. Our cars can reach up to 2-3 decades old of ownership without being forced to sell for scrap.
So for conclusion, your info is false and I suggest u do a more thorough research if you really want to compare the cost of living and the cost of owning a car between the 2 countries.
@@brianljh8982 Dude, I have lived in both countries for decades, so don't try to challenge me on this, as my friends have tried to prove me wrong but failed. A friend of mine is in his mid 30's and always wanted to retire in malaysia, so guess what, he worked for a few years, got some money, bought a condo in JB through instalment, went there to chill for a year, and now he's complaining about the living costs there, he has run out of money despite living for just a year, and has decided to chill for a couple more months before getting a new job back in Sg again. No dude, like I said, you CAN buy a RM1.6m condo, but if you're paying that amount in prime or luxury area, you're at most getting something below 1000 square feet. And no again, I am dead serious that almost ALL condo in malaysia are poorly maintained unless you talk about really high end residential area like bukit tunku, which is equivalent to wallich residences here.
Nope, your comparison is wrong. If restaurant A charges you $12 for a burger, restaurant B charges you $10 + service + gst which costs around $12 too, can you say restaurant B is actually more expensive because of the service charge? No dude, they are the SAME! Just because malaysia doesn't specifically bring out the so-called COE, that doesn't necessarily mean malaysia cars are cheaper. You got to look at the overall price, but not just the base price + COE, because COE is just a policy implemented by the government to control traffic congestion. For example, if the base price of a C-class is SGD150k, and COE is SGD100k, you're saying it's expensive because of COE, right? What if the base price became SGD240k, and COE is just SGD10k? Will you still say the car is expensive because COE is only $10k? Fuck yes, of course, it doesn't matter how much the COE cost because it's the overall price that matters if you're talking about comparison in buying power. Malaysia can also anyhow charge RM190k for the base price for c-class, then throw in a RM100k COE and make it RM290k. Dude, without currency conversion, why do you think a car in malaysia costs about the same in SG? Did you know that studies have shown that cars in malaysia and indonesia are more expensive than cars in Sg in terms of buying power? Let's put currency exchange aside since we're talking about earning and spending within the same country. It's basic economy dude. Sg implemented COE that makes people think it's the COE that makes the car expensive, because this is a smart way to make people think that government is doing something reasonable, unlike malaysia that slap people with big fat price tag without giving you an explanation.
Another thing is the loan duration. Sg only allows you to take up to 7 years, so that makes it sound expensive because the more expensive the car is, the more you have to fork out every month to make sure your loan is completed within 7 years. Speaking of this, it actually makes cars in malaysia even more expensive because the longer it takes to pay, the more the interest is. Don't get me wrong. I'm talking about expensive, not affordability. You can say it is more affordable to own a brand new car in malaysia because they let you take 9 instead of 7 years to pay, but in the end, the interest is actually higher.
Like I said earlier, I'm talking about used cars that are cheaper in malaysia, not brand new cars. Also, the reason why Sg isn't flooded with cars like malaysia is simply because of used cars. You can't strictly say it's expensive to own a car in Sg, but you can say it's cheaper to own a used car in malaysia.
Welcome welcome to Malaysia 😄 But please note even though MYR is low compare to SGD, the cheapest Chap Fan here (equivalent to Singapore's Chai Fan) is now MYR9 for 2 vege and 1 meat … almost similar to your Chai Fan price already... Of course buying cars and houses are much cheaper than Singapore
agreed. Somehow, I felt like foods are generally cheaper or equivalent in Singapore.
@@faridy92 yes, earning SGD & living in Singapore in a HDB and without personal transport (car) will still be more affordable than in Malaysia.
Do you mean cai peng?
@@kariikan1484 yup, chai peng (hokkien) 😁
even after more than 20yrs working in KL, i also don't think KL the best for retirement. basically everyone of us may own land and comfort life during retirement..
No. You are definitely wrong.
Malaysia is not a cheap place to live.
However, it’s one of the most popular countries to get retired and quality of retirement life is a guaranteed.
You can now buy as many cars as you like in Malaysia : without COE !!
Cheap road tax as well!
@@ybk113
And subsidized Petrol oso.
@@hassanmusa6375 Wait, isnt subsidized petrol not available for foreigners?
@@brianljh8982 foreign car only not foreigners
No worry about chicken, they are happy to c u retire in M'sia.
The right question to ask his do Malaysians (PR in sg) in sg benefit more in wealth or retirement than singaporeans stuck in singapore. At the moment, ideally i would like to be a malaysian PR slurping it up in SG. Can a malaysian grad work in SG for 20 years retire better in Malaysia comparing a singaporean with a similar career history? A sgrean would retire maybe after 40 years of work. A SGD4 plate of prawn noodle here is MYR4 in Malaysia but the prawns there are larger or more in quantity and Fresher. Ok i must stop posting now. My heart is weeping
For singaporeans to own a vehicle in malaysia is there any constraints or additional requriements or costs?
You need residency papers like MM2H or working visas
@@williamtan9437 And after that is done. Buying a car wont be a problem. And the best part is, no COE required
@@brianljh8982 MM2H present requirements are monthly offshore RM40k income and RM1 million FD!
Good idea! 💡
Living in Malaysia is not so suitable for anyone who cares about efficiency, who cannot tolerate traffic jam in peak hours, who never came to private MY hospitals , who never lived in Malaysia residential area for at least 100 days and those who don't enjoy driving around.
Watch the so many ordinary people who tell stories on UA-camrs who live in Msia long term, from many countries. You will be able to compare and get some answers.
If one wants to retire in Malaysia they should consider living outside busy city then they can enjoy better retirement days
Got Sarawak, Malaysia thou
Tell that to the japanese retirees who have been choosing malaysia as their top destination for the past decade to spend their final years.
Ya, its true. During peak hours it really is traffic jam, but those scenarios mostly occur in big cities and tourist spots on holiday season. If you live in a small town, chances are there wont be any jams TBH. But, if you really like the feeling of owning your own car without the hassle of buying an COE, spirited driving, and keeping it for the rest of your lives, then MY is one of your choices.
Kota Kinabalu, Sabah is the best place to retire
This man don't sound like a local Sg , listening at his accent he is using ! Why is he in Sg when he so really dislikes !!!!
many singaporean wil retire in Msia in time to come, esp the baby boomers of 60s, 70s. Maybe not retire in the traditional sense, but a longer stay in Msia. wii see....
Yeah, follow the footsteps of Hong Kong very soon , rising cost of living in their countries .
Bro you are right
What happens if I lose my tax residency in Singapore?
Lol, Singaporeans tlg pergi retire di 1st world country macam Australia, US, UK etc. Tlg jangan dtg Malaysia. Standard of living kami sgt rendah berbanding dengan Singapura, public transport pun nearly non-existent.
Kalau nak kira duit Singapura tu tinggi, tolong pergi retire di Thailand, Vietnam, Cambodia atau Indonesia, tempat ni lagi luas, lagi cantik, tukaran matawang lagi baik. Jgn sibuk datang Malaysia ok. Thanks
Keep $ in Sing and travel the world. AirBNB everywhere. Don't own anything...becomes boat anchors. Stay healthy, become a digital nomad and savvy investor. Should be investing every loose cent into the stock market & crypto. Take the blue pill and free yourself from the system..Matrix ref.
If u dreamed to be michael schumacher.come here to malaysia.
We have cheap petrol and u can enjoy speedy in our highways like a king
MM2H rules change. Except for Sarawak, the MM2H financial rules change makes retirement in Malaysia expensive. RM 1.5 million in liquid assests on application and RM40K monthly income. Then if approved, must transfer RM 1 million into a Malaysian bank. account. How many pensioners retire on an annual income of RM480k or SD 148K? Not many. If you had that level of income, you could retire like a king in Thailand without having to transfer a substantial amount in a local deposit account. MM2H program will crash now as the monthly income level is too high. Plus many pensioners don't want to invest large amounts offshore. We all love Malaysia but someone in the Malaysian government got greedy. I heard it changed so to protect the local housing market from mainland Chineses . Is this true?
1Million in Msian Acct ? How you considered currency depreciation in the yrs to come ?
@@blessedcheflim8579 hello. If granted a visa, the you need to deposit RM 1 million. That's to rule when you arrive in country.
@@CheCosaTesoro If I had that amount of money, might as well live in Singapore but travel to Malaysia and Indonesia for fun , adventure and cheap shopping.
Healthcare services in MY is not on par with SG. I’m in healthcare industry so familiar with the quality and capabilities in various countries. U may want to research more into this area.
Can travel back back and forth like most Malaysians do.
Malaysia have many choice of hospital rather than Singapore...and you can choose private hospital to get better treatment
@@cazpk6840 yes u can if u dont mind travelling when u r sick and certainly not for emergency case.
@@parkshihomalay4240 yes indeed. But quality and capabilities not on par.
@@pth8888 Malaysia have more visitor in healthcare rather than Singapore
For those youngsters , consider go EU like France and Germany they provide free education( in English) ever as foreigner, there is registration(monthly)fee but mainly for using of public transportation etc, save you a lot of money, look at their welfare system, leaning new language, get to see the world and be independent.
Easier said than done. There's a reason why not so many Singaporean were able to retire in EU countries. There're way more Singaporean retire in Australia than in EU countries, even that so, many of them were among those elites, not so much from average Singaporean.
Beautiful place 💕
But JB is the most dangerous state in malaysia right? should I rather prefer to be cheap or safety?
JB is not Iraq or Ukraine, just bare in mind. The robberies and crime rates has been exaggerated . Pls be knowledgeable. So many Singaporeans came into JB for shopping very now and then, you think it’s dangerous? 😂
@@Tom-cf5lk police are corrupt and rude in Malaysia.
Just don't get sick. Sometimes it is not just the dollar value, but the value in the dollar.
I'm retiring at Vietnam bye Chris. My rental payment keep me alive
U are much welcome here n spend all your money..
however u need to forego your Singlish english...n speak our M'sian English in order to adapt to the msian environment n culture
Am USA am plan to go retire there
Retiring soon at 55 and maintain sg pr until 60.
Good idea 👍
Have you done it yet?
I suppose there are push factors to move to Malaysia but I can tell you that in the years to come, climate change will wreck havoc in Malaysia because the infrastructure is unable to cope. If you see what is happening in NSW in Australia, it is a sign of things to come and come more frequently with increasing intensity. Singapore is planning ahead to deal with the problem that is sure to come. I’m a pragmatist, you are a young man but mark my words in 10 to 15 more years it will be a very different world due to climate change.
Good luck.
Aiyah, if Malaysia is really going to sink from floods in the future so will Singapore, a much smaller land mass which is surrounded by sea..lol
@@Ribble.B087 We shall see.
Every country will face flood and fire problems in the years ahead. It’s not just Singapore or Malaysia. When polar ice melts, all the water got to go somewhere else. It’s either in the oceans or in the precipitation. So it’s both rising sea levels and greater and greater amounts of rainfall. If governments do planning now and allocate resources to deal with the issue then there is a chance to avert disaster or at least delay it. But the problem comes when there is neither planning or resources to deal with it and can only watch as it happens.
@@Ribble.B087 I book my mountain in Raub with my Msian fren liao....👌....
Can anyone tell me I'm renting a house in jb can I apply mac's in johore plse