Quote:
Originally Posted by davidlah
It all depends on your age, and if you have children. Do you need to pass the property to your children. Also would it be a hassle for them with such overseas properties as compared to singapore properties that is rented out to fund your rent in batam or elsewhere in thailand or vietnam.
Secondly,who can guarateed that it can be sold in the future.
Thirdly, who can tell if one will be bored with batam girls and change taste to thai girls or vietnamese girls or philippine girls. Having Singapore properties to rent out to fund rental in other countries make it easier to change locations when one is already bored with an old place. Also if political situation changes as well and need to run away. E.g 1998 anti chinese riots in Indonesia.
I think, one of the best way to make decision is to talk to those who have bought properties overseas (where you intend to buy) and stayed sometimes, or eventually sold the properties. Their experience and opinions are gold.
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Good that you given a good thought...
all your above concerns are weighed and not to divulge too much details personally...
if one had liquidated 15 condos in Singapore at peak 2013 prices...why do we invest in Singapore properties now...
I dun believe in holding cash...so I will turn the cash into something hard such as properties, ect...
once you invest in overseas all the above already answered..
I told my kids I give you fishing rods and not fishes...you fish after you possessed the fishing rods...dun come to me for anymore fishes...