Point Miri JG SG Remark

Advantages  Good for investment  Zero  Quality living

 Landed Property downpayment  Easy rent out
 For family  Own stay  Easy to afford
 Easy issue tenancy  Facilities included (CPF + rent out)
agreement compensate  Designable  High Security
loan quota  Near sg level
 No need buy furniture  Second link have  A place finally
 Future passive income high potential to call HOME to
at least 30 years later invest (student build up family
rent, Airbnb)
 Security level
(gated and
guarded)
 Pretty and nice
 Partially furnished
 Low requirement
to afford
 Low cost of
furniture at WM
 Presentable when
friend, cousin,
family visit
Disadvantages  Not for own stay  No market to  At least 2 PR +
 Prolonged ROP resell 3 years
 Narrow market (low  Maintenance fee  10-20%
potential) (RM300+-) downpayment
 Limited location (Curtin,  Value decreased  Lease hold (50-
Riam) over time (depend 70 years left)
 Security level for landed on location)  Limited space
property in miri  Overprice at  Limited privacy if
 High renovation fee current market rent out
 Downpayment (supply more than  High living cost
 Gained appreciate demand)  Work to house
might be a potential  Reduced loan location
issue. quota hard rent  Time taken to
out implement this
plan at least 5
years
Cash 10%+Stamp duty roughly 3000 booking fee + At least 100k sgd
Required 65k 30k revonation
Time for 30 years Unknown 20 years
ROP(Return of
Profit)
Time for plan End of 2019 End of 2019 2025, 31-32yo
implement
Instalment Rm 2000 Rm1900+300+PUB 600sgd
200= Rm2400 +50sgd+PUB
200sgd= 900sgd
Convenient of Easy Moderate Hard
maintenance
Now cannot happy but Now happy, family FINAL
family happy, but future u not happy, future no DESTINATION
happy happy no worry money u baru worry
Saving remain Quota: (4k-1k)+1k = 4k Quota: 3k
after Saving per month: Saving:
implement Me-1.3k, U-850$ =2k Me:900$,800$=1.7k
Years toward 150k/2k/12=6.25 yrs 150k/1.5k/12=8.5yrs
SG HDB At 2026 At 2029
PR for both = 5
years