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(19-01-2023, 10:02 AM)Sharexchange Wrote: thailand is an excellent place...for retirement. But should keep HDB flat here.
The HDB flat can rent out whole flat?
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(19-01-2023, 10:21 AM)ODA TETSURO Wrote: Myanmar also Buddhist country but still messed up.
I wouldn't want to live in Myanmar, even though it is a Buddhist country............
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My friends go US leh.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 19-01-2023, 10:27 AM by
RiseofAsia.)
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Actually selling his flat to cash out was the second best option. Ideally he should have kept it and rented the whole apartment out for guaranteed monthly passive income as a landlord. But understandable if he needed the capital to start up life in Thailand, then ok lor cash out.
Congrats to your friend for making it in life. He's not bullshitting. People who keep saying Thailand is only Third World are basically using dog eyes to look down on others who dare to up and go somewhere else for a better life.
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(19-01-2023, 09:47 AM)sgbuffett Wrote: Who would go from 1st world to 3rd world.
Thailand can never compare with Singapore.
Fortune favor the brave.. that why you are still a mountain turtle
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Selling the HDB is not exactly a bad idea. Cos, when he is old, he can come back to SG to apply for another BTO or a cheap brand new HDB flat for retirees. Get priority cos he would have no current flat in SG. It's a loophole for these rich people based overseas to get a heavily subsided flat.
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(19-01-2023, 09:31 AM)sgbuffett Wrote: His parents passed away left him the 3 room.flat
He stayed for a few yrs then sold it to go to Thailand 6 yrs ago.
He arrived on Tuesday for the CNY and called up a few secondary schools.friends for a gathering.
He got married in Thailand and has a daughter. He told us he managed to get a sales job for an export company. He now stays in 4 bed room condo in the Bangkok Sukumvit(?) area and drives a Toyota Camry. His tone was like he made it big in Thailand already. He showed us pictures of his home, condo pool his car and pretty wife.
The rest of us also updated how were doing in Singapore but none of us drove car or lived in condo.
He also said when he got sick his company wiould send him to private hospitals for treatment and he only went private clinics with ang moh doctors.
In my mind I was thinking really so good? Thailand had protests everywhere, govt unstable, covid was a disaster. Must be just showing off and hiding all the hardship to impress us.
We talked about our secondary school days and all the silly things we did all the pretty girls...didn't know what happened to them and teachers are all so old now retired or dead.
So much to talk about we adjourned after dinner to go and drink beer at a coffee shop. After a few beers, everyone talked like those old uncles with so many stories. Who fought with who in secondary school..who go vandalise the toilet. ...
After that had to take taxi back. Friend who came back from Thailand was in same direction as me so we shared a cab back. I was to be dropped off first. So as the taxi made its way through my old HDB estate, he sat up and looked out the window at the old flats. Then he said to me, to make your Singapore dreams come true, you should try going to Thailand.
Selling HDB to migrate is a bit rarer, but I am noticing increasingly more Singaporeans are choosing to retire early in their late 40s or early 50s by renting out their HDB flats and using the rental income for their accommodation and living expenses in other ASEAN countries. A S$2.5k rental income is more than sufficient to live very comfortably in other ASEAN nations, but that is predicated on the fact that you have no dependent children who are still schooling.
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(19-01-2023, 09:47 AM)sgbuffett Wrote: Who would go from 1st world to 3rd world.
Thailand can never compare with Singapore.
SG is first world. But u are third world pedigree
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Marry foreigner is no joke. Basically need to give up your identity you grow up with.
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(19-01-2023, 10:22 AM)sgbuffett Wrote: The HDB flat can rent out whole flat?
When you live overseas, you can ask for approval to rent out the whole flat.
(This post was last modified: 19-01-2023, 10:54 AM by
cityhantam.)
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If renting out, not a gd idea to go too far, as you may need to come back often to settle rental matters such as non payment of rents, repairs and disputes, neighbour complaints and etc
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This is the loophole I was talking about. As a retiree, you can actually take a third bite of the HDB cherry.
Buy and sell BTO two times and still can buy a cheap retiree flat.
https://teeco.sg/applying-for-hdb-bto-as-a-third-timer/
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