Should Singaporeans Invest In Overseas Property???

[@clarachin9808]

Yes, SGD1 was RM1 in the old days when I was a kid. We could use Malaysia money in Singapore bec same value

[@MasterLeong888]

u dont like that say, now master know your age riao hahaha wish u merry xmas and happy new year~ good health always huat ah!

[@raymondwan-k4w]

sg progress m'sia regress backwards

[@thomasgoh6176]

Malaysia a place to book hotel and enjoy the leisure and food there but not buying properties.

[@schuangsg]

ML u are 100%right. I have regrettably some Malaysian property investments. After 10 yrs, no or little capital appreciation and ringgit was 1: 2.5 then to now 1: 3.3? Cold sad hard truth ...

[@thomasgoh6176]

Sometime too good to be true

[@raymondwan-k4w]

invest in usa... no hassle n no ilegal rules... u buy n its yours... 2 do as u like...property tax 1% of value... I bought 1 bed condo in 2011 for us$260,000.00 n rent out until sold in 2020 for us$745,000.00....PROF +rent 1,000%

[@jasonliew3351]

My parents' money became toilet paper, they bought stocks back then. They should use that money to buy SG properties with that money, can change our lives now LOL

[@dividendnomatt]

Bro, they should have bought gold!

[@zznsw]

Enjoy your sharing. My good hearted uncle told me he lost $300-400k in 1997 (easily $600-700k today value). He told me Mahathir came out to confirm that all their holding from SG not recognised. He just keeps buying DBS from there after , and seems to be doing well since.

[@MasterLeong888]

thanks for sharing, wish your uncle good health always~

[@eng80425]

Master Leong's analysis is always great to listen to when I jog. Helps to clear my thoughts.

[@MasterLeong888]

Glad you enjoy it!

[@OmarGomez-y3q]

Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Everyone should have BTC in their portfolio

[@TzviGuttman]

It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Robert! Imagine i invested $50,000 and received $190,500 after 14 days

[@PastorZack-wz9gv]

Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.

[@eugeneleeproperty]

Litmus test for overseas property investors. Just ask yourself, before buying an overseas property, if money is not an issue and barring any other restrictions, would you still buy that overseas property or would you buy Singapore property? More than often, many are buying overseas properties because Singapore properties had gotten out of reach for them

[@rogerkhoo5192]

Good sharing information. Thank you 😊

[@PR-pp4le]

One key element that people don't consider is the legal process for problems.. Ie tenant.. Neighbour.. Developer.. Etc etc. Many of the countries you mentioned take damn freeeeeking long.. Eg 8 to 12 years. Don't buy overseas!.. Rent enough.

[@schuangsg]

During CLOB crisis, I bought Idris Hydraulics for a few ringit and dumped it for a few cents. Expensive tuition fees ...

[@Retired734]

ML, reaching 10K subscribers, congrats 😊

[@MasterLeong888]

Thank you! 😃❤❤❤

[@dickchua8619]

ML Leong targets 10k subscribers for 2025. Hope it comes true.

[@creativezodiac]

Well said, ML. If an investment seems too good to be true, it’s likely a trap. As the Chinese saying goes, “螳螂捕蝉，黄雀在后” (The mantis stalks the cicada, unaware of the oriole behind). When everyone rushes toward a "good deal," they often fail to see the dangers lurking behind it. A wise investor knows that when the herd gathers, the trap is already set. Proceed with caution, for as Laozi reminds us, “知足者富；贪婪者亡” (He who knows contentment is rich; he who persists in greed invites ruin). Wisdom and skepticism are your best allies in the world of investing.

[@raymondwan-k4w]

blah blah blah

[@MasterLeong888]

你的中文好厉害呀！

[@raymondwan-k4w]

@@MasterLeong888 how mant overseas properties do u own ???

[@cadinvent]

Landed properties in JB generally appreciate at least 30% over the past 10 years.

[@nbkw48]

Wow, so at 3% p.a. it barely kept up with inflation. Well done. Let's not forget that the MYR is increasingly weaker and worthless.

[@tskuan32]

Sgd also appreciated 24% since December 28 2014 (dec 28 2014- 2.64 myr to sgd dec28 2024- 3.28myr to sgd). So anybody who pick slightly less than the "general" rate of return would be loss making and lost 10 years of their money.

[@yapsam9256]

and then you forgot about mortgages rates. It has been around 4% for the past 10 years

[@ImagesOfCountries]

Very useful and frank views by Master Leong... 😊

[@MasterLeong888]

Thank you! 😃

[@JacksonWong-pw4zq]

Not invest , its about accomodation above our heads

[@AlexAdulting]

Wa, 9.41k subscribers alr. Don't forget bout the og baba bird when u reach 100k kekeke

[@MasterLeong888]

huat ah~

[@Ersanba]

UK property market is matured, and local tends to rent instead of buy as they cant afford the downpayment for young professional and the current situation in UK is demand more than supply hence driving up the rental market. Average yield for rental is 7%. Depends on what mortgage you get, buy-to-let interet is at 5% for fixed, floating is higher.....in short, do a lot of research and look at the appreciation trends, also take into consideration the FX as well...

[@Callsign-Blade_RunnerSG]

Yes I agree. No point getting UK or any overseas properties unless one travels there often or has relatives there. Even if one could afford the initial expensive stamp duties and down payments. There are maintenance cost to hold properties as well. Renting out overseas properties is also very risky. If the tenants default on payments or mess up the place, it’ll be difficult for foreign owners to fly there on a dime to rectify the situation.

[@MasterLeong888]

oh ya very good point i forgot to talk about maintenance cost hehehe thanks

[@raymondwan-k4w]

making $$$ depends on LUCK n timing...stupid people makes $$$$..not the analytical ones...advice - great depression, sub=price bust-tech bust---currency bust.....lood in the streets

[@leechoonyau]

26.7 times larger. Johor 19,210 Singapore 710.1 sq km. Whatever numbers you get will be obsolete soon as they are also reclaiming land from sea in many areas, not just Danga Bay & Forest City.

[@MasterLeong888]

thanks for sharing

[@leechoonyau]

JOHOR: OPEN FOR BUSINESS Officially launched in 2006, it encompasses an area of 2,217 sq km, nearly three times the size of Singapore. Some of the major cities in Iskandar include the Johor Bahru city centre, Iskandar Puteri (where Legoland is) and Pasir Gudang, one of the largest industrial areas in Malaysia.

[@sktan9632]

heard horror stories about foreign properties.(1)apt fully paid up, but after years still no title deed..(2) tenants who refuse to move n you can’t chase them out(3) repairs problems..my advice.don’t ask for trouble

[@MasterLeong888]

yes a lot of problems and those property sellers wouldnt tell us these

[@EurobeatExpress]

Yes, must assess the risk carefully 👍

[@schadenfreude6274]

I got a friend who is rich and like to haolian alot. Over the years, I keep feeding him good things about JB property and keep enticing him to buy. So he keep buying and buying. End up, he lost alot of money and from a formerly rich status he is now struggling very hard and especially so during Covid. He doesn't know this but I've been slowly orchestrating his downfall. Serves him right always like to haolian. It was very satisfying to to see him destroy his wealth like this. 😂😂😂

[@MasterLeong888]

wah u damn power sia

[@Music-Gift2Life]

Wow, that's really unsettling to read. No matter how someone behaves, intentionally orchestrating their downfall and finding satisfaction in their struggles is pretty messed up. If he was your friend, it says more about your character than his. Laughing at someone's hardship-especially during a time like COVID when many struggled-just feels cruel. Honestly, this kind of thinking and behavior is what’s truly haolian. A real friend wouldn’t do this.

[@thomasgoh6176]

You are right my friend loss a lot in clob shares and want me to lend money to buy more but I didn’t.and in the end didn’t lend her but not sure what happened to her..

[@MasterLeong888]

ya the clob stories really damn scary really is become toilet paper

[@Maris_S28]

Sentiment buying of properties is downright foolish - when sentiments are gone, it’s likely a much regretable mistake .

[@shaunsttey]

Think of buying property for some Singaporeans more for enjoyment than investment. You're still owning a foreign property where things are cheaper, and it's actually easily accessible. You can afford to own house with side land, something very hard to achieve in Singapore. It's suitable for those who have flexible work arrangements and retirees. JB property is expensive if you compare with semi-rural places like batu pahat, muar, etc., but as a city comparable to Klang Valley and Penang, it isn't that expensive.

[@Utube1024]

That's right 1 MYR = 1 SGD then. While the 100 THB = 10 SGD.

[@12345wwww]

Too risky, after you factor in where it can go wrong, e.g. the seller, bank, agent, lawyer, government, tenant, managing agent, and house (i.e. defects) all can mess up your investment. You are also likely to lose on forex. ML is right; if you want to invest in properties, buy REITs. You can buy and sell your shares within seconds, at minimal cost. Hence, buy JB properties only if you intend to stay. Note Malaysians generally don't buy condos because of maintenance and other issues. ML is also right that most lost money.

[@joey_yong]

Even if make money in rm, long term i believe we lose out because of forex due to the sgd getting stronger. I still believe rent is the best in malaysia. Btw, been thinking 1 or 2 days- why must say green dragon? Should say red dragon due to china shares being up is red colour, green is down.. maybe think too much liao 😅

[@Wheek_Wheek]

ML, like u say for CLOB, will it be the same for HBBD?! Is HBBD recognised?

[@MasterLeong888]

SGX has learnt from the painful saga from CLOB SDR i think is safe details at www.sgx.com/campaign/sdr

[@cpneo]

JB is smaller than Singapore but Johor is 27 times of Singapore (hope is correct as I used bing).

[@MasterLeong888]

thanks for sharing this info

[@Nigel-tj8kr]

Is Plife REIT consider blue chip or not

[@MasterLeong888]

yes but overvalued

[@sprucelow9939]

Only areas very near to rts and city sq are good, although jb has a lot of land

[@Yzdrd]

Can buy the spore property stock to get property exposure

[@MasterLeong888]

yes i got cover capitaland invest

[@cpneo]

Yes. I think Singaporean should invest in overseas property otherwise Singapore property will get even more expensive.

[@victorhow9613]

Reits u cannot get leverage as easily as ppty at low rates

[@BrandonSKW]

Only if you are a risk taker.

[@zrad4995]

everytime i fomo, theres like a 99% chance that it will be a regret or a bad decision based on past experience :x

[@SamjunK]

Master you know so much about stocks and property investment. Pls share more about property investment in the future. For example should we own 2 properties: 1HDB & 1condo. what are the pro and cons versus investing in SReits & jiak dividend.

[@MasterLeong888]

i am not a property expert, i usually talk about stocks one haha just that i share my view lor to have a healthy discussion i will talk about property in future but maybe like listed property companies to invest in haha

[@李-s8b]

Not only Singaporean rush to buy JB properties, china investors also!

[@georgequek7996]

Sawadee kap Khun Leong and I owned One bed-room with nice view near to CBD-BTS so far so good in BKK, Australia, SG best but not JB M'sia Kap!🙏

[@MasterLeong888]

Thanks for sharing!❤❤❤

[@MasterLeong888]

❤❤❤❤

[@obgprasa]

You make a lot of sense

[@stanleyfong5296]

Hello ML, luckily I dun have such extra money to invest in overseas properties but it did cross my mind briefly 😅, my commitment for my current HDB flat is heavy enough liao 😢

[@ericwong191]

If u do it right, like being informed, asked the right questions, and understand the legal process, it should be fine. Why master leong 1 side got dimple.. other side no dimple?

[@MasterLeong888]

yes only my right cheek got the dimple left side don't have haha

[@kennySg101]

Overseas property is not like SG where land is scare. Different concept

[@sprucelow9939]

Only areas very near to rts and city sq are good, although jb has a lot of land. Property is not a suitable topic for ml 😮

[@arnoldcheok7685]

Chop Thailand mak mak🙏🏻😉

[@kamarudinali4385]

👍 Correct zero profit 20, 30, 40, 50 years. If u dont believe try it & wait for changing of the guards regularly.😁😁😁

[@munmengkok7882]

Master Leong how come you are talking about Singapore properties instead of China market?

[@MasterLeong888]

Live stream i talk about china market Then kopi with ML i talk about singapore topics haha 😂😂😂

[@TLK281]

Invest in stocks and fund

[@leethomaskc3327]

Forex and scarcity risks. Good advise. Thanks.

[@MasterLeong888]

thanks glad my sharing is useful to u

[@ZHU_GE_LIANG_PLAY_CS]

ML why today Baba SDR at SGX die pain pain but then hongkong side no much change ah?

[@MasterLeong888]

hk market was closed for 2-3 days in which sgx hbbd moved up so today adjust back

[@ZHU_GE_LIANG_PLAY_CS]

@ hbbd (Huat Big Big -eD) can change name to dppd (Die Pain Pain eD) lol… Anyway i am vested. Green Dragon let’s go!

[@Utube1024]

Don't ever buy property under your wife name. She maybe your wife today and somebody's wife tomorrow. In today's material world even holy men hard to trust.

[@MasterLeong888]

hahaha ya lor there is a big risk

[@LearnPiano-o4h]

What a loser of those jb investors. They don’t even read the contract and claim it is a scam

[@ready4cheeseburger]

Very insightful sharing, maybe can also share how to get a Thai and viet gf in future video?

[@Ersanba]

Buying property overseas is not simple as ABC, one should do a lot of research and take into consideration not just the buying price but the future selling price as well as FX.. renter yield.. in Msia, if u are to buy a RM1mil condo.. u might want to sell at RM1.5mil above to breakeven or profit.. and pool of buyer who could afford more than RM1mil Property is likely 3%.... so it would mean u have limited pool of buyers...

[@lyonlee86]

No

[@tritonyeah]

mt austin ...my uncle exited and made money 2 years ago

[@MasterLeong888]

wow nice huat ah!

[@liudaniel6656]

Master , if you put the vietnam property under your girlfriend name , isn't it a risk ?😅

[@MasterLeong888]

ya lor was considering to buy hanoi property very cheap just 150k usd i put 20% down only 30k usd nia... the risk of losing it all i can afford but lucky never buy

[@KS-zd4ew]

never put any assets under others people’s name unless u r at death bed 😂 in so many cases we’ve seen and heard the siblings / kids and spouses won’t listen/ ignore the relative that had transferred asset/money to their name

[@liudaniel6656]

@@MasterLeong888 ok

[@siyangyap2059]

not only in Malaysia but everywhere, buyers have to be wise , do your homework well, read the fine prints n ask yourself the expectations for your money

[@valuabletips560]

Wa vietnam and thai girlfriends, master also cheongster sia...

[@MasterLeong888]

during my 20s and 30s I had a wild life, now in my 40s and going into 50s i want to lead a simple life can already haha

[@choogengnian2799]

@@MasterLeong888 so honest! nice! english is very local hahahahhaha.

[@Errr-v8p]

You call it a scam 😂 pap a bigger scammer u never scold them 😢

[@MasterLeong888]

i already tried my best kzbin.info/www/bejne/gmjQf2RqhNupkMUsi=IHt89y5oV5XeBuy0 there is a limit to what i can do as a common folk

[@deepone5005]

U mean the 99yr HDB rental flats?

[@onexoxtoo]

Calling yourself a master?

[@MasterLeong888]

I explained it here kzbin.info/www/bejne/kIizq2mlotmXmqMsi=YDpmIj1zUwMdxb2V

[@orynfam7940]

This guy looks abit like Ken Chee.

[@ivanesetan7324]

Master we need you, don't go Thailand.😅.we got to stay at here and watch the green dragon 🐲,飞🐲在天。

[@MasterLeong888]

i already extend my service 1 more year riao, 2025 if alibaba close 120 or higher i will extend my service again no worries ok can one ^_^

[@MasterLeong888]

thailand is cause i wanna try experience being a monk for 3 months, never try before ma

[@Utube1024]

@@MasterLeong888 How it cost to be a temporary monk. Money is not everything, it's the only thing

[@rtim9929]

3rd world property best to rent than buy

[@oasislin4587]

ML is the best!

[@ZHU_GE_LIANG_PLAY_CS]

ML: if US reit so good why they dun like there they list here? Me: cos we r gongkia carrot head 🥕?

[@tonykwok9763]

HDB BTO 99 YO🇸🇬🇸🇬🇸🇬🇸🇬🇸🇬

[@skng2367]

Good that you didn't do that?

[@MasterLeong888]

heng ah

[@violinbite]

Where got scam? Those buyers are so unaware of the contract they sign. I owned JB property. SG blogger are just kiasu kiasi. One news as if everything is gloom and doom. Really childish talk

[@srituah]

Yup I agree. Childish talk ❗️

[@gotmyonu1027]

Buying properties overseas isn't a scam.... If done legitly, But only the buyer's greed and stupidity are to be blame! They should know better....

[@MasterLeong888]

Recently got a new wave of subscribers, I am thankful for your subscription to my channel if u wanna know more about me feel free to check out my summary video "The Crazy Story of Master Leong" kzbin.info/www/bejne/kIizq2mlotmXmqMsi=B_m_0spKmDhTIz0m Hope u all enjoy your long holidays huat ah!