Sers AMK: Resident bought 4-rm $428,000 about 10 years ago & service the loan & % – now compensation $450,000, replacement flat $545,000!

https://www.facebook.com/laoliang/posts/pfbid02BQUbkUR5SmCLd6R7qpJUxVbU7scPPBuMjihcbUpCH48ZvMDJQ1m8kUrz34VTZZhGl

Social Service Workers - 2022-07-19T201255.643
So, in a sense – ‘asset enhancement’ became ‘no asset enhancement’ & now ‘sudden loss’ plus have to cough up a lot more money?

About the Author

Leong
Leong Sze Hian has served as the president of 4 professional bodies, honorary consul of 2 countries, an alumnus of Harvard University, authored 4 books, quoted over 1500 times in the media , has been a radio talkshow host, a newspaper daily columnist, Wharton Fellow, SEACeM Fellow, columnist for theonlinecitizen and Malaysiakini, executive producer of Ilo Ilo (40 international awards), Hotel Mumbai (associate producer), invited to speak more than 200 times in about 40 countries, CIFA advisory board member, founding advisor to the Financial Planning Associations of 2 countries. He has 3 Masters, 2 Bachelors degrees and 13 professional  qualifications.