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Living in JB 2 (Johore)

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DREAMorACTION

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Haha. Under this crown, I'm sure I rank pretty low. There are bro wuqi, lastresort, prof, investor, arsenal to just name a few.

Bro lastresort should be back here by June 12, after his final exam. Can't wait to hook up with him again

Information King DREAMorACTION reminds me of old member LastResort.
 

westcoastbay

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Sorry for the lack of knowledge.

a) Can I ask if I can use CPF OA money to fund a property in JB in any way?

b) How does one take a loan through SG bank and then buy a house in JB through installments?
 

wuqi256

Moderator - JB Section
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Sorry for the lack of knowledge.

a) Can I ask if I can use CPF OA money to fund a property in JB in any way?

b) How does one take a loan through SG bank and then buy a house in JB through installments?


So far for CPF, you can't. :(
You can take a loan against your HDB/refinance and use that sum (with lower interest rate than MY) to get a Johore house.
One thing to note is that although MY interest rates are higher than us, their FD rates are high too to offset the currency fluctuation.
 

Diaspora

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Highlights are mine...

1. GLC company
2. Promise not kept
3. Pay until your next generation

BTW, speculations are that the GE will be held in June....So, enjoy the EDL toll-free till it last... :smile:

http://www.themalaysianinsider.com/malaysia/article/edl-opens-with-no-toll-for-now

EDL opens with no toll for now

April 01, 2012


JOHOR BAHRU, April 1 — The controversial Eastern Dispersal Link (EDL) opened today without any toll collection after being delayed from a scheduled first quarter launch.

Malaysian Highway Authority director-general Datuk Ismail Md Salleh said in a statement yesterday no toll would be charged for now as the government was still finalising the rate for the 8.1km link.

“The toll, however, will be put in place once the mode of payment is finalised,” he said in a statement.

The Malaysian Insider reported in December that the RM1 billion highway built by Malaysian Resources Corp Bhd (MRCB) would force motorists making roundtrips to Singapore via the Johor Causeway to pay about five times more than the present rate of RM2.90.

However, the Umno-linked company is using an open toll system that charges the full fare at the new Custom, Immigration and Quarantine (CIQ) checkpoint regardless of where motorists exit or enter the highway — the latest facility for the ambitious Iskandar zone that celebrated its five-year anniversary last December.

The rest of the 8.1km stretch leading to the Pandan interchange of the North-South Highway will be free to local motorists.

With Datuk Seri Najib Razak set to call a general election soon, sources said Putrajaya may be forced to delay or subsidise the toll that could be up to six times the current charge for roundtrips across the one kilometre Causeway spanning both countries.

The prime minister said on March 9 the government would announce a solution within a fortnight but has so far not delivered.

The Malaysian Insider also learnt that local business leaders were concerned that, with the new CIQ already taking Singaporean tourists away from downturn Johor Baru, the EDL will see them skip the more inland Tebrau area as well.

Taxi drivers also called for an exemption as it would otherwise be unfeasible to ferry passengers across the Causeway.

Over 50,000 vehicles cross the bridge daily, mostly Malaysians living in and around the state capital who commute to the island republic to work.

Johor Baru’s economy is also heavily reliant on Singaporeans who cross the Straits of Johor to enjoy cheaper prices there. Putrajaya set up the Iskandar zone five years ago to turn Johor Baru and its surrounding region into an economic growth area catering to the spillover from Singapore.

Cars and lorries exiting Singapore and heading into Johor now pay RM2.90 and RM5.50 respectively to use the bridge while motorcycles, which make up more than half of traffic across the Causeway, are exempt from the toll.

Singapore’s Straits Times reported in 2008 that rates will be raised every three years of the 30-year concession and will peak at RM14.60 for passenger vehicles and RM29.20 for lorries.
 

wuqi256

Moderator - JB Section
Loyal
Haha. Under this crown, I'm sure I rank pretty low. There are bro wuqi, lastresort, prof, investor, arsenal to just name a few.

Bro lastresort should be back here by June 12, after his final exam. Can't wait to hook up with him again

You will do well my friend, more information is always welcome. I am only a court jester, not worthy of any crown.
 

toyohon

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Took the newly minted EDL to return to Sg this morning at about 10.30 am. As the side of the entrance from Pandan had a few lorries/works vehicles, I proceeded with caution thinking that it might really be an April Fools joke. Imagine the embarrassment if it really is a joke! I did not see any vehicles following me, and that made me more unsure. There was absolutely no other vehicles behind me (from Pandan) even though there were a couple of cars which zoomed past, coming in from NS Highway. Three lanes on each side and I exited at Permas to refuel, joined in again at the exit infront of Lions Hotel? further down entering the underpass into the CIQ building middle lane. Breezy drive and if you are coming back from Setia Tropika/Dato Onn/Adda Heights etc, the claimed timing of 15 minutes is certainly achievable!
 

sgtsk

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I was in Austin area and Setia indah area yesterday. Austin area looks attractive and has the hilly feel of hh and quite surprised to find that Setia Indah is quite near Austin. Quite many GG residential areas and new development projects there Austin, including Austin Regency.
 

toyohon

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I was in Austin area and Setia indah area yesterday. Austin area looks attractive and has the hilly feel of hh and quite surprised to find that Setia Indah is quite near Austin. Quite many GG residential areas and new development projects there Austin, including Austin Regency.

You should take a look at Setia Cascadia - designed and built like a condo/high-rise development with full facilities in Singapore but with landed properties - from link houses, clusters, semi-D to bungalows!
 

Andhika

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Hey Guys, anyone has any recommendations for banker? Just got some LOs from banks (UOB / Maybank / Citibank) but would like to check out others before comitting. Thanks in advance! :smile:

Wuqi: Thanks for the advice on the building maintenence checks.

Toyohon: Hi! How do we access the EDL from the CIQ (first link)? Are the road signs up?

Anyone has any recommendation for contractors / IDs?
 

Grago

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Just a suggestion, meet up with bro DOA and he will gallantly drive you to the seafood restaurant and back. Good time and opportunity to meet the folks too. :smile:

Yes Bro Wuqi has a very good suggestion, if not might take wrong turn and end up in mangrove jungle:eek:!!! Bro DOA will be heart broken then:biggrin:.
 
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