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ODYSSEY

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Yes chiku, soursop and rambutan do attract bats at night . In old chinese beliefs bats bring wealth but you also need to offer your fruits in return ! :biggrin: In my old kampong we had many fruits trees and when you find half eaten or empty rambutan husks, you know bats have visited. If you do not like to attract bats try mangosteen , guava , durian , lemon. Personally I do not mind bats coming at night, till now I do not have chance to show my kids bats in the wild in SG. Flying fox ...the bigger bats seem to be totally disappear in SG wild. The last that I saw in the wild must be way back as a boy in kampong. I missed seeing those creatures but not the snake that also come at night for food.

Yeah, I remember those days where almost every other tree is a coconut palm - seemed to see lesser of these in SG. Guava tree branches are very good for making catapult too haha.
 

yonglip

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On a RM400K loan, one will be paying around RM310K in interest over the duration of the loan (30 years). Buy one house. Buy one for the banks also.

In Singapore, interest rates are low and land is truly limited + there is good rental demand i.e. why people get rich from prop investments
In Johor, interest rates are high and land is aplenty + rental demand is weak...not impossible but not as easy to profit from property compared to Sing....any profit will also be not as spectacular as Sing properties.

Cheers.
 

arsenal

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Yeah, I remember those days where almost every other tree is a coconut palm - seemed to see lesser of these in SG. Guava tree branches are very good for making catapult too haha.

Would like to grow a guava or rambutan tree outside the house.. Dont want the bat to stink the floor and don't mind neighbour to try the fruits by helping themselves.. Hee..
 

linked

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Hello everyone I wonder if anyone having mosquito problem like mine and solutions, Ive called the office and they said that ive to complain to mpjbt so they would come and fog the area but calling mpjbt with their main number is near impossible as they hardly pickup the phone!! Alzo te office say there would be fogging once every two month in my area but i have not seen any fogging so far. Btw Im staying at el.
 

tansi

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“you ran zhuang yuan” or “you ran zhuang”, you ran >> leisurely, zhuang yuan>> cottages and farm

quote, "cai ju dong li xia, you ran jian nan shan", unquote.
translate "plucking chrysanthemum by the fence, leisurely admire hills in the distance"

another "tao ran zhuang" , borrowed from the name of "tao ran ting" pavilion
i had something close! :cool: xiu yuan... lazy to type in chinese characters.
 

Puteri harbour

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Loyal
Totally agreed. I have the same views. And many o my friends ask me why do I start looking at nusajaya now.

First Malaysia is implement right the right economic policy with priority to provide jobs for its people with the attraction of manufacturing firms from Singapore. With manufacturing, it will bring with it the need for supporting industry like logistics, financial and many others. Then the next things is to train its labour force to help companies' next phase of growth. The answer I educity...... With such policies and many others, I believe Nusajaya has a high chance of succeeding in the next 10-15years. With average income increasing and bigger talent base. Capital values of property will increase as long as it is limited. In my previous posting, I did mention that coastal land is limited. Coastal land with good city planning and awards are even more rare.

That is why many real estate investors pay top dollars for prime land anywhere in the world. Most country have 2 city. North city/south city or east city/west city. In Japan, we have Tokyo/ Osaka. Taiwan Tainan/Taipei. China Beijing shanghai. Malaysia KL/Johor. I strongly believe that nusajaya/medini will be the new prime land of Johor as more and more wealthy people move in.... As the reality of developments (Somerset residences, traders hotel, indoor theme park, Lego land and educity, parkway hospital, etc and etc) set in, it will be too late to react...... Am I too bullish????? Ha ha...

A big congratulations to all....

PH

On a RM400K loan, one will be paying around RM310K in interest over the duration of the loan (30 years). Buy one house. Buy one for the banks also.

In Singapore, interest rates are low and land is truly limited + there is good rental demand i.e. why people get rich from prop investments
In Johor, interest rates are high and land is aplenty + rental demand is weak...not impossible but not as easy to profit from property compared to Sing....any profit will also be not as spectacular as Sing properties.

Cheers.
 

Sanur

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Loyal
“you ran zhuang yuan” or “you ran zhuang”, you ran >> leisurely, zhuang yuan>> cottages and farm

quote, "cai ju dong li xia, you ran jian nan shan", unquote.
translate "plucking chrysanthemum by the fence, leisurely admire hills in the distance

another "tao ran zhuang" , borrowed from the name of "tao ran ting" pavilion

Wa, very cheam
 

Fook Seng

Alfrescian (Inf)
Asset
yonglip said:
On a RM400K loan, one will be paying around RM310K in interest over the duration of the loan (30 years). Buy one house. Buy one for the banks also.

In Singapore, interest rates are low and land is truly limited + there is good rental demand i.e. why people get rich from prop investments
In Johor, interest rates are high and land is aplenty + rental demand is weak...not impossible but not as easy to profit from property compared to Sing....any profit will also be not as spectacular as Sing properties.

Cheers.

Agree. You should go to Johore to live, to consume, not for investment.
 

Sanur

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Hi everyone

Wish to share, if anyone if u doing extension of rooms, it us better to have roof tiles type, rather than flat roof, as flat roof tends to leak in time.
 

arsenal

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Hi everyone

Wish to share, if anyone if u doing extension of rooms, it us better to have roof tiles type, rather than flat roof, as flat roof tends to leak in time.

I think if can afford, have a flat roof as inner layer and roof tiltes as top layer.. Double protection..
 

Aisanbo

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Agree. You should go to Johore to live, to consume, not for investment.

Price of property in JB within last few years proved that there can be appreciation even though there's plenty of land around. I do not expect prices in Iskandar Malaysia to stay around this level in the long term though there may be ups and down along the way. The biggest worry is stability of the government policies.
 

Fook Seng

Alfrescian (Inf)
Asset
Aisanbo said:
Price of property in JB within last few years proved that there can be appreciation even though there's plenty of land around. I do not expect prices in Iskandar Malaysia to stay around this level in the long term though there may be ups and down along the way. The biggest worry is stability of the government policies.

Investment is always a relative thing. And you need to measure returns on a fixed term, not some vague long term horizon like what our Govt uses to defend losses in investments.
 

arsenal

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Agree. You should go to Johore to live, to consume, not for investment.

I kind of agree.. so buy within the mean with the main objective to own or to stay.. Take price appreciation as bonus rather than expectation..

Make money in Singapore and consume it elsewhere like what every migrant worker is doing... Anyway our CPF money will always be stucked and take that as contribution to the Singapore govt for their hard work.
 

Puteri harbour

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Loyal
Agree. In real estate investment timing is very important because it is 5 time leverage. 20% down, all capital wep out. The worth REAL in front of the estate tell us that we always have to look at things in relation to future inflation and current market liquidity.

We must differentiate the real value and nominal value of a property. Given the current food price, oil price as well a cement, sand and labour cost. The real value of property in JB may have fallen despite an increase in nominal value. Increasing living cost also mean that government land sales is likely to increase in price to fund more government expenses. Land price together with cost of construction will drive property prices even without real economic growth.

It I frightening when you ask anyone of they have money. Almost everyone answer is YES.
More frightening when you ask them do they intend to invest. The answer is also YES.
The perfect storm come when you ask them when they intend to invest. The answer is waiting for the right time.

My conclusion is:-
Why not invest now and sell at a later date when everyone think that it is the right time.
My feel is that when all think that it is the right time, all asset prices will surge almost vertically.

This is more a confident crisis more than an economic crisis......

Hope the above helps....

Cheers,
PH

Investment is always a relative thing. And you need to measure returns on a fixed term, not some vague long term horizon like what our Govt uses to defend losses in investments.
 

arsenal

Alfrescian
Loyal
Good analysis.. Make us who have vested feel very good.. When everyone in Singapore said it is time to buy JB property, ha, we are already far ahead..

Agree. In real estate investment timing is very important because it is 5 time leverage. 20% down, all capital wep out. The worth REAL in front of the estate tell us that we always have to look at things in relation to future inflation and current market liquidity.

We must differentiate the real value and nominal value of a property. Given the current food price, oil price as well a cement, sand and labour cost. The real value of property in JB may have fallen despite an increase in nominal value. Increasing living cost also mean that government land sales is likely to increase in price to fund more government expenses. Land price together with cost of construction will drive property prices even without real economic growth.

It I frightening when you ask anyone of they have money. Almost everyone answer is YES.
More frightening when you ask them do they intend to invest. The answer is also YES.
The perfect storm come when you ask them when they intend to invest. The answer is waiting for the right time.

My conclusion is:-
Why not invest now and sell at a later date when everyone think that it is the right time.
My feel is that when all think that it is the right time, all asset prices will surge almost vertically.

This is more a confident crisis more than an economic crisis......

Hope the above helps....

Cheers,
PH
 
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teck21

Alfrescian
Loyal
Finally done with my 2-week ICT, now back to the serious business! Hope my live firing didn't distirb you guys out there! Think I could see Nusajaya from the hilltop I was firing from, but I can't be absolutely sure.

Have been following this thread with great interest, and received advice from many posters here, special thanks to Sanur.

In my case, I am looking to relocate with a view to a more relaxed and comfortable lifestyle, with an element of investment involved (isn't there always one where property is concerened? Even if it's strictly for 'own stay'!), although for this initial property, my investment horizon is exceptionally long, and I'll see how it goes after this one before deciding on the next step in terms of property investment.

Like many others here, I wish for my child to grow up in an environment where he is free to run around and explore something beyond the constant confines of 4 walls, somewhat like my own when my siblings and cousins and I were free to run or cycle around, disappear and simply be back home in time for meals etc.

I don't know if you all remember the recent tragic case of the Indonesian boy who fell into a drain along Balestier during a heavy downpour and got swept away and drowned? I grew up within 50m of that drain, it was the very same drain my childhood companions and I used to play in and catch 'drain fish'. The development of Singapore since then has made such activities either outright impossible or dangerous, and I really do think that a childhood is better spent in an environment other than this if possible.

Hence, my sudden urgency to move. Will I be buying a property in JB at an inflated price? Quite likely. Are property prices there immune to sharp decline in Chinese property prices? Massive banking collapse in Europe, then the world? Absolutely not. But I do know that I will be selling my ageing leasehold HDB flat in Singapore for a ridiculously unjustifiable price that it makes perfect sense for me to move now. And I really do think that the Iskandar project will develop nicely in the long run, although I doubt they will be successful in every area of targeted development. But it does not appear like a project that gets abandoned once corruption has skimmed enough off, or enough gullible people have been scammed. I visited Port Dickson once with my wife, and I cannot imagine anyone who has ever visited the place could possibly consider buying a 'luxury' investment property there. But that was several years back, maybe PD has become the leisure yachting hub for the regional rich and famous they claimed they would be!

I do still have some queries for which answers are much appreciated.

1) I am looking to move under the MM2H scheme, wonder if any other posters here have. I do have some questions regarding that.

Currently I am looking to get property in HH, although it would be unwise not consider other options. Mostly I've only been reading up on, and hearing about HH only so my knowledge on other options is fairly limited.

2) Bukit Indah
By SpSetia. Is Bt Indah considered to be within Nusajaya itself? It's property prices seem substantially lower than similar HH ones, wondering what the reasons are, and whether Bt Indah should be worthy of consideration.

3) Nusa Idaman
My understanding is that Nusa Idaman is part of UEM Nusajaya Residences project, yet I cannot seem to find any information whatsoever on properties there, or anything for sale. Is there really such a place?

4) Leisure Farm
There also seems to be very little discussion on this Mulpha project. I cannot find any completed properties there for sale at all, and I'm not at all sure why.

5) I am looking to move asap, so I will be looking only at completed resale properties. Are foreigners allowed to purchase these? Or does Malaysia have rules like Australia that exclude foreigners from the resale segment?

And many more questions to follow. :smile: The more one knows, the more questions one will have.

Thank you!
 

Investor

Alfrescian (Inf)
Asset
On a RM400K loan, one will be paying around RM310K in interest over the duration of the loan (30 years). Buy one house. Buy one for the banks also.

In Singapore, interest rates are low and land is truly limited + there is good rental demand i.e. why people get rich from prop investments
In Johor, interest rates are high and land is aplenty + rental demand is weak...not impossible but not as easy to profit from property compared to Sing....any profit will also be not as spectacular as Sing properties.

Cheers.

Just sharing my personal views on the above matter. I definitely agree with you regarding the facts which you've stated above, but what you've stated about Sg and Johor are all facts of the present situation. In investments, we are all betting on the future, don't you agree?

I have a much higher risk appetite when compared to most people. I like to invest in something which can yield a profit of at least 100%(double my purchase price),
- Within 1-2 years for stocks
- Within 5 years for properties.

Thus to make 100% profit on properties within the next 5 years and comparing both Sg and Johor's price at present, I see it in this simple way(using sgd as illustration);
Present price - If Nusajaya's price is presently SGD1, Singapore's mass market price is around SGD8.
In the next 5 years, I think there's a much higher chance for Nusajaya's price to double to SGD2(thus making 100% profit for me) than Singapore's price to further double to SGD16.

Of course not everyone dares to take risk like I do, many are low risk takers and will not take chances, they would rather wait for Nusajaya to become a reality before purchasing a nice property which they like. But when so many people are finally buying Nusajaya, that's the time when I'll sell off my excess units and use my profit on my new targets for investment.

There's no right or wrong here, just a matter of risk appetite and each individual's goals, dreams and ambitions. Many people are the 'down-to-earth' kind and I respect that. As for me, I'm the ambitious type :smile:
 
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