Living in JB 2 (Johore)

[Icyraine]

Talked to the SP setia sales people 6 months ago, they said they have new shops launching this year, next to Jusco , but if the previous batch also only leasing ground floor then it should be the same for this year launching, then to me no point buying laa..

 

[juzanee]

I'm trying to compile a post on rental in iskandar. Any bros & sis care to share how much rental you are getting for your investment units?

ie.
location: horizon hill, NI, leisure farm etc.
type: bungalow, semi-d, terrace, condo
area: how many sqft
rental amount

Also, how is tax calculated for rental income collected?

I know that condo currently is an untested market. Have to wait for one of the condos like Sky Executive@Bukit Indah to be up and running first.

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http://livinginjb.info

 

[jasonjst]

Yes, bro, i want to know about this as well, i am looking into shoplot as well, not so much on office but more on the ground floor retail. Care to share with us?

Edited: oops, see that u already replied while i was writing this post. Then may i asked, how much is your monthly instalment ? the RM3500 can cover or not? Thx.

Depend on your buying price , at current market price cannot cover instalment .

 

[Icyraine]

Depend on your buying price , at current market price cannot cover instalment .

If we have good holding power for 3 years then i think it's still worth it.... provided the gap btw installment and rental is not too huge. I think south key is very attractive but i want to know the total numbers of shop unit there, the more the better, and of course price is important as well.

 

[jasonjst]

If we have good holding power for 3 years then i think it's still worth it.... provided the gap btw installment and rental is not too huge. I think south key is very attractive but i want to know the total numbers of shop unit there, the more the better, and of course price is important as well.

Will go there and do a feasibilities study and let you guys know ...

 

[jasonjst]

these resale i suppose on level 2 onwards? i believe level 1 retained by Setia for tenant mix control and rental...bloody smart. haha.

If Setia keep ground flr for themselve , not point lah . Upper flr cant fetch much rental one , grantee to lose money.

 

[Icyraine]

Jason, those resale shop offices ( still many available) in bukit indah along the road from "best-mart" near mcdonalds to Giant/Tesco, is it worth buying? I wonder why many are still not taken up in resale...

 

[alleyboy]

Jason, those resale shop offices ( still many available) in bukit indah along the road from "best-mart" near mcdonalds to Giant/Tesco, is it worth buying? I wonder why many are still not taken up in resale...

That day and it was a weekday, very few "traffic" at Jusco. Noticed some of the sales staffs cho boh tai chi...Pak bang...

 

[jasonjst]

Jason, those resale shop offices ( still many available) in bukit indah along the road from "best-mart" near mcdonalds to Giant/Tesco, is it worth buying? I wonder why many are still not taken up in resale...

Well these people brought at 600 to 700 range , now trying to make a profit of 800K - 900K . If it is me I will also take profit lah . I think not worth buying as price is way out of fundamental . I spoke to a learned friend who tell me anything above 1.5M is difficult to make money lah . Most business cant survive rental above 5K to 6K leh .

 

[yonglip]

Well these people brought at 600 to 700 range , now trying to make a profit of 800K - 900K . If it is me I will also take profit lah . I think not worth buying as price is way out of fundamental . I spoke to a learned friend who tell me anything above 1.5M is difficult to make money lah . Most business cant survive rental above 5K to 6K leh .

agree.

for rental of commercial prop, i always like to use a figure of RM3K rental for long term sustainable rental (i..e long term average figure regardless of market up or down). Also i like a rate of return of at least 5% to be attractive enough to switch from cash into property. based on these 2 figures, anything more than 700K would make me uncomfortable.

again, thats me,....conservative or in SG lingo...KIASI!..haha.

 

[jasonjst]

agree.

for rental of commercial prop, i always like to use a figure of RM3K rental for long term sustainable rental (i..e long term average figure regardless of market up or down). Also i like a rate of return of at least 5% to be attractive enough to switch from cash into property. based on these 2 figures, anything more than 700K would make me uncomfortable.

again, thats me,....conservative or in SG lingo...KIASI!..haha.

Yes right , small biz 2K to 4K , mid size , 5 - 8K , big fishes like banks 10- 20K difficult to catch unless you are developer . This I belive is current market for JB . Longer term things may improve but we never know , that is the risk/gain people need to factor in .

 

[yonglip]

Btw, yonglip, avalon74, teck21, was compiling the recent discussions about your renovations: http://livinginjb.info/?page_id=414.
Can I clarify, are the prices in RM or SGD? (I'm assuming its RM).

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http://livinginjb.info

Hi sister,

its in RM.

Cheers.

 

[yonglip]

I'm trying to compile a post on rental in iskandar. Any bros & sis care to share how much rental you are getting for your investment units?

ie.
location: horizon hill, NI, leisure farm etc.
type: bungalow, semi-d, terrace, condo
area: how many sqft
rental amount

Also, how is tax calculated for rental income collected?

I know that condo currently is an untested market. Have to wait for one of the condos like Sky Executive@Bukit Indah to be up and running first.

------
http://livinginjb.info

hi sis,

jus curious...u have a day job?..haha. dont mind me. even my wife say i busy body la kopi type.

 

[juzanee]

hi sis,

jus curious...u have a day job?..haha. dont mind me. even my wife say i busy body la kopi type.

Yes yes, got day job. Need a job to pay for the house! haha.

I wanna know all these info also mah, so can make investments as my 2nd job. So at the same time, just let you all see my 'notebook' too.

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http://livinginjb.info

 

[Icyraine]

hi sis,

jus curious...u have a day job?..haha. dont mind me. even my wife say i busy body la kopi type.

Haha, This world is made better due to the presence of many busy body la kopi type brothers and sister. But busy body in a good way laaa.. dont go pick a fight with strangers.

Btw, Juzanee, i know many had said this but i would also like to thank you for your effort in compiling these info to a single organized website.

 

[Icyraine]

That day and it was a weekday, very few "traffic" at Jusco. Noticed some of the sales staffs cho boh tai chi...Pak bang...

Aiyo, i am the one pak bang now... if not i wont be refreshing this thread every 15 mins, after CNY i think most ppl still holiday mood.

 

[austin_hts]

This is what I know -

Location: Austin heights
Type: semi-d
Area: built up 3700 sqft, land 4000 sqft
Rent : 6k to 8k ( depending on reno )
Purchased price : 750K 2H 2009 (unfurnished )



UOTE=juzanee;950044]I'm trying to compile a post on rental in iskandar. Any bros & sis care to share how much rental you are getting for your investment units?

ie.
location: horizon hill, NI, leisure farm etc.
type: bungalow, semi-d, terrace, condo
area: how many sqft
rental amount

Also, how is tax calculated for rental income collected?

I know that condo currently is an untested market. Have to wait for one of the condos like Sky Executive@Bukit Indah to be up and running first.

------
http://livinginjb.info[/QUOTE]

 

[yonglip]

Aiyo, i am the one pak bang now... if not i wont be refreshing this thread every 15 mins, after CNY i think most ppl still holiday mood.

i every day also holiday mood.

 

[Icyraine]

i every day also holiday mood.

Hehe, i wish the same for me.

 

[Icyraine]

I'm trying to compile a post on rental in iskandar. Any bros & sis care to share how much rental you are getting for your investment units?

ie.
location: horizon hill, NI, leisure farm etc.
type: bungalow, semi-d, terrace, condo
area: how many sqft
rental amount

Also, how is tax calculated for rental income collected?

I know that condo currently is an untested market. Have to wait for one of the condos like Sky Executive@Bukit Indah to be up and running first.

------
http://livinginjb.info

Location: JB Downtown
Type: Condo
Name: Sri Samudera
Rental: 2 rooms unit (750 sqf) = RM1600-1700 , 3 rooms unit (1100 sqf)= RM2400-2800
Purchase price: Depending on level, eg. 2 rooms @ 20 floor= 180k in 2009