Living in JB 2 (Johore)

[Funds Transfer]

With so many FTs with dubious degrees working in SG, now I think it is no point to study in SG..might as well relax and go study at a Pinoy university and then come here to work..what is the difference?

Haha, I like that.
But seriously, having a degree is way over-rated.

I rather like to think that we are getting literate in Singapore but not getting an education.

[Funds Transfer]

Yes, from an older posting almost a year ago, it was already 1.57m
http://www.propertyguru.com.sg/singa...rt-bayou-creek

For EL we saw terraces selling for 1.25m a short while back.

I must admit that the pace of appreciation over the last 2 years for Nusajaya is astonishing.
Perhaps even greater than Singapore.

But of course the quantum is a different matter altogether. Unless we buy in clutches!

[Funds Transfer]

Not kidding FT,

Leisure Farm's Bayou Creek currently sells;
Semi-Ds at prices between RM1.721 mil to RM2.573 mil.
Bungalows at prices between RM2.774 mil to RM4.754 mil.

East Ledang's corner terraces already hit above RM1 mil some time back.

Wow!

But unfortunately I am not vested there!

Sob! Sob!

[Funds Transfer]

Definitely more expensive the further up north one goes like KL, etc. It kind of reflect the premium over the southern part.

Went there for a vacation recently. 'Quayside' - a luxury development is very popular with Singaporeans there. All in their millions!

[homeinjb]

At last got a house in HH after pondering over for last 3 months Gave into wife's desire to have a corner unit with extra land!!!
Need some help on following
1) Was told that S&P will be after 4-6 months and i will be notified. Does that takes so long for S&P?
2) Need to pay 10% (minus the deposit) on S&P signing date
3) Legal fees will be absorbed
4) Stamp duty (3.5%) + foreigners levy to be paid by us
5) Was introduced to Standard Chartered banker, claims need to pay him 0.5% stamp duty. Is it part of the regular procedure?
6) Even though house will be completed after 24 month (approx), we need to keep on paying interest after signing S&P till TOP and thereon actual installments starts. Can anyone plz recommend better banks and loan options?

Pls advice if have missed out any thing in my calculations

[Diaspora]

Thanks for the view. However I a bit worried about the customs increase charges for Singapore cars. Seems like they want to make us pay for the cost of building the EDL...

Hmmm...what can one make with such news??
wayang by the MY gov and this crony company Or for real??


http://biz.thestar.com.my/news/story...6&sec=business

MRCB falls to lowest since October

KUALA LUMPUR: Shares of Malaysian Resources Corporation Bhd (MRCB) fell to their lowest since October last year on Thursday in the absence of fresh positive news.

At 12.30pm, it was down two sen to RM1.72. There were 6.13 million shares transacted at prices ranging from RM1.70 to RM1.76.

The FBM KLCI was down 2.8 points to 1,596.06. Turnover was 1.02 billion shares valued at RM661.94mil. There were 221 gainers, 358 losers and 311 stocks unchanged.

Analysts had said the decline in MRCB share price was due to the lack of news including its involvement in the development of the Rubber Research Institute land in Sungai Buloh.

Recently, MRCB said it was open to selling its Eastern Dispersal Link (EDL) expressway back to the Government following the latter's decision to review the company's toll concession mooted in 2008.

MRCB chairman Tan Sri Azlan Zainol was quoted saying the cost of the EDL was estimated at around RM1.4bil, and he hoped a decision to be made in May.

[wuqi256]

Weird news about the MRCB it seems, hope it will not be true.

[wuqi256]

Went there for a vacation recently. 'Quayside' - a luxury development is very popular with Singaporeans there. All in their millions!

Sounds like a nice place, are you thinking of getting one?

Wow!

But unfortunately I am not vested there!

Sob! Sob!

Not too late but the price, no offense to LF folks, for that price I rather get East Ledang.

[wuqi256]

So it seemed popularist govt might not always be no good.. At least every now and then they will do something for the people to win votes..
Imagine if our govt do the same thing to foreign property buyers.. Foreigners cannot buy HDBs but can only buy private 2M and above, I guess the HDB prices will become affordable and the private properties prices will soar.. Also rental will be good..

Sometimes, they need to do things for the people or at least to be seen doing so.

[wuqi256]

Dear all, do change your password regularly especially for old timers. Couldn't login in for much of yesterday.

[wuqi256]

Wow , u must be very very young. My era dun hv such thing n my parent won't do it de.

Mine is from the ultra tough love era, our time nobody will do that. Everyone is busy working, pretty much on our own back then.

As of now , I won't move back. I dun mind to send my kids to school since I have to go to work too. If I am a housewife , I am also ok to send them to study in sg.

Kudos to you, my wife won't move back too.

[wuqi256]

Hi homeinjb,

Congrats, welcome to the club!! As long as you avoid SCB and ask around the banks before committing. Always best to go straight to developer!! Yes, that's progressive payments.

[Funds Transfer]

Weird news about the MRCB it seems, hope it will not be true.

Bro, I read it differently. MRCB may be sold down given the reduced revenue opportunity because the Government decided not raise the toll charges as high as we thought it may be.

[Funds Transfer]

Sounds like a nice place, are you thinking of getting one?

Don't think so. Penang is a little too far away. Iskandar has greater upside.

Quayside is built on reclaimed land though. :O

[danteakc]

Hi homeinjb,

Congrats, welcome to the club!! As long as you avoid SCB and ask around the banks before committing. Always best to go straight to developer!! Yes, that's progressive payments.

Why SCB?

I'm currently with Standard Chartered Bank on the 2nd year. Care to elaborate?

Btw guys I'm currently training to be a property agent in Singapore. In 3 months time I'll be taking my license. Please support support. I'm free on 4 of May if interested to meet.

[Funds Transfer]

Why SCB?

I'm currently with Standard Chartered Bank on the 2nd year. Care to elaborate?

Btw guys I'm currently training to be a property agent in Singapore. In 3 months time I'll be taking my license. Please support support. I'm free on 4 of May if interested to meet.

You should consider also taking the training in Malaysia. Sure to get many business here!

[danteakc]

Thanks for your concern,

Its a Honda Wave.

thinking of buying the GTS 200 due for new business path. Worth it? Currently riding phantom 200 braking sucks.

[danteakc]

Absolutely, if pocket can take it, why not, Penang is a good place to stay as well but at 2m, a bit out of reach for folks. I think those keen should take action soon before they really implement at 2m.

I went Penang 1 year ago and the property prices are ridiculous and the worst part is many are investing with no tenant. I saw tall building with no one staying. Scary.

[danteakc]

Agree, thats why after i did my due dilligence i decided to come out here.
You and i, our risk appetites are different as well. Not everyone can take it.

I 2nd that. I'm quite glad you started this so that I get to pocket capital appreciation of $500, 000 ringgit only lah.

Thanks again.

[east539]

At last got a house in HH after pondering over for last 3 months Gave into wife's desire to have a corner unit with extra land!!!
Need some help on following
1) Was told that S&P will be after 4-6 months and i will be notified. Does that takes so long for S&P?
2) Need to pay 10% (minus the deposit) on S&P signing date
3) Legal fees will be absorbed
4) Stamp duty (3.5%) + foreigners levy to be paid by us
5) Was introduced to Standard Chartered banker, claims need to pay him 0.5% stamp duty. Is it part of the regular procedure?
6) Even though house will be completed after 24 month (approx), we need to keep on paying interest after signing S&P till TOP and thereon actual installments starts. Can anyone plz recommend better banks and loan options?

Pls advice if have missed out any thing in my calculations

har? is new house purchase from developer right? if it is, the banker will earn commission from bank for successful home loan internally, why need to pay him?