The condos supply seem scary. Landed ones seem more manageable. I suppose many pp feel more secure in condos, get a cheaper flipping option or r looking at rental yield.
KSL you can call up HSR sg agent to ask if you are in singapore. But price has gone skyhigh. But again, if you hoot a reasonably priced unit, let me know. Lucky I got a unit when it was building halfway.
But even one lost chance doesnt mean no more chance.
Bumi unit as long as its convertible is ok. But different ppl will have different opinion. Important thing is all must be in black and white.
I went to JB 4 times with two different lawyers at two different places with lots of frustration before things get settled. Keep a close eye on your agent, banker, lawyer and developers. The 4 must be reputable. Any weak link in the chain and cork things up.
I'm concerned about safety of landed coz I dont drive while you concerned about safety even when you are considering a condo. So I assume you mean the surrounding areas. I don't intend to go out at night unless KL send in the Special Forces and post them all over JB City and I prefer condos which have bus stops in front of it / very near it / or better, with shuttle buses. KSL City has shuttle bus from CIQ. Others may have similar services such as SkySuites (the developer told me, but it's only say, only when I see a shuttle bus plying from SkySuites to CIQ will I believe). Some concerned about factories from Senoko blasting polluted air towards sky suites but I dont see it as a problem. Unless senoko turn into a chicken area and chicken smell can cross oceans...lol
Setia Sky 88 will be priced at a premium. Shop around first before plunging. But emotions may run high when you see a majestic model in front of you. Perhaps should not bring any pen and cheque book, credit card, debit card, and bring only twenty dollars whenever you go for launch...haha..lol
They gonna help Singaporeans in a way now. Lesser and lesser people will buy HDB now that Singaporeans will flock to JB, live there, and work in sg (albeit some inconvenience until the Super MRT starts business in 2018. HDB will have oversupply and prices of HDB prices will stabilize or even plunge 80%!! LOL. Just kidding XD
Lai ah lai ah. Durian cheap cheap ah. Hoot ah. hahaha
By 2015, a record number of HDB and Condo will be built in Singapore.
Event if prices does not drop much, rental will surely be affected.
When there are more supply of houses in Singapore, more people who are currently staying in JB and travelling to SG to work will find it more attractive to move to SG.
What would happen to demand of houses in JB then?
I do recognize that Malaysia govt is making effort to grow JB population and industry, but all these takes years.
Currently I feel that rate of building new residential property outpace rate of population increase.
Can anyone correct me if I'm wrong?
Anyone know what's the psf and any available units left? The square feet looks great at 600+, not too small like 500+, and not so "ex" (relatively speaking) like 700-1000+ sq ft. TOP ?
As for Pine View, my questions is same as above.
Appreciate some answers.
I was interested in stack 8, which is corner and north facing.
The lady quoted me 3br, 1375sf. North facing
It has permanent shuttle to CIQ. The 2BR are all low floor and are all below 500k.
In terms of location, pine view location is more strategic because you can actually WALK to CIQ due to the facing of CIQ entrance.
Furthermore the empty area around it has good development potential.
For skysuite and V@summerplace, it is not possible to walk....
The space south of V@summerplace, west of skysuite belongs to V@summerplace's developer and has potential for more development (eg mall or office).
However this potential new building will most likely block V@summerplace's seaview.
What are your experience about living in KSL or your own observations? You mentioned about safety of landed but I understand that the surrounding areas of KSL are notorious. As you know, Taman Century is just around the corner and there's been well documented stories about crimes over there.
Looking at your positive views about the area, I am really quite keen to dabble in JB centre which I do not have exposure too and it has the attractiveness which the 2nd link areas cannot offer.
Permas Jaya location nice?
Hi freedom, thanks for yr reply.
I like KSL's guarenteed rental.
Say selling price RM500k.
Guarenteed rental 24% = 120 K (3 years)
You pay RM380K.
10% cash downpayment =RM 50 K
Loan =RM 330K ( note this is less than 70% selling price, hence no problem if it is yr 3rd or more property)
So only cash RM50K, for three yrs no need to worry abt collectg rents, maintence. No need to pay rental income tax.
If sell after 3 yrs at say RM600, property gains tax is computed on lower margin (600 - 500).
If u were to buy at RM380, no guarenteed rental. And u rent out on yr own at RM40K per yr.
30% cash = RM114K (assume 3rd property) (ie more cash upfront)
Need to pay tax on rental income.
Property gains tax will be high ( 5% of 600-380).
there are many creative ways to push up selling price.... include legal fees, stamp duties, initial yrs maintenance fees etc etc... you name it, they can put it inside the package...
Very easy access from EDL.. But not gated.... Maybe price will rise because of EDL.. But you need Robocop.. Or spiderman..
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