What is so super great news about this? It is an advertisement.
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Princess Cove R&F
- Thread starter Highflyer
- Start date
What is so super great news about this? It is an advertisement.
Wow....more good news for PC owners.....
R&F Princess Cove provide Free Shuttle Service of the JB Sentral-Sales Gallery starts from 1st August 2015! Operating from 10:00 am to 5:50 pm daily, pick up every hour from Gate 3 of JB Sentral to R&F Princess Cove Sales Gallery to and fro.
R&F Princess Cove provide Free Shuttle Service of the JB Sentral-Sales Gallery starts from 1st August 2015! Operating from 10:00 am to 5:50 pm daily, pick up every hour from Gate 3 of JB Sentral to R&F Princess Cove Sales Gallery to and fro.
Good news to PC owners?
You should say good news to prospective PC buyers which will be few with the introduction of the new VEP.
It just shows that sales is not moving at all!!!!
BREAKING NEWS!
R&F Princess Cove is selling hot in Indonesia! R&F and Write Realty works hand in hand to introduce this project to many rich indonesians at Ciputra Hotel in Surabaya Indonesia. Customers couldn't wait to book their dream units by CASH ! R&F Princess Cove have been successful since re-brand itself as the "North Star of Singapore"!!
R&F Princess Cove is selling hot in Indonesia! R&F and Write Realty works hand in hand to introduce this project to many rich indonesians at Ciputra Hotel in Surabaya Indonesia. Customers couldn't wait to book their dream units by CASH ! R&F Princess Cove have been successful since re-brand itself as the "North Star of Singapore"!!
Err.. Ok... Good if that is true... But I see in the picture the cash is Ringgit... Why would they pay in Ringgit cash in Surabaya? Unless they had been stashing RM all along...
BTW, I have not received my request for 2nd progress payment... I fear the project is in delay....
Since the property is in Malaysia, the transaction should be in RM preferably.
What you say may be true for now....but down the road they may change again . Imagine having a freehold , 6 years later become leasehold..... go look other region in KL and Penang.... at least you know they don't short change you by suggesting such policy.
R&F should be wise to invest in other region than here.
6 years later become leasehold???? do magic meh?
1000% agree with your notion.
Yup, just ignore those little Napolean. Later as usual, they will deny saying that and say the press miss-quote them.
Personally, I don't think there will be any retrospective conversion of freehold to leasehold. From the exact wording of the reports, I don't think they are thinking of that either. They seem more concerned with inhibiting the future sales of freehold to foreigners.
I don't think present freehold owners should be worried with their proprietary rights but as some have pointed out, disposing of it may be a problem as you may only sell the freehold to a local. And with grads starting pay at around RM2,000, there aren't going to be that many buyers around. I suppose you could wait another 25 years for Malaysia to develop and for inflation to bring RM 1 million within the acceptable range (provided there are no new rules implemented)
What I am not sure about is transference - ie. Ok, I cannot sell but can I will it to my son? Logically it should be fine for inheritance to take place. For one thing, my Malaysian Will bequeaths the property to my wife. My friend whose Malaysian mother died was able to inherit her place even though he was Singaporean and the place was worth only RM300,000.
I don't think present freehold owners should be worried with their proprietary rights but as some have pointed out, disposing of it may be a problem as you may only sell the freehold to a local. And with grads starting pay at around RM2,000, there aren't going to be that many buyers around. I suppose you could wait another 25 years for Malaysia to develop and for inflation to bring RM 1 million within the acceptable range (provided there are no new rules implemented)
What I am not sure about is transference - ie. Ok, I cannot sell but can I will it to my son? Logically it should be fine for inheritance to take place. For one thing, my Malaysian Will bequeaths the property to my wife. My friend whose Malaysian mother died was able to inherit her place even though he was Singaporean and the place was worth only RM300,000.
Freehold can only sell to locals...low demand
Leasehold can sell to foreigners...higher demand.
So that leads us to the scenario where Leasehold house more expensive than Freehold house.
So developer would rather sell leasehold house.
Hmm....very odd
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