Will have to sell above RM 500K ! Yes, seems ex. Qn is how long will it take to 'transform/revitalise' JB city? Or will it ever happen? See artitcles :
Time to revitalise rustic part of JB city - 27 MAY 2010
http://www.iskandarmalaysia.com.my/news/100527/time-to-revitalise-rustic-part-of-jb-city
Master plan for JB redevelopment soon - 5 Feb 2011
Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim said the project, which would take five to seven years to complete, would transform Johor Baru into a vibrant city.
http://www.starproperty.my/PropertyScene/TheStarOnlineHighlightBox/9977/0/0
Transforming Johor Bahru -12 May, 2011
Malaysian government, under the 10th Malaysia Plan, has allocated RM1.8 bil towards the transformation of Johor Bahru City Centre. With that, it is anticipated that the Johor government will unveil its transformation strategy to redevelop Johor Bahru in the coming quarter of 2011.
http://www.iproperty.com.my/news/3595/Transforming-Johor-Bahru-
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For info.... when The Sail @ Marina was launched at S$900-S$1000 psf many years ago, it was considered very very ex. Now selling up to psf S$3000 !
From URA website (caveats lodged)
THE SAIL @ MARINA BAY S$1,570,000 614 sqft 2,559 psf May-11
THE SAIL @ MARINA BAY S$1,627,100 614 sqft 2,652 psf Apr-11
THE SAIL @ MARINA BAY S$6,231,000 2,077 sqft 2,999 psf Apr-11
THE SAIL @ MARINA BAY S$3,600,000 1,184 sqft 3,040 psf Apr-11
Time to revitalise rustic part of JB city - 27 MAY 2010
http://www.iskandarmalaysia.com.my/news/100527/time-to-revitalise-rustic-part-of-jb-city
Master plan for JB redevelopment soon - 5 Feb 2011
Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim said the project, which would take five to seven years to complete, would transform Johor Baru into a vibrant city.
http://www.starproperty.my/PropertyScene/TheStarOnlineHighlightBox/9977/0/0
Transforming Johor Bahru -12 May, 2011
Malaysian government, under the 10th Malaysia Plan, has allocated RM1.8 bil towards the transformation of Johor Bahru City Centre. With that, it is anticipated that the Johor government will unveil its transformation strategy to redevelop Johor Bahru in the coming quarter of 2011.
http://www.iproperty.com.my/news/3595/Transforming-Johor-Bahru-
~~~~~~~~~~~~~~~~~~~~~~~~
For info.... when The Sail @ Marina was launched at S$900-S$1000 psf many years ago, it was considered very very ex. Now selling up to psf S$3000 !
From URA website (caveats lodged)
THE SAIL @ MARINA BAY S$1,570,000 614 sqft 2,559 psf May-11
THE SAIL @ MARINA BAY S$1,627,100 614 sqft 2,652 psf Apr-11
THE SAIL @ MARINA BAY S$6,231,000 2,077 sqft 2,999 psf Apr-11
THE SAIL @ MARINA BAY S$3,600,000 1,184 sqft 3,040 psf Apr-11
I see ! But might have problem if you want to resale to foreigner . Just feel that for a small flat of 533sq ft , is quite ex leh !