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The Ultra-Rich Malaysians are still especially upbeat about the long term economy in Iskandar ( not 3-5 years of course ). I heard nowadays the RM 5 million and above bungalows are purchased by Malaysians instead of the usual Singaporean buyers

That is why we cant depend on the developers to dish out RM 300psf condos. Only can wait for investors to off-load. With the latest positive ratings by an international agency, RM3.00 is a distant dream. I hope it wont go down to RM 2.50 but sadly, it is heading that direction.

I have changed what i need to change. Wont be changing ringgits whole of this year. I suppose the shocking positive ratings will make ringgit more expensive slowly unless MAS of Spore decides to let Sing dollar appreciates gradually.

I have heard enough of all these anyway. When the toll @ Woodlands was increased almost 3 times x 2 sides, many said JB economy is doomed. Now even weekdays the jams are atrocious. It has been putting off bona fide travellers like me who go in to pump petrol, massage and polishing my...

I wanted to be a Jiu Hoo agent but i cant due to my nationality because my Jiu-Hoo agent earns RM 100,000+ from me alone and from my fellow investor friends, he pocketed nearly a million in a single year. And Gelang Patah, if you look at the map, isnt that big.

Its just like no one is buying into Singapore or HK now. Nusajaya land is very limited even though Malaysia is 500 times bigger than this dot.

Danga Bay? I am not even looking at anywhere near that area. My Malaysian friends are waiting for Puteri Harbour prices to drop to RM 300psf so we can retire together. Even if Danga Bay or any other condos falls to RM 200psf, we are not even looking at it.

My point is, back then 10 years ago these naysayers were wrong when they said that those who bought into Iskandar are burning their fingers because there are people who earned millions, hence resulting to the greedy developers jacking up the prices and ramping up supply indiscriminately...

i know Malaysia is 500 x bigger than Singapore. But those nearest to Singapore is only 1-2 times the size of Singapore. I dont bother to even buy any houses in Batu Pahat even though its still in Johor. I have been helping my friends to source for firesales but those "despo" owners are still...

To be frank, all these talks about taunting and laughing at those who bought Iskandar properties are rubbish as well. Those who bought during those dull period ( when coastal highway and LEGOLAND are all palm trees & Iskandar got nothing to show ) are laughing their way to the banks and there...

After much time doing own research in properties in Malaysia ( commercial or residential and even land banking ), I realize the worse rubbish are spoken by PROPERTY AGENTS & BANKERS such as Analysts who got Masters from LSE or Harvard. I rather toss a coin to decide than to hear their judgement...

There are developments which do some tweaking to the SPA to allow you to get rebates or cashback etc. This I wont dwell into in a public forum as it has its pros and cons but in this ailing market the investors all got burnt ( including the agents who snap up a few units )

I wont ask a hawker if his food is delicious. I also wont ask a hawker if his neighbours food is lousy

"To pay say S$300,000 for a modest size Iskandar property and use it as a "holiday home" is certainly very expensive! Even if you splurge S$250 every week to stay in a 3 star hotel in Singapore, you can enjoy 25 long years of relaxing "staycation" to equal the cost of buying an Iskandar...

Hi SGcount, I really do not know your cash-flow but let me tell you a few confirmed conclusions I have. 1) You sell. You lose and that's for sure 2) You keep it but never rent out. Its yours forever even if the value goes down to zero which is not possible. Its freehold I presume. And there...

that is why I am always encouraging my friends who are big bosses to hop into PH to buy 1-2 condos for retirement. They wont lose S$5million even if they want to.

I like your reply. Someone LOST S$5.2 million ( RM 14.56 million ) selling away his or her Seascape condo, a leasehold seafronting ocean view in Sentosa recently. I was rather surprised the media never pick this up yet. Shocking news to me really. Small time hawkers like me only have $350k to...

Ya lor. I talked to my friend who is a Senior govt servant earning S$5000 a month. He also regretted buying a property within 5 min walk from CIQ in Woodlands. He got a landed house in Singapore which will belong to him after the owner kick the bucket. I told him to retire in Singapore with a...

Why dont you keep it? Its not that expensive la my friend. You can just keep it for holiday home and who knows after 10 years Medini is another Shenton Way. You really never know. Years ago no one will guess East Ledang semis will shoot to RM 2.5 million from a RM 700k ( that time RM 700k was a...