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  1. M

    Forest City

    With a new state of the art coal fired power plant as neighbour, there will be no worries of power shortage at the forest city. http://www.powermag.com/tanjung-bin-energy-power-plant-johor-malaysia-2/
  2. M

    Forest City

    Forest City claims that the sales for the first half of this year is 10 billion RMB = RM 6.2 Billion of sales? wow, if each unit is Rm 1 million average, they sold 6200 units of condo in Forest city within 6 months. Either they anyhow hamtam or my math got problem. To many zeros, easy to be...
  3. M

    Forest City

    Despite all the pessimism and sarcasm in this forum, forest city is forging ahead. With the opening of the hotel partially and the commercial street this month, forest city is starting to deliver promises, not talk only. Wish them all the best, and pls don't sink !! (literally)...
  4. M

    Property News

    Landed in bukit indah almost sold out. not for foreigners as all below 1m. http://www.thestar.com.my/metro/community/2016/09/30/property-in-bukit-indah-in-demand-80-of-units-in-project-snapped-up-says-developer/
  5. M

    Forest City

    The numbers quoted in the Weixian are so unbelievable. Reminded me in shenzhen recently a development declared fully sold out 1000 units in 4 hours, actually only sold 40% . Hopefully it doesn't become the biggest flop of the century.
  6. M

    Economic News

    Fixed deposit suffers from depreciation of the money and risk of bank bankrupt because they had too much bad debt. Safest way is to spend the money, current value fully realised and enjoyed.
  7. M

    Property News

    See la, you people talk until no developer dare to build anymore, so all become green and open space http://www.thestar.com.my/metro/community/2016/09/28/more-green-and-open-spaces-state-government-wants-balance-between-development-and-ensuring-a-conduci/
  8. M

    Property News

    Is it? News to me. I thought sell to foreigner need to be above 1m, if lower than that you can sell to locals. That's all?
  9. M

    another Perspective from a Malaysian Developer

    True that 700psf is about the break even price for medium quality condo plus small profit for developer, any lower they might as well forget it and shake leg. Why do so much work but earn nothing? If at these prices still nobody buy, then the entire property market will die down, nobody will...
  10. M

    Economic News

    Good example, but it can be improved on. At sixties, generally the health has started to deteriorate after working the whole life, so could not fully enjoy the newfound financial freedom. I would suggest to achieve this stage at early fifties to fully enjoy the final stage of the life.
  11. M

    Economic News

    Make sense only if one sell the hdb and move to studio flat for the old folks or migrate. Imagine making a 300k profit by selling the 1000sqft hdb and then move to an equivalent condo unit, will end up with another 800k loan to service. Or move to a new bto for similar prices, not too bad since...
  12. M

    Banking & Finance (includes credit cards posting)

    I am using Citibank services. Not as good interest rate for the fixed deposit, but it allows me to transfer without fees between singapore, malaysia, usa, Australia and Vietnam. A truely world bank. When I opened my account in Citibank, just need to show SPA. I tried the Maybank as well and also...
  13. M

    Eco Botanic @ Nusajaya

    High Tension Cables. Safe distance from those metal towers is minimum 700feet.
  14. M

    Exchange Rates for RM

    I think he meant he need 200k RM as cash flow into the business, not literally pumping one way into the business.
  15. M

    Banking & Finance (includes credit cards posting)

    Just Need to show prove that you have a property in Malaysia. That's about it.
  16. M

    Eco Botanic @ Nusajaya

    This is the development with the HTC very close by?
  17. M

    Property News

    Greenland and country garden on the list of suspected shadow banking property companies. Beware. http://www.bloomberg.com/news/articles/2016-09-22/beware-the-chinese-property-companies-that-look-like-shadow-banks
  18. M

    Property News

    2045 is very far away, but we cannot deny that things in medini are moving, slowly but surely. Jan 17 sunway international school starts, Apr 17 coastal link highway completed, 2018 medini 9 completed, the list goes on. If it is still a ghost town in 5 years, I have nothing to say....we placed...
  19. M

    Property News

    Hard rock cafe and resort coming to desaru in 2017. Life's good. http://www.prnewswire.com/news-releases/hard-rock-international-announces-plans-to-bring-legendary-vibe-to-malaysias-desaru-coast-300330099.html
  20. M

    Economic News

    Ikea Johor will be ready by end 2017. http://www.thestar.com.my/news/nation/2016/09/15/ikea-malaysia-to-open-in-johor/
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