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There are private condos. If HDB flat dwellers want to upgrade, they can consider these condos. ECs are fine if the numbers are kept in check. The problem is the huge oversupply that has come up. That is a strong example of greed by the government. It's the same with the DBSS scheme. It was...

Thanks for the advice. Will put more money in fixed D. I think that's the way to go for now. Cambodia indeed sounds risky.

Unless you're retired or confirmed staying there, it's still too early to buy a Medini condo. If that's the topic here. All of them are overpriced at the moment and there is no critical demand and businesses to sustain the market. I feel it will likely be a ghost town. Wait at least another...

Agree about the overcrowded situation and hectic part. Just aim to take a nice short holiday say every half a year. Bali, Batam, Langkawi, Kok Samui, etc are very nice locations. For Johor, there are now many dirt cheap Airbnb offerings. Spoilt for choices. Only S$50-60 a night can...

Precisely because it's an open tender that's how the government is making money. Once you have a tender, highest bidder wins. If the land is decidedly reserved for BTO flats, there won't be any tender. The oversupply of BTO flats is not as bad as ECs. And it's a worse off condition to have...

The mess created by the PAP government under the rule of Lee Hsien Loong. ECs are no longer as attractive as 10-15 years ago. Once you flood the market with too many of something, it no longer becomes special. This has happened to Iskandar residential properties. Now it's happening to...

It's not all the time you can practice leveraging. Not if you buy a condo in Iskandar in the last few years. For example, the first movers in Medini can't even get decent rentals from their condos. There will be more condos completed in the next 1-2 years. More competition and higher prices...

Yes.......

How do you take out an 80% loan and AT THE SAME TIME put another 80% cash in a current account? Does it mean you loan from the bank RM640k, but at the same time, put another RM640k in a current account? Firstly, you will need that much cash to put in the current account. For a "poor chap"...

Haha... That RM800k or S$270k is my example. Why don't you think people can plunge that money on a Medini condo? Even you find it scary. I do too. People like Comfy here mentioned he had bought 2 Iskandar Residences condos! I'm not sure about him. Maybe he's rich enough to do that. I am...

Risky or not, buying properties in Cambodia? Now everyone say Can can can..... Like last time everyone rushed to buy Iskandar properties in Johor. Then news came out there's a huge oversupply coming up. No tenants, no future buyers in a foreign country.

My friend whose friend is an agent sent me this picture, taken just in front of 1 Medini. You can see how damn huge amount of land they have out there. Probably can build a few tens of thousands more condo units in the next 10-15 years to rival the present batch of condos.

Good move. At least they bought their properties much cheaper in 2010. But not sure if it's easy to find buyers now as the market is really bad. Cutting losses is an art and skill in investment. But some are still dreaming they will make money from their Iskandar properties in Medini. Say...

Which country got so high 7% inflation? In SG, it's less than 1% this year. This "inflation rate" thing is the most misunderstood one. For eg, the cunning property agents till today sometimes tell buyers: "Are you going to leave your money in the bank and earn only 1% interest? It can't even...

JOHOR BARU: Shopping malls and popular tourist destinations in Johor are beefing up security to ensure public safety in light of the recent Islamic State threats. A Johor Baru City Square shopping mall official, Joyce Lee, said the management had been training its staff to be more vigilant...

You don't buy a Johor condo for investment. You only buy when you need a place to stay. It's in the past few years where Sinkies don't know where to put their money that they turn to Johor thinking they can invest there. Small time buyers who went in to invest in condos like Country Garden...

No la... They buy for holiday home. So cheap. How to buy a condo in SG for only S$250k?

Very disturbing news: ISIS declares war on Malaysia and Indonesia http://news.asiaone.com/news/malaysia/declares-war-malaysia-and-indonesia

Those rules have always been close to me and serve as a guide. Why are people here so property crazy? Sure must buy a property, otherwise cannot brag to others you "own a property" somewhere? Why must force yourself to take unnecessary risks when there is nothing good to buy? And don't lie to...

Haha... Even poor Manhattan now also confused already. Lol Wise advice I got from investing masters and incorporated into my own: 1. There is a time for everything. 2. A = $1, B = $100. Better buy A because it is so much cheaper than B? WRONG. 3. If you can't find anything to buy, you...