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  1. M

    Medini (Nusajaya) Community

    A loss is still a loss. Some of those who bought Iskandar condos in 2013 thinking of "investing" may lose say S$200k if there are no tenants or demand in future. This may be relatively small compared to those who lose S$2 million or more selling their high-end properties in SG now. But in...
  2. M

    Medini (Nusajaya) Community

    Can understand if they hold it in JB like City Sq to attract the crowd. But Mall of Medini is rather deserted and quiet. Got people go there meh? Maybe visitors who happen to be visiting Legoland. The article mentioned Medini as the CBD of Iskandar Puteri. I'm still a bit puzzled about the term...
  3. M

    Economic News

    Sarcasm!! Johor not expensive. Why should be number 1?
  4. M

    Economic News

    Yup. But even for angmoh or expats, they don't need to drive a car or stay in a swanky condo in town. It's because they expect to enjoy these benefits that they feel SG is so expensive.
  5. M

    Economic News

    Yah. But New York is also not cheap man. The properties there, especially in downtown areas, only tycoons can buy. Subway fares are more expensive than SG's MRT. And the stations are smelly with pee. Trains are old too. So I don't believe the survey's findings.
  6. M

    Economic News

    Another misleading article to sensationalize the news. What criteria are they using? Usually it's the cost of a car and private property. Being a small city state, naturally these will be expensive. For most purposes, a car is not necessary due to the excellent transport connectivity and...
  7. M

    JB/SG Crimewatch

    Dumb? In what sense? It's not so much whether dumb or not in this discussion, but the probability of someone coming over, grab the car, and drive off with the kid inside. AFAIK, it has not happened before in SG in the last few decades. Of course, if the parent leaves the car running, a...
  8. M

    Chitchat Did LHL Getting Ill Unify Singaporeans?

    When the SG govt decides to use HDB flats as a profit-making tool, you already know they are screwing with the commoners' lives here. Look at Pinnacle@Duxton. Looks nice? Unique? But it's only HDB flats. Yet many units already cost S$900k to over a million $. Why? Cos it is an iconic project...
  9. M

    Serious Over 20% of Condo Owners Suffer Paper Loss! WTF!!!

    Yes.... This rubbish and cunning advice started from Kelvin Fong from PropNex. It's an evil way to get his team of desperate agents jobs. Basically, they will tell owners now is the right time to sell their HDB flats because prices will start to drop. (Really? There are still many flats today...
  10. M

    JB/SG Crimewatch

    Not proven but I have a feeling if you do this in Singapore, the car should still be intact. Depends where also lah and at what time. If there is someone inside while the engine is running, it's even safer.
  11. M

    JB/SG Crimewatch

    Haha... most streets. Done that many times. I also carry expensive cameras around late into the night without fear. Won't do this in some other countries, not just JB. Many first world countries are usually safe. But I would still be careful about where I am walking.
  12. M

    Astaka community

    Re: Astaka Padu Sdn Bhd is going to be listed in Singapore???? I've visited Puteri Harbour on weekends. More people than on weekdays but still not crowded. During the school holidays you'll see more people. It's a very "seasonal" place. It's a nice place to just hang out for a drink when...
  13. M

    JB/SG Crimewatch

    He is Singaporean. Simple things like this that it is easy for us to take for granted. That's how safe Singapore is. This point is truly appreciated by not just Singaporeans but all residents and visitors to Singapore. I could walk alone in the street at 1am with my laptop and phone fully...
  14. M

    Iskandar Residences @ Medini

    Good point. At 580k, it means you are selling it at 481psf. To be comfortable, I assume the original price was lower than that. So price is also important. At least there are amenities around your condo. I thought it's not bad but there are comments that stated Impiana is not in a good location...
  15. M

    Economic News

    This is the 2nd time I am saying this: I am not paid to give you investment advice. Do you fall into the "lazy" group I was referring to? I think I just hit a raw nerve inside you. So I assume you must be one of those who blindly bought Iskandar condos. Read my previous post carefully. I...
  16. M

    Iskandar Residences @ Medini

    But in this case, the shops are mostly empty. So they are not sold yet. I was wondering if the developer will be losing money as long as the situation remains like that. I suppose they would have made a tidy sum from the condo units they had managed to sell in this mixed development project in...
  17. M

    Iskandar Residences @ Medini

    Do the developers make losses on all these empty shops and condos? My guess is, they have already earned in excess of all the over-priced condo units they sold to unsuspecting buyers. Otherwise, how to survive?
  18. M

    Economic News

    It is largely out of ignorance or laziness rather than "I don't want to". So they tell themselves, Why worry so much? Just relax, enjoy and YOLO all the way. But even those who have some knowledge about investment, they could get it wrong too, either out of misjudgment or greed. Those who...
  19. M

    Iskandar Residences @ Medini

    A point of discussion I raised in the past.... Some misleading reports, sales people marketing Iskandar properties or inexperienced investors misinterpreted the expensive condos sold in 2013 as a positive sign that prices have escalated within only a few years: RM300psf (normal condo prices in...
  20. M

    Property News

    Take all these reports with a pinch of salt. Last time they said Singapore's economy will be slow. But recent reports have seen higher growth in the last quarter for many sectors compared to previous quarters. The economists and politicians are basically greedy people. Even at 1-2% growth in...
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