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  1. M

    Property News

    Who will sell to you for a ridiculous RM300psf only? What's the market price now? RM1300psf? Try asking for a more reasonable RM1000psf. You might get more responses from those really desperate to sell. I think now is not the time where the general buyers are desperate yet. You need to wait...
  2. M

    Property News

    Your point of view makes a lot of sense. It's what any sensible investor, property analyst and financial adviser will say. I think after more than a year of "ding-donging" between Invest and Not to Invest in Iskandar, you can deduce by now many here are not investors. They are buying the...
  3. M

    HSR and RTS Discussion

    Not that I know of. Anyway, I was commenting in relation to those points listed in my previous post. To reiterate here, for example, Malaysia had an aim to be First World by 2020. It was announced several years ago. I was quite surprised by that ambitious move but gave it the benefit of the...
  4. M

    HSR and RTS Discussion

    The Malaysian authorities know deep down how they want to develop Johor. Things can be improved. Malaysia wants to be a 1st world country. Johor will be second vibrant city and a financial hub just after KL. RTS will provide easy connectivity between SG and JB. Medini will be a smart city...
  5. M

    Astaka community

    I've never believed "weekend stay" or "holiday homes" will work out for long. Even so, how can there be "snowballing effects" if those condo units are visited only occasionally or in the weekends by foreign owners? You must have a constant stream of condo dwellers there for the whole place to...
  6. M

    Property News

    You bought land instead of a property itself? How come lost money despite holding for some time? Could you have made back the money if you had held on much longer?
  7. M

    Property News

    I'm trying to show that there are lots and lots of people happy to live in Singapore. It's not the location or event per se, i.e. National Stadium or National Day. There are people who are living in HDB flats and are happy. Feeling happy does not rely on the amount of wealth you have, the size...
  8. M

    Property News

    It's not rut lah. One man's meat is another man's poison, like I said. It's all based on individual's perception. As long as you're happy with it, go for it. National Day just passed and I was near the stadium. There were so many happy faces coming out of it at the end. If you watched the...
  9. M

    Astaka community

    This can't possibly be the worst yet. There are so many units still under construction. The bubble only bursts when we see people abandoning their properties or start slashing their prices. All those Iskandar condos still being built now have yet to see the light. Once owners receive keys...
  10. M

    Property News

    Ya... very very weird or illogical thinking for some of these people. But I respect those decisions. One man's meat is another man's poison, as they say. Psychologically, I think some are angry with the SG government indirectly. They keep complaining why are housing so expensive nowadays. Or...
  11. M

    Property News

    You no money still want to buy another condo? :) The quoted S$116k is based on the previous example of the person having bought the JB condo for "investment". I'm just showing how better the money could have been spent. I reiterate, as usual, Cheap does not mean it's good. Cheap to...
  12. M

    Property News

    Firstly, the owner got to ask if he has a need for a car in Singapore or not. If don't need what for he forces himself to buy it? But that doesn't mean he should blindly plonk his money on a Johor studio apartment that becomes a liability to him. In investment, cheap does not necessarily mean...
  13. M

    Property News

    Depends on how one looks at it. If for myself, where I am very cautious about buying Johor properties as a foreigner for investment, I won't take the risk. My simple calculation is as follows: RM350k / RM1100 = 318 months or 26.5 years to recoup the full investment! That's too long a time...
  14. M

    Property News

    Not bad by Singapore's standard. In SG, that's already bigger than many recently launched tiny 1-bedroom condos.
  15. M

    Property News

    Yes...so contrary to false belief by some, property investing is not "sure make money" even in the long run. Also, location isn't everything! Sometimes, even the rich have to suffer massive losses. You never know when you need the money for other purposes. And there are opportunity costs for...
  16. M

    Property News

    That's only S$366 per month! Why not? As a tenant, I will say THANK YOU VERY MUCH to the landlord! But RM1000 will be better. :) How big is it by the way?
  17. M

    Property News

    Yes, I know your point. But it's not true for all that it does not matter if the property bought loses 50% in value. I also see your point that property is something brick and mortar--can see and touch. But for investors who purely want to make money from it, it goes beyond just that...
  18. M

    Property News

    Haha... I like that description: "All try to run to Johor but many jump from frying pan into the fire." Very well-said. Some are still not feeling it because they have yet to pay their bank loans, or the full-blown effect is not felt yet. They are still in mid-air parachuting down to...
  19. M

    Property News

    I can't agree with the last sentence. It's true only if you are NOT buying for investment and you have the wealth. Maybe you're referring to yourself? :) Property is something not so easy to liquidate, all the more so for foreigners who dabble in Johor properties. The last thing investors or...
  20. M

    Property News

    How bad are the racist policies? For property investment, should generally be safe in Malaysia?
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