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  1. M

    Economic News

    Wah... if such big shopping malls are seeing fewer crowds and decreasing profits, I think those ulu ones like Mall of Medini will be worse in time to come. Strangely it is near to Legoland but for the past 3 times I went there, the place felt deserted. I don't know how the shops there survive.
  2. M

    Property News

    It's more like these sandwich class of buyers were misled by sweet-talking property agents back in 2013. Many went in to buy Johor properties thinking "Wah, so cheap!" They bought a S$300k condo at RM800-1000 psf, thinking Singapore's one cost S$1million, so Iskandar must be a good deal! What...
  3. M

    HSR and RTS Discussion

    Ok will go check Ringo33 out. Why? He thinks Jurong will flop? But most Singaporeans are restricted by the cooling measures. So they go to Iskandar side.
  4. M

    HSR and RTS Discussion

    Do you know anyone who bought those JB city condos, whether by Setia or other developers? Ask them to quickly offload their condos now? Ya, it's crazy man. I last heard they were sold at RM800psf? I think mainly Singaporeans bought. It's way overpriced. But I think the usual Singaporeans should...
  5. M

    Property News

    Haha... All these misleading headlines! Set to boomzzzzz, Set to rise after 2018, Set to make money when HSR is ready, set to this and that.... I've heard it all in those Malaysian property talks and articles where developers and marketers have a share in them. Until Malaysian banks or other...
  6. M

    HSR and RTS Discussion

    You're way way too optimistic bro. I'm not pouring cold water but sometimes we tend to get carried away and fantasize an almost orgasmic success about the HSR and RTS. Let's come back to reality. 1. They have already said 2026 is the projected time line for HSR completion. So it's not "in a...
  7. M

    HSR and RTS Discussion

    Eh...how you know? It was already announced Bukit Chagar, although they can change it. You keep attacking Setia's projects! :D
  8. M

    Economic News

    That's true. Even in Singapore, my colleague who lives in a landed house sometimes got to take emergency leave because his pipe burst, need to change rood tiles, roof leaking, weird insects crawling all over, etc. For those who treat the Johor house as a holiday home and visit it once a week...
  9. M

    Economic News

    Weird that they are blogging about a PRIVATE apt in Singapore and mentioned how long it will take to save money to buy one. Why not consider HDB flat? They bought a HH house, their liability is there. Properties in Johor are also more difficult to liquidate than SG. Renting in Johor will...
  10. M

    Economic News

    Hey chill... I've painted a picture as fair as it is. Those are facts. As for my colleagues' comments, they just feel weird on the reversal of roles. At the end, I'd say it's up to individual choice. If one finds it better to live in Johor, then please do go ahead. Singapore is definitely...
  11. M

    Economic News

    For this group, maybe it's workable and attractive. But only for selected few even if many others qualify. I did ask around casually. Many elderly/retirees are staying put in Singapore because they want to be close to their families (eg taking care of grandchildren), easy access to medical...
  12. M

    Economic News

    Uncertain times ahead indeed. The global economy is not doing well and this 1MDB saga will definitely put a ? to Malaysia's short term future. A case my 2 Malaysian Chinese colleagues put across to me some time back -- We Malaysians want to get out of the country for greener pastures. But you...
  13. M

    Economic News

    And Iskandar will be renamed as "Iskanwidjojo". Sorry bad joke. :D
  14. M

    Economic News

    Buckle up, guys! Are you ready for the roller coaster ride??? http://www.malaysiakini.com/news/349261 http://www.straitstimes.com/world/united-states/corrupt-officials-used-malaysia-state-fund-1mdb-as-private-bank-account-us The US was probably waiting for the HSR signing to go past...
  15. M

    Economic News

    Why you call US the trouble-maker? If you are a Malaysian, you should be pointing finger at Mr Najib instead. He is the real culprit! US has every right to prevent their US$ from being laundered around in US. The seized money will be returned to Malaysia, by the way. It's the tax money you...
  16. M

    Economic News

    Oh I see... Wow, powerful US law indeed! If no satisfactory explanation can be given, I wonder if the money will be forfeited forever. Wouldn't that put Malaysia in deep financial trouble? RM might drop even further! But I have a feeling Najib will somehow escape from blame or prosecution...
  17. M

    Economic News

    Wow... US$3.5 billion is a huge amount. I thought it was in RM which is already a lot. Hard to believe.... seems so unreal. He just shook hands with PM Lee on the HSR! (Read the article again. Najib is not named in the lawsuit. HE IS SAFE!)
  18. M

    Economic News

    Feels very weird. Just yesterday, travellers to Johor/KL and those with vested interests in Malaysian properties were clapping and cheering at the HSR MOU between PM Lee and Najib. Now this Wall St news came out almost suddenly to say a HUGE $1billion is seized by US Fed prosecutors. - Will...
  19. M

    Property News

    Regardless of the situation, the problem has to be considered in its entirety. Whatever happens to one development will still have an impact on another. For eg, foreigners may not think twice to buy units in Forest City because to them, the prices are still a lot lower than what they can find...
  20. M

    Property News

    Similar story in Iskandar also, but in a more serious situation. More oversupply but lack critical mass. Forest City alone can trash all other developments in terms of numbers!
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