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The capital control enforcement by the Chinese government a year ago is taking its toll particularly on the JB property market The last BMN report that there are still 40,000 unsold units in JB alone is the result. Big groups of Chinese buyers are not coming in any more. Developers are not...

Wow, that's going to a very hefty compensation bill to 2 large shopping malls for loss of business and damage to perishables. Hopefully the responsible parties are aware what actually happened, rectify it and don't let it happen again.

By mid-year, we'll probably see the completion of the 2 major condo development by Chinese developers, the Country Garden @ Danga bay and the Princess Cove. Together, this 2 developments already has more than 10,000 units, not including those within the city area. Imagine the number of units...

The HSR line on the Malaysian side, from JB to KL is about 350km long and runs through 6 major towns. The problem is until now, the actual full rail alignment is still not announced to the public. Recently, some residents were rudely surprised to discovered that their homes may be acquired for...

Haha, that's very positive thinking but not workable in a residential estate tucked away in some far corner in JB. As a resident, when you walk around within the condo especially in the evening, it'll be eerily quiet with little signs of life. The AirBnB taking up rate don't seems to be good at...

Shouldn't you be seeking your lawyer's advice on all your SPA matters? They should be the one doing all the letter writing and taking any necessary action on your behalf! The lawyers were paid good money to look after their client's interest.

Impiana has 488 units and according to Property Guru, there are 143 units available for sale and 205 units for rent. So, the occupancy now should be less than 30%! And with the current situation, it'll probably be like this for a long time to come with even more units for resale if rental market...

Many flippers and small time investors, especially those without much resources, can't hold on any longer without tenants or offer for their units will be getting desperate. As for developers, they can sell their units at any price but the crucial point is - are the units moving and how long can...

In JB, there are a few property management company offering jaga service. The property management committee will pick one on annual contract basis by invitation usually based on the cheapest. The committee is also responsible to hire the pools and lift maintenance, gardeners, etc, cleaning...

To reply your question : Weekdays - Free VEP for MY cars after 5pm till 2am only (9 hrs) Weekends and holidays - Free entry Weekdays must leave before 2am otherwise pay the day's charge. If enter on Friday after 5pm, can leave by Monday 2am, free. If, say Tue a holiday, enter on Monday after 5pm...

Can't believe it! The Aeon Bukit Indah was totally closed on Thursday, all shops inside including cinemas, restaurants, shops supermarket, etc. Then yesterday, the newly opened Paradigm on Skudai Road was also totally closed for business. Some said was due to power failure but affecting the...

At first, my rough estimation for developers' unsold residential to be around 8 to 10,000. The problem is all developers in JB do not report the actual sales results, always giving the impression that their project is selling like hot cakes. Some probably even gave false numbers to the media to...

Besides the proposed HSR thingy, years back many people had said many things, all suggesting a glamorous and bustling JB in near future. Examples like : "The development of Pengerang Integrated Petroleum Complex (PIPC) will bring in a few hundred thousands of workers who will be needing...

You must be joking. The 2 PUB desalination plant in SG, which are among the biggest in the world, Singspring and Tuaspring, can only managed churn out about 400,000m3 per day. According to the report, FC needs about 600,000m3 per day in due time so even if they build 2 similar size desalination...

Forest City is a joint venture between Country Garden (60%) and Esplanade Danga 88 (40%), and associate company of Kumpulan Prasarana Rakyat Johor (KPRJ) which is wholly owned by the Johor State. When such an issue involving the public's interest and their company's P/L arises, this is going to...

Many of the half-baked self proclaimed gurus are all in hiding now. The property glut in JB is so serious that the State government is now frantically working on some solution to solve this mega problem actually created by them. Read this ...

As part of the total development of the Forest City, the developer was supposed to build this to cater for the residential and commercial usage as part of the Master Plan. But problems now is the developer is unable to sell all the units they are building and possible stalling future...

This water supply "crisis" is purely a political problem which can be resolved easily behind doors. It's all about clever bargaining, benefits and ultimately who gets what. However, the facts remain, supporting infrastructure improvement in JB is moving way behind the pace of overall...

Look out for the fire sales, which should be happening anytime now! As reported by Bank Negara Malaysia, there are 130,690 unsold units in the market with 27% coming from Johor, which is almost 40,000 units. And these are just the unsold units from developers, not including perhaps twice as...

Basically, there will be 2 major tenders to be called, one for the civil infrastructure which includes the rail line and the various stations within Malaysia. There other tender will be for the systems and the trains. Both tenders are expected to be completed next year but again, with no...