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Malaysia's central bank warns of property glut Bank Negara Malaysia (BNM) warned on Friday (Nov 17) that : * Unsold residential properties are at their highest level in a decade, with the largest oversupply found in southern Johor state. * there were 130,690 unsold units at the end of March...

What exactly is this "Bus rapid Transit or BRT" thingy all about? Not even a tiny bit of detail, nothing. Whatever the govt. announced but showed very little details, it actually means very little or worse, nothing. Just like that PR1MA housing program announced during the Budget 2013. It...

MY had already installed the new VEP gentry barriers at the exit points in the JB CIQ, immediately after immigration clearance. Testing equipment now so will probably implement very soon. But then, how come the gentries were installed at the exit points and not at the entry points?

Finally, days of free parking in the suburb is over now. MPJBT has already put up paid parking signboards all over JB to remind motorists that parking charges on marked lots are already implemented. Unlike in SG where the parking coupons are easily available in all petrol kiosks, 7elevens, etc...

Cheap or expensive is relative. There are many factors affecting the property price, even same type of unit within the same neighborhood, prices varies. Location is main factor, then the neighborhood's security, the amenities around, the roads leading in and out of the estate, etc..... What...

You're right, they die die wanted to have 3 bedrooms but just unable to be creative in their design so ending up with 1 bedroom's windows opening into the kitchen, and worse, the wet kitchen with all the cooking fumes and smell! This is found in D'Secret Garden, again by KSL! They must have...

The obvious question shall be how deep are the investors pockets and how much longer can they tahan when their properties are generating a negative yield. Those people with shallower pockets are renting out the shop units as carwash, makeshift lelong lelong shops and upper floors as workers...

Unfortunately, many investors don't know how to read floor plans. Another example of a non practical floor plan in D'Inspire in Nusa Bestari by KSL where the bedroom window opens to the kitchen!

On the flip side it also means those who had invested in the shop units will be forced to accept much lower rent. Look around you can see hundreds of newly completed shop houses left vacant for 2,3 years now. Really a bad time for the investors. Whatever it is, with addition of so many new...

Its indeed terrible! Bathroom 1 is totally enclosed so should be fitted with electrical exhaust fans but the tenants need to pray very hard the fans don't breakdown. Even with electrical exhaust fan, it has to be turned on for a long time to disperse toilet smell and steam and dampness from hot...

Everybody is overjoyed knowing that there will be about 10 more mega shopping malls opening in JB very soon. That's the good news. With so many new malls opening together so soon means that the malls will be trying very hard to find tenants to fill up the malls. They will need a dozen or...

Yes, the second bedroom don't have any windows at all. Wonder how the developer can even obtain planning approval from the authorities for such stupid and non practical layout. Apparently, this is not the only case, another KSL condo in Nusa Bestari has the same situation. Most of the...

Imaging the smart Malaysians who kept their $$$ in SG, if he had kept RM1,00,000 in SG 3 years ago, he'll be taking back at least RM 1,200,000 now! But some dumb Singaporean who opened fixed deposit acct in MY are instead losing money.

Because of the weakening RM, many Malaysians are dumping RM for other foreign currency, especially for SG$.

Haha, all these are part and parcel of living in JB, so in the meantime, learn to enjoy all the sight and sound and smell........... it'll stay for a very long time.

Johor Sultan expresses serious reservations over Rapid Transit System Link design and proposed bridge Seems like it's back to the drawing board for the proposed RTS from Woodlands to JB. And its not only just on the overall design and alignment of the RTS but also the joint venture agreement...

$100 Billion Forest City Looks Beyond Spooked Chinese Buyers Country Garden Holdings Co. said it’s looking to attract customers from countries such as Thailand and Vietnam as some Chinese buyers hit by capital controls have pulled back from the $100 billion Forest City project in southern...

10,000 pax per hour equals to about 166 pax per minute! Currently, a pack train can carry only about 900 passengers so it'll means that the train intervals has to be under 5 mins. Then there is the immigration clearance problems. Imagine every minute, the immigration counters has to clear about...

1MDB Misses $603 Million Payment to Abu Dhabi Sovereign Wealth Fund According to some: "That’s definitely a negative for the ringgit at some point," "We have to wait and see how it develops. If people don’t make an arbitration payment they’ve agreed to, it doesn’t say something positive...

Actually there is nothing much to be happy about for now as the bilateral agreement is only "expected to be signed in December". Quite sure SG will not commit anything financial obligation that is legally binding until after the General Election in MY. Before that, all these preliminaries, MOU...