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Yup I wonder too. The last time I went to Gleneagles Medini, it was very empty. Like no business and can close down any time soon. I don't know how they can survive running such a big medical institution with so few patients. All those new hotels sprouting out will add more difficulty for...

Some buyers have told me: "You don't seem to understand. HSR is coming. So many companies are going into Iskandar. How can my property not do well next time? Medini will BOOM!" There are many misconceptions. Just consider these: 1. Johor is big. Land is everywhere. If you go around Medini...

Yup, agree! I think some like xebay11 and snowbird have already reiterated their similar views on this. If I were in the same situation, as an investor, I have to be very strict in my objective. It's to make money. Nothing else. I cannot be swayed. Emotions will disrupt my aim. So since I...

Many Malaysian banks have also made borrowing a lot stricter for Iskandar properties. I throw back the same question: Does it mean Iskandar properties will drop in value? As far as UK properties are concerned, the rich are eyeing with eagle eyes. If you need to gloat at buyers of UK...

Yup. The worst is to read all these articles written by Malaysian press which has links or some relation to the property market. Same goes to those Malaysian property talks. In today's climate, whoever keeps drilling that Iskandar properties have bright prospects are likely linked to property...

How to let China handle HSR like dat??? Tsk tsk.... By the way, I've always thought MRT trains were made in Japan? Now even SMRT also want to cut costs? Singapore News 35 SMRT trains recalled by China manufacturer due to defects A Chinese manufacturer is secretly recalling 35 SMRT trains...

Yes, Medini prices have already factored in the capital appreciation for the next 15-20 years. And by then, the condos will be so old it's questionable if there are still people who want them. All these condos are for foreigners to play with. Local Malaysians won't touch them. RM200-400 psf...

Probably desperate sellers. But not yet desperate enough! At RM520-572 psf, they are still selling slightly higher than the prices they bought. No takers. Imagine those who came in later and bought closer to RM800 psf. How to compete with those earlier buyers who already can't re-sell...

Yes, most condos of today in SG are overrated. Till today, I can't understand why those who move from HDB flats to condos are often reported in the papers as "upgraders". To me, it's actually a downgrade if you think carefully enough. In addition to being crowded, many residents don't really...

Whoa... Getting personal huh? I pity you. You're the idiot one and yet you don't know? But wait first. Let's clarify. Are you buying for your own use, to enjoy, maybe bring some JB gals to your 2 condos to have fun? If so, sure, it's your money. You can do what you want with it. Main thing is...

If you have too much cash and don't know where else to dump your money (in other words, you can afford it don't need to see the money come back to you), that's fine. Actually, you can also buy a $100,000 diamond studded Rolex watch, nobody can say you are crazy or silly. Cos you got the...

You are resourceful to dig out this video! Those residents bought their condo in 2001. So I think back then, it should be dirt cheap anyway? It seems like the condo where the residents are staying in is not well completed either. Looks more like a kampung apartment than a condo. The swimming...

I find the term "luxury" is over-rated when used to describe Johor condos. It's called luxurious only because they are unaffordable to the normal Malaysians. These condos are targeted at foreigners. The overall package is so-so only. To me, luxurious is when they give expensive floor/wall...

If anything goes in Malaysia,most times, I'd say it's not for the better, especially if you're a foreigner.

Actually, I can understand these investors' mentality. Investing in Johor properties was very tempting when the Singapore market was shut in their faces back in 2013. It's not just in the old JB. Foreigners like Singaporeans were rushing in from the eastern to western parts of Iskandar to snap...

It takes courage and wisdom to identify what is a bad investment, cut loss and move on. If it's purely for investment, then the longer one holds, the worse it may get. Holding power makes sense only if the investment is in something that has potential to turn around. One has to make an...

Need to find serious common Malaysian buyers willing to buy over. So if owners paid RM500k for their condos, I would think they need to reduce price to RM300k or below. That's at least RM200k loss and only if they are lucky enough to find buyers.

I don't think the investors have limited holding power or financial resources. If so, they would have slashed their prices by a lot more. Instead, we are seeing higher selling prices than they bought during launch. Maybe most owners are just trying their luck. If they don't sell and since...

Spot on! Likely gonna be worse in the years to come.

There are many pictures circulating around the internet on its construction progress. Yup. It's ridiculous. But if you think about it, 9,000 crazy units built around one another. It has to be sardine-packed. Don't worry about the jam. My guess is it will be a ghost town. Who buys these lego...