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  1. N

    The investment thread (Finally)

    For those of you who has spare cash, you might want to consider buying Gold Bars as a long term investment. You dont need a lot of cash to collect 1 Oz of Gold bar at USD 1670. Imagine, if you only collect 1 Oz every year and put it away as savings...... Cheers N
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    Horizon Hills community.

    If can rent for RM 10k per month, the house will worth more than RM 2 mil already. This is purely from return point of view. For any landed property, I will consider 5% return a reasonable yield, 6% a good buy, 7% better double check (something wrong with the person or the house!).
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    Living in JB 3 (Johore)

    My two cents worth: Most Malaysian are still not aware of the development (in terms of progress) at Iskandar let alone Nusajaya. They dont know what it entails to and most would think of it as another Economic Corridor (commercial/industrial development). They probably heard and read about it...
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    Living in JB 3 (Johore)

    Same findings. Been to a couple of developments in KL two weeks ago, their Super Link (26x85) 3 storey was going for RM 1.8 mil min. Another development by SP Setia with more or less the same dimensions was also also going for the same price. Mind you, these are link houses with bigger build up...
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    East Ledang/ Ledang Heights/ Ujana/ Impiana community.

    Thanks for cleaning up. It was heap of rubbish!
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    East Ledang/ Ledang Heights/ Ujana/ Impiana community.

    Hi Hondacrv, Yes and No. The way the bankers approach the application for such loan is firstly, they will approve your loan for land purchase (say 90%). Then, you will be required to submit your building plan within two years for the banker evaluation on your building costs (this is where it...
  7. N

    East Ledang/ Ledang Heights/ Ujana/ Impiana community.

    Hi Dragonlance, Even though you cant get 1 acre for RM 1 mil at LF anymore but you can still get a reasonable size land for that sum of $. I am afraid not too distant in the future, you can't even afford a reasonable piece of land for RM 1 mil IMHO. Possibly only a reasonable terrace house at...
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    East Ledang/ Ledang Heights/ Ujana/ Impiana community.

    Hi Dragonlance, That is correct. You will have to specify that this is purely for your own residential use otherwise not only the amount of financing reduced but you will also get slapped with commercial interest rate (maybe BLR + 1%). The bank will normally stipulate that you have to build it...
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    East Ledang/ Ledang Heights/ Ujana/ Impiana community.

    Hi Hondacrv, Yes, your illustration is correct. However, the amount (60% or 90%) you can get from a bank varies quite substantially depending on their risk appetite. The banks used to be very very conservative (say 5 years ago) where you can only get 60% max loan for land purchase (BLR - 1%)...
  10. N

    East Ledang/ Ledang Heights/ Ujana/ Impiana community.

    Hi Hillside, Yes, there is a standard clause that says within 2 years from date of purchase. However, I haven't seen the developer taking a hard stand on this clause yet. Hence, most are still not in a hurry to build. Cheers, N
  11. N

    East Ledang/ Ledang Heights/ Ujana/ Impiana community.

    Hi etmusic, Welcome to LH! I am also an owner at LH. PM me if I can be of help or assist in anyway. The other owner is Iskandar Rocks' friend whom also recently bought a plot at LH. Cheers, N
  12. N

    Living in JB 2 (Johore)

    Dear Newbie2012, I have to correct your misconception that everything in Nusajaya seems to be waiting for Singaporeans before it gets successful. You are absolutely wrong. Sorry to say that you have projected a view which is rather naive and I was very glad that Bro Investor shared his...
  13. N

    Leisure Farm Community

    Hi Sanur, That will be greatly appreciated.
  14. N

    Leisure Farm Community

    Not yet lah. As a matter of fact, LF was my very first property in Iskandar but I had to withdraw after hearing no news about the access road. I am still waiting for the word on the access. Cheers N
  15. N

    Living in JB 2 (Johore)

    Re: Agents' commission Dear Penpen, Welcome to the Forum. Agree with Jasonjst's comments. Personally, I believe LF is one of the best development around Iskandar minus the lousy access. Incidentally, I also happens to like Bayou Creek development. The only person that can answer your...
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    Newbie questions

    Invest Malaysia Found this recent presentation slides by UEM Land to be very informative especially for those who wants to get a quick glimpse on the current developments and also future plans by them. Must admit, they deserved all the accolades achieved to date with a pretty massive and...
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    New developments to share

    Re: Living in JB 2 (Johore) I am not too sure about living next to the airport.......
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    Living in JB 2 (Johore)

    Wow! I cant help but to response..... My sincere advise is, not to listen to the naysayers about G&G. It is like someone telling you that the prison is actually safer! And you need statistics to proof that or the other way around?? No offense to those who are currrently staying in a non G&G...
  19. N

    Living in JB 2 (Johore)

    I made a comparison with Klang Valley properties within a radius of 30-40 km from KL CBD. I must firstly qualify to say that I am no expert but based on my humble and little knowledge that I have gathered, for sharing. Klang Valley Terrace intermediate: RM 500 - 600k (22x75) Semi D...
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    Leisure Farm Community

    Got it Sufeiya. Thank you very much for the information. Leisure Farm should be paying you commission....:) Cheers N
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