• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Forest City

Guess they've to make sure that at least it lives up to expectations as this is the pilot project. Thei reputation depends on this
 
I would be very surprised if Country Garden does not default at some point in the next 5 years. Their CEO who is in the early 30s, is reckless to begin this project. By the way, do you trust a company who falsely advertise the development to be in Singapore?

If even the PRC are aware of the cons, I wonder who else would not have realised the deep shit they dig themselves into. Even S&P has lowered their debt rating to BB from BB+ in Mar this year.

But on a personal note, I am looking at making a loss of close to SGD$500,000 for buying a property in Iskandar... Yes, I am that bleak... I just don't see how I can find tenants and sell the condo given how abundant the supply is going to be...
 
xixxix said:
I would be very surprised if Country Garden does not default at some point in the next 5 years. Their CEO who is in the early 30s, is reckless to begin this project. By the way, do you trust a company who falsely advertise the development to be in Singapore?

If even the PRC are aware of the cons, I wonder who else would not have realised the deep shit they dig themselves into. Even S&P has lowered their debt rating to BB from BB+ in Mar this year.

But on a personal note, I am looking at making a loss of close to SGD$500,000 for buying a property in Iskandar... Yes, I am that bleak... I just don't see how I can find tenants and sell the condo given how abundant the supply is going to be...
Click to expand...

Wow....which project did you buy into, if you don't mind sharing?
 
xixxix said:
But on a personal note, I am looking at making a loss of close to SGD$500,000 for buying a property in Iskandar... Yes, I am that bleak... I just don't see how I can find tenants and sell the condo given how abundant the supply is going to be...
Click to expand...

You have already bought the condo at that price? That's a very high price for a condo in Iskandar.

In the worst case, is it possible for you to try to live there yourself?

I'm not sure if it makes sense. Such things are easy to say. But to do it may be another thing. Even for a weekend, 1 hr jam people are already complaining. To do this on a regular basis, it does get very tiring after a while.
 
mpan12 said:
You have already bought the condo at that price? That's a very high price for a condo in Iskandar.

In the worst case, is it possible for you to try to live there yourself?

I'm not sure if it makes sense. Such things are easy to say. But to do it may be another thing. Even for a weekend, 1 hr jam people are already complaining. To do this on a regular basis, it does get very tiring after a while.
Click to expand...

ASSUMING it is me with RM2m to spend on a condo, I would buy one very near to CIQ. I would skip the jams by taking a train across, or maybe even walk across the Causeway. Beat the jam, save time, more certain timing depending on how fast the walking pace, and get to exercise. Over at Singapore side, hop on to parked bike and ride to work. Riding a bike to work in Singapore means cutting time caught in peak hour jams too, especially on BKE and PIE. :D
 
Well I was right again, investing in Johor is really bleak, xixxix seems to be rich enough to take the hit, for me, I only have one life to live and cannot afford such mistakes.
 
Frodo said:
ASSUMING it is me with RM2m to spend on a condo, I would buy one very near to CIQ. I would skip the jams by taking a train across, or maybe even walk across the Causeway. Beat the jam, save time, more certain timing depending on how fast the walking pace, and get to exercise. Over at Singapore side, hop on to parked bike and ride to work. Riding a bike to work in Singapore means cutting time caught in peak hour jams too, especially on BKE and PIE. :D
Click to expand...
If it is just next to CIQ, no so bad la. No need to be so bleak. This one is surely better than those clustered concrete towers. Different owners, different affluence.
 
You must log in or register to reply here.

Similar threads

R
Why are Singkies like Sheep, Follow Blindy to Buy Higher Density Properties in Forest City & similar ?
Replies
12
Views
3K
blackmondy
blackmondy
syed putra
UMNO work hard to save china company while xi jinping kills them
Replies
0
Views
268
syed putra
syed putra
dirtywoman
South Sumatra declares alert status over forest, land fires
Replies
1
Views
406
syed putra
syed putra
dirtywoman
...a bit surprised to read this news about runbish bin in NYC...u mean they have had rubbish bins before this?
Replies
1
Views
694
rocket
rocket
dirtywoman
HDB Hub Toa Payoh Basement Carpark tiohueysio
Replies
2
Views
328
eatshitndie
eatshitndie
Back
Top