Living in JB 2 (Johore)

[DREAMorACTION]

Wa .. Like that also can? Slipped tat in whenever u have opportunity haha

Don't u turn. Singaporean don't take u-turn.. Take the Kota tinggi exit.

 

[Funds Transfer]

He is not giving good financial advice. Everyone knows the most financially sound thing to do now is buy the biggest HDB your bank can lend you and rent out the extra rooms.

Well, cannot expect much from someone who is cheering about the fact that he paid $8 for his bypass when his job is to ensure that every Singaporean should be getting the same treatment.

 

[LeMans2011]

Heehee i will like to offer my 3 cents. I think almost all of us here are in the same boat and share common views in terms of working in Singapore, living in MY.
I feel that it is unnecessary to start going into whether one is PR or Singaporean, really. Either way we are affected by the madness in Singapore.

The Singaporean could start telling the PRs "damn, you are one of those milking our system", whereas the PRs could start telling the Singaporean "show some respect, you are guest in my country"... now... these get all too sensitive. The PR might have been in Singapore all his life, it is not his fault that he is not required to serve NS, it is not his fault he does not convert to Singapore citizenship. The Singaporean who invests his life saving in JB and chose it as his home likewise expect decent service from the local government and hs the right to criticise if he is getting shitty service.

So... let's not be too easily offended... relax... take it easy... enjoy you stay here

 

[arsenal]

Me too.. Never make money from HDB. Last time apply HDB need to wait for 8 years.. By the time I am asked to take key, I have already purchased resales at peak price.

This topic will make ah tiong and me very angry ... We cant even touch it!

 

[arsenal]

Wa .. Like that also can? Slipped tat in whenever u have opportunity haha

My BBF.. You seemed to be the only in the forum here, that really know me well..

 

[DREAMorACTION]

U r a good mediator. It's ok to vent but there is no end to it. I just look forward to build my future ...

I add 2 cents to make yours 5 cents hehe

Heehee i will like to offer my 3 cents. I think almost all of us here are in the same boat and share common views in terms of working in Singapore, living in MY.
I feel that it is unnecessary to start going into whether one is PR or Singaporean, really. Either way we are affected by the madness in Singapore.

The Singaporean could start telling the PRs "damn, you are one of those milking our system", whereas the PRs could start telling the Singaporean "show some respect, you are guest in my country"... now... these get all too sensitive. The PR might have been in Singapore all his life, it is not his fault that he is not required to serve NS, it is not his fault he does not convert to Singapore citizenship. The Singaporean who invests his life saving in JB and chose it as his home likewise expect decent service from the local government and hs the right to criticise if he is getting shitty service.

So... let's not be too easily offended... relax... take it easy... enjoy you stay here

 

[Funds Transfer]

I believe the directive for UOB to introduce their 50-year loan is to bank on future en-bloc sales of new developments. As we all know in Singapore, not many development will last more than 50 years and hence, the property you buy today would most likely to be "en-bloc" before the 50-year loan is up. And taking into consideration that one will sure to gain from such an arrangement, therefore, it does make some sense to take up their 50-year loan.

In other words, UOB is smart because they are passing the work (and probably some risks) to their customers whilst they need only to play the role as lenders. At the end of the day, the banks are the ones to reap the most out of the least work done and with minimal risks.

The name of the game is to extend the lifespan of speculation rather than the mortgage tenor.

All of us know that the average age of a mortgage is usually less than 10 years. More due to the refinancing opportunities that have presented itself. The aim is not for the borrower to be paying over 50 years.

Many of the investors have a shorter horizon which is worrying. Because the average LTV is 60% or less, most would have their spare cash consumed. The stretched mortgage meant a lower monthly installment which could enhance one's holding power beyond 2 or 3 years; just to avoid the additional stamp duties.

 

[DREAMorACTION]

Did it really take u tat longgggg to realize tat!

My BBF.. You seemed to be the only in the forum here, that really know me well..

 

[Lord Aragorn]

Don't u turn. Singaporean don't take u-turn.. Take the Kota tinggi exit.

Thanks, DoA & arsenal

 

[battleangel]

Heehee i will like to offer my 3 cents. I think almost all of us here are in the same boat and share common views in terms of working in Singapore, living in MY.
I feel that it is unnecessary to start going into whether one is PR or Singaporean, really. Either way we are affected by the madness in Singapore.

The Singaporean could start telling the PRs "damn, you are one of those milking our system", whereas the PRs could start telling the Singaporean "show some respect, you are guest in my country"... now... these get all too sensitive. The PR might have been in Singapore all his life, it is not his fault that he is not required to serve NS, it is not his fault he does not convert to Singapore citizenship. The Singaporean who invests his life saving in JB and chose it as his home likewise expect decent service from the local government and hs the right to criticise if he is getting shitty service.

So... let's not be too easily offended... relax... take it easy... enjoy you stay here

Honestly, I don't mind to give up my citizenship if SG government doing better in protecting their citizens. I need some security because I will never be able to get back my Malaysia citizenship if I ever give it up.

 

[arsenal]

On the 9th of August, I will travel to Nusajaya and watch firework from there.. National day just remind us that on the 9th of august 1965, we separated from malalysia with tears dropping from the side..

Heehee i will like to offer my 3 cents. I think almost all of us here are in the same boat and share common views in terms of working in Singapore, living in MY.
I feel that it is unnecessary to start going into whether one is PR or Singaporean, really. Either way we are affected by the madness in Singapore.

The Singaporean could start telling the PRs "damn, you are one of those milking our system", whereas the PRs could start telling the Singaporean "show some respect, you are guest in my country"... now... these get all too sensitive. The PR might have been in Singapore all his life, it is not his fault that he is not required to serve NS, it is not his fault he does not convert to Singapore citizenship. The Singaporean who invests his life saving in JB and chose it as his home likewise expect decent service from the local government and hs the right to criticise if he is getting shitty service.

So... let's not be too easily offended... relax... take it easy... enjoy you stay here

 

[arsenal]

Did it really take u tat longgggg to realize tat!

Yes.. My Best Boy Friend.. Next time will give you a kiss..

 

[DREAMorACTION]

U r officially a singjopohorean. Do u have a flag?

On the 9th of August, I will travel to Nusajaya and watch firework from there.. National day just remind us that on the 9th of august 1965, we separated from malalysia with tears dropping from the side..

 

[DREAMorACTION]

My lord ... Behave urself!

Yes.. My Best Boy Friend.. Next time will give you a kiss..

 

[DREAMorACTION]

Agree with that. Interests won't stay low forever n when it goes up, at least e longer tenure can cushion some impact on the increase

The name of the game is to extend the lifespan of speculation rather than the mortgage tenor.

All of us know that the average age of a mortgage is usually less than 10 years. More due to the refinancing opportunities that have presented itself. The aim is not for the borrower to be paying over 50 years.

Many of the investors have a shorter horizon which is worrying. Because the average LTV is 60% or less, most would have their spare cash consumed. The stretched mortgage meant a lower monthly installment which could enhance one's holding power beyond 2 or 3 years; just to avoid the additional stamp duties.

 

[Newbie2012]

Temasek and Khazanah's Wellness Township in Medini is expected to be launched early next year.

The residential side would comprise 96 bungalows, 68 semi-detached homes, 445 terrace houses, 1,415 condominium units and one block of serviced apartments.
Some 18 acres have been earmarked for commercial property.

On its target customers, Chan explained that they would be locals and foreigners above 40 years of age and from the middle-income group.
(Just like the RM1 mil terraces discussed earlier, the developer's targeted customers for such higher-end properties are the middle-income group, not the average workers. Thus it is wrong to say that RM1 mil terraces cannot sustain because the average Malaysian workers cannot afford even with EPF).

http://www.starproperty.my/PropertyScene/TheStarOnlineHighlightBox/18827/0/0

You got the developer's report card on hand before their targeted customers vested in their project. You certainly have a great edge with you in investing than the rest of the investors.

I would think that wellness township targeting for those over 40 years old would be very different from the normal landed terrace a that most of the developers in JB are selling. They would probably comes with old-age friendly facilities and whatever that is suited to their target group of customer.

To determine whether paying a million dollar for it is worthwhile under current market condition, we have to wait and see what the developer is giving- the quality of materials, the size of built up area, the environment, facilities, etc.

 

[butadesu]

Temasek and Khazanah's Wellness Township in Medini is expected to be launched early next year.

The residential side would comprise 96 bungalows, 68 semi-detached homes, 445 terrace houses, 1,415 condominium units and one block of serviced apartments.
Some 18 acres have been earmarked for commercial property.

On its target customers, Chan explained that they would be locals and foreigners above 40 years of age and from the middle-income group.
(Just like the RM1 mil terraces discussed earlier, the developer's targeted customers for such higher-end properties are the middle-income group, not the average workers. Thus it is wrong to say that RM1 mil terraces cannot sustain because the average Malaysian workers cannot afford even with EPF).

http://www.starproperty.my/PropertyScene/TheStarOnlineHighlightBox/18827/0/0

It may be 99 years.. Just like 1Medini

 

[kopikong99]

Our govt policy allow that to happen.. Not the SPR fault.. If we were the SPR, very likely we will do the same. One thing that is common is we all work in Singapore and retire elsewhere.. I agree our govt are too much and we always wonder their objective is to serve the people or to milk the common folks for their bonus...

Well the policy suits our Malaysian SPR well and it is natural that ppl would take up the good offer.

And I finally am able to enjoy what our Malaysian SPR have enjoyed in earning Sg$ and spend M$. Work with Sg company and get S$ and staying here in big open spaces for a fraction of the housing cost of Sg.

Previously could only envy all my Malaysian colleagues (though there is big sacrifices to spend a lot of travelling time). I can see that I start to have savings for retirement instead of being bled dry by pap if living in Sg.

And with the extra cash, investing here is easier then with lower entry level so also provides some good opportunity as well in Malaysia.

Like they say, one must sail with the wind.

 

[kopikong99]

Everything inside Medini I heard is only 99 years lease with Iskandar.

 

[arsenal]

I hope they can grant us PR like what Singapore offer to the world.. Then I will commit more...

Well the policy suits our Malaysian SPR well and it is natural that ppl would take up the good offer.

And I finally am able to enjoy what our Malaysian SPR have enjoyed in earning Sg$ and spend M$. Work with Sg company and get S$ and staying here in big open spaces for a fraction of the housing cost of Sg.

Previously could only envy all my Malaysian colleagues (though there is big sacrifices to spend a lot of travelling time). I can see that I start to have savings for retirement instead of being bled dry by pap if living in Sg.

And with the extra cash, investing here is easier then with lower entry level so also provides some good opportunity as well in Malaysia.

Like they say, one must sail with the wind.