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Living in JB 2 (Johore)

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Sanur

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saw this on today online. Baseline is, avoid buying Toyota & Honda if you are planning to get a Malaysian car?

150 cars stolen daily in M'sia

KUALA LUMPUR - An average of 150 vehicles are stolen each day in Malaysia, police said, with Proton and Pero-dua models topping the list.

Federal Criminal Investigation Department chief Mohd Bakri Zinin told reporters yesterday that a high demand for car parts is fuelling the theft of new and old vehicles by syndicates.

"There is a big demand for the stolen vehicles at construction sites in remote areas. Some are used in robberies and other criminal activities while certain models are exported," he was quoted as saying by The Star.

"We believe that vehicles like Toyota Hilux are stolen to feed the huge demand for four-wheel drives in the Middle East. We think that rebel forces use them to mount guns," he added.

The number of vehicles reported stolen nationwide as of September last year was 55,041. A total of 57,462 vehicles were reported stolen in 2010.

Toyota and Honda models were among the top 10 vehicles targeted by syndicates. Agencies


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Btw, yonglip, avalon74, teck21, was compiling the recent discussions about your renovations: http://livinginjb.info/?page_id=414.
Can I clarify, are the prices in RM or SGD? (I'm assuming its RM).

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http://livinginjb.info


Hi,

Your web site seems very professionally done, r u in this line??
 

lastresort

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Leading property developers in Malaysia expect home prices to rise over the next 12 months, based on a report from the Real Estate Housing Developers' Association Malaysia (REHDA).

The research reveals that three-quarters of REHDA's members believed that residential prices will surge this year, with 36 percent predicting an increase of between 10 percent and 20 percent, while one in three members expects an increase of five percent to 10 percent.

However, business optimism and confidence levels in the country's property sector are lower compared to six months ago, said REHDA.

"Our members are more cautious towards market conditions due to more compliance requirements imposed on the housing industry, global economic uncertainty and inadequate information and data with regards to on-stream demand and supply," said Datuk Seri Michael Yam, Association President.

Meanwhile, the proposed new mortgage scheme for the low- and middle-income household bracket can keep the capital "thriving, vibrant and youthful," said REHDA.

This is a commendable plan. However, its conditions and terms must be well drafted for it to be a success. Factors like income limits and geographic boundaries must be properly defined.

"Another thing that should be considered is risk management," noted Yam.

Last Saturday, Prime Minister Datuk Seri Najib Tun Razak announced a special funding scheme to help low- and middle-income families own a house in the capital, which will take effect on 1 March. This will cover units under the National Economic Action Council's People Housing Programme and the public housing programme of city hall.

Many young Malaysians have stated positive views about the proposed scheme.

"It can improve living standards for those in the city," said Asyraf Syahir, a university student.

"I hope the scheme's terms will be favourable because houses in Kuala Lumpur are expensive. I would like to own a house here someday," said Christine Leong, IT specialist.

Hi guys, what are your views on this, do you foresee prices to increase as much as 20%. I hope this year is a good year for most of us. =)
 

lastresort

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MP: Iskandar Malaysia attracting local and foreign investments
By ZAZALI MUSA Monday January 30, 2012
http://thestar.com.my/metro/story.asp?file=/2012/1/30/southneast/10540547&sec=southneast

JOHOR BARU: The development and progress within Iskandar Malaysia will bring immense benefit to Johor and the country.

Pulai MP Datuk Nur Jazlan Mohamed said the country’s first economic growth corridor was moving on a right direction since its inception on Nov 4, 2006.

He said Iskandar Malaysia had been able to attract a steady flow of domestic and foreign investments despite operating in a very competitive economic environment.

Malaysia’s other economic growth corridors were the Northern Economic Region, East Coast Economic Region, Sabah Development Corridor and Sarawak Corridor of Renewable Energy.

“However, all stake holders from the Federal and state levels should not rest on their laurels and have to work even harder to attract new investments,” said Nur Jazlan.

He added the economic opportunities should not only benefit big companies but also the small and medium industries.

Nur Jazlan, who is also UDA Holdings Bhd chairman said this at the gotong royong programme held at Taman Sinar Harapan Tampoi here in conjunction with the company’s 40th anniversary.

At the event, UDA Angsana Sdn Bhd staff took time off to clean up the surroundings of the home which housed 150 handicapped residents including building a RM20,000 gazebo.

He said Iskandar Malaysia would benefit the most, following the improvement in the bilateral ties between Malaysia and Singapore as more investments from the republic was expected to flow into Iskandar Malaysia.

Nur Jazlan said Singapore had been using Malaysia as its hinterland for over 50 years, and now was the time for Johor to bank on Singapore’s position as an international trade and financial centre to attract more investments to Iskandar Malaysia.

“Forging better economic co-operation will benefit Johor and Singapore in the long term as nobody will lose in the game plan,” he said.

Iskandar Regional Development Authority (Irda) in a media statement stated that Iskandar Malaysia had attracted RM84.78bil in total cumulative committed investments from 2006 until 2011.

Iskandar Malaysia was now in the second phase of its development starting from 2011 until 2015 and the period would witness the strengthening and generating of growth with completion of major developments and iconic projects, it stated.
 

RedsYNWA

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these resale i suppose on level 2 onwards? i believe level 1 retained by Setia for tenant mix control and rental...bloody smart. haha.

My co is actually a key client of Setia. I go ask the sales staff on whether level 1 has been retained by Setia when I meet them this Friday.....hehe...
 

yonglip

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Hi guys, what are your views on this, do you foresee prices to increase as much as 20%. I hope this year is a good year for most of us. =)

My take is it will get harder and harder to find new launches with min 10ft land at the side priced at around 500K in the nusajaya area. unless the developer cuts corners in some areas, construction (labour and material) and land cost has generally increased to make it necessary for developers to increase price by at least 20% to stay in the game.

cheers.
 

lastresort

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My take is it will get harder and harder to find new launches with min 10ft land at the side priced at around 500K in the nusajaya area. unless the developer cuts corners in some areas, construction (labour and material) and land cost has generally increased to make it necessary for developers to increase price by at least 20% to stay in the game.

cheers.

yup, i think prime land in JB will only go up in price and there is a lot more potential to see appreciation. However, what is important is that job creation and income must go up, then rental rates will go up to help sustain the industry.
 

lastresort

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I think this Southkey got potential, esp if the MRT is ready by 2018 or 2019. It's located on a super busy junction. But it will probably be super pricey.... Maybe 3 storey selling for RM 2.8m?

South Key is leasehold, I remember they quoted me a rough estimation not that high!
 

investjb

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Location: JB Downtown
Type: Condo
Name: Sri Samudera
Rental: 2 rooms unit (750 sqf) = RM1600-1700 , 3 rooms unit (1100 sqf)= RM2400-2800
Purchase price: Depending on level, eg. 2 rooms @ 20 floor= 180k in 2009
sri samudera studio unit - rm1300 - 1600 fully furnish. thats what i my friend fetch in the past 3 years
 

greddy88

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had a cny gathering last week.. we spoke about landed houses..
then one uncle mentioned about leaking roof, and how much money it costs and inconvenience to troubleshoot and identify the leak/repair/replace it

for the folks who already bought the house can share insights into the workmanship, how's the finishing is like, any water-proofing material (required/done), etc?
 
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lastresort

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for a 689 sf 1bedroom unit tropez at > rm400k, wonder how can the future rental going to cover the installment

the good thing abt Tropez is that it is intergrated with a mall, office buildings, international school and private hospital, so many it has it's own tenants from the school, office, and hospital?
 

Icyraine

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for a 689 sf 1bedroom unit tropez at > rm400k, wonder how can the future rental going to cover the installment

Agreed. Unless the JB waterfront city took off and hit a great success, create more biz and traffic, then rental demand will go up.. but this wont be happening soon, not in the next 3 -5 years?
 
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