Living in JB 3 (Johore)

[Rocker]

...."any new property (landed or condo) is disallowed to resell to foreigners within 5 years since TOP" Curious to see how does it apply to international lots and those in Mendini area?

 

[arsenal]

Ha ha. If that is true, I am so happy.. because I am buying for my own stay... and maybe give to someone when I am old and leaving this world!

wow , not sure this news real or not :



Watch out: heard from the internal sources that new cooling measurement in Johor will be launched on 1 July 2013. One of the measurements is any new property (landed or condo) is disallowed to resell to foreigners within 5 years since TOP. More to be confirmed...

 

[kawan2sgmy]

I guess new cooling measure might bend more towards developers, but to discourage flippers.
continue to encourage home ownership
buyer cannot resell within 5 yr period (to discourage flipping and hence will not push up the resale market)
developers meanwhile will continue to build and sell at their respective price (the M'sian govt has to look after the developers)
Anyway, not sure if they will be restricted to locals or foreigners, or 1st property or 2nd/3rd/4th properties???
Just have to keep our fingers crossed until the news is out if there is any...
anyways, there's no smoke without fire

wow , not sure this news real or not :



Watch out: heard from the internal sources that new cooling measurement in Johor will be launched on 1 July 2013. One of the measurements is any new property (landed or condo) is disallowed to resell to foreigners within 5 years since TOP. More to be confirmed...

 

[BMSKE44]

I guess new cooling measure might bend more towards developers, but to discourage flippers.
continue to encourage home ownership
buyer cannot resell within 5 yr period (to discourage flipping and hence will not push up the resale market)
developers meanwhile will continue to build and sell at their respective price (the M'sian govt has to look after the developers)
Anyway, not sure if they will be restricted to locals or foreigners, or 1st property or 2nd/3rd/4th properties???
Just have to keep our fingers crossed until the news is out if there is any...
anyways, there's no smoke without fire

Remind me of the story of IBM Compatible. Flippers and speculators kenna made use of to jack up prices. Now the property pie is not enough and too lucrative to share with speculators.

 

[Daydreamer]

wow , not sure this news real or not :



Watch out: heard from the internal sources that new cooling measurement in Johor will be launched on 1 July 2013. One of the measurements is any new property (landed or condo) is disallowed to resell to foreigners within 5 years since TOP. More to be confirmed...

Hooray no more 360. Only as if its come to force.

 

[FHBH12]

Very good news. Hope more VIPs are hit so that they know the ground issue and do something to improve the situation.

 

[malpaso]

Very good news. Hope more VIPs are hit so that they know the ground issue and do something to improve the situation.

Agree. to the rest of us, reminded to be wary / mindful. and best not to leave too many valuables lying around in the house.

 

[crystal_tiong]

Agree. to the rest of us, reminded to be wary / mindful. and best not to leave too many valuables lying around in the house.

hmm , one malaysian told me better to keep at least RM2k in the house in case break in to give them and if i dun have money , they will beat or kill me ....

 

[malpaso]

hmm , one malaysian told me better to keep at least RM2k in the house in case break in to give them and if i dun have money , they will beat or kill me ....

yes, that also kind of makes sense. however, remember that if everyone does that, then it send a signal like "come and get it". also must factor in inflation. later the "p;rice" becomes 5k, then 10k, then 20k, else they will beat you. so i think better to 'advertise' that one has no money, by driving cheaper car, don't wear jewellery when going wet market, and uh, generally acting like you don't keep money and valuables lying around. makes sense?

 

[crystal_tiong]

yes, that also kind of makes sense. however, remember that if everyone does that, then it send a signal like "come and get it". also must factor in inflation. later the "p;rice" becomes 5k, then 10k, then 20k, else they will beat you. so i think better to 'advertise' that one has no money, by driving cheaper car, don't wear jewellery when going wet market, and uh, generally acting like you don't keep money and valuables lying around. makes sense?

hmm but if u stay in G&G also kind of mid class range liao ....

 

[Rocker]

hmm but if u stay in G&G also kind of mid class range liao ....

Hmm... 2k including the cost of laptop and watches?

 

[tutucake]

Hi sister crystal,

Any updates on this piece of news?
Getting worried...

wow , not sure this news real or not :



Watch out: heard from the internal sources that new cooling measurement in Johor will be launched on 1 July 2013. One of the measurements is any new property (landed or condo) is disallowed to resell to foreigners within 5 years since TOP. More to be confirmed...

 

[crystal_tiong]

Hi sister crystal,

Any updates on this piece of news?
Getting worried...

hi , as of now , yet to see any confirm new cooling measures from any forum or fb grp yet ....

 

[malpaso]

Hi sister crystal,

Any updates on this piece of news?
Getting worried...

that will be like slaying the goose that lays the golden eggs. Doubt it will be so drastic.

 

[malpaso]

hmm but if u stay in G&G also kind of mid class range liao ....

mid class range, yes. but no money or any valuables in the house. anyway, don't worry la. You already moved , right? So no point being worried about it. Just be a bit more alert & careful, that's all. touch wood i'm malaysian and i have only been robbed (once) in paris.

 

[bujua]

Can also include other factors like earn S'pore $$.. & buy in M'sia??

Thanks for the suggestion, actually in the "Example" section, there is an input for SGD/RM currency exchange, if the SGD currency drops will eventually drag down the IM psf

 

[tutucake]

hi , as of now , yet to see any confirm new cooling measures from any forum or fb grp yet ....

Thanks! Do broadcast if u hear any updates ok... Thanks

 

[crystal_tiong]

mid class range, yes. but no money or any valuables in the house. anyway, don't worry la. You already moved , right? So no point being worried about it. Just be a bit more alert & careful, that's all. touch wood i'm malaysian and i have only been robbed (once) in paris.

not yet move in. anyway i am not so paranoid la. some even scare fans will be stolen if grilles not install....

 

[wuqi256]

hi , as of now , yet to see any confirm new cooling measures from any forum or fb grp yet ....

There are 3 parts to this cooling measure and so far, most such "internal" sources are revealing or aware of 1-2 at most.
I have highlighted this already in my postings a couple of weeks back.

So far, likely only the lesser one may be implemented and yes July is the time frame. Not too concerned though.

 

[Rocker]

I was told S&P sign ASAP also no use, need the bank loan approved first.