Even with fee increase it is cheaper just like owning weekend car. Remember there is still the road tax and petrol limits.
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Living in JB 3 (Johore)
- Thread starter wuqi256
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Even with fee increase it is cheaper just like owning weekend car. Remember there is still the road tax and petrol limits.
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If that is the case, SG govt should increase the VEP fees to cater for it as well. They should not have a total ban on Singaporeans driving a Malaysian car on Singapore roads as there are a group of retired Singaporeans in Malaysia who are on MH2H scheme and who may need to drive their Malaysia registered cars into Singapore road occasionally.
You cant expect them to own a Singapore registered cars, pay Singapore road tax, buy Singapore car insurance when most of the time they will be driving on Malaysia roads. It is just not correct as they will be paying SG govt when they are being serviced by the Malaysia govt most of the time.
Besides, this total ban would only inconvenienced and forced this group to work around the system by asking a Malaysian friend or engaging a temporary driver to drive them through Singapore customs and then takeover and drive illegally in Singapore as it is the most logically way to do so.
Why Malaysia does not ban its citizens( Malaysian SPRs ) from driving a Singapore registered car on Malaysia road as a tit-for-tat revenge is surprising or they could just be logical and being non-discriminating to its own citizens on this point.
http://news.asiaone.com/news/malaysia/johor-vehicle-entry-fee-could-affect-ties-singapore-say-traders
JOHOR BARU - Business associations have described Malaysia's proposed fee on foreign vehicles entering Johor through the Causeway and the Second Link as unwise.
Small and Medium Entrepreneurs (SME) Association of Malaysia national president Teh Kee Sin suggested that Malaysia should consider a different approach.
"Of course, a RM20 (S$8), RM50 (S$20) or even RM100 (S$40) levy would be significant for the country's revenue, but it would not help strengthen bilateral ties," he told The Star yesterday.
Teh said the Government should instead concentrate on transforming Johor Baru into a more vibrant and lively space, which would then lead to economic growth.
"The authorities must understand that SMEs depend on Singaporeans from the low to middle income category for the bulk of their revenue, and if Malaysia imposes the fee, less of these people would come in to spend their money," he added.
Johor Indian Business Association (Jiba) president P. Sivakumar said that while charging RM20 (S$8) was acceptable, the Government should offer some flexibility.
"We should extend some goodwill by imposing the fee only during peak hours, or by reducing rates on weekends or public holidays for the benefit of genuine travellers," he added.
Malaysia's proposal is leaving folks like Danny Cheung, a sales executive at a plumbing company in Singapore, 35, caught in the middle. "My friends and I thought that buying a Singapore-registered vehicle would mean saving on Singapore's Vehicle Entry Permit fee when entering the republic.
"Now there's another fee to pay when we re-enter Malaysia, I could be looking at spending an additional RM400 (S$160) per month," he said.
Sub-contractor Yap Chin Keong, 59, feels that the entry charge would be useful if it could reduce the number of Singaporean-vehicles entering Johor Baru.
"The charge is a good way to manage congestion as we sometimes get stuck for as long as two hours each way."
JOHOR BARU - Business associations have described Malaysia's proposed fee on foreign vehicles entering Johor through the Causeway and the Second Link as unwise.
Small and Medium Entrepreneurs (SME) Association of Malaysia national president Teh Kee Sin suggested that Malaysia should consider a different approach.
"Of course, a RM20 (S$8), RM50 (S$20) or even RM100 (S$40) levy would be significant for the country's revenue, but it would not help strengthen bilateral ties," he told The Star yesterday.
Teh said the Government should instead concentrate on transforming Johor Baru into a more vibrant and lively space, which would then lead to economic growth.
"The authorities must understand that SMEs depend on Singaporeans from the low to middle income category for the bulk of their revenue, and if Malaysia imposes the fee, less of these people would come in to spend their money," he added.
Johor Indian Business Association (Jiba) president P. Sivakumar said that while charging RM20 (S$8) was acceptable, the Government should offer some flexibility.
"We should extend some goodwill by imposing the fee only during peak hours, or by reducing rates on weekends or public holidays for the benefit of genuine travellers," he added.
Malaysia's proposal is leaving folks like Danny Cheung, a sales executive at a plumbing company in Singapore, 35, caught in the middle. "My friends and I thought that buying a Singapore-registered vehicle would mean saving on Singapore's Vehicle Entry Permit fee when entering the republic.
"Now there's another fee to pay when we re-enter Malaysia, I could be looking at spending an additional RM400 (S$160) per month," he said.
Sub-contractor Yap Chin Keong, 59, feels that the entry charge would be useful if it could reduce the number of Singaporean-vehicles entering Johor Baru.
"The charge is a good way to manage congestion as we sometimes get stuck for as long as two hours each way."
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Your friend expecting RM 2500 per month from a SHOE BOX unit????
If she can get a RM 500-RM700 rental per month you should be happy for her. I know of friends who can still rent LANDED houses at Nusa Bayu or gelang patah etc at RM 500-RM 800 per month. No kidding.
Sometimes I do feel R&F might be a good buy even though I dislike Danga Bay and City centre to the core. Why? If you buy a unit 3-5 minute walk to CIQ, basically you don't need to worry about VEPs or any other govt policies. So far the humble travellers using public transportation to enter Singapore and largely spared from the onslaught and tit-for-tat policies.
If she can get a RM 500-RM700 rental per month you should be happy for her. I know of friends who can still rent LANDED houses at Nusa Bayu or gelang patah etc at RM 500-RM 800 per month. No kidding.
Sometimes I do feel R&F might be a good buy even though I dislike Danga Bay and City centre to the core. Why? If you buy a unit 3-5 minute walk to CIQ, basically you don't need to worry about VEPs or any other govt policies. So far the humble travellers using public transportation to enter Singapore and largely spared from the onslaught and tit-for-tat policies.
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you are right.! rentals in malaysia generally suck. in fact, for a lot of the taman, if can get tenant, happy already. what does that say about supply and demand?
R&F location for commuters may be good, but at 1000 psf, i personally don't think it's a good buy. 500psf, maybe.
Rentals in Johor has a lot to do with the type of transient workers that Johor is attracting.
In the past until recently, most people in Johor consist mainly of low cost workers coming down from the north to work in Singapore. This made up the bulk of potential tenants.
If Johor can really transform itself into a self sustaining higher income industries, then the rentals should match up.
But it will take some time due to the increasing supply of high cost residential homes
In the past until recently, most people in Johor consist mainly of low cost workers coming down from the north to work in Singapore. This made up the bulk of potential tenants.
If Johor can really transform itself into a self sustaining higher income industries, then the rentals should match up.
But it will take some time due to the increasing supply of high cost residential homes
Absolutely.
When Living in JB was first started I had mentioned that the economy here is not supported by strong fundamentals.
No research, no high value products and/or services.
Obviously if the job can be done by anyone without the need for specialised skill sets, wages wont rise.
Hence ppl with such wages hv to look for low rentals.
Even filipinos stay in JB in transient accomodation. No offense to anyone here but that goes to show the kinda income bracket thats being attracted.
The big push/investment has to come from the govt.
Investment in Research, and Education. This is the basic minimum requirement.
Without credible educational institutions and research institutions of repute not much can happen.
Infrastructure would be another essential requirement.
Without these much needed basic essentials all they can possibly do is leverage on Spore.
Even that they cant do efficiently.
When Living in JB was first started I had mentioned that the economy here is not supported by strong fundamentals.
No research, no high value products and/or services.
Obviously if the job can be done by anyone without the need for specialised skill sets, wages wont rise.
Hence ppl with such wages hv to look for low rentals.
Even filipinos stay in JB in transient accomodation. No offense to anyone here but that goes to show the kinda income bracket thats being attracted.
The big push/investment has to come from the govt.
Investment in Research, and Education. This is the basic minimum requirement.
Without credible educational institutions and research institutions of repute not much can happen.
Infrastructure would be another essential requirement.
Without these much needed basic essentials all they can possibly do is leverage on Spore.
Even that they cant do efficiently.
Congo9s friend not mine somehow got tagged into my post.
If it is RM100, it will be suicidal for the owners and investors for Iskandar. My friend who has bought into Iskandar region is sweating blood now, she has bought into the shoe box unit kind of condo, expecting to be paid RM2500 per month from rental income.
If the levy charges really apply to Singkie cars, i hope God has mercy on them.[/QUOTE]
If it is RM100, it will be suicidal for the owners and investors for Iskandar. My friend who has bought into Iskandar region is sweating blood now, she has bought into the shoe box unit kind of condo, expecting to be paid RM2500 per month from rental income.
If the levy charges really apply to Singkie cars, i hope God has mercy on them.[/QUOTE]
Hmmmm so the educity with some credible institution such as medical univ - Newcastle is not counted? Malborough college, etc are taught by part-time school teachers?....the highways and new ports are not considered as infrastructure? The designated zones for industry, administration, education, theme park, medical with roads, power and land for development are what? The Pinewood studio are employing transient workers to be their light and sound technician? Legoland are getting granpa and gendmas to run the rides? I thought they have vocational institution training trainees for teh amusement park, no? I wonder why billions of investment got channeled into Iskandar.....they have morons on their payroll to make Millions and billions dollar investments?......
I am just an ignorant former, pray enlighten.....
Vocational institute = institute of repute ?
Newcastle/Marlborough better than NUS/NTU/SIT? Let alone Ivy League or anywhere close.
Designated zones today? Effect tmrw? Omg., im ignorant, now you pray enlighten me if Designated zones = results? Or u believe they hv a magic wand that makes designated zones into instant economic successes.
Takes years to build a financially sound system.
Even Spore was not built in a day. And with so much of scientific analysis and inputs and human capital resources at its disposal, Spore still needs occasional tinkering of the system to keep the wheels moving smoothly.
Shenzhen was not built in a day.
Highways that are jammed and poorly maintained? Oh my I forgot, the jam is caused by Singaporeans.
Billions in investment? Right., how much is the govt share?
When the hype around Iskandar dies down, JB was and will remain Spores backyard and will continue to leverage on Spore.
If JB was so good with your great designated zones, get ppl to work there. And my o my whats the salary like?
Dun chest thump brazenly.
Know your facts, study economics, study successful cities and then talk.
Else the discussion will remain around grandpa/grandmas and morons.
Moving up the value chain and fast is what johor needs. They need to sprint not walk.
Newcastle/Marlborough better than NUS/NTU/SIT? Let alone Ivy League or anywhere close.
Designated zones today? Effect tmrw? Omg., im ignorant, now you pray enlighten me if Designated zones = results? Or u believe they hv a magic wand that makes designated zones into instant economic successes.
Takes years to build a financially sound system.
Even Spore was not built in a day. And with so much of scientific analysis and inputs and human capital resources at its disposal, Spore still needs occasional tinkering of the system to keep the wheels moving smoothly.
Shenzhen was not built in a day.
Highways that are jammed and poorly maintained? Oh my I forgot, the jam is caused by Singaporeans.
Billions in investment? Right., how much is the govt share?
When the hype around Iskandar dies down, JB was and will remain Spores backyard and will continue to leverage on Spore.
If JB was so good with your great designated zones, get ppl to work there. And my o my whats the salary like?
Dun chest thump brazenly.
Know your facts, study economics, study successful cities and then talk.
Else the discussion will remain around grandpa/grandmas and morons.
Moving up the value chain and fast is what johor needs. They need to sprint not walk.
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Problem is they havent learn to walk ( Iskandar still in infant state ) , now they think they can fly ! Start to implement all kind of policy that put investment in danger, everything now grind to a halt.
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Looks like the big balloon might burst anytime.
My colleague visited the Sunway showroom and was told the sales was so good that there is only 1-2 unit.
When probed, they ( buyers of whom many were Malaysians earning RM 2000 a month ) simply paid 3% booking fees and when they secured a loan, which is easy given that there are no restrictions and up to 85% loan, Sunway will return the 3% to them as the SPA is inflated. That means ZERO downpayment to secure the units.
I shudder to think what will happen when they TOP and where these low-wage employees can find the money to fork out the monthly instalment which is almost their monthly salary. Developments like this I usually steer clear as the buyers are not investors with ready cash for downpayment at least.
There is a reason why East Ledang, Leisure Farm, Ledang Height, Horizon Hills prices appreciated by 100% in a space of few years while some houses prices are languishing. They do not have "hanky panky" going on so openly. When the houses TOP, you see the buyers with strong cash support. They rather don't rent out the house then to lelong their units.
I am indeed disappointed that a reputable developer can do such a thing.
Also heard that last minute they took away the 2 or 3 years "guaranteed" rental. What does this show? Initially you are telling people how strong and confidence u are about your development and last minute pull out the guaranteed return. Sigh. I hope they can work on this. Otherwise, this is a good development
My colleague visited the Sunway showroom and was told the sales was so good that there is only 1-2 unit.
When probed, they ( buyers of whom many were Malaysians earning RM 2000 a month ) simply paid 3% booking fees and when they secured a loan, which is easy given that there are no restrictions and up to 85% loan, Sunway will return the 3% to them as the SPA is inflated. That means ZERO downpayment to secure the units.
I shudder to think what will happen when they TOP and where these low-wage employees can find the money to fork out the monthly instalment which is almost their monthly salary. Developments like this I usually steer clear as the buyers are not investors with ready cash for downpayment at least.
There is a reason why East Ledang, Leisure Farm, Ledang Height, Horizon Hills prices appreciated by 100% in a space of few years while some houses prices are languishing. They do not have "hanky panky" going on so openly. When the houses TOP, you see the buyers with strong cash support. They rather don't rent out the house then to lelong their units.
I am indeed disappointed that a reputable developer can do such a thing.
Also heard that last minute they took away the 2 or 3 years "guaranteed" rental. What does this show? Initially you are telling people how strong and confidence u are about your development and last minute pull out the guaranteed return. Sigh. I hope they can work on this. Otherwise, this is a good development
If Sing gov is serious to push out the less productive then hopefully someone in the gov is reading this.
The problem is to balance the admin work vs the vehicle control vs bona fide tourist.
Eye opener.
Nicely said jasonjst.
Dun they really think?
They look for resources everywhere butvwithin.
To shore up revenues, VEP.
Hyping up Iskandar and building Kota Iskandar apart from all the designated educity whatever is perhaps d only thing they hv done.
Take out the S$ from Iskandar and where really will they be?
On one hand they want us, on another hand they blame us for everything (price rise, cost of living, property price rise, roads etc) hantam us, tekan us and fleece us.
This is how they manage their biggest investor
Dun they really think?
They look for resources everywhere butvwithin.
To shore up revenues, VEP.
Hyping up Iskandar and building Kota Iskandar apart from all the designated educity whatever is perhaps d only thing they hv done.
Take out the S$ from Iskandar and where really will they be?
On one hand they want us, on another hand they blame us for everything (price rise, cost of living, property price rise, roads etc) hantam us, tekan us and fleece us.
This is how they manage their biggest investor
Problem is they havent learn to walk ( Iskandar still in infant state ) , now they think they can fly ! Start to implement all kind of policy that put investment in danger, everything now grind to a halt.
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I was talking to her last week. I kept quiet when she told me she is looking for rental for around rm2500 for her shoe box unit. I was driving when she told me. I got a shocked. They are good girls trying to get rich by investing. Nothing wrong with it. But when you surround yourself with some Evil property friends who tries to influence you. That will be bad. How i wanted to tell her they had been dubbed by her property agent friend into buying such show box unit.
Unlikely. Banks are quite strict w loans now.
actually ur right.
Banks r very strict.
From what little I know
1) yes developers mark up
2) banks are fully aware developers mark up
3) banks r running a business. AND for profit.
4) yes banks may gv 5~10% more but that's after risk assessment.
Banks r very strict.
From what little I know
1) yes developers mark up
2) banks are fully aware developers mark up
3) banks r running a business. AND for profit.
4) yes banks may gv 5~10% more but that's after risk assessment.
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