Living in JB

[contra]

How come so many said there will be another meltdown next year? Don't understand leh? Can you kindly explain to us? I thought US president election is next year so should be good right?

What's this talk of meltdown? AProf, needling us again ? In fact more good news in yesterday's Singapore Business Times front page.... (but maybe too soon to open...they should wait till Legoland )

Published May 6, 2011

Iskandar bets big on designer discount outlet
By PAULINE NG
IN KUALA LUMPUR

THE Iskandar Regional Development Authority is looking to the opening of the much-awaited Johor Premium Outlet (JPO) with a mixture of anticipation and trepidation.

There is anticipation because the international designer discount outlet is expected to give fledgling Iskandar Malaysia a timely boost given the projection of four million visitors annually. And trepidation because the surge in numbers will test its preparedness, said chief executive Ismail Ibrahim.

The Premium Outlet will be the first of its kind in South-east Asia and the prospect of 330,000 sq ft of designer fashion and accessories at discounted prices has already stirred the imagination of shopping-mad Malaysians, Singaporeans and others in the region.

The RM149 million (S$61.5 million) mall will join the existing 52 outlets in the United States, Mexico, Japan and South Korea.

The first phase, involving 175,000 sq ft of upscale shopping at Kulaijaya, will be launched in the second half of the year. It marks the foray into Malaysia of New York Stock Exchange listed Simon Property Group whose subsidiary Premium Outlets is a 50:50 partner in the JPO with Genting Plantations.

The Genting group which owns Resorts World Sentosa and Resorts World Genting in Pahang has cannily located JPO on 17ha that is at the intersection of the North-South Expressway and the Second Link, making it easily accessible from Johor and Singapore once other planned interchanges are completed such as the RM1.1 billion six-lane Coastal Highway which is scheduled to open at the end of the year.

Other on-going infrastructure includes the 7km Eastern Dispersal Link which will be ready in March 2012, and the 77 km Senai-Desaru highway.

The good news for users is they will be toll-free.

The infrastructure is expected to help Iskandar reach a tipping point next year when other catalyst projects such as the Newcastle Medical School (expected to be completed this year) and Legoland are completed.

At a media briefing in Iskandar, KGV-Lambert Smith Hampton (Johor) executive director Samuel Tan said Kuala Lumpur developers are beating a hasty path to Iskandar because its upside now is so much greater, with recent property transactions registering noticeable increases in value. 'People are land-banking and every day we get calls to help them find land.'

'Because the new southern link will make travel seamless, if you know anyone who wants to sell land near Pasir Gudang, we have ready buyers.'

Land in Danga Bay sold for about RM220 psf about four years ago but has now risen to RM400-plus psf, he said. And depending on where residential properties are sited, some have doubled in value since 2005. Most of Johor's failed projects from the 1990s have also been taken over by private companies and rehabilitated.

The building boom notwithstanding, Mr Ismail cautioned against an overhang and has advised developers to identify the anchor economic activity that will drive their townships rather than merely jumping on the bandwagon.

However, he observed there are more owner-occupier buyers now compared to previously, owing to expectations of greater integration with Singapore once a planned rapid transport system (RTS) link is established between the city state and Johor Baru.

Malaysia's RTS is expected to link with Singapore's MRT but details remain sketchy as both governments continue to negotiate on numerous issues including a planned wellness township to be built jointly by Khazanah Nasional and Temasek Holdings.

Johor chief minister Ghani Othman indicated the RTS is likely to connect to an interchange station at Kempas since JB central lacks the requisite space.

Those delays notwithstanding, he conceded Iskandar's tax sweeteners also need reworking because they have had little impact, many perceiving them to be too restrictive. As a result, only a dozen companies and three individuals have applied for the incentives.

http://www.businesstimes.com.sg/sub/news/story/0,4574,437750,00.html?

 

[Coolsaint77]

Wah... Danga Bay land so ex huh

 

[edm23]

The sales rep was Samantha. It seems that the iD is the same & frm Kuala Lumpur. I did not request to go round the place. Maybe the next time when I go dwn, i will request for it. I told Samantha to call me once the new shwflats are ready. Most prob, we will be neighbors by end of the year. Looking forward to it.

Welcome 2b to the BWV family Very soon we can have a nice size for coffee gathering.

 

[maxpark]

What's this talk of meltdown? AProf, needling us again ? In fact more good news in yesterday's Singapore Business Times front page.... (but maybe too soon to open...they should wait till Legoland )

Published May 6, 2011

Iskandar bets big on designer discount outlet
By PAULINE NG
IN KUALA LUMPUR

THE Iskandar Regional Development Authority is looking to the opening of the much-awaited Johor Premium Outlet (JPO) with a mixture of anticipation and trepidation.

There is anticipation because the international designer discount outlet is expected to give fledgling Iskandar Malaysia a timely boost given the projection of four million visitors annually. And trepidation because the surge in numbers will test its preparedness, said chief executive Ismail Ibrahim.

The Premium Outlet will be the first of its kind in South-east Asia and the prospect of 330,000 sq ft of designer fashion and accessories at discounted prices has already stirred the imagination of shopping-mad Malaysians, Singaporeans and others in the region.

The RM149 million (S$61.5 million) mall will join the existing 52 outlets in the United States, Mexico, Japan and South Korea.

The first phase, involving 175,000 sq ft of upscale shopping at Kulaijaya, will be launched in the second half of the year. It marks the foray into Malaysia of New York Stock Exchange listed Simon Property Group whose subsidiary Premium Outlets is a 50:50 partner in the JPO with Genting Plantations.

The Genting group which owns Resorts World Sentosa and Resorts World Genting in Pahang has cannily located JPO on 17ha that is at the intersection of the North-South Expressway and the Second Link, making it easily accessible from Johor and Singapore once other planned interchanges are completed such as the RM1.1 billion six-lane Coastal Highway which is scheduled to open at the end of the year.

Other on-going infrastructure includes the 7km Eastern Dispersal Link which will be ready in March 2012, and the 77 km Senai-Desaru highway.

The good news for users is they will be toll-free.

The infrastructure is expected to help Iskandar reach a tipping point next year when other catalyst projects such as the Newcastle Medical School (expected to be completed this year) and Legoland are completed.

At a media briefing in Iskandar, KGV-Lambert Smith Hampton (Johor) executive director Samuel Tan said Kuala Lumpur developers are beating a hasty path to Iskandar because its upside now is so much greater, with recent property transactions registering noticeable increases in value. 'People are land-banking and every day we get calls to help them find land.'

'Because the new southern link will make travel seamless, if you know anyone who wants to sell land near Pasir Gudang, we have ready buyers.'

Land in Danga Bay sold for about RM220 psf about four years ago but has now risen to RM400-plus psf, he said. And depending on where residential properties are sited, some have doubled in value since 2005. Most of Johor's failed projects from the 1990s have also been taken over by private companies and rehabilitated.

The building boom notwithstanding, Mr Ismail cautioned against an overhang and has advised developers to identify the anchor economic activity that will drive their townships rather than merely jumping on the bandwagon.

However, he observed there are more owner-occupier buyers now compared to previously, owing to expectations of greater integration with Singapore once a planned rapid transport system (RTS) link is established between the city state and Johor Baru.

Malaysia's RTS is expected to link with Singapore's MRT but details remain sketchy as both governments continue to negotiate on numerous issues including a planned wellness township to be built jointly by Khazanah Nasional and Temasek Holdings.

Johor chief minister Ghani Othman indicated the RTS is likely to connect to an interchange station at Kempas since JB central lacks the requisite space.

Those delays notwithstanding, he conceded Iskandar's tax sweeteners also need reworking because they have had little impact, many perceiving them to be too restrictive. As a result, only a dozen companies and three individuals have applied for the incentives.

http://www.businesstimes.com.sg/sub/news/story/0,4574,437750,00.html?

Thanks for the post.
Saved me S$1 to buy a copy of BizTimes, hehe...

Have read about this new Premium Outlet, a JV with Genting quite sometime ago and glad its finally materialising!
Problem is, have no idea where is Kulaijaya and more pertinently, how far is it from Bkt Indah area?
Anyone knows?

Btw, why put this in Kulaijaya, should put it right smack in Bkt Indah, opposite Jusco there's a huge piece of land already reserved for commercial properties - that would give a huge boost to all our investments here!

 

[euphony]

Testing... has my nick rose from the grave?

Welcome back!

Not eligible? Why ?

Its one of the most interesting GE i have witnessed in Spore for the longest time ever.

Yes Nicole Seah is very impressive.

am SPR though I have been in Sg studying or working most of my life.

 

[Coolsaint77]

About the finger printing thingy, i am not sure how it will affect people who drive through and those already on the MACS program but i think if they want to finger print everyone who drives, it will definitely not make sense. This sounds like something more for those on buses, trains, etc.

Last Friday (Labor Day's eve) when i drove back through Tuas, i saw a long convoy of buses queing... i do a ballpark-count as i drove... the number of buses was more than 100 !!! So it must be the finger printing thingy huh?

 

[Polymin]

The reason why it's in Kulai Jaya ??? Some big plan of theirs to balance all the zones in Iskandar

Here's the website to know the master plan for Iskandar : http://www.asli.com.my/DOCUMENTS/GEMS_Iskandar Malaysia_ Dato Ikmal_180808.pdf

As I understand, JPO will be in this new area call Indahpura in Kulai. There's a new highway interchange under construction now and JPO should not be far away from here.
Interchange will be ready in Oct and with the recent news in Malay Mail, JPO is expected to be ready in Nov.

 

[Coolsaint77]

Welcome back!
am SPR though I have been in Sg studying or working most of my life.

Hello! How's life in BWV... nice place

 

[ginfreely]

Another neighbour in the same precinct, Singaporean, didn't pay up, they dig away all the switches of the whole house!

They seems to be very aggressive towards Singaporeans. Proberly we are not as fierce as the locals lah. As I have noticed.

These contractors are like gangsters. They think we jack up their housing prices.We deserve it. That what my hubby's malaysian friend told him. Anyway we also very timid one, as long as ping an wu shi, for me, waste some money, threat its as protection money lah.

That's terrible, so spiteful huh...aiyah we only can buy above RM500k, how come they still think we jack up their housing prices?!

 

[ginfreely]

Gin, you cannot follow me lah!

We started off with carpouch tiling. My hubby started on the living room electricity himself and found that his don't have time for kitchen electricity so prune some work to the contracter. Then window grilles comes in. Next the cabinets comes but after that found the contractors electricity work to be so ugly. Unlike those quality you get from Singapore. So no choice got to do the ceiling to cover it up. Now we are painting the housing ourself as well as do the electricities, lightings and the pipings. The aircon is not up yet. My hubby will be fixing aircon himself for the master bedroom first and the rest after we move in. The painting is still a work in progress. Will continue to do it after we move in. And the curtains are also not up yet. Also another work in progress.:o

Oh you've very interesting sequence...basically everything from aircon to electricity to lighting to piping can DIY...haha are you sewing the curtain yourself?

 

[ginfreely]

Hi Ginfreely,

If there is nothing of value inside (including aircon, etc) then its safe to give to more than 1 contractor. If you already have aircon, water heater, then just give to one at any given time. Also, don't give them the main door key. Just buy a cheap lock from Tesco or any place that is stout enough and use that for the grilles and gates. Pass the key to them and let them do the necessary stuff.

I would advise being there when they fix up the grilles so that once the grilles are up, you can immediately padlock the place and can start putting some barang barang inside the storeroom. Its advisable to have a room with a stout door, preferably with no windows and lock up valuables there if you are going to be away for along time.

Then again, if you are away for a long time, don't leave your valuables at home UNLESS you are able to secure it, put inside a safe deposit box or something.

Once the grilles are up, etc there will be more accountability when contractors come in and you don't have to pass them your main door key and have to change locks at the end of the day. You just throw away your cheap padlock at the end of the day or use it in another country if you are really paranoid and still want to save costs.

Oic, no need to give the main door key, thanks.

 

[euphony]

Hello! How's life in BWV... nice place

not shifted in yet. targeting aug-sep
good to see you back, I remember you're another contributor with lotsa very useful info in and around here. =)

 

[euphony]

We have tons of experience with our current flat lah.... :P That time hubby's business just start, got kicked out of the house by his sister, everything was not done yet, the sand was on the floor ready to do the tiles, but we go a head to build it up from scrap. No choice lah, very tight mah.... Now is only back to that time, both of us have agree on it. Have to go back to it one more time. And another in the next few year time...I remember having read how Robert Kiyosaki and wife Kim Kiyosaki became homeless and had to sleep in a warehouse with all the rats, it always inspires me. Now they have more than 1400 propertise altogether.

salute to cathy & hubby!

 

[ginfreely]

Yeah i guess we bought at the same time. Yes financial tsunami back then.

Talking about crisis and meltdowns..... i think another one is due soon.....

By end of year if not earlier??

Hope not another crisis again, already gone through so many market crashes every few years...Asian crisis 97, IT/tech bubble 2001, SARS 2003, financial crisis 2008 and now again?!

You and Cathy bought at the same time? Cathy's package seem to have more freebies like kitchen cabinet, fridge, etc leh

 

[ginfreely]

Actually it is a little overblown about Singaporeans showing-off in JB. The ah beng contractors themselves are gangsters... so do select a contractor who has been used by your friend and have provided good service.

Hi, coolsaint! Know no one in JB then how to select a contractor who has been used by friend leh

 

[ginfreely]

The aggressiveness extends to driving as in my case, a red Myvi type car (one of those small cars) cuts in on the near side just as I was nearing the first guardhouse on Jalan Bukit Indah. Fortunately I swerve to my left, I tooted my car horn. The red car slows down, turns into the HH compound and after the HH guardhouse stops his car and gets out. My wife didn't want me to get out of the car, but I did and he asked me why I tooted my horn at him. I told him what he did and that it would have cause an accident had I not swerved my car. He started swearing at me and started behaving aggressive towards me. His friend also came out of the car. A quick glance at his friend to see what he was up to, the guy saw me look at him, put up both his hands and shook his head from side to side. I took it as he did not want to get involved or I would have taken off my belt with the large metal buckle. Long story short we almost came to blows. My wife said something in chinese to him and he stopped. We exchanged some words. He got into his car and left. My wife thinks he could hve been a "rascal" because of the dyed orange hair, you know the colour that you see on those who dye their hair to that sort of mousy blond colour. I think he's a coward and thought he would scare an 'old man' . They will try it on to see if you the 'foreigner' will back down and apologise even if they are the transgressors. I believe in general this aggressive behaviour in general will crop up every so often if they sense they can get away with it.

Yeah definitely aggressive, luckily they are not armed. Wonder what can we do when there is car accident?!

 

[ginfreely]

ha ha ha ha , by the way, he is chiu hu kia, this is his best solution.

Haha you talking about that Cow is it? Yeah he only knows how to implement means testing to squeeze citizens while letting foreigners and PRs continue to benefit...do they even pay 10, 20 or 50% more than citizens?!

I recall I broke my finger when I was in Canada in early 2000s and had to pay over S$900 for just x-ray and doctor consultation, that must be like 9, 90 or 900 times what the local had to pay! The hospital there asked me whether I can afford to pay before proceeding with the x-ray and luckily I had travel insurance.

That should be the way for foreigners to pay more and not squeeze citizens for foreigners benefit! Recall Professor posted the Malaysia fees some pages ago and foreigners have to pay medical fees at 2 to 15 times more fees and that is excluding investigation charges.

 

[tansi]

Hello! How's life in BWV... nice place

nice indeed, whole v almost yours to jog or walk. residents show up on friday nites and stay for weekends. weekend home true & true. recall a past posting about concern on the road from gelang patah, the nearest town, to bwv, hv been driving on that road for over a year at very early am and wee hour pm, never hv any worry. the road is frequently used by commuters driving to/fro pasir gulang port. the only problem i notice so far is families with kids or teenagers usually find their young ones want to go back to exciting city life

 

[2bfree2b]

Welcome 2b to the BWV family Very soon we can have a nice size for coffee gathering.

Thanks edm for the welcome but I havent buy it yet lei......Stil have to wait for the 2 shwflats to be ready. Most prob gona buy a ready unit & just bring my bags. Hahaha. If everything goes well then Yes, end of the year shld move in. I am pretty sure abt the place, just love it. But one of my frens who bought Setia Eco Gardens insist that I go over to his place to take a look too. He is trying to swing me to the dark side. LOL

 

[edm23]

Thanks edm for the welcome but I havent buy it yet lei......Stil have to wait for the 2 shwflats to be ready. Most prob gona buy a ready unit & just bring my bags. Hahaha. If everything goes well then Yes, end of the year shld move in. I am pretty sure abt the place, just love it. But one of my frens who bought Setia Eco Gardens insist that I go over to his place to take a look too. He is trying to swing me to the dark side. LOL

Hey 2b, the showflats that BWV produces do have some standard, i'm sure they will turn out nice Every establishments have their own unique charm, i've always wished i had more resources to buy units at other areas. No harm having a look at SEG really, its important to explore and acquire as much knowledge before making an informed decision. A property in JB though not as costly as one in SG still warrants extensive research before committing. For me and my family, we loved the pace and tranquility that LF and BWV has to offer and we decided in a heartbeat.

Good luck in your journey to seek the right property. The few of us in BWV will certainly be happy to have a new kaki should your eventual choice be a unit at BWV