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Living in JB
- Thread starter wuqi256
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This is a big development, with eleven precincts launched already. Last year I was viewing Precinct 10 and very tempted to buy a semi d there at about Rm560k but in the end didn't becos only one unit left by the time i saw it and the unit is facing a public toilet in the town park. The new precinct 11 is nicer but much higher price, semi d about Rm740k based on one advert I saw two months ago.
Bro jason
They are opened daily even weekends. I went last Sunday to make wif my 2 kids after checking on the progress of my hse. its open fr ard 1030/11am. Less than 10 mins its done.
They may not exceed beyond their roadshow date cos i overheard they had complaints on their FB fr public who feels they behave like sales promoters for actively promoting macs.
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Re: Investing in Nusajaya
This is something I dun quite understand also.
It used to be that market rate for 2 storey terrace about RM1k.
Now, the asking rate for terrace in newer G&G projects can be >2.5k and even up to 5k for semi-D.
I can see, for eg, Adda Heights and Austin Heights at that price range.
Of course HH & LF is also high.
If I can rent out a 500k property at 2k/mth (add rm300 for maintenance fee), I would be quite satisfied.
Would a 2100sf terrace with facilitites & 24hr security renting at Rm2.3k (SGD960) have demand ?
If I were a retired couple staying in HDB, it makes a lot of sense to "upgrade" from Sg HDB to JB landed and yet get extra income of about rm2.5k per month (assume HDB rent out for S$2k) and enjoy lower cost of living. No need to fork out any downpayment too.
Anyone who had paid up fully their HDB flat can actually retire (or semi-retire) already, if you dare.
So I can't really believe that a G&G terrace can only fetch RM1k or so. Just my views.
This is something I dun quite understand also.
It used to be that market rate for 2 storey terrace about RM1k.
Now, the asking rate for terrace in newer G&G projects can be >2.5k and even up to 5k for semi-D.
I can see, for eg, Adda Heights and Austin Heights at that price range.
Of course HH & LF is also high.
If I can rent out a 500k property at 2k/mth (add rm300 for maintenance fee), I would be quite satisfied.
Would a 2100sf terrace with facilitites & 24hr security renting at Rm2.3k (SGD960) have demand ?
If I were a retired couple staying in HDB, it makes a lot of sense to "upgrade" from Sg HDB to JB landed and yet get extra income of about rm2.5k per month (assume HDB rent out for S$2k) and enjoy lower cost of living. No need to fork out any downpayment too.
Anyone who had paid up fully their HDB flat can actually retire (or semi-retire) already, if you dare.
So I can't really believe that a G&G terrace can only fetch RM1k or so. Just my views.
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Re: Investing in Nusajaya
Hi Spidey,
Wow! U seems to have covered majority of the newer developments during the weekends!
Since u hv been to Adda Height, Setia Tropika n Setia Indah/Eco-Cascadia, u may wanna check out Taman Dato Onn (Johor Land) and Seri Austin (UM Land) as well? These 2 developments are further away from North-South Highway with lesser amenities and hence less popular n property prices have not risen so much yet. Between the 2, we chose Seri Austin due to the preferred layout of the house as well as it being next to Setia Indah(now Eco Cascadia too) hence nearer to amenities of a matured township(Setia Indah). Certain parts of Dato Onn were near to the overhead cables which make us uncomfortable even tho they r quite a distance away. During our last visit to Seri Austin, there's still corner lots of older launch(Alisma) starting at $422,800(in case u r Malaysian). There's also new launches of terrace(Emery, but dunno if corner/end lot stil available)) and upcoming clusters(Citrine, 32'X75") starting just above RM500K.
We were drooling over Adda Height then but didn't wanna commit too much money on our 1st JB property. A blessing in disguise which resulted in us buying HH after that (with reassurance and affirmation from this precious forum!)
Hi Spidey,
Wow! U seems to have covered majority of the newer developments during the weekends!
Since u hv been to Adda Height, Setia Tropika n Setia Indah/Eco-Cascadia, u may wanna check out Taman Dato Onn (Johor Land) and Seri Austin (UM Land) as well? These 2 developments are further away from North-South Highway with lesser amenities and hence less popular n property prices have not risen so much yet. Between the 2, we chose Seri Austin due to the preferred layout of the house as well as it being next to Setia Indah(now Eco Cascadia too) hence nearer to amenities of a matured township(Setia Indah). Certain parts of Dato Onn were near to the overhead cables which make us uncomfortable even tho they r quite a distance away. During our last visit to Seri Austin, there's still corner lots of older launch(Alisma) starting at $422,800(in case u r Malaysian). There's also new launches of terrace(Emery, but dunno if corner/end lot stil available)) and upcoming clusters(Citrine, 32'X75") starting just above RM500K.
We were drooling over Adda Height then but didn't wanna commit too much money on our 1st JB property. A blessing in disguise which resulted in us buying HH after that (with reassurance and affirmation from this precious forum!)
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Re: Investing in Nusajaya
Another upcoming development at Puteri Harbour as discussed earlier:
http://www.theedgeproperty.com/news-a-views/8627.html
Another upcoming development at Puteri Harbour as discussed earlier:
http://www.theedgeproperty.com/news-a-views/8627.html
thks ... must make effort to go down ...
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Re: Investing in Nusajaya
Hehee...Save my trip for going in again. Thank you HorizonHillsGCC's for uploading the latest update on construction of 'the golf' in youtube
[video=youtube;gx05hEJ9nWU]http://www.youtube.com/watch?v=gx05hEJ9nWU[/video]
Construction noise intensified... this was supposed to be a freakin' public holiday! HORIZON HILLS DEVELOPMENT SDN BHD issued a notice "No work on Deepavali Public Holiday".. this is a developer that says one thing and does another. They could care less about their homeowners, or whatever laws there are.. they make their own rules, then break them.
Good luck trying to get them to help you with a problem once you've paid your $$$... they push everything back to the contractor.. again..good freakin luck! Is this a developer you want to give a few million $$ to?
They apologize constantly AFTER the damage is done! Ha-ha... what a joke...There is a reason why Malaysian real estate is so much cheaper than Singapore...think about it friends.. we made a big freakin mistake buying here. We've been "rectifying" problems in our Horizon Hills Hills Precinct bungalow for over a year now...
Still cannot get the garbage collected regularly.. still don't have the correct front door.. it goes on and on..
[video=youtube;XbqCo0l09hY]http://www.youtube.com/watch?v=XbqCo0l09hY&feature=related[/video]
We were woken up at 845AM by the sounds of heavy construction. This was supposed to be a public holiday...it's Deepavali. Horizon Hills management made a very big deal about there being no work allowed on this public holiday.
As you can see.. they were very busy... this is typical of Horizon Hills Develeopment.. they say one thing and do another, with little regard for their homeowners who have paid millions of dollars to live here.
I SMS'ed Mr. Lim Chai Seng, the Assistant General Manager..he replied with an "apology" and said he was sending instructions to stop them... BULLSHIT... as you can see from the next video taken an hour later, they not only continued to work, but increased their workforce and were working steadily at 3 worksites on a Public Holiday.
Hehee...Save my trip for going in again. Thank you HorizonHillsGCC's for uploading the latest update on construction of 'the golf' in youtube
[video=youtube;gx05hEJ9nWU]http://www.youtube.com/watch?v=gx05hEJ9nWU[/video]
Construction noise intensified... this was supposed to be a freakin' public holiday! HORIZON HILLS DEVELOPMENT SDN BHD issued a notice "No work on Deepavali Public Holiday".. this is a developer that says one thing and does another. They could care less about their homeowners, or whatever laws there are.. they make their own rules, then break them.
Good luck trying to get them to help you with a problem once you've paid your $$$... they push everything back to the contractor.. again..good freakin luck! Is this a developer you want to give a few million $$ to?
They apologize constantly AFTER the damage is done! Ha-ha... what a joke...There is a reason why Malaysian real estate is so much cheaper than Singapore...think about it friends.. we made a big freakin mistake buying here. We've been "rectifying" problems in our Horizon Hills Hills Precinct bungalow for over a year now...
Still cannot get the garbage collected regularly.. still don't have the correct front door.. it goes on and on..
[video=youtube;XbqCo0l09hY]http://www.youtube.com/watch?v=XbqCo0l09hY&feature=related[/video]
We were woken up at 845AM by the sounds of heavy construction. This was supposed to be a public holiday...it's Deepavali. Horizon Hills management made a very big deal about there being no work allowed on this public holiday.
As you can see.. they were very busy... this is typical of Horizon Hills Develeopment.. they say one thing and do another, with little regard for their homeowners who have paid millions of dollars to live here.
I SMS'ed Mr. Lim Chai Seng, the Assistant General Manager..he replied with an "apology" and said he was sending instructions to stop them... BULLSHIT... as you can see from the next video taken an hour later, they not only continued to work, but increased their workforce and were working steadily at 3 worksites on a Public Holiday.
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Re: Investing in Nusajaya
From what I heard from property agent, brand new and unfurnished G&G terrace at Bukit Indah already asking Rm1.75k rent.
From what I heard from property agent, brand new and unfurnished G&G terrace at Bukit Indah already asking Rm1.75k rent.
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Re: Investing in Nusajaya
Gentlemen and ladies,
If the developer sale has little choice units left, don't dismiss the resale market completely. There are very "prominent" bros here who bought resale and have absolutely no "repercussions" as compared to buying new. If you do some research you will spot "pockets of opportunities" in the resale market
Gentlemen and ladies,
If the developer sale has little choice units left, don't dismiss the resale market completely. There are very "prominent" bros here who bought resale and have absolutely no "repercussions" as compared to buying new. If you do some research you will spot "pockets of opportunities" in the resale market
Re: Investing in Nusajaya
Just few days back someone here rented a terrace at HH for 1.8K isnt it ?
Consider low if based on current price of 600K - 700K , but is OK if owner brought it at the 300K range .
Just few days back someone here rented a terrace at HH for 1.8K isnt it ?
Consider low if based on current price of 600K - 700K , but is OK if owner brought it at the 300K range .
Re: Investing in Nusajaya
Rental market is a joke in JB lah !
You move around JB , how often you come across a FTs that earn 5 - 10K a month ?
I have yet to met one in my 3yrs stay in JB lor. But back in SG, everywhere I go , I sure to see one. KNN , Singapore is the only country in the world where FTs stay terrace houses and senior citizen wipe tables and clean toilet one.
So who you want to rent your house to in JB ?
Rental market is a joke in JB lah !
You move around JB , how often you come across a FTs that earn 5 - 10K a month ?
I have yet to met one in my 3yrs stay in JB lor. But back in SG, everywhere I go , I sure to see one. KNN , Singapore is the only country in the world where FTs stay terrace houses and senior citizen wipe tables and clean toilet one.
So who you want to rent your house to in JB ?
correct. But u can always park some money in the account to offset the interest.
For a loan of 720k, eventually will be up to 700+ per month, depending on how much the HH has taken from the bank.
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Re: Investing in Nusajaya
I am definitely not prominent but i have bought 3 units resale, the rest straight from the developer. 2 to invest and 1 was at least 50% because i wanted to help someone i thought was my "bro". Anyway hard lesson learnt there. No issues with the other 2 units subsale.
The main problem (actually only problem) i had with a subsale was in the unit i bought from this "bro".
The one i thought was my only real friend in Johore.
Anyway its really sad but to cut a long story short, towards the end, didn't honour what he said earlier and made it worse by repeatedly promising (and not delivering) and not transferring DMC. Even said i maligned him when i spoke online about it(when first i tried to contact him many times and he did not respond for months) Then sent me rude SMS when i said i wanted to resolve this amicably. Maybe i wasn't tactful or nice enough. For all the shennigans, in the end, he did all this in vain. Lawyer side told me lots of stuff and in a way some of the people he knew also tried to drum me up to take action but i declined, just felt sad enough at that time.
Turns out in the end it would affect him adversely if the DMC (with HH and etc) wasn't completed (taxation and other issues) and then he asked lawyer side to chase me repeatedly.(probably fearing i would do the same to him)
I didn't want to make things difficult for him and by the time the lawyer side called me, i already did all the necessary things and paid up the necessary stuff so the transfer went ahead smoothly. He probably will never know this but i paid all the tax stuff ahead already for him before i even did the rest of my other properties, didn't want to affect him buying other properties as he is still young.
Still, no hard feelings any more but just to share all on the pitfalls, just get all the paperwork done and don't just depend on trust no matter how much you like or trust someone. Imagine, back then i trusted this guy more than alot of my family members.
I still do alot of business based on trust but i learnt a hard lesson in life.
Gentlemen and ladies,
If the developer sale has little choice units left, don't dismiss the resale market completely. There are very "prominent" bros here who bought resale and have absolutely no "repercussions" as compared to buying new. If you do some research you will spot "pockets of opportunities" in the resale market
I am definitely not prominent but i have bought 3 units resale, the rest straight from the developer. 2 to invest and 1 was at least 50% because i wanted to help someone i thought was my "bro". Anyway hard lesson learnt there. No issues with the other 2 units subsale.
The main problem (actually only problem) i had with a subsale was in the unit i bought from this "bro".
The one i thought was my only real friend in Johore.
Anyway its really sad but to cut a long story short, towards the end, didn't honour what he said earlier and made it worse by repeatedly promising (and not delivering) and not transferring DMC. Even said i maligned him when i spoke online about it(when first i tried to contact him many times and he did not respond for months) Then sent me rude SMS when i said i wanted to resolve this amicably. Maybe i wasn't tactful or nice enough. For all the shennigans, in the end, he did all this in vain. Lawyer side told me lots of stuff and in a way some of the people he knew also tried to drum me up to take action but i declined, just felt sad enough at that time.
Turns out in the end it would affect him adversely if the DMC (with HH and etc) wasn't completed (taxation and other issues) and then he asked lawyer side to chase me repeatedly.(probably fearing i would do the same to him)
I didn't want to make things difficult for him and by the time the lawyer side called me, i already did all the necessary things and paid up the necessary stuff so the transfer went ahead smoothly. He probably will never know this but i paid all the tax stuff ahead already for him before i even did the rest of my other properties, didn't want to affect him buying other properties as he is still young.
Still, no hard feelings any more but just to share all on the pitfalls, just get all the paperwork done and don't just depend on trust no matter how much you like or trust someone. Imagine, back then i trusted this guy more than alot of my family members.
I still do alot of business based on trust but i learnt a hard lesson in life.
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Bros who are thinking of buying properties here mainly to rent out. Only some areas are good, most aren't so great, at least not yet.
A bro of mine has several and most of his are terraces. His are $2500-$2800. He shared with me only has one family (his tenants) that he likes a lot (i actually recommended them to him if i am not mistaken) so always kept low for them. My semi-d neighbours has no issues with renting out at 5000MYR or more. These are fully furnished units, just sharing some experience in The Gateway, your mileage may vary.
I was able to rent out some units and some references:
The Gateway:
1. Terrace - $2600 MYR
2. Terrace - $2800 MYR
3. Cluster - $3600 MYR
All fully furnished with aircon units, curtains, dining sets, wardrobe sets water heaters, sofa sets, queen/king sized beds, lighting/fans, kitchen stoves, etc. Only things required are some shelves/cupboards and personal clothing. Average of 1-3 months within taking of keys to rent out. Rented without the use of agents except for the Cluster one as i wanted a higher price.
A bro of mine has several and most of his are terraces. His are $2500-$2800. He shared with me only has one family (his tenants) that he likes a lot (i actually recommended them to him if i am not mistaken) so always kept low for them. My semi-d neighbours has no issues with renting out at 5000MYR or more. These are fully furnished units, just sharing some experience in The Gateway, your mileage may vary.
I was able to rent out some units and some references:
The Gateway:
1. Terrace - $2600 MYR
2. Terrace - $2800 MYR
3. Cluster - $3600 MYR
All fully furnished with aircon units, curtains, dining sets, wardrobe sets water heaters, sofa sets, queen/king sized beds, lighting/fans, kitchen stoves, etc. Only things required are some shelves/cupboards and personal clothing. Average of 1-3 months within taking of keys to rent out. Rented without the use of agents except for the Cluster one as i wanted a higher price.
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Re: Investing in Nusajaya
For the past few mths of daily researching n reading up on Iskandar's properties, have found many useful info n insights frm various forums, of which 1 would be right here...and happy to say that i have secured a new unit myself. However since the beginning up till now, everyday i read up on new posting with mix emotions. 1st-ly im a msian myself (a spr), like many im buying a house for own consumption yet do not want to be too far away frm spore as i've spent most of my life in SG, where all my good friends are sporean, thus johor properties seem like a natural choice. Next , i belive what im gona say will probably ruffle some feathers.
On 1 hand being a m'sian i would love to see msia (specifically in this context, johor) prosper and achieve economic progress, on the other hand, i feel upset whenever i hear abt sporean getting ripped off doing business in msia, or paid for a housing project that gets abandoned halfway thru or...take the plunge into a purchase and got confused into buying something that's overpriced.
Now my rantings....in this particular forum which draws thousands of readership regarding properties in iskandar johor, im not surprised that there are many many johor real estate agents amongst us here, and i see some really clever marketing of properties. Well fine, as long as genuine house hunters get useful info, then all is good. But increasingly i smell many rats n smelly fishes doing their rounds in a bid to apply pressure on potential purchasers to committ on a purchase (there are only a handful of active agents in johor's market, by coming together to promote properties, its only a matter of time when the units they are marketing gets picked, so its really ok to remain anonymous n continue posting here). So genuine home hunters, do not just believe all that you read, property purchase is (no matter how cheap, or no matter how strong SG currency is) proceed with care and do your own logical research b4 you take that plunge.
Last but not least, to our friend spidey's post, here's my 2 cents worth:
My summary /interpretation is this: From a fresh reader's perspective, i would have interpreted it as: Damn, i better hurry up n buy smthing cos even at 500k i cant get a decent gated&guarded house....wat the heck, 600k quickly go grab 1st. After buying n move in, realise neighbour's house for sale for 400k for past 6 mths still no buyer, end up either auction or sell to his/her agent for 350k. End of the day sporean buy expensive/overpriced house, poor uneducated johor uncle sell house away cheaply, housing market gets inflated, local johorean blames sporean for high property prices. Well, i might get shot n flamed for this long posting, but i sincerely hope there are as many who will benefit frm my sharing.
For the past few mths of daily researching n reading up on Iskandar's properties, have found many useful info n insights frm various forums, of which 1 would be right here...and happy to say that i have secured a new unit myself. However since the beginning up till now, everyday i read up on new posting with mix emotions. 1st-ly im a msian myself (a spr), like many im buying a house for own consumption yet do not want to be too far away frm spore as i've spent most of my life in SG, where all my good friends are sporean, thus johor properties seem like a natural choice. Next , i belive what im gona say will probably ruffle some feathers.
On 1 hand being a m'sian i would love to see msia (specifically in this context, johor) prosper and achieve economic progress, on the other hand, i feel upset whenever i hear abt sporean getting ripped off doing business in msia, or paid for a housing project that gets abandoned halfway thru or...take the plunge into a purchase and got confused into buying something that's overpriced.
Now my rantings....in this particular forum which draws thousands of readership regarding properties in iskandar johor, im not surprised that there are many many johor real estate agents amongst us here, and i see some really clever marketing of properties. Well fine, as long as genuine house hunters get useful info, then all is good. But increasingly i smell many rats n smelly fishes doing their rounds in a bid to apply pressure on potential purchasers to committ on a purchase (there are only a handful of active agents in johor's market, by coming together to promote properties, its only a matter of time when the units they are marketing gets picked, so its really ok to remain anonymous n continue posting here). So genuine home hunters, do not just believe all that you read, property purchase is (no matter how cheap, or no matter how strong SG currency is) proceed with care and do your own logical research b4 you take that plunge.
Last but not least, to our friend spidey's post, here's my 2 cents worth:
My summary /interpretation is this: From a fresh reader's perspective, i would have interpreted it as: Damn, i better hurry up n buy smthing cos even at 500k i cant get a decent gated&guarded house....wat the heck, 600k quickly go grab 1st. After buying n move in, realise neighbour's house for sale for 400k for past 6 mths still no buyer, end up either auction or sell to his/her agent for 350k. End of the day sporean buy expensive/overpriced house, poor uneducated johor uncle sell house away cheaply, housing market gets inflated, local johorean blames sporean for high property prices. Well, i might get shot n flamed for this long posting, but i sincerely hope there are as many who will benefit frm my sharing.
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Bro I have some qns.
1. There doesn't seem to be a very huge expat population in JB. So where could this rental potential be from?
2. How long is the tenancy agreement?
3. What is the rental price range for semi-d in HH assuming fully furnish unit?
4. Is it easier to rent out a smaller unit like terrace/cluster compare to semi D? If so, does it mean longer waiting time to rent out for semi d?
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Thanks for sharing Goreng Pisang, i am sure that there are definitely agents here doing their job. I always like to believe that they mean no harm but as always, this is mainly about living in JB so its just to share findings. Maybe Spidey didn't really look at subsales? Its good that you shared this so people can see that there are still good gems around.
Speaking of agents. I myself was in the very beginning accused by people (not referring to you HorizonHills) to be an agent or having ulterior motives and even just recently, the lady friend of my Italian buddy even said loudly i must be getting commissions when i brought them to view houses.
Today, even though they were all here with new friends to look at houses, i didn't join them as i didn't want them to misunderstand but i did send SMS to offer my help where i can. I was busy with work today and just had a fall yesterday so wasn't too well anyway but mainly i just want to avoid having to explain myself.
Speaking of agents. I myself was in the very beginning accused by people (not referring to you HorizonHills) to be an agent or having ulterior motives and even just recently, the lady friend of my Italian buddy even said loudly i must be getting commissions when i brought them to view houses.
Today, even though they were all here with new friends to look at houses, i didn't join them as i didn't want them to misunderstand but i did send SMS to offer my help where i can. I was busy with work today and just had a fall yesterday so wasn't too well anyway but mainly i just want to avoid having to explain myself.
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