Do you mean for Laguna or in general?
I would say that they must know better if they are using this as a reason not to buy.
In general since sceptics stereotyped the lack of resale demand given the large supply and dibs
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New developments to share
- Thread starter wuqi256
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In general since sceptics stereotyped the lack of resale demand given the large supply and dibs
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Sceptic are always smarter than the rest of us as they do not need to risk anything, if proven wrong, it's just the other guys are lucky, etc and no more is heard. They do raise up valid points as well though and act as a brake which is good.
Only have issues with trolls who pretend to be skeptics or real skeptics who are trolls. When proven wrong, they come back in other guises/monikers to diss things, pretending to discuss topics and then subtly making it sound bad or too difficult to discourage others. Then they pretend to be living here, pretending to be local etc or multiple property owner. (stories changes frequently) While others improve on their lot, they improve on their vitriolic as they watch their own lives go by.
When proven right though, they will never let it end. Still it is good though, as a bro said, it helps to keep the causeway clear. Like what a bro has highlighted, combination of school holidays plus public holiday and some one complains about the traffic jam at the causeway at 9am on the public holiday itself, really? Either common sense is getting as rare as rhodium or perhaps they are just trying too hard. Kudos for their efforts though.
Back to your question, a certain chap from SG (11B holder as well) sold 4 properties in Bukit Indah area within 2 months in Dec last year. Through agents though but he did manage to get them sold.
All houses were sold at least 200k above valuation. Another gentleman sold 7 houses in 5 months from August. Yet another group of friends are still inundated with calls to sell though some of them have already sold in Nov last year or just a couple of months back. (Of course things may change in the future, no one can guarantee it so as always, due diligence is the prerequisite.)
Most of them have now bought other sub sale units or new developments again under my bad influence.
Depending on the development, valuation can be ones best friend or worst enemy. Imagine more than a few oases that sold for almost a million had ultra low valuation which the banks only revised later (shortly) given that it was based on old data or assessment.
One European chap was unfortunately too trusting of the valuation system, the valuation of the place he wanted was revised twice and another bank valued it almost at 180k more then the famously conservative bank. He only found that out when the unit was sold at the sellers asking price in that same month.
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Looks like state levy will be going up soon.
Tan reminds locals to take opportunities due to boom in developments
Posted on March 30, 2013 - Featured, Property News.
By MOHD FARHAAN SHAH
[email protected]
JOHOR BARU: Locals must be ready to grab opportunities here due to the boom in developments in Johor. This is to ensure that they are not left behind said state exco member Tan Kok Hong.
He pointed out that many foreigners including Singaporeans want to make Johor their new home due to the many housing projects that was quite affordable for them and various mega projects state wide that had changed the landscape drastically here.
Tan, who is the state International Trade, Industry, Energy, Water, Communications and Environment Committee chairman, said besides Singaporeans, those from Japan, South Korea and European countries were also making Johor Baru and Pasir Gudang their new homes.
“However the state government only allows housing developers to sell 20% of their housing project to foreigners with a ceiling price of RM500,000,” he said.
Tan also said with the ongoing developments in the state due to the Iskandar Malaysia and the Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, it would attract more foreigners to come to Johor.
“With the high-speed rail link project that will cut travelling time between Singapore and Kuala Lumpur to just 90 minutes, Johor is expected to benefit the most.
“Excitement is already growing not only among Singaporeans and Malaysians about the train but also from multinational companies that want to invest in the country especially in Johor,” he said.
Tan said this to pressmen after officiating Dynasty View Sdn Bhd latest housing project at Seri Austin Hills here recently.
He also said that many foreign owned companies including Singapore companies preferred to invest in the state due to the low cost of living, better connectivity and good infrastructure including international schools and foreign universities in Nusajaya.
“This is actually a good time for locals to also buy properties here to invest or set up new businesses.
“Locals should not be scared of the ever increasing number of expatriates but must see it as a business opportunity for them,” he said.
Related Articles:
Tan reminds locals to take opportunities due to boom in developments
Posted on March 30, 2013 - Featured, Property News.
By MOHD FARHAAN SHAH
[email protected]
JOHOR BARU: Locals must be ready to grab opportunities here due to the boom in developments in Johor. This is to ensure that they are not left behind said state exco member Tan Kok Hong.
He pointed out that many foreigners including Singaporeans want to make Johor their new home due to the many housing projects that was quite affordable for them and various mega projects state wide that had changed the landscape drastically here.
Tan, who is the state International Trade, Industry, Energy, Water, Communications and Environment Committee chairman, said besides Singaporeans, those from Japan, South Korea and European countries were also making Johor Baru and Pasir Gudang their new homes.
“However the state government only allows housing developers to sell 20% of their housing project to foreigners with a ceiling price of RM500,000,” he said.
Tan also said with the ongoing developments in the state due to the Iskandar Malaysia and the Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, it would attract more foreigners to come to Johor.
“With the high-speed rail link project that will cut travelling time between Singapore and Kuala Lumpur to just 90 minutes, Johor is expected to benefit the most.
“Excitement is already growing not only among Singaporeans and Malaysians about the train but also from multinational companies that want to invest in the country especially in Johor,” he said.
Tan said this to pressmen after officiating Dynasty View Sdn Bhd latest housing project at Seri Austin Hills here recently.
He also said that many foreign owned companies including Singapore companies preferred to invest in the state due to the low cost of living, better connectivity and good infrastructure including international schools and foreign universities in Nusajaya.
“This is actually a good time for locals to also buy properties here to invest or set up new businesses.
“Locals should not be scared of the ever increasing number of expatriates but must see it as a business opportunity for them,” he said.
Related Articles:
You probably missed the last part of the video. Due to the lowered property prices, more people are moving into the city and there are more shops. It was probably priced too expensive in the first place. With time, errors in property investment will be corrected. My take on Iskandar as an owner-stayer is it is expanding too fast. I prefer a less hectic, less crowded and less expensive weekend or holiday place. An investor would of course prefer the opposite.
Here is what happens if there are really shortages of resources when development moves at breakneck speed: http://www.scmp.com/comment/insight...gh-stakes-involved-shenzhens-concrete-scandal
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Well you are a Zone A man. Did you research on the infrastructure in this zone?
Bro see stars seeing the big piece of land. :*:
As big as leisure farm.
Beautiful.
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But too bad.. is not a FH.. Otherwise I maybe keen on this development..
So is not a FH rite??
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I am wrong.......
I am not Zone A man........I find zone A too big.
I am only interested in JB Sentral and nothing else. (I meant condos)
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If it is developed into one of those thematic, Club Med-style retirement village, that would be nice. Then LH does not really matter.
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Okay if it is a bungalow. Not okay if it is a condo,
sunway pendas area is freehold if i am not wrong
Yes, about 2/3 of the land is F/H. The rest in zone F leasehold but heard is renewable 140 years lease. U will be surprise that they may launching it by year end.
If u been Bandar Sunway KL, u will notice they have their own strong security polices team. Their chairman is also actively involving n an honourable committee in Selangor state police force. Strong security within their township always their selling points.
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