New developments to share

[sgtsk]

Sorry to offend a lot of bros here.......

So far they have only launch zone B and Zone C,D,E is coming.

It remind me of a song.......Endless Love.

You are right, IM has a horizon for 25 years development. IMHO, if the global economy continues to improve, then price upward pressure could sustain, with occasional knock back by tail end risks(such as the likes of SARS, major conflicts, economic disaster/crashes or others, if any). The demand and supply situation in long term should be closer to equilibrium. Of course, the competence of relevant authorities and players counts.

 

[DCputeri]

Yup. Great choice and good strategy.That is why never sell my FH properties in CBD. Can still get good rental returns of more than 6% as compared to the new LH properties.

 

[FHBH12]

Anyone went to the property fair by PropertyGuru over the weekend? How was the response?

http://www.propertyguru.com.my/property-news/2013/3/8645/malaysia-property-show-back-in-singapore

 

[molecule]

went property fair by property guru. many talks and good crowd but most exhibitors are doing more of education or awareness as most good units are sold out. Interesting to note Maybank was offering sin loan for malaysia property. Sibor + 2.5% which is lower than malaysia bank so it is good news and we may be able to look into that.

 

[shctaw]

In Singapore only Shenton Way have FH condos; in Marina Bay's properties they are all LH.
I guess if all are LH; it is fine.

Location really matter a lot; because I have been screwed before in my property investment and I am seeing a lot of Singaporeans raising their anal preparing themselves to be screwed.

Yup. Great choice and good strategy.That is why never sell my FH properties in CBD. Can still get good rental returns of more than 6% as compared to the new LH properties.

 

[Daydreamer]

went property fair by property guru. many talks and good crowd but most exhibitors are doing more of education or awareness as most good units are sold out. Interesting to note Maybank was offering sin loan for malaysia property. Sibor + 2.5% which is lower than malaysia bank so it is good news and we may be able to look into that.

Really? Maybank do offer Singapore loan to purchase Malaysia properties? Thats a break through. We try OCBC but their misleading ad in their .com.sg its actually a Malaysia branch using Malaysia interest rate.

 

[AADC6970]

Really? Maybank do offer Singapore loan to purchase Malaysia properties? Thats a break through. We try OCBC but their misleading ad in their .com.sg its actually a Malaysia branch using Malaysia interest rate.

went property fair by property guru. many talks and good crowd but most exhibitors are doing more of education or awareness as most good units are sold out. Interesting to note Maybank was offering sin loan for malaysia property. Sibor + 2.5% which is lower than malaysia bank so it is good news and we may be able to look into that.

CIMB Spore also advertised in Business Times that they offer SGD loan for Msia properties. Not sure of the loan rates and how the banks determine the exchange rate though.

 

[Skooz]

anybody heard of any mrt station being planned for in jb as one salesatff at medini says that there are 3 stations from jb city to medini and bt indah seems confused as she is sure about the plan or maybe she is promoting her units for buyers .

 

[sgtsk]

as long as in flow of money, expansion of credit and money flows continue in East Asia, prices will continue to have upward pressure. For few or several years down the road, we need to watch if bubbles are forming and when they are going to burst, and plan and not run for the exit.

The article below is in Chinese(apology). I will update when I find the English one.

http://www.sginsight.com/xjp/index.php?id=9653

 

[FHBH12]

anybody heard of any mrt station being planned for in jb as one salesatff at medini says that there are 3 stations from jb city to medini and bt indah seems confused as she is sure about the plan or maybe she is promoting her units for buyers .

There is one in the plans. But not sure whether it will materialise. Often this requires acquisition of land and properties to start construction. I haven't read or heard of anything yet, so my guess is all on paper at the moment, until traffic congestion forces the government to look into it seriously. But then road toll may make more sense to the government.

 

[1nottiboy]

I was introduced to a so called "expert" Singaporean who is based in JB. So he provided me with "inside news" - i.e. HSR will have a stop at Kempas. Turned out, he was wrong!

Anyway, this expert claimed that the MRT will have one stop in JB CBD vicinity and will terminate at Kempas. He didn't mention about any stops in between.

Judging from his track record on the HSR, I would think that his "inside news" is unreliable.

Personally, I don't think the MRT will continue from the Tuas side to Nusajaya. The HSR stop is gonna be there and it is just one stop to SG. The HSR stop in SG would probably link up with one of the Tuas stations.

As for the MRT linking all the way past JB CBD, I find it doubtful too. There are the operations and maintainence issues, not to mention allocation of costs and ownership rights of the tracks and trains, blah blah... I think you get the idea. As much as it is not cost minimizing to build only one station, it is politically too troublesome to build a SG MRT all the way to Kempas. I suspect a JB version of MRT/LRT will link to the SG version.

After typing out all of the above, I must confess that I am no transportation or political expert. So my advice to all interested parties here is to just wait for the news. Everything else is pure speculation.

anybody heard of any mrt station being planned for in jb as one salesatff at medini says that there are 3 stations from jb city to medini and bt indah seems confused as she is sure about the plan or maybe she is promoting her units for buyers .

 

[Newbie11]

i heard abt kempas being a stop too from the ppl involved in tropika.

 

[1nottiboy]

The girl at the Mahsing booth was quite cute so I decided to chat her up. nice face but small boobs. anyway I asked her about their project at Medini and she said it starts from RM750. (registration of interest only for now-for the project. not for the girl )I thought that's pricey. What do you guys think?

went property fair by property guru. many talks and good crowd but most exhibitors are doing more of education or awareness as most good units are sold out. Interesting to note Maybank was offering sin loan for malaysia property. Sibor + 2.5% which is lower than malaysia bank so it is good news and we may be able to look into that.

 

[iforum]

Hi,

Can share more about the 11B guy who sold his properties please? I think anything is possible.
There are some areas where demand is really Hot.

Thanks

 

[AADC6970]

I was introduced to a so called "expert" Singaporean who is based in JB. So he provided me with "inside news" - i.e. HSR will have a stop at Kempas. Turned out, he was wrong!

Anyway, this expert claimed that the MRT will have one stop in JB CBD vicinity and will terminate at Kempas. He didn't mention about any stops in between.

Judging from his track record on the HSR, I would think that his "inside news" is unreliable.

Personally, I don't think the MRT will continue from the Tuas side to Nusajaya. The HSR stop is gonna be there and it is just one stop to SG. The HSR stop in SG would probably link up with one of the Tuas stations.

As for the MRT linking all the way past JB CBD, I find it doubtful too. There are the operations and maintainence issues, not to mention allocation of costs and ownership rights of the tracks and trains, blah blah... I think you get the idea. As much as it is not cost minimizing to build only one station, it is politically too troublesome to build a SG MRT all the way to Kempas. I suspect a JB version of MRT/LRT will link to the SG version.

After typing out all of the above, I must confess that I am no transportation or political expert. So my advice to all interested parties here is to just wait for the news. Everything else is pure speculation.

there is a 2025 "white-paper" on transport network for IM. very comprehensive infrastructure development initiatives and planning with MRT, LRT, park-and-ride etc.

link is http://www.iskandarmalaysia.com.my/pdf/cdp/19._Chapter16_-_Transit_Oriented_Development.pdf

 

[Jetstream]

there is a 2025 "white-paper" on transport network for IM. very comprehensive infrastructure development initiatives and planning with MRT, LRT, park-and-ride etc.

link is http://www.iskandarmalaysia.com.my/pdf/cdp/19._Chapter16_-_Transit_Oriented_Development.pdf

M'sia is notorious for policy flip-flopping. Plans for the immediate next 3 years can be changed at the drop of a hat, so I wouldn't bet 2 cents on any 25-yr white paper crystallizing according to plan. Sorry, that's just M'sia, truly Asia maybe, but many-a-time tak boleh

 

[cytan6613]

Iskandar not to match KL, Selangor yet

http://www.propertyguru.com.my/property-news/2013/4/8669/iskandar-not-to-match-kl-selangor-yet

Apr 1, 2013 - PropertyGuru.com.my

By Farah Wahida:

Despite increased sales in Johor since 2009, property demand in Iskandar Malaysia, would still take longer to match that in Selangor or Kuala Lumpur, according to PublicInvest Research.

“But the bulk of property sales, especially for the properties valued at RM500,000 and above is still driven by the market in Selangor and Kuala Lumpur. Hence, we believe the property demand despite showing encouraging uptrend, the sheer size of Iskandar Malaysia would mean that any meaningful sales growth going forward depends on the acceleration of foreign interests largely from Singapore to absorb the incoming supply.”

The recent cooling measures in Singapore have also fuelled interest in Iskandar Malaysia, noted PublicInvest.

“Ultimately, we believe the key is still tapping the demand from Singapore…With a bulk of the purchasers consisting of Singaporeans or Malaysians working in Singapore, we look at the sales trend of property both in Singapore and Johor,” it added.

The sheer size of Iskandar Malaysia, which is three times that of Singapore or 2,217 sq m, implies that demand will gradually normalise.

Notably, for properties above RM500,000 per unit, Johor sells about 1,000 units (from 300 units in 2008) compared with Kuala Lumpur’s 10,000 units and Selangor’s 18,000 units.

For hotspots, the research house likes Medini (Eastern & Oriental Bhd) and Nusajaya (UEM Land Holdings Bhd) as they house most of the catalytic projects, Danga Bay for offering the longest coastline as well as Leisure Farm for its well-designed master plan with golf courses, equestrian and multi–tiered security.

PublicInvest also believe that the proposed Johor Baru-Singapore rapid transit system and Kuala Lumpur-Singapore high speed rail will significantly improve rail connectivity within the area while adding more appeal to Iskandar Malaysia.


Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email [email protected]

 

[jade apple]

M'sia is notorious for policy flip-flopping. Plans for the immediate next 3 years can be changed at the drop of a hat, so I wouldn't bet 2 cents on any 25-yr white paper crystallizing according to plan. Sorry, that's just M'sia, truly Asia maybe, but many-a-time tak boleh

Even Singapore also keeps changing policy. There are also plans that did not materialised in time or at all. For example, Jurong Hospital was long overdue and the many cooling measures on purchasing of properties.

Politicians will change policy to rally for more vote.

 

[kopikong99]

Even Singapore also keeps changing policy. There are also plans that did not materialised in time or at all. For example, Jurong Hospital was long overdue and the many cooling measures on purchasing of properties.

Politicians will change policy to rally for more vote.

They promise to turn woodlands township into Orchard road type of retail by 1997. Newsapaper of this promise still keep.

Once voted, don't need the voters' support and before election change and offers drumstcik again.

 

[Jogger]

They promise to turn woodlands township into Orchard road type of retail by 1997. Newsapaper of this promise still keep.

Once voted, don't need the voters' support and before election change and offers drumstcik again.

Hoho Still remember someone said 'there will be a General Hospital in woodlands ave1' then no news anymore. when to build? mention it every 5years...