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New developments to share

On the other hand there are some who swear by traffic free conditions 24/7, so empty houses are not a concern.

Actually empty houses are always a concern, not just in MY but across the globe. In MY where crime rate isnt low, it's actually more of a concern esp if > 60% of hosues are unoccupied.
 
My habit to use built-up for comparison against condos. So it should be land area and now the $500k RM quantum looks more affordable to the young middle class around 30 years old. With this new figure and the news of the desperate developer that cannot secure low cost land, it seems that those in the young middle class will have difficulty buying new launch, so they will have to settle for re-sale landed, while the sellers upgrade to the new G&G landed. Having said that, I have difficulty finding new launches around $500k RM except for a few pockets of new developments in Tebrau and towards the eastern side of JB.

i agree with you. it's good news. if 550k RM is the new 'affordable middle class' house, then what i paid is not too high, which limit my downside (hopefully). as you know, i bought rather late.
 
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i agree with you. it's good news. if 550k RM is the new 'affordable middle class' house, then what i paid is not too high, which limit my downside (hopefully). as you know, i bought rather late.

Don't worry, Singapore is moving towards pigeon hole style of housing in Hong Kong.

Last week there was a crazy land bid by F&N in Yishun: http://sbr.com.sg/residential-property/news/why-fraser-neaves-143b-yishun-site-bid-was-worth-it . If Yishun condo is going for more than S$1500 psf next year, then Johor landed properties near Singapore all have very tremedous upside potential.

So you are still not late. I think we are probably around 60% point to the tremedous upside before the bull run slows down appreciably in 2015/2016. And probably picks up again in 2018-2020 when the RTS and HSR are nearly ready.
 
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noticed clearing of mangroves to make way for ah lim hospital in permas jaya. :D

RM500k is a high income figure for mly earners. :)
 
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calculation based on land, not built up. small terrace is 20x70. so 350-400 psf x 1400= 490 - 560K. which is BDO recent launch price.

u found roasted meat in BDO? titter.gif
 
M, why do you keep deleting my posts? I am not posting any more R-rated materials already!!!
 
May I know near which location of Permas Jaya?

paisei, think i shd put stulang instead. ( i just recalled when i visited a condo which shown e development plan of the area, but it could be a fake.) :p
 
oic
I called Bandaraya sales office to enquire, but they said din hear anything on this.
It would be good if can built a hospital in Permas Jaya, extra amenities in the area also means house value goes up.

paisei, think i shd put stulang instead. ( i just recalled when i visited a condo which shown e development plan of the area, but it could be a fake.) :p
 
oic
I called Bandaraya sales office to enquire, but they said din hear anything on this.
It would be good if can built a hospital in Permas Jaya, extra amenities in the area also means house value goes up.

There is already the Regency hospital a bit further east at Seri Alam, can use medisave also.
 
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I know it's not news but wanna share the news anyway.

heard from the grapevine that all the developers are afraid of the unknown - the upcoming budget. afraid that buyers will pull out if new measures are too drastic. all the lawyers and bankers are working overtime to churn out SPA and loan offer letters. So much so that Malay staff are threatening to quit. Reason cited - overwork. On the bright side, I suspect many ppl will get to finalise their purchases soon.

also witnessed first hand how the white collar Malays in JB work. really vomit blood.

was also told abt the unfair demands that the politicians make the developers fork out to get their permits approved.

Malaysian Boleh!!! sigh...
 
I know it's not news but wanna share the news anyway.

heard from the grapevine that all the developers are afraid of the unknown - the upcoming budget. afraid that buyers will pull out if new measures are too drastic. all the lawyers and bankers are working overtime to churn out SPA and loan offer letters. So much so that Malay staff are threatening to quit. Reason cited - overwork. On the bright side, I suspect many ppl will get to finalise their purchases soon.

also witnessed first hand how the white collar Malays in JB work. really vomit blood.

was also told abt the unfair demands that the politicians make the developers fork out to get their permits approved.

Malaysian Boleh!!! sigh...

As the saying goes, when you are in Rome, you play by the Roman rules. If you try to judge others by your own standards, very likely you will vomit blood and die of frustrations. But one day, you will get used to it and life will be then be better as expectations will be reviewed.

Malaysian developers and politicians are very intertwined. It is the politicians who control the local councils and most of the time, developers will have to contribute to the cost of infrastructure to be built. Every developer will want to look after its own turf and no one want to pay for public access roads or flyovers. Some even want them to contribute towards its HQ building fund in exchange for building plan approvals. Sometimes local councils do not have plans for hillslope controls and erosions/ landslide will occur.

Today's Star newspaper reported 18 landslides occurred in Penang over the last few days.

Meanwhile, residents in Tanjung Bungah are worried for their safety after several landslides also occurred there at around 11pm on Thursday.

A resident from a condominium, who was taking his usual morning walk in Solok Tanjung Bungah, said mounds of earth and a big boulder crashed down from the hill on Wednesday morning.

Another landslide occurred the following day.

“The authorities should take extra precautionary measures and act fast when such incidents occur.

“I think the developers did not have a proper plan when carrying out their projects and this is the consequence,” he said.

Tanjung Bungah assemblyman Teh Yee Cheu said he reported to the Penang Municipal Council upon learning about the landslide.

“MPPP has ordered clearing work to start immediately,” he said.

Workers from the condominium developer were busy clearing the debris when The Star visited the scene yesterday morning.
 
As the saying goes, when you are in Rome, you play by the Roman rules. If you try to judge others by your own standards, very likely you will vomit blood and die of frustrations. But one day, you will get used to it and life will be then be better as expectations will be reviewed.

Juz like how the FTs and SPRs in Sinkieland. Have to get used to the stress, kia si and kia su sydrome. Likewise when we wish to stay in JB/Msia, we have to adjust ourselves accordingly to the locals way of life. If expect standard to be at par with sinkieland, i am afraid one will be in disappointment.
 
also witnessed first hand how the white collar Malays in JB work. really vomit blood.
.

but they are also very nice, humble and gentle people, for eg: they will apologize sincerely if they make mistake. so just let it go. rilak la brudder!
 
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