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New developments to share
- Thread starter wuqi256
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Re: The Epic 
不能隨意转售所持有的房產 : cannot anyhow sell their ppty ...some kind of restrictions mooted, not outright ban.
不能隨意转售所持有的房產 : cannot anyhow sell their ppty ...some kind of restrictions mooted, not outright ban.
Re: The Epic
NEW THEME PARKS IN PIPELINE: Irda finalising discussions with big operators from North America, Europe and Australia
THE Iskandar Region Development Authority (Irda) is finalising discussions with big theme park operators from North America, Europe and Australia.
However, Irda chief executive Datuk Ismail Ibrahim declined to name the potential investors coming to Iskandar Malaysia, saying that more details will be disclosed upon signing of agreements soon.
Ismail said Irda is planning to add four more theme parks in Desaru in Kota Tinggi, Mersing, Kulaijaya and Nusajaya, to complement Iskandar's current two theme parks, namely Legoland Malaysia and Hello Kitty Town.
Legoland Malaysia in Nusajaya is Asia's first and it recently marked its first anniversary.
There will be various theme parks to fulfil the needs of all age groups, including those who seek adventures, Ismail said after the launch of the Iskandar Malaysia Ecotourism Summit by the Sultan of Johor's consort Raja Zarith Sofiah Sultan Idris Shah at the Johor International Convention Centre yesterday.
Iskandar Malaysia is made up of five flagship key zones. They are Johor Baru city centre; Nusajaya; the Western Gate Development such as the Tanjung Pelepas Port and Ramsar sites, the Eastern Gate Development covering Pasir Gudang Port, Pasir Gudang Industrial Park, Tanjung Langsat Port and Tanjung Langsat Industrial Complex; and Senai.
There are three Ramsar sites in Johor, namely Pulau Kukup, Tanjung Piai and Sungai Pulai.
Ramsar sites refer to wetlands or mangrove forest.
Mersing is not located in the flagship zones but a theme park is being considered there.
Read more: Iskandar to see more investors http://www.btimes.com.my/Current_News/BTIMES/articles/parkk/Article/index_html#ixzz2hBPuk9Lw
NEW THEME PARKS IN PIPELINE: Irda finalising discussions with big operators from North America, Europe and Australia
THE Iskandar Region Development Authority (Irda) is finalising discussions with big theme park operators from North America, Europe and Australia.
However, Irda chief executive Datuk Ismail Ibrahim declined to name the potential investors coming to Iskandar Malaysia, saying that more details will be disclosed upon signing of agreements soon.
Ismail said Irda is planning to add four more theme parks in Desaru in Kota Tinggi, Mersing, Kulaijaya and Nusajaya, to complement Iskandar's current two theme parks, namely Legoland Malaysia and Hello Kitty Town.
Legoland Malaysia in Nusajaya is Asia's first and it recently marked its first anniversary.
There will be various theme parks to fulfil the needs of all age groups, including those who seek adventures, Ismail said after the launch of the Iskandar Malaysia Ecotourism Summit by the Sultan of Johor's consort Raja Zarith Sofiah Sultan Idris Shah at the Johor International Convention Centre yesterday.
Iskandar Malaysia is made up of five flagship key zones. They are Johor Baru city centre; Nusajaya; the Western Gate Development such as the Tanjung Pelepas Port and Ramsar sites, the Eastern Gate Development covering Pasir Gudang Port, Pasir Gudang Industrial Park, Tanjung Langsat Port and Tanjung Langsat Industrial Complex; and Senai.
There are three Ramsar sites in Johor, namely Pulau Kukup, Tanjung Piai and Sungai Pulai.
Ramsar sites refer to wetlands or mangrove forest.
Mersing is not located in the flagship zones but a theme park is being considered there.
Read more: Iskandar to see more investors http://www.btimes.com.my/Current_News/BTIMES/articles/parkk/Article/index_html#ixzz2hBPuk9Lw
Re: The Epic
Hopefully this 'restriction' is just about paying more RPGT or SSD.... Then it's still acceptable i feel, but some singaporeans may be wary that their investments may be trapped, if there are additional 'restrictions' after they have purchased.
Hopefully this 'restriction' is just about paying more RPGT or SSD.... Then it's still acceptable i feel, but some singaporeans may be wary that their investments may be trapped, if there are additional 'restrictions' after they have purchased.
Re: The Epic
On our Mediacorp news last night no. 2 was mentioned, so I think that is more or less confirmed. But nothing was said about the rest so we will have to wait and see.
On our Mediacorp news last night no. 2 was mentioned, so I think that is more or less confirmed. But nothing was said about the rest so we will have to wait and see.
Re: The Epic
Koh Brothers opens its first precast plant in Senai, Iskandar
By Lee Meixian [email protected]
Published October 09, 2013
Construction group Koh Brothers on Wednesday announced that its building materials unit, G & W Group, has kick-started operations at its first precast plant in Senai, within Iskandar, Malaysia.
The plant, sitting on a 47,000 sqm of freehold plot which G & W Group paid S$13 million for, is expected to be fully operational in the last quarter of 2013.
Its annual production capacity of 75,000m³ will likely boost G & W Group's total precast concrete capacity to 150,000m³ a year.
Francis Koh, managing director and group CEO of Koh Brothers, said: "The establishment of our new plant in Malaysia is timely, in view of Singapore's government's intention to ramp up housing supply."
He added: "In addition, the new plant's close proximity to our HQ in Singapore ensures highly efficient supply-chain management.
"The new plant is also expected to benefit our building materials arm significantly. Not only will the new plant enhance our productivity, it also brings greater cost efficiencies and therefore potential margin improvements."
http://www.businesstimes.com.sg/bre...s-first-precast-plant-senai-iskandar-20131009
Koh Brothers opens its first precast plant in Senai, Iskandar
By Lee Meixian [email protected]
Published October 09, 2013
Construction group Koh Brothers on Wednesday announced that its building materials unit, G & W Group, has kick-started operations at its first precast plant in Senai, within Iskandar, Malaysia.
The plant, sitting on a 47,000 sqm of freehold plot which G & W Group paid S$13 million for, is expected to be fully operational in the last quarter of 2013.
Its annual production capacity of 75,000m³ will likely boost G & W Group's total precast concrete capacity to 150,000m³ a year.
Francis Koh, managing director and group CEO of Koh Brothers, said: "The establishment of our new plant in Malaysia is timely, in view of Singapore's government's intention to ramp up housing supply."
He added: "In addition, the new plant's close proximity to our HQ in Singapore ensures highly efficient supply-chain management.
"The new plant is also expected to benefit our building materials arm significantly. Not only will the new plant enhance our productivity, it also brings greater cost efficiencies and therefore potential margin improvements."
http://www.businesstimes.com.sg/bre...s-first-precast-plant-senai-iskandar-20131009
Re: The Epic
The selling is allowed but need state consent, which means additional tax that's all.
The selling is allowed but need state consent, which means additional tax that's all.
Re: The Epic
Last time:
Foreigner buy property, pay RM10K which is about 1% of RM 1million
Then when he sell, he under declare on S&P, so pay little capital gains tax.
So in the end, foreigners make all the money.
Now is different.
Foreigner buy property, pay 5% tax
Foreigner sell property, pay capital gains tax
Foreign buyer of secondary property also pay 5% tax
I think the Government would continue to push more infra, rails and theme park projects to bring in more activities. The IRDA cannot keep spending and getting peanuts in taxes. Who knows in the end, State coffers have no money and all the projects would slow down affecting overall market sentiments.
Somebody is going to fund these projects and since the property market would rise in tandem, this is where "contributions' is going to come in.
Last time:
Foreigner buy property, pay RM10K which is about 1% of RM 1million
Then when he sell, he under declare on S&P, so pay little capital gains tax.
So in the end, foreigners make all the money.
Now is different.
Foreigner buy property, pay 5% tax
Foreigner sell property, pay capital gains tax
Foreign buyer of secondary property also pay 5% tax
I think the Government would continue to push more infra, rails and theme park projects to bring in more activities. The IRDA cannot keep spending and getting peanuts in taxes. Who knows in the end, State coffers have no money and all the projects would slow down affecting overall market sentiments.
Somebody is going to fund these projects and since the property market would rise in tandem, this is where "contributions' is going to come in.
Last edited:
Re: The Epic
China Premier said China very interested in doing this HSR project last week to Najib. If not given chance to participate tender, Najib sure lose face.
So yes, HSR is quite confirmed.
China Premier said China very interested in doing this HSR project last week to Najib. If not given chance to participate tender, Najib sure lose face.
So yes, HSR is quite confirmed.
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Re: The Epic
now foreigner realised obtaining state consent paper fast is si buay important.
now foreigner realised obtaining state consent paper fast is si buay important.
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Re: The Epic
Yes should be all those rich local, sweeping up few units at go and flip over to make profit...20%-30% link hse or bungalow(foreigners)....so left with 70% for bumi & local but most of the time all fully booked....I was wondering
Yes should be all those rich local, sweeping up few units at go and flip over to make profit...20%-30% link hse or bungalow(foreigners)....so left with 70% for bumi & local but most of the time all fully booked....I was wondering
- Joined
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Re: The Epic
When everyone all rush in to buy; it will create a bottle neck as the department may be short handed.
State consent may dragged until next year when the new property tax come into play.
When everyone all rush in to buy; it will create a bottle neck as the department may be short handed.
State consent may dragged until next year when the new property tax come into play.
Re: The Epic
I seriously prefer Japan HSR. China HSR's quality may suffer like our MRT. Imagine the train and track breaking down every few weeks.
I seriously prefer Japan HSR. China HSR's quality may suffer like our MRT. Imagine the train and track breaking down every few weeks.
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