only crazy people like him buy RF with their humongous 20-30K units.
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Property News
- Thread starter FHBH12
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only crazy people like him buy RF with their humongous 20-30K units.
Aiya Bro Gooddebt, no point arguing with this guy He never even buy any RnF property but keep praising RnF property skyhigh. So obvious isnt it? He will forever condemn all Setia n EcoWorld project. Let him be..He's the type that pocket no money but pretend like he alot of money kind of people.. Just let him syiok sindiri in this forum. Best part I don't know why people still keep entertaining him. He got nothing to contribute to the forum actually..Until the day he BUY a property then only come back here to talk big in front of us buyers..Other than that, let him win lor. .Let his Rn F win lor....
ya, seldom see such character
Local Demand for high-end condominiums expected to slow down
Aug 27, 2014
Within a year, local demand for high-end condominiums is expected to weaken primarily in the Kuala Lumpur City Centre (KLCC) area, revealed media reports.
According to Jones Lang Wootton Executive Director Malathi Thevendren, while more developers anticipated to tap foreign markets, the projection is based on the mismatch in the level of pricing by developers with local affordability.
“As there are not many people afford to buy the high-end condominiums, the supply must match the demand level.
“Some developers are even holding back their launches…(as) they know there’s no market,” she told Bernama on the sidelines of the 17th National Housing and Property Summit 2014 here today.
As a member of the Royal Institution of Chartered Surveyors and Registered Valuer and Estate Agents with the Board of Valuers, Appraisers and Estate Agent, Malaysia, Malathi has more than 25 years experience in real estate professional services and was a speaker at the two-day summit organised by the Asian Strategy and Leadership Institute (ASLI).
For affordable condominiums, Malathi said demand will see steady growth with young couples and professionals continuing to drive the market.
“People’s preferences are still for landed residential properties. But because house prices have escalated over the past two to three years and way beyond the affordability level, many can’t afford to own such landed property,” she added.
“The market prices of most existing high-end condominiums are expected to be stable over the short-term, while prices of low to medium end condominiums at more popular locations, may see some appreciation,” said Malathi.
For new launches, prices are likely to increase in line with inflation and construction costs for labour, utility and new materials.
On supply, Malathi said it would see moderate growth with infrastructure, transportation improvements and condominium acceptance areas further from the city.
“With the expected slower demand and cost increases, developers are expected to maintain unit quantum prices, while reducing built up areas.
She added that among the challenges for the industry will be creating a sustainable property market, as well as the mismatch in supply and demand.
Farah Wahida, Editor of PropertyGuru, edited this story. To contact her about this or other stories email [email protected]
http://www.propertyguru.com.my/prop...-demand-for-high-end-condominiums-expected-to
Aug 27, 2014
Within a year, local demand for high-end condominiums is expected to weaken primarily in the Kuala Lumpur City Centre (KLCC) area, revealed media reports.
According to Jones Lang Wootton Executive Director Malathi Thevendren, while more developers anticipated to tap foreign markets, the projection is based on the mismatch in the level of pricing by developers with local affordability.
“As there are not many people afford to buy the high-end condominiums, the supply must match the demand level.
“Some developers are even holding back their launches…(as) they know there’s no market,” she told Bernama on the sidelines of the 17th National Housing and Property Summit 2014 here today.
As a member of the Royal Institution of Chartered Surveyors and Registered Valuer and Estate Agents with the Board of Valuers, Appraisers and Estate Agent, Malaysia, Malathi has more than 25 years experience in real estate professional services and was a speaker at the two-day summit organised by the Asian Strategy and Leadership Institute (ASLI).
For affordable condominiums, Malathi said demand will see steady growth with young couples and professionals continuing to drive the market.
“People’s preferences are still for landed residential properties. But because house prices have escalated over the past two to three years and way beyond the affordability level, many can’t afford to own such landed property,” she added.
“The market prices of most existing high-end condominiums are expected to be stable over the short-term, while prices of low to medium end condominiums at more popular locations, may see some appreciation,” said Malathi.
For new launches, prices are likely to increase in line with inflation and construction costs for labour, utility and new materials.
On supply, Malathi said it would see moderate growth with infrastructure, transportation improvements and condominium acceptance areas further from the city.
“With the expected slower demand and cost increases, developers are expected to maintain unit quantum prices, while reducing built up areas.
She added that among the challenges for the industry will be creating a sustainable property market, as well as the mismatch in supply and demand.
Farah Wahida, Editor of PropertyGuru, edited this story. To contact her about this or other stories email [email protected]
http://www.propertyguru.com.my/prop...-demand-for-high-end-condominiums-expected-to
small mickey mouse sized units are not fooling anyone, say many young buyers.
http://theantdaily.com/Main/Young-buyers-not-keen-on-studios-SoHos
"For example, some units measured less than 400 sq ft but were priced at over RM1,000 psf even though the value of properties in the area was RM700-RM800 psf, he adds.
But the question is whether young Malaysians are ready for homes the size of a hotel room – 350-450 sq ft.
f"
""One young buyer says property developers are not fooling anyone. “The pricing at first glance looks appealing until you view the price in terms of sq ft. In all the cases I have come across, it is the small unit that is being sold at a higher price psf than a bigger unit in the same condominium project,” he observes.
- See more at: http://theantdaily.com/Main/Young-buyers-not-keen-on-studios-SoHos#sthash.0AlX8c1u.dpuf""
http://theantdaily.com/Main/Young-buyers-not-keen-on-studios-SoHos
"For example, some units measured less than 400 sq ft but were priced at over RM1,000 psf even though the value of properties in the area was RM700-RM800 psf, he adds.
But the question is whether young Malaysians are ready for homes the size of a hotel room – 350-450 sq ft.
f"
""One young buyer says property developers are not fooling anyone. “The pricing at first glance looks appealing until you view the price in terms of sq ft. In all the cases I have come across, it is the small unit that is being sold at a higher price psf than a bigger unit in the same condominium project,” he observes.
- See more at: http://theantdaily.com/Main/Young-buyers-not-keen-on-studios-SoHos#sthash.0AlX8c1u.dpuf""
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Aiya Bro Gooddebt, no point arguing with this guy He never even buy any RnF property but keep praising RnF property skyhigh. So obvious isnt it? He will forever condemn all Setia n EcoWorld project. Let him be..He's the type that pocket no money but pretend like he alot of money kind of people.. Just let him syiok sindiri in this forum. Best part I don't know why people still keep entertaining him. He got nothing to contribute to the forum actually..Until the day he BUY a property then only come back here to talk big in front of us buyers..Other than that, let him win lor. .Let his Rn F win lor....
When it comes to anything concerning money, the worst side of people comes out. Property is probably the most money intensive object a person will buy in his lifetime. So, very often, you can see a precipitous descent into madness when people argue about property.
Observation is based on data and reports, but assumption is based on thin air.
This is my observation and I'm just leveraging on the KL report to bring across my views.
I understand where you are coming from since you have vested interest in some developer's project.
- Joined
- Oct 3, 2012
- Messages
- 2,705
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- 48
Silent night, Holy night...
SINGAPORE] There's an eerie silence at night in Sentosa Cove, the man-made island resort billed as Singapore's answer to Monte Carlo and the only place in the country where foreigners can buy landed property.
Dozens of houses - complete with their own private yacht berths and multiple swimming pools - sit empty while few lights are on in the apartment blocks overlooking the marina, a few kilometres away from Sentosa's giant casino.
Prices in the gated community, where Australian mining tycoons Gina Rinehart and Nathan Tinkler bought properties, fell around 20 per cent in the past year as lending restrictions and taxes on foreign buyers burst a bubble in the South-east Asian financial hub's luxury real estate market.
Investors could see the value of their assets fall even further with developers and investors still struggling to sell even after the recent price falls.
SINGAPORE] There's an eerie silence at night in Sentosa Cove, the man-made island resort billed as Singapore's answer to Monte Carlo and the only place in the country where foreigners can buy landed property.
Dozens of houses - complete with their own private yacht berths and multiple swimming pools - sit empty while few lights are on in the apartment blocks overlooking the marina, a few kilometres away from Sentosa's giant casino.
Prices in the gated community, where Australian mining tycoons Gina Rinehart and Nathan Tinkler bought properties, fell around 20 per cent in the past year as lending restrictions and taxes on foreign buyers burst a bubble in the South-east Asian financial hub's luxury real estate market.
Investors could see the value of their assets fall even further with developers and investors still struggling to sell even after the recent price falls.
I like reading your comments. You seem to be very methodical and collect a lot of data before coming to a conclusion. YOur technical background and training shows. Keep it coming.
I think JB condo prices have stagnated and land property prices growth have slowed down since end of last year. A lot hinges on RTS details since there are no major manufacturing and theme park investments in JB now. Hopefully Najib and PM Lee finalised some RTS and HSR details when they met a few days ago in Singapore.
Request to build affordable homes in Johor
Get Daily Property News in Malaysia, News Powered by PropertyGuru Malaysia
Aug 30, 2014
The Johor Umno Youth division is requesting for the state government to establish a designated area in the city to build affordable homes for young adults to rent, reported local media.
Johor Baru Umno Youth chief Syaiful Rizal Abdul Ghani said that many young adults especially those who have just started working, have yet to get the chance to own a property and could not afford to do so due to the rising property and rental prices.
“By introducing an affordable home rental scheme, the state government can provide convenience to the youths as the homes would be near their work place before they get the chance to purchase their own property,” he said.
Syaiful Rizal brought up the resolution during the division’s Youth movement meeting here recently, which was launched by Johor Baru MP Tan Sri Shahir Samad.
To help the young working adults, he urged the state government to take the suggestion on a positive note to help the young working adults.
“It will also help keep Malay voters in the city and ensure that they do not feel overlooked and be forced to move to sub-urban or rural areas,” he said.
Shahrir, who is also Johor Baru Umno chief, supported the resolution and urged the younger generation through the youth division to be vocal and come up with ideas on how the government can prevent them from moving out of the city.
He urged the youths to fight for their rights and Malay reserve lands in the Larkin and Tampoi industrial areas as the 15-year tenure period was too short to see any long-term development in the area.
“To come up with some sort of development, the division’s youth should bring up the matter and present it to the Johor Menteri Besar because it is not only for us but for the benefit of generations to come and to ensure that they have a place in the urban area,” he said.
Farah Wahida, Editor of PropertyGuru, edited this story. To contact her about this or other stories email [email protected]
http://rich.propertyguru.com.my/pro...40/request-to-build-affordable-homes-in-johor
Get Daily Property News in Malaysia, News Powered by PropertyGuru Malaysia
Aug 30, 2014
The Johor Umno Youth division is requesting for the state government to establish a designated area in the city to build affordable homes for young adults to rent, reported local media.
Johor Baru Umno Youth chief Syaiful Rizal Abdul Ghani said that many young adults especially those who have just started working, have yet to get the chance to own a property and could not afford to do so due to the rising property and rental prices.
“By introducing an affordable home rental scheme, the state government can provide convenience to the youths as the homes would be near their work place before they get the chance to purchase their own property,” he said.
Syaiful Rizal brought up the resolution during the division’s Youth movement meeting here recently, which was launched by Johor Baru MP Tan Sri Shahir Samad.
To help the young working adults, he urged the state government to take the suggestion on a positive note to help the young working adults.
“It will also help keep Malay voters in the city and ensure that they do not feel overlooked and be forced to move to sub-urban or rural areas,” he said.
Shahrir, who is also Johor Baru Umno chief, supported the resolution and urged the younger generation through the youth division to be vocal and come up with ideas on how the government can prevent them from moving out of the city.
He urged the youths to fight for their rights and Malay reserve lands in the Larkin and Tampoi industrial areas as the 15-year tenure period was too short to see any long-term development in the area.
“To come up with some sort of development, the division’s youth should bring up the matter and present it to the Johor Menteri Besar because it is not only for us but for the benefit of generations to come and to ensure that they have a place in the urban area,” he said.
Farah Wahida, Editor of PropertyGuru, edited this story. To contact her about this or other stories email [email protected]
http://rich.propertyguru.com.my/pro...40/request-to-build-affordable-homes-in-johor
Mid-long term prices of properties sure go up due to inflation, FDI and population increase. For one to two quarters after GST kicks in on 1 Apr 2015, there is a good chance domestic spending could decrease with higher taxes, and the property market is likely to be in a quiet state.
Official JB data is sorely lacking unfortunately. Nothing short of visits to sales office, and talking to agents and locals can give more accurate picture. You might also wish to check out other parts of JB other than covering just the Princess Cove sales office. New launch always attract more crowd, but demand is likely to slow down significantly after first few weeks when the VVIP discounts and good units are gone.
Interesting article:
There's an eerie silence at night in Sentosa Cove, the man-made island resort billed as Singapore's answer to Monte Carlo and the only place in the country where foreigners can buy landed property.
Dozens of houses – complete with their own private yacht berths and multiple swimming pools – sit empty while few lights are on in the apartment blocks overlooking the marina, a few kilometres away from Sentosa's giant casino.
Prices in the gated community, where Australian mining tycoons Gina Rinehart and Nathan Tinkler bought properties, fell around 20% in the past year as lending restrictions and taxes on foreign buyers burst a bubble in the Southeast Asian financial hub's luxury real estate market.
Investors could see the value of their assets fall even further with developers and investors still struggling to sell even after the recent price falls. Real estate websites list hundreds of flats and bungalows for sale, yet just 12 apartments and one house have changed hands all year on Sentosa, according to data from the Urban Redevelopment Authority (URA).
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See more at: http://www.themalaysianinsider.com/...xury-house-prices-plunge#sthash.REW5LgbG.dpuf
There's an eerie silence at night in Sentosa Cove, the man-made island resort billed as Singapore's answer to Monte Carlo and the only place in the country where foreigners can buy landed property.
Dozens of houses – complete with their own private yacht berths and multiple swimming pools – sit empty while few lights are on in the apartment blocks overlooking the marina, a few kilometres away from Sentosa's giant casino.
Prices in the gated community, where Australian mining tycoons Gina Rinehart and Nathan Tinkler bought properties, fell around 20% in the past year as lending restrictions and taxes on foreign buyers burst a bubble in the Southeast Asian financial hub's luxury real estate market.
Investors could see the value of their assets fall even further with developers and investors still struggling to sell even after the recent price falls. Real estate websites list hundreds of flats and bungalows for sale, yet just 12 apartments and one house have changed hands all year on Sentosa, according to data from the Urban Redevelopment Authority (URA).
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See more at: http://www.themalaysianinsider.com/...xury-house-prices-plunge#sthash.REW5LgbG.dpuf
Yes, the prices are too high in Sentosa Cove, but in terms of lifestyle & living quality, surely Sentosa Cove beats anything JB can offer in terms of 'attractiveness'.
http://www.propertyguru.com.sg/listing/11240895/for-sale-resort-bungalow-sentosa-cove
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Coz these houses are located in a "branded" name called S'pore.. Moreover is in Sentosa (Dist. 4)..
Is very difficult for the really rich one to answer you why they preferred a powerful Merc C63 AMG over a highly modified Proton Wira ..
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they got multiple houses all over the world. They probably stay in sentosa once or twice a year.
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