Go for freehold G&G landed properties, a safe harbour amid the storm
Hehe the xxxx?
Yes!! Go for freehold G&G landed properties.. At least for medium to long term.. You won't go wrong..Go for freehold G&G landed properties, a safe harbour amid the storm
I wonder if anyone realise who is the main culprit that screw up the JB property market. All developments need state approval no? Why is the state not controlling the pace and volume of mega developments? Why Why Why?... Hmmm... could it be... because it DARE NOT?
Be careful what you comment. You will get the nasty rebuttals on this subject.
It must be DARE NOT to complain that's why some people so very gung ho irregardless of the over flooding or whether the market is ready or not? The developments are moving so fast that they couldn't careless about sentiments of the investors like us as long as the developments are built. Anything we comment is deemed to be totally irresponsible but anything they say is gospel truth. They are the superior beings. I DARE NOT complain.
Different politics: JB land can be privately owned, but SG land is owned by government.
well...maybe for Singaporean, JB property is screw up. For Johorean, JB property development is good. After all, JB development have stagnant for the past 10 years.
Different politics: JB land can be privately owned, but SG land is owned by government.
I don't think you're 100% right there.
AFAIK, All lands within a nation's boundaries are owned by their respective sovereign nation or state. Government is merely those appointed to govern said nations.
Malaysia can still acquire lands (even freehold titled land) for national development.
Land in Malaysia:
Freehold for agricultural use only. Only 1 dwelling allowed per lot and not allowed for any other purposes.
Oldie.., in layman's terms pls.
Farmhouse bungalow la....
Zinc roof with wooden walls also can.
Oh..many hidden dragons. was thinking become one of them..:p
Land in Malaysia:
Freehold for residential use only (Residential dwellings only). Best type as it attracts low utility bills, preferential loan interests, no need approval for transfer except for foreigners which is a different subject.
Freehold for commercial use only (Commercial, retails, service apartments, Soho) High utility bills, commercial loan interests but some banks now accept them using residential loan schemes. However, margin of loans on case to case basis.
Freehold for agricultural use only. Only 1 dwelling allowed per lot and not allowed for any other purposes.
Leasehold 33, 66, 99, 120, 150 years for residential or commercial use (All leasehold land need state authority approvals before transfer).
Malay reserved land (Alienated exclusively for Malays)
Where there's no land title or cannot be transferred, some use Deed of Assignment or Power of Attorney to transact. However, it would be troublesome when inheritance or bankruptcy issues comes in. Many banks do not like these arrangements as it is full of encumbrances.
I'm refraining from commenting too negatively on Malaysia's land use and ownership policies further, else later I kenna hauled up at Custom to do squats :p