Property News

[Frodo]

What does all these mean? Simply it is designed to compete with the region on its own right.
It will not take over Singapore but to accept some of the investments which is Singapore do not want is good enough. Afterall it is up to the business owners to locate where they want.
I hope they continue to build and line the coast with super condos. Ghost cities? Who cares. Just like water, let the market find its own level. Iskandar is planned for long term. The developers are not worried about short term. These multi prong developments had many people sitting up and concerned. Already movements in port and oil&gas business are happening. Whatever bought by foreigners in Iskandar is actually money flowed into MY. The saying goes..beggars cannot choose. It is how to be a better beggar.

Land reclaimation for waterfront homes all the way. Line the coasts with nice condos for people to see.
Tanjung Pelepas Port, Desaru Resort
Petronas Project
Educity, ThemeParks
Cheaper medical centers.

http://www.starproperty.my/index.php/articles/property-news/steady-as-johor-goes/?search=H

Yay! More waterfront niceties!

 

[Merlion]

Indeed. More waterfront homes will bring up a positive image of Iskabdar.
We bought for a lifestyle. Who cares about price fluctuation lol.

 

[Tekkun]

[h=1]Is the situation that really bad in Singapore?
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Singapore offers financial incentives to woo Malaysian visitors[/h][FONT=&quot][/FONT]
[COLOR=#707070 !important][FONT=&quot]FMT Reporters
| August 17, 2016[/FONT][/COLOR]
[FONT=&quot][/FONT]
[FONT=&quot][FONT=&quot]
KUALA LUMPUR: The number of Malaysian visitors to Singapore is dropping, and the Singapore Tourism Board (STB) is concerned.[/FONT][/FONT]
[FONT=&quot]The main reason is the depreciation in the value of the ringgit. One Singapore dollar is now equivalent to RM2.98.But, overall, too, spending by visitors to the island republic decreased last year.[/FONT]
[FONT=&quot]Overall tourist receipts declined for the first time since 2009 last year, falling by 6.8 per cent to SD22 billion, according to a report in the Straits Times (ST).Malaysian spending in Singapore, the report said, dived by a quarter to just SD637 million.[/FONT]
[FONT=&quot]

[FONT=&quot]Malaysia has long been Singapore’s third-largest source of tourists, but with the ringgit depreciating by 20 per cent against the Singapore dollar in the past two years, it could slip behind fourth-placed India, said the report. [/FONT][FONT=&quot]STB South-east Asia executive director Edward Koh told a press conference Tuesday that arrivals from Malaysia had fallen by 4 per cent and 5 per cent in 2014 and 2015 respectively.[/FONT][/FONT]
[FONT=&quot]To attract more Malaysians, the STB is offering financial support for business travel and promoting the island’s child-friendliness.The STB has rolled out a programme just for Malaysia, offering cash credit to travel agents arranging meetings and incentive travel for groups of 20 or more staying a minimum of two nights. The programme is valid up to the end of next year.[/FONT]
[FONT=&quot]The ST report said the programme came with complimentary visits to the SEA Aquarium, Gardens by the Bay and the Singapore River Cruise, or learning tours to places such as the NEWater Visitor Centre and Urban Redevelopment Authority City Gallery.

http://www.freemalaysiatoday.com/ca...nancial-incentives-to-woo-malaysian-visitors/[/FONT]

 

[Frodo]

[h=1]Is the situation that really bad in Singapore?
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Those who love JB* will say if Singapore is that bad, then Johor even worst, no need to say.

*Johor Bashing

 

[RedsYNWA]

Actually the johor growth rate is way higher than Singapore's 1-2%, easily in excess of 5% but the anti-Johor brigade wont listen 1 lah......

 

[Tekkun]

Actually the johor growth rate is way higher than Singapore's 1-2%, easily in excess of 5% but the anti-Johor brigade wont listen 1 lah......

Johor growth higher than Singapore? Sure boh? Cannot be la. Singapore ma...always stronger than Johor.

 

[xebay11]

Johor growth higher than Singapore? Sure boh? Cannot be la. Singapore ma...always stronger than Johor.

Aya start from lower base lah, sure can,

 

[xebay11]

Those who love JB* will say if Singapore is that bad, then Johor even worst, no need to say.

*Johor Bashing

The truth is not bashing lah.

 

[Frodo]

The truth is not bashing lah.

https://www.expatistan.com/cost-of-living/comparison/singapore/johor-bahru

Haiz....so sad that it is the truth that JB will always lag behind Singapore.:p

 

[snowbird]

Actually the johor growth rate is way higher than Singapore's 1-2%, easily in excess of 5% but the anti-Johor brigade wont listen 1 lah......

Don't know where you got that info but if you say JB growth rate can be in excess of 5% it may be true if the figure applies only to JB.
Growth rate is a comparison with the last season and at the rate where numerous private development are taking place (new shopping malls, new restaurants and massage shops, new condos, new private hospitals) etc, the growth rate can be high.
But high growth also generally translate to high inflation, so better be careful what you wish for.

 

[Tekkun]

https://www.expatistan.com/cost-of-living/comparison/singapore/johor-bahru

Haiz....so sad that it is the truth that JB will always lag behind Singapore.:p

JB low standard, pay low prices in RM . Singapore high standard, pay high prices in S$.
Haiz....so sad.

 

[xebay11]

JB low standard, pay low prices in RM . Singapore high standard, pay high prices in S$.
Haiz....so sad.

There is no perfect place.

 

[Investor888]

Johor will forever lag behind Singapore in terms of cost. Even security wise I am amazed by the efficiency and professionalism of the Johor Polis in recent years. It has improved immensely. Come to think of it, I haven't dished out RM50 bribes for 1-2 year!

10 years ago it was RM 50 per month.

 

[Tekkun]

Johor will forever lag behind Singapore in terms of cost. Even security wise I am amazed by the efficiency and professionalism of the Johor Polis in recent years. It has improved immensely. Come to think of it, I haven't dished out RM50 bribes for 1-2 year!

10 years ago it was RM 50 per month.

If you are caught, just pay RM150 compound or RM300 fine. Afterall it is S$50 or $100 only. Anytime better than risking being arrested for trying to bribe the polis.

 

[snowbird]

Johor has come out tops in the country with the most number of unsold units of property for the first quarter of 2016, Iskandar Regional Development Authority (IRDA) chief executive Datuk Ismail Ibrahim said

The state recorded 8,605 launches, of which 2,663 units that amount to RM1.7 billion have been left unsold which means about one third unsold!
And they belongs to the "high-end, high-rise and high-density segments that mainly consist of serviced apartments".
So with so many unsold new units left, those waiting to resell in the same unit type bought earlier will have to just wait and wait and wait...............unless you're desperate enough to sell lower than the new units.

http://www.themalaymailonline.com/m...alaysia-says-property-glut-nothing-surprising

 

[Frodo]

Johor has come out tops in the country with the most number of unsold units of property for the first quarter of 2016, Iskandar Regional Development Authority (IRDA) chief executive Datuk Ismail Ibrahim said

The state recorded 8,605 launches, of which 2,663 units that amount to RM1.7 billion have been left unsold which means about one third unsold!
And they belongs to the "high-end, high-rise and high-density segments that mainly consist of serviced apartments".
So with so many unsold new units left, those waiting to resell in the same unit type bought earlier will have to just wait and wait and wait...............unless you're desperate enough to sell lower than the new units.

http://www.themalaymailonline.com/m...alaysia-says-property-glut-nothing-surprising

Maybe the better strategy is to buy mid-end, mid-rise, and mid-density projects? :p

 

[snowbird]

Maybe the better strategy is to buy mid-end, mid-rise, and mid-density projects? :p

So can you finally figure out who are the people who get caught here!!!
Most "Mid-end, mid-rise, and mid-density projects" plus mid priced are meant mainly for locals.

 

[Frodo]

So can you finally figure out who are the people who get caught here!!!
Most "Mid-end, mid-rise, and mid-density projects" plus mid priced are meant mainly for locals.

Hmmm...in that case add one more strategy...get a Malaysian spouse!:p

 

[snowbird]

Hmmm...in that case add one more strategy...get a Malaysian spouse!:p

Yeah, circumcised and convert to Muslim.........can have up to 4 legal wives as long as you can manage to keep them well serviced.

 

[Frodo]

Yeah, circumcised and convert to Muslim.........can have up to 4 legal wives as long as you can manage to keep them well serviced.

Eh...Malaysian lah...does not always mean Malay.