Heard top floors private marina units can be snapped up @ S$370,000 ( the price of a 2 bed-room in Singapore ). Even if ringgit crashes to RM5 vs S$1, this place is a heaven to stay in, seriously. That is why I always wanted to laugh at some naysayers who keep harping on a Malaysia property crash. Life goes on and even if your unit is worth RM 100, its a seafronting unit for your retirement.
In Singapore you die your business, how many times have we heard that?
Another point to note: Sentosa Cove owners can lose millions of Sing dollars when they exit the market. How many millions of Sing dollars can you lose if you were to "force-sell" Puteri Harbour units? S$370,000 is the max you can lose provided the value of property becomes zero, which has never happened.. And if you really need to force sell your unit when its jut S$370,000, I don't think PH is the place for you to invest in.. probably get a proper job and pay via CPF for a new BTO in Singapore sounds like a better deal.
kawan, no need to humtum the naysayers this hard.
actually when analysed, there are no ph naysayers, only iskandar as a whole particularly the CG & RF properties.
both of them entered the market huge and at the wrong time hence created these bubble scenarios.
so far I haven't really read or heard anyone both from both sides of causeway mentioning ph, hardly.
so I gather many people have not much idea about ph probably like you have suggested,
"Don't just see the photos my friend. Drop by to feel for yourself...."
uem was rather gradual in their ph promotion some years ago and has sort of stopped.
and those years have seen very good sales by them and encorp. although subsequent projects were slow
uem just simply stood down. since then RF and CG came into the limelight. by then the msian govt short
everything down coupled by bad economy.
so friends, take puteriworld advice, go visit ph more often to assure yourselves.
and please visit spice grill and tell us about the food which some people highly recommend.
http://www.tripadvisor.com.sg/Resta...l-Johor_Bahru_Johor_Bahru_District_Johor.html
btw pw, ph property drop to zero? i reserve yours for a hundred anytime.