Puteri Harbour Community

[Tekkun]

RM is hovering around 3.07 these few days. These news should have negative impact on RM and cause it to weaken. I'm holding back from TT until near rate hike announcement in Dec. For those interested, DBS has free TT online banking to MY until end of this year.

China just increased their interest rate by 0.5% few days ago. Their economy is stabilising.
Would FED increase interest rate? Most likely no as why would they increase interest rate and strengthen the dollar when everyone in the world is weakening theirs?
IMDB had kinda finalised to sell RM16b of assets and it would be announced by December. The President of 1MDB is not going to face the Parliment looking like a fool. Actually they already received confirmed bids to buy over their assets from Qatar and TNB, China is also involved in a certain extent. It is a matter who they want to choose.
Even Mahathir had conceded that it is very difficult to force Najib to step down. The Opposition has a big dent as PAS the Islamic party refuse to vote down the annual Budget and they are now considered as a BN friendly Opposition party.
S$ is also suspected to weaken quietly.
The only uncertain outlook is oil prices. Normally it will increase after winter due to heating consumption but it depend on the how much are the reserves.

My speculation would be RM 2.90 to 3.00 range for the whole of next year. As long as it is above 2.70, I am a happy man.

 

[Stimpy]

China just increased their interest rate by 0.5% few days ago. Their economy is stabilising.
Would FED increase interest rate? Most likely no as why would they increase interest rate and strengthen the dollar when everyone in the world is weakening theirs?
IMDB had kinda finalised to sell RM16b of assets and it would be announced by December. The President of 1MDB is not going to face the Parliment looking like a fool. Actually they already received confirmed bids to buy over their assets from Qatar and TNB, China is also involved in a certain extent. It is a matter who they want to choose.
Even Mahathir had conceded that it is very difficult to force Najib to step down. The Opposition has a big dent as PAS the Islamic party refuse to vote down the annual Budget and they are now considered as a BN friendly Opposition party.
S$ is also suspected to weaken quietly.
The only uncertain outlook is oil prices. Normally it will increase after winter due to heating consumption but it depend on the how much are the reserves.

My speculation would be RM 2.90 to 3.00 range for the whole of next year. As long as it is above 2.70, I am a happy man.

Interesting views from everyone. Dec won't see a US rise, but Feb probably will. UK will be in May, but Europe at large won't need to raise rates, they are still highly accomodative and dovish on fiscal policy. Oil won't be rising until after Jan as prices won't tick up till March. Rates will definitely rise in SE Asia to counter the need to repay $-denominated loans...but The RM won't necessarily rise, especially against the SGD as SG gets SEA's cheapest borrowing rates (obviously!) which means they get to raise rates, whilst their borrowing costs remain low... strengthening fiscal balance equals stronger currency relative to regional ones.

1MDB and Malaysia problems won't be plastered over now. Those issues may be resolved, but the underlying problems of corruption/non-transparency/autocratic behaviour which were previously ignored but are now more apparent have not made the country more attractive to invest in. It's hard for the currency to come up unless you can see an improving economy and it's hard to see the drivers for that at present. The government will lumber on - in stark contrast to squeaky-clean Singapore, the darling of SEA inward investment.

 

[Dfiris]

Time wil tell

 

[cow138]

Don't think so, I think Tuas is worst nowadays....but anyway I won't take Tuas as it doesn't make sense for me in terms of distance and cost and time. When I occasionally drive car into Singapore I have to leave home around 5am to 5.30am, not many cars when you are at CIQ before 6am...will usually clear Singapore side within 30 min...

Good information. It's great to understand some of the realities of commuting to and from Johor to Singapore.

 

[naved]

I have a unit to rent in Imperia fully furnished on 8th floor..any one interested to rent..top class furnishings leather sofa and persian rugs..lemme me know boys and gals.. click on the web sight to see my unit

http://www.propertyguru.com.my/prop...puteri-harbour-for-rent-by-ann-jamil-20484128

For those KeyBoard Warriors whom I presumed to be Singapore property agents who are putting down on Iskandar properties because it has been affecting their Singapore income, I do encourage them to come on board to join the Iskandar dreams.

The property agent who sold me my landed house just 6 years ago told me over the weekend that sales is slow compared to the time when we came in to snap up "cheap" Semis Ds.. He told me secretly his latest month commission is RM 35000 and he is the best salesman there even though his sales have sort of half over the years. To me, its being stable

I believe it because some landed houses are still in demand. And there are seriously buying interest still going on in new launches although its not so happening as in the past.

I check Nusajaya out sometimes 2am, sometimes 5am, sometimes 12pm and sometimes 3pm on weekends and weekdays to have a general and fair feel of what is going on.

And you know what, I am pleased with the development so far. I worry more about Singapore, my homeland. If global powerhouses such as Pinewood Studios, Microsoft and Huawei can bypass Singapore for Iskandar, surely Singapore govt need to observe why is this so. However, they dint and they paid the price.

There are just so many condo units being rented out to teachers and staffs and students from the various schools and industrial companies. And the number is growing every other day.

I must also reiterate that oversupply of condos in Iskandar will surely happen too but not in PH for sure. Many angmos who move into Pinewood and near PTPs to work as directors and senior management are looking for units there all the time

 

[Investor888]

I am a happy and satisfied man early Saturday morning. Slp at 8pm, woke up 3am naturally and damn the heavy shower came by and destroyed my morning cruise. Fret not, I drove slowly to Tuas checkpoint where the showers have become light drizzles and boom, after I cleared SG custom, the roads ahead was getting drier and drier. PH bright lights can be seen from the 2nd link. I sped into Malaysia and the officer there told me its cool morning and no rain yet.

I sped off into the darkness... very shiok. 150km/hour ... 170km/hour.. no TP no anything. No need to be afraid of attending court for terminating my liscence.

After some heavy session which got me so damn high up, I reached Desaru using the E22 highway. An electrifying 30-40 min cruise. Very shiok and it got me so positive with life.

I returned leisurely and hit SG custom but the traffic was building up. Had to Q for about 5 min though and I almost wanted to cry when I was driving at 90km/hour along AYE

 

[menghuii]

I have a unit to rent in Imperia fully furnished on 8th floor..any one interested to rent..top class furnishings leather sofa and persian rugs..lemme me know boys and gals.. click on the web sight to see my unit

http://www.propertyguru.com.my/prop...puteri-harbour-for-rent-by-ann-jamil-20484128

yr unit has good views

 

[menghuii]

i didnt know magnum ph serves gorgeous food

http://theyumlist.blogspot.sg/2015/10/magnum-sports-cafe-puteri-harbour-johor.html

 

[Tekkun]

i didnt know magnum ph serves gorgeous food

http://theyumlist.blogspot.sg/2015/10/magnum-sports-cafe-puteri-harbour-johor.html

This place is very popular at PH.
Many a times, it is more crowded than Brussels Pub.

 

[freekazoid]

Tips to cater for westerner expat tenants....must have double sided fridge....built in oven...washer/dryer...

 

[naved]

Thank you

yr unit has good views

 

[naved]

Thank you for your good wishes, I hope so to

 

[naved]

Thanks for your good advise, regrettably I have already purchased the refrigerator and the washing machine, however I have a built in Oven

 

[Bubble]

I'm not advocating investing in multiple properties there, no! What I am saying is that if you like PH and want to get a place there, it's not a bad but. S$400k for a 1200sq ft 30+ floor freehold condo is good anywhere...particularly for somewhere within 45 mins (on a great day) of SG, with the simplest links to batam and bintan possible. But I think there will be better opportunities to come into the market in 3-5 years as properties top out, rental yields disappoint and interest rates rise.

In 10 years, I would like to think that Johor state has encouraged good corporate FDI. It won't be Singapore, but it could start to become a very viable 'new city'. Dubai came from nowhere. They'll have to really have much better joined-up investor friendly policy though.

Bottom online, 1 property is ok if for you. Multiple for investment....very likely not.

Many forummers here especially the negative ones 'argue' on the basis of 'I heard'/'I hear',in the court of law it's hearsay.It normal conversations you can it take seriously or just brush it off as not supported by real fact

 

[Bubble]

I'm not advocating investing in multiple properties there, no! What I am saying is that if you like PH and want to get a place there, it's not a bad but. S$400k for a 1200sq ft 30+ floor freehold condo is good anywhere...particularly for somewhere within 45 mins (on a great day) of SG, with the simplest links to batam and bintan possible. But I think there will be better opportunities to come into the market in 3-5 years as properties top out, rental yields disappoint and interest rates rise.

In 10 years, I would like to think that Johor state has encouraged good corporate FDI. It won't be Singapore, but it could start to become a very viable 'new city'. Dubai came from nowhere. They'll have to really have much better joined-up investor friendly policy though.

Bottom online, 1 property is ok if for you. Multiple for investment....very likely not.

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Many forummers here especially the negative ones 'argue' on the basis of 'I heard'/'I hear',in the court of law it's hearsay.It normal conversations you can it take seriously or just brush it off as not supported by real fact

 

[xebay11]

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Many forummers here especially the negative ones 'argue' on the basis of 'I heard'/'I hear',in the court of law it's hearsay.It normal conversations you can it take seriously or just brush it off as not supported by real fact

I would love to your hard evidence, many have actually presented hard evidence of the investment climate in Iskandar base on property reports and bank studies, even banks have tightened loans in the iskandar region, so silly especially since they acted based in hearsay right? so much loan opportunities and yet they tighten? You may have hard evidence saying otherwise, please share, I have cash waiting.

 

[freekazoid]

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Many forummers here especially the negative ones 'argue' on the basis of 'I heard'/'I hear',in the court of law it's hearsay.It normal conversations you can it take seriously or just brush it off as not supported by real fact

Yes, I hear from my friend, my friend's friend, and my father. LOL

 

[xebay11]

Yes, I hear from my friend, my friend's friend, and my father. LOL

Me too that's why I am waiting for bubble with the true hard first hand evidence

 

[freekazoid]

I would love to your hard evidence, many have actually presented hard evidence of the investment climate in Iskandar base on property reports and bank studies, even banks have tightened loans in the iskandar region, so silly especially since they acted based in hearsay right? so much loan opportunities and yet they tighten? You may have hard evidence saying otherwise, please share, I have cash waiting.

Your cash is a micro nano figure in greater scale of Iskandar.....not needed...keep away please......listen to your father.....

 

[xebay11]

Your cash is a micro nano figure in greater scale of Iskandar.....not needed...keep away please......listen to your father.....

So I guess yours is mega mega right? Pray tell how much you invested? Hope you are not the under RM 1 million crowd.