Good profits for those vested. congrats !
Only for those who paid by mortgage in MYR. Anyone paying cash (especially sgd) will have been spanked. Also...not sure on the availability of re-sale. It's only profit when realised (sold).
It's not 'iskandar' that keeps me up at night...it's the government. They seem bent on making Malaysia as uninvestable as possible for foreign firms with their neo-apartheid policies. It's a pain as they are in an enviable position for growth, which is being undermined at a policy level. Instead of becoming more competitive. they are going the other way.
For my investment to work out I'm praying the government changes soon.
Honestly, I don't really let "Malaysia" as a country bother me that much. My perspective is on Cities.. for example, Singapore, KL, Melbourne, etc..
Cos land policy is under the state in general. Consider each city according to its merits. Governments change.. life still goes on.
So far does anyone know whether the buyers of Imperia have been successful in renting out their units?
Hi Sgcount,
I was at Nusajaya today and one of the more established agents gave me some info on what he has personally rented out.
- Mid floor 3 bedroom 2508 sft facing public marina and Kota Iskandar rented at RM 7000
- Low floor 3 bedroom 1828 sft no view (faces Traders rooftop) rented at RM 5000
- High floor 3 bedroom 2508 sft facing public and private marina under nego around RM 8000
His personal view was that tenants are coming albeit slow, just because Imperia is the first to TOP and there are no existing residents in Puteri Harbour.
Just for comparison sake, he mentioned that he has been able to rent out nearby Impiana units more easily as there is an existing community in East Ledang and also because Educity and Ascendas are nearby. The asking rents per psf is also lower. He has just rented out 3 units of 4 bedroom 2179 sft units at around RM 4000.
Hope that helps ........
i wont be surprised ph will begin to attract communities one by one.
all completed condos n landed completed last couple of years are less than half occupied.
must face reality.
There is no population or immigration plans in place for malaysia, in fact it is pretty closed door to foreigners coming in to get PR.
Hi Dumb Twit,
Shut your trap coz you spew nonsense. I got my PR and a few that I know got theirs too. And even if they don't give you PR, there's always MM2H.
Hi Dumb Twit,
Shut your trap coz you spew nonsense. I got my PR and a few that I know got theirs too. And even if they don't give you PR, there's always MM2H.
yup, this twit will say anythg to discredit MY ppties. not forgetting Sg can stay inside MY for 30 days at a stretch also .
Hi Dumb Twit,
Shut your trap coz you spew nonsense. I got my PR and a few that I know got theirs too. And even if they don't give you PR, there's always MM2H.
How does that boost population? Anyway the reality is empty developments, you can never run away from the truth. All your fairy tales are not going to save you. Reality bites.
I am trying to be rationale in following this thread but I do believe this twit seriously need a doctor.
OMG, how does it boost population ? Do u have a brain ? thot u ownself praise ownself not long ago ? LOL
I am trying to be rationale in following this thread but I do believe this twit seriously need a doctor.
this sick twit had single handedly polluted this once peaceful PH thread !