Puteri Harbour Community

[Frodo]

You lucky lah, your HDB BTO nearly fully paid up, that's why can rent out and buy in Malaysia.

My HDB was resale one, not BTO.

 

[freedom]

Wah got rich dad....lidat win liao lor....:p

No lah, my dad not rich, but he worked hard and provided well for us in spite of only primary education....he passed away just before we bought the house with his approval cause he loved his grandsons esp the elder one so I believed his Spirit blessed us...

 

[xebay11]

My HDB was resale one, not BTO.

Then you still got chance for new BTO.

 

[Frodo]

You are not unlucky. For starters all of you guys get to buy HDB at a good rate. It is you who chose to feel not so lucky but actually you are already lucky. We call that "itchy."

For Malaysians, we are left on our own to make or to rot.

Those who really bought HDB at a good rate are those who bought in the 1980s. They can make easily $400K from a 4 room flat. Folks like me who bought in late 90 mostly do not enjoy such good paybacks.

 

[freedom]

We bought our EC in 2002 and sold in 2010...still can make S$300k+ ...

 

[Frodo]

We bought our EC in 2002 and sold in 2010...still can make S$300k+ ...

I can only "make" $80K if I sell my HDB after 15 years. Which will be gone in a twinkling of an eye if I buy another HDB.

 

[Frodo]

Then you still got chance for new BTO.

As mentioned a new BTO would not work for us. More loan and still one property, same or even smaller unit, and need to wait for 4 years. We needed it like, immediately.

 

[freedom]

I Guess the bigger and more expensive the house, the more one can profit...

 

[Tekkun]

I Guess the bigger and more expensive the house, the more one can profit...

Malaysians can only watch from sidelines. Saliva flowing on this HDB thing. Very jealous.

 

[freedom]

That is why many Malaysians become PR to buy our HDB and Huat....

 

[Tekkun]

ISKANDAR (Feb 4): Nusajaya Consolidated Sdn Bhd (NCSB), a 50:50 joint-venture (JV) company between United Malayan Land Bhd (UMLand) and UEM Sunrise Bhd, will be launching its mixed development, The Waves, in Puteri Harbour, Johor, by year-end.

The development, with gross development value (GDV) exceeding RM1 billion, will begin groundworks in the fourth quarter this year, pending the approval of its amended masterplan, said UMLand senior general manager Izhan Goh Abdullah.

“We had actually gotten the approval earlier, but we had to amend the master plan,” he said, adding that the approval for the amended plan is expected to be granted next month.

With the approval of the master plan, Izhan said the project is expected to be launched end-2016.

“Depending on how the property market performs in the second half of this year, we expect to launch it the earliest end-2016 or early 2017,” he said.

The project will be launched in phases, he added, with the first phase, comprising the low-rise apartment units and retail mall will be completed in three and a half years’ time. The remaining portion of the development will require an extra year to finish.

The Waves is a mixed development project comprising serviced apartments, a retail mall and a hotel. Izhan said the company is currently in talks with the Hyatt group, to be the operators of the hotel.

Meanwhile, he said NCSB is on the lookout for investors for the project.

“There was an interested party from Japan, who wanted to do a 3D theme park, which we thought could complement the nearby Hello Kitty theme park. However, we will have to wait for the approval of our master plan first,” said Izhan, adding that NCSB is still in talks with the party.

Izhan spoke during a media briefing organised by UMLand on the updates of its developments in the Iskandar region.

The group also updated on the progress of the Johor Halal Park development, a JV between UMLand and Johor state through the Johor Biotechnology & Biodiversity Corp (J-Biotech).

UMLand unit Tebrau Teguh Sdn Bhd’s chief executive officer Mohd Noor Abdul Salam told the media that the first phase of the development, which will be Malaysia’s first world-class halal integrated park, is progressing on track for completion by end-2016.

“Phase 1 of the Johor Halal Park, which began works in 2014, is now 45% complete and is on track to meet the end-2016 targeted completion date. We are committed to complete the physical building by December this year, and by the first quarter of 2017, we will secure the CCC (Certificate of Completion and Compliance),” he said.

The final phase of the development will include the J-Biotech HQ Scientific Halal & TCM Labs Centre of Excellence, which will support upstream research and development activities, and also a business hub.

Despite the overall dampened domestic market, Mohd Noor said that UMLand is confident in the project, as the halal park is expected to be a new catalytic development for the Iskandar region.

He added that there has been many inquiries by international parties on the project, including those from South Korea, Japan, China and Taiwan. He added that the weakened position of the ringgit against the US dollar makes it cheaper for foreign parties to invest in Malaysia.

http://www.theedgeproperty.com.my/content/umland-uem-sunrise-jv-launch-project-end-2016

I believe IJM had already secured the Almas construction contract for RM450 million.
UM Land is a serious player. So we can expect PH to get its retail mall afterall. Yeah!!

 

[Tekkun]

That is why many Malaysians become PR to buy our HDB and Huat....

EEeeeeee...I only interested in the HDB but not the PR.
I still prefer Malaysia.

 

[Dfiris]

I already got my MM2H. Exploring Malaysian PR next Currently Tax Resident of Malaysia

EEeeeeee...I only interested in the HDB but not the PR.
I still prefer Malaysia.

 

[Frodo]

I Guess the bigger and more expensive the house, the more one can profit...

Probably true, but this kind of HDB house is out of my reach in the first instance. Fresh out in work place how to buy big and expensive HDB? No rich dad syndrome. ;p

 

[Investor888]

That is why many Malaysians become PR to buy our HDB and Huat....

Not only Malaysians. Personally I got Pinoy and PRC friends who buy and sell HDB flats in 5-10 years and take the profits, convert to their home currency and basically becomes a Millionarie overnight in their home country. To them, Singapore is like a PROSTITUTE

 

[Frodo]

EEeeeeee...I only interested in the HDB but not the PR.
I still prefer Malaysia.

Once become SPR means cannot drive MY car into Singapore anymore. :(

But if rich to buy SG car then no issue lah.

 

[freedom]

Once become SPR means cannot drive MY car into Singapore anymore. :(

But if rich to buy SG car then no issue lah.

If I buy Malaysia car under MM2H, can I get my Malaysian uncle to drive us into Sg?

 

[freedom]

I already got my MM2H. Exploring Malaysian PR next Currently Tax Resident of Malaysia

Can share your contact for getting MM2H? How much is the process? What are the benefits of being Malaysian PR?

 

[cybermad]

I believe IJM had already secured the Almas construction contract for RM450 million.
UM Land is a serious player. So we can expect PH to get its retail mall afterall. Yeah!!

Yes ! Not only mall but Hyatt may also be setting up shop at Wave The big boys all going to PH !

 

[OzRick]

Can share your contact for getting MM2H? How much is the process? What are the benefits of being Malaysian PR?

Applying for MM2H is a simple process and you can apply for it directly.
Why pay someone thousands of RM to do it for you?
PM me if you need any assistance.

By the way, any foreigner whose is not a SPR can drive a Malaysian car in Singapore.