Puteri Harbour Community

[eric3417]

Problem is to some, having a property in PH / Iskandar is not asset but liability...

 

[menghuii]

you have no idea how easy now it is for the chinese to enter malaysia long term and this website is designed strictly for china


https://www.windowmalaysia.my/evisa/evisa.jsp

they call it the evisa

and they have many ports of entry

 

[Dfiris]

heard the response is bery encouraging. immediately 100 applications on nite of launch. they will be exploring India as well.

no joke, I pass by KLIA 2 almost every weekend, the crowd of Asian travellers is huge!

you have no idea how easy now it is for the chinese to enter malaysia long term and this website is designed strictly for china


https://www.windowmalaysia.my/evisa/evisa.jsp

they call it the evisa

and they have many ports of entry

 

[Dfiris]

Definitely, what works for some does not work for others. Not everyone k qualify for loans anyway.. due to age, credibility issues. And not everyone can hold long term view.. to some .. due to age or health.. maybe 5 yrs is long term view

m

The difference is one has multiple properties and the other had rental receipts. And they are very happy about it. Different people different strokes.

 

[Tekkun]

Definitely, what works for some does not work for others. Not everyone k qualify for loans anyway.. due to age, credibility issues. And not everyone can hold long term view.. to some .. due to age or health.. maybe 5 yrs is long term view

m

One can live in only 1 rented unit at anyone time whereas another can invest multiple units at the same time.
I am sure everyone here is able bodied and bankable. Agreed 5 year is a good term.
In my view is if one has to take a 20 year loan, then he should not in the business of investing but buy for own stay.

 

[Dfiris]

just my view... how many whom take 35 yr loans end up really hug onto that loan for that long. probably halfway sold off the property or even refinanced with another bank.

its jus my style. whether I have $$ or not, I always max to 35 years for all my properties.

even if I have $1 mil, $10mil, $100mil etc, I won't be looking at paying off my properties. I always go to the max for loans. I only manage risks from my sets of emergency funds.

One can live in only 1 rented unit at anyone time whereas another can invest multiple units at the same time.
I am sure everyone here is able bodied and bankable. Agreed 5 year is a good term.
In my view is if one has to take a 20 year loan, then he should not in the business of investing but buy for own stay.

 

[Tekkun]

just my view... how many whom take 35 yr loans end up really hug onto that loan for that long. probably halfway sold off the property or even refinanced with another bank.

its jus my style. whether I have $$ or not, I always max to 35 years for all my properties.

even if I have $1 mil, $10mil, $100mil etc, I won't be looking at paying off my properties. I always go to the max for loans. I only manage risks from my sets of emergency funds.

Salute!!!
For me, I don't have the time nor patience.

 

[eric3417]

Maximizing Leverage from Banks can be very Fruitful.
As long as you have sufficient Buffer and reserves to cope with Downturns.
It's a historical Fact that property prices trend UP in the long run.

Like many says, Different Folks, different strokes.
It's crude to label people as ignorant, fool, stupid.

Enjoy weekend PH folks.

Cheers!

 

[Dfiris]

There are investment decisions I regret.. and they are the ones I did not take up max loans from Day 1.

Salute!!!
For me, I don't have the time nor patience.

 

[Frodo]

Problem is to some, having a property in PH / Iskandar is not asset but liability...

Usually it is both asset AND liability if loans are taken.

 

[Frodo]

Exactly. I assume those who read this forum has some interest in the properties of iskandar. If with all the signs and you are still not making the move, either for investment or retirement. Don't regret 10 years later when you still surviving on the monthly paycheck

I regretted shortly after buying a house and moving into JB.....for not having done so much earlier...

 

[menghuii]

some pics from my above post are found here in case you are wondering

http://www.fundiving.com/travel/33808

 

[Investor888]

I regretted shortly after buying a house and moving into JB.....for not having done so much earlier...

Congrats on your late purchase but its never too late because the main course is not even up yet. So many super luxurious developments are not even up yet. Just look at Sunway Iskandar and the wonderful shops and condos that will spring up in the next few years. Its amazing. The Sinkies aren't buying so much as in the past. Fret not. The Malaysians and PRCs and international community are all buying and moving into Iskandar. I read in another thread someone said manufacturing is faltering in Iskandar and no one is moving in yet. That chap obviously is one of those who read only Straits Times and never travel properly into Iskandar such as Senai or Kulai industrial places. The pace of developments is frightening as the lorries and containers volume are moving up very very fast

 

[sgtsk]

you have no idea how easy now it is for the chinese to enter malaysia long term and this website is designed strictly for china


https://www.windowmalaysia.my/evisa/evisa.jsp



they call it the evisa

and they have many ports of entry

I read recently, for prc, visa is no longer required since few days ago but only registration plus 20 usd fee for registration

 

[menghuii]

last time if u r an angmo, people see u ehsai, now the affluent china has made people see chinese ehsai. maybe forestcity people also give donation...

 

[MEOWCAT]

. The Sinkies aren't buying so much as in the past. Fret not. The Malaysians and PRCs and international community are all buying and moving into Iskandar. I read in another thread someone said manufacturing is faltering in Iskandar and no one is moving in yet. That chap obviously is one of those who read only Straits Times and never travel properly into Iskandar such as Senai or Kulai industrial places. The pace of developments is frightening as the lorries and containers volume are moving up very very fast

Hmm.. Again following up from my hunch a week or so ago... I get the feeling the Singapore establishment/higher-ups aren't so keen on Iskandar succeeding anymore. Perhaps, with a slowing economy and cooling property market, they would like to keep as much domestic spending in Singapore as possible. I didn't drive last week but queued for the bus to get back to Singapore over the weekend and it is crazy the number going back across the Causeway, buying groceries and all sorts. I am not even sure the supply glut would be that bad if there were more nodes of entry - or if the RTS becomes a reality.

But that is the gist - I heard Singapore isn't really interested at this point of time. As I always say when I am here, to me the first test of seriousness is the ferry service to and from Puteri Harbour. Because there is nothing more to build - the CIQ is there already. And someone here said he visited there and was told that they were waiting for Singapore approval. I asked around some more and was told MPA was the one holding things up, not Malaysia....

Can just imagine with regular ferry service, a third link, the HSR, the RTS... Iskandar would almost become what NT is to HK Island... Question is, maybe that's not what Singapore wants, is it?

 

[Tekkun]

Hmm.. Again following up from my hunch a week or so ago... I get the feeling the Singapore establishment/higher-ups aren't so keen on Iskandar succeeding anymore. Perhaps, with a slowing economy and cooling property market, they would like to keep as much domestic spending in Singapore as possible. I didn't drive last week but queued for the bus to get back to Singapore over the weekend and it is crazy the number going back across the Causeway, buying groceries and all sorts. I am not even sure the supply glut would be that bad if there were more nodes of entry - or if the RTS becomes a reality.

But that is the gist - I heard Singapore isn't really interested at this point of time. As I always say when I am here, to me the first test of seriousness is the ferry service to and from Puteri Harbour. Because there is nothing more to build - the CIQ is there already. And someone here said he visited there and was told that they were waiting for Singapore approval. I asked around some more and was told MPA was the one holding things up, not Malaysia....

Can just imagine with regular ferry service, a third link, the HSR, the RTS... Iskandar would almost become what NT is to HK Island... Question is, maybe that's not what Singapore wants, is it?

I got a funny hunch that the HSR will end in Nusajaya. SG can take as long as it wants but Forest City linking to KL will not stop as it is Country Garden on one end and the China Railway on the other as land owners. The link to Yunnan is the ultimate alternative to the existing shipping lanes. The Laos, Vietnam and Thailand railways had started construction, the geo political pressure on Malaysia to link up is too great to resist.

 

[Dfiris]

I got a funny hunch that the HSR will end in Nusajaya. SG can take as long as it wants but Forest City linking to KL will not stop as it is Country Garden on one end and the China Railway on the other as land owners. The link to Yunnan is the ultimate alternative to the existing shipping lanes. The Laos, Vietnam and Thailand railways had started construction, the geo political pressure on Malaysia to link up is too great to resist.

i won't be surprised. they can always call for the tender for ( Singapore - Puteri Iskandar )"new name for nusajaya" later on.

and by the time, KL - PI stretch completed, I feel the one from Yunan - Bangkok would have completed or even Bangkok - KL stretch on the way.

Jus look at it as 2 RTS, one at woodlands to johor and the other one from Jurong East to Puteri Iskandar, make things much simpler.

 

[Tekkun]

i won't be surprised. they can always call for the tender for ( Singapore - Puteri Iskandar )"new name for nusajaya" later on.

and by the time, KL - PI stretch completed, I feel the one from Yunan - Bangkok would have completed or even Bangkok - KL stretch on the way.

Jus look at it as 2 RTS, one at woodlands to johor and the other one from Jurong East to Puteri Iskandar, make things much simpler.

Najib at the launch of Forest City
======================

"I believe that Johor's future economy is in good hands with these projects, which will certainly change the state into a new economy powerhouse," he said.

The other projects are the planned Kuala Lumpur-Singapore high-speed rail that will have stops in Johor, the Gemas- Johor Baru double railway tracking and the Pengerang oil and gas hub.

http://www.straitstimes.com/asia/se-asia/najib-launches-johor-economic-projects

The Gemas - JB electric double track will link JB all the way to Thai border via KL but where is RTS? It can be seen the priorities is clearly shifting in favor of major infrastructure network. RTS only benefit the commuters from Spore to JB. Sorry, but I think it is not going to happen anytime soon especially when economic downturn is here. Meanwhile, the HSR is definitely happening as Forest City is a Chinese developer while the other end of HSR terminal in KL is owned by China Railway. The Sultan will make sure the HSR does happen. Whether it link into Singapore or not remained to be seen.

 

[Investor888]

If LKY is still around to see the rise of Johor into an economic powerhouse and with all the big MNCs such as Microsoft ad Huawei entering the fray instead of Singapore, he will get a heart attack. Singapore leaders have never supported Iskandar. They kept harping on the "complementary development" but please la, whatever Singapore can do, Johor and China can do and replicate 10 times bigger and better. Rise of Johor and Malaysia with Indonesia spell trouble for tiny dot which survive because they falter.

Hmm.. Again following up from my hunch a week or so ago... I get the feeling the Singapore establishment/higher-ups aren't so keen on Iskandar succeeding anymore. Perhaps, with a slowing economy and cooling property market, they would like to keep as much domestic spending in Singapore as possible. I didn't drive last week but queued for the bus to get back to Singapore over the weekend and it is crazy the number going back across the Causeway, buying groceries and all sorts. I am not even sure the supply glut would be that bad if there were more nodes of entry - or if the RTS becomes a reality.

But that is the gist - I heard Singapore isn't really interested at this point of time. As I always say when I am here, to me the first test of seriousness is the ferry service to and from Puteri Harbour. Because there is nothing more to build - the CIQ is there already. And someone here said he visited there and was told that they were waiting for Singapore approval. I asked around some more and was told MPA was the one holding things up, not Malaysia....

Can just imagine with regular ferry service, a third link, the HSR, the RTS... Iskandar would almost become what NT is to HK Island... Question is, maybe that's not what Singapore wants, is it?