Emm...for Iskandar I really have no targets.....
Don't know if able to rent out or able to sell.
Either lose all or win big time!
Rental yield will be quite poor. More for capital appreciation.
Emm...for Iskandar I really have no targets.....
Don't know if able to rent out or able to sell.
Either lose all or win big time!
Rental yield will be quite poor. More for capital appreciation.
but rental and capital appreciation should go hand in hand.
When capital appreciates.....rental will follow as well.
As long as the authorities want it, Iskandar can become the 2nd Singapore. It is just 1 km away....
Singapore has a vibrant rental market because of the FT. In JB, I don't think there are that many expats to give good rental occupancy.
Due to the low cost and cap appreciation, foreigners will prefer to buy for own use, esp if they are going to be there for several years. A commercial/financial center is needed.
Yes. Will Medini or Danga Bay Financial hub succeed?
Yes. Will Medini or Danga Bay Financial hub succeed?
With the planned Country Garden project in Danga, it will be an integrated precinct like Marina Sands, with easy access to the various other hubs...with options to both links to cross over to Sg.....they may not necessary need a casino as they can ferry gamblers over to MBS or Sentosa by the water way and separate the gambling activities from their families to enjoy the resorts/theme parks..keeping a more healthy image, enjoying the best of both worlds.
Emm...for Iskandar I really have no targets.....
Don't know if able to rent out or able to sell.
Either lose all or win big time!
The manufacturing hub has to succeed first to generate revenues to support the financial hub. What is not clear is whether costs will still be as low as the companies estimated. Labour costs should be climbing. If I read it correctly, the financial/commercial center for Nusajaya should be Bukit Indah/ Nusa Bestari, which is the equivalent of Molek for Pasir Gudang and beyond.
Somehow I have higher hopes for Medini (despite 99LH) than Danga Bay, as Medini has a masterplan and attractive proposition i.e. retirement homes near to Singapore and cheaper medical treatments. I'm not sure what Danga Bay is selling other than houses.
If they made them into Tax Free Zone (money laundry haven or tax avoidance zone) in Johor; this place will boom like Miami and Havana.
Once they declare tax heaven; I will go all in.
Current tax haven.
Bahamas
Liechtenstein
Luxembourg
Monaco
Panama
San Marino
Seychelles
Campione d'Italia, Italy
Jebel Ali Free Zone, United Arab Emirates
Labuan, Malaysia
Curaçao (Netherlands)
Bermuda
British Virgin Islands
Cayman Islands
Jersey
Guernsey
Isle of Man
Turks and Caicos Islands
Alaska, United States
Delaware, United States
Florida, United States
Nevada, United States
Texas, United States
South Dakota, United States
United States Virgin Islands (United States)
Wyoming, United States
Washington, United States
I am not surprised that this may happen. It the land mass and couple with the close proximity from singapore.
Bro Wolverine
Aim to win, that's the name of the game in investing.
As the famous Warren Buffet once said in his quotes:
“Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
Sounds pretty simple, right? But when you’re buying your property in Iskandar, never losing money can seem impossible because of the time horizon required. Like Warren, we need to believe in buying the value of a property and not its ultimate price. He buys value at the right price, he doesn’t speculate or gamble.
We should learn from great people like him.
Bro Fund Transfer.
Not that I do not respect Warren Buffet.
But what is published is always nice to read and logical.
How does one know what is the value at right price? Investment is always a gamble. Luck plays a big part as well.
Call me a gambler but that's how you make big money.
Bro Wolverine,
Investment is a gamble when you don't do any research but if you did, it's all about risk mitigation.
If you want to triple your investments, you have to look for big deals! It is very unfair that big deals are usually meant for those who has stacks of cash. Warren buys companies while some thought he was buying shares like you and me! He bought it at a discount while you and me buys it at market price. Back to property, you have to search for big deals. Yes, it is easy to say but how to do it? What is a big deal?
PM me if you want me to share some thoughts. P/s I am not a real estate agent nor anything to do with this industry. Just a blessed investor and happy to share my thoughts/learnings.
Your statements/goal reminded me about myself! I used to call myself a diehard gambler.
Cheers
N
The place must die first for "Tax Haven" to materialised.
If the place can boom by itself without being a Tax Haven; there is no reason for the Federal Govt to do it.