Why is JB's R&F mall and condo half-dead ?

[NanoSpeed]

Moi is smelly cheebye mouth and nut case…heheheView attachment 214613

KNN, now 流行 無厘頭 語無倫次.

 

[tobelightlight]

Only losers found in JB.

I know someone who bought a Forest City condo recommended by TKL when SG$1 = RM 3
Still waiting for completion.

you dun buy a condo that is not completed yet. Sinkies... Malaysia is not sinkieland. You buy a condo AFTER it is completed if there is still units for sale so that you can check the workmanship , location, etc. wah lou leh.

 

[NanoSpeed]

you dun buy a condo that is not completed yet. Sinkies... Malaysia is not sinkieland. You buy a condo AFTER it is completed if there is still units for sale so that you can check the workmanship , location, etc. wah lou leh.

You don't understand the Sinkie psyche. They want to buy it when it's not completed, hoping that the price will shoot up when it's completed.

 

[tobelightlight]

You don't understand the Sinkie psyche. They want to buy it when it's not completed, hoping that the price will shoot up when it's completed.

But that does not apply to Malaysia property. Sinkie stupidity is getting more and more comical.

 

[Papsmearer]

I went for some recce last night. Season Bakery has moved in, and a few fucking mala restaurants. The whole damn place is not moving at all.

Does anyone know why ? Why sinkies snapping up the condos in R&F ?

I went to look at R & F last year. Day time is ok for the mall. Not super busy like KSL. Alot of the units are not rented out. They are bought by absentee owners for investment and now doing Airbnb business and renting to Malaysians working in Singapore. Plus the other phases not completed yet. Supposed to be a much larger project. In my opinion, I think the China developer will go under before the other phases are done. Already they are getting sued by creditors in HKG. They dropped the selling price to non residents to $600K. Supposed to be $1 million minimum purchase sum for foreign buyers in Johor. The good thing about it is u can rent monthly parking stalls in R & F underground parking. SO, u buy a nice MAlaysian car and park there, and walk over after u done at CIQ.

 

[Papsmearer]

The 7 Eleven stores in JB, and Malaysia as a whole, damn terok. KNN, worse than mama stores.

Unlike Thailand and Taiwan, they don't sell cooked food. The cashier counter always manned by Ah Nehs.

I don't notice any issues with 7 11. Alot of them are busy. But i hardly patronize them unless to buy drinks. Their best seller is cigs.

 

[Papsmearer]

You don't understand the Sinkie psyche. They want to buy it when it's not completed, hoping that the price will shoot up when it's completed.

Sinkies invest all over the world. I know sinkies who bought in Canada, Australia, etc. Those presale new condos. All of them have made money because the price did shoot up. Even those in Hua Hin and other parts of Thailand and Vietnam, made a little money from presales. But Malaysia is different story. Because of the minimum $ requirement, u are better off buying freehold landed property.

 

[syed putra]

Only fools buy property in Malaysia for investment.
Given enough time, they will lose their value.

In Jiu hu you rent. Over time, rental becomes cheaper

 

[NanoSpeed]

The good thing about it is u can rent monthly parking stalls in R & F underground parking. SO, u buy a nice MAlaysian car and park there, and walk over after u done at CIQ.

Do you happen to know the rental ?

 

[NanoSpeed]

I don't notice any issues with 7 11. Alot of them are busy. But i hardly patronize them unless to buy drinks. Their best seller is cigs.

These days I peg my expectations of 7-11 to those in Taiwan, Thailand and Japan. Even 7-11 stores in Singapore have more stuff than those in KL and JB.

 

[Loofydralb]

i am a loser in jb too, i am going in later to enjoy good food again. to be a loser again. an unvaccinated loser. Vaccinated winners stay in sg and never go to jb.

Clearly you didn't digest and comprehend what I said.

 

[Scrooball (clone)]

Isn’t this the same fucker who boasted about having a $1 million net worth ….of CPF monies by combining with his wife? Lol damn loser la. If he got any decency, he should just assess his own personal net worth, why need to combine with wife?

Is he a Malaysian? He’s got a very strong jiuhu lao beng vibe.

 

[k1976]

Industries
Finance

HSBC Plans New Round of Investment Bank Job Cuts Next Week​

• Wider layoffs of dealmakers to start in Asia as soon as Monday
• CEO Georges Elhedery continues to overhaul bank, slash costs

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WATCH: The latest phase of cuts is set to start in Asia, but will ultimately affect employees globally. Manuel Baigorri reports.Source: Bloomberg
By Bloomberg News
14 February 2025 at 8:09 AM SGT
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HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people familiar with the matter.

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, said the people, who asked not to be identified discussing private matters. It’s not clear how many people will be affected by the moves.

 

[k1976]

Isn’t this the same fucker who boasted about having a $1 million net worth ….of CPF monies by combining with his wife? Lol damn loser la. If he got any decency, he should just assess his own personal net worth, why need to combine with wife?

Is he a Malaysian? He’s got a very strong jiuhu lao beng vibe.

This Gentleman claimed to have extensive network in Jiuhu and extended families over there

This type is likely enjoy being 8am-5pm sinki and 6pm-7am cosplay as jiuhu

His million dollar CPF is locked insai until 70yrs old and he claimed can take out 4K monthly…. But never mention Net Present value , meaning is a financial outsider

 

[k1976]

Very likely the 70% camp

Isn’t this the same fucker who boasted about having a $1 million net worth ….of CPF monies by combining with his wife? Lol damn loser la. If he got any decency, he should just assess his own personal net worth, why need to combine with wife?

Is he a Malaysian? He’s got a very strong jiuhu lao beng vibe.

 

[WangChuk]

potong and marry her 2 daughters .... confirm can inherit million of dollars .... no need work so hard also can buy GCB and condo in JB liao.

 

[k1976]

KNN, now 流行 無厘頭 語無倫次.

Dun iron teeth
Many Jiuhu Kia wear mask at working places liao

 

[searcher1]

R&F value will not fall as its location is too good ... walking distance to CIQ.
Also due to its excellent location, it will only be "dormitory-style" of living
Guess most residents living there are the "cross-border nomads"
So guess the shops there are providing basic essential services

 

[Papsmearer]

R&F value will not fall as its location is too good ... walking distance to CIQ.
Also due to its excellent location, it will only be "dormitory-style" of living
Guess most residents living there are the "cross-border nomads"
So guess the shops there are providing basic essential services

The value will fall when the developer goes bankrupt and cannot finish the last phase.

HONG KONG - Chinese property developer Guangzhou R&F Properties said on July 9 that its unit Trillion Glory had received a winding-up petition from a Singapore-based private equity fund due to non-repayment of a loan.

The petition was filed on July 8 at a Hong Kong court by Seatown Private Credit Master Fund, which holds an 18 per cent interest in the total outstanding loan amounting to US$613.66 million (S$828.5 million).

Cash-strapped R&F is the latest Chinese property developer facing a liquidation suit filed by creditors.

 

[NanoSpeed]

Season Parking @ R&F Mall only RM450 per month