Category: Iskandar / JB Property
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Huge interest with KL – SG High Speed Rail. Good sign.
Okay, it will be 2026 before the high speed rail (HSR) Kuala Lumpur – Singapore (KL-SG HSR) is completed. This is assuming everything goes as per plan. Yes, there were some comments from the Chinese companies that if they are the ones building it, then the time needed can be shortened. That’s later perhaps since…
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China’s capital control and Chinese buyers for Forest City
We should not rely only on Chinese buyers for the property market. In fact if the percentage of foreign buyers ever reach 30 percent of the total transactions, we should be worried. At this moment fortunately their purchases are limited to the more luxury ones and not the affordable ones which are for Malaysians. Just…
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JB: Another 9,500 ‘luxury’ units completing in September 2017
Too many units too fast would contribute to oversupply which in turn will cause property prices to soften. Before everyone starts blaming whoever due the oversupply, just note that this happens ALL the time in ALL countries. As usual, when people are buying, the launchings automatically increase when the other developers saw the opportunity too.…
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Is Iskandar getting better? Or worse? Media reports.
I have been to Johor Bahru twice within the past 3 months. I think I could see positive developments and certainly constructions are happening in many places that I go to, including even the city centre. The two malls that I dropped by was full of people. I visited City Square and KSL Mall. In…
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Robotics in JB, with help of Siasun from China
If we type ‘robots replace humans’ in Google search, we can find unlimited Youtube videos about it. If we google for news, these are some of the articles: ‘Will robots replace human drivers, doctors and other workers?’ or this “Rise of the robots, what advances mean for workers.” Basically, the theme is the same. Robots will replace…
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The malls in Penang and the biggest regional one in JB?
I was invited to give a talk in Penang last weekend. The venue was Sunway Carnival mall. This is a mall which I have been to, many times in the past, when I was still based in Penang. I am now based in KL for the past 4 years. Finding a car park has always…
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BRT in JB. Not too exciting. RTS next. Can make it FASTER?
I think it’s clear that my personal preference is for Iskandar and Singapore to be better connected. Not just me, Singapore’s Prime Minister said the same thing especially for Singapore SMEs. Singapore’s future growth potential depends on local SMEs Besides Temasek is already a top investor in Iskandar today. Surely they are not doing it because…
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The ‘Chinese wave’ is continuing to flow into Malaysia.
I think most of us would agree that China should now be easily the biggest investor in Malaysia. From Iskandar in Johor to Bandar Malaysia in KL and even the East Coast Rail Link (ECRL), they are everywhere. Well, except Carey Island perhaps which may be by India. Read here: APSEZ and Carey Island with…
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Freehold or Leasehold? Of course freehold lah, if it’s a choice
I remember when my cousin sister asked me about a leasehold project in Sri Petaling. I told her to go ahead and buy as long as she likes it and the place is convenient. She bought it for just below RM200,000 many years ago. It’s 800 plus square feet. Guess what, the price has more…
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RM100k for a semi-detached / bungalow in Bandar Dato Onn? WOW.
I think this news was the highlight for Johoreans who needs a home and has yet to own a home. I think they should also be from lower-income bracket. In KL property market today, any apartment launching with condo facilities and below RM350,000 is going to receive lots of attention. Well how about landed properties…
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Forest City showrooms in Vietnam, Myanmar, Taiwan, Dubai and Japan
Forest City is a massive project in Iskandar Malaysia by Country Garden Holdings Co Ltd. By the time the four artificial islands are completed, it is expected to be inhabited by 700,000 people. An earlier article here. Forest City, RM75.8 billion, 20 years and eight core industries Recently, it was reported by many different media that it…
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Company with RM30 Billion worth of land?
We have often heard of gross development value (GDV) of over a billion ringgit or even a few billions these days. Getting bigger year after year even with a small piece of land, aslong as it’s strategic. However, do you know of any public listed developers having up RM30 Billion worth of land? Assuming land…