Category: Iskandar / JB Property
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“We prefer the Klang Valley and Penang over Iskandar”
The recent comments from Maybank Investment Bank’s research unit was heavily quoted in no less than 5 articles that I read online. It said “We prefer the Klang Valley and Penang over Iskandar.” Reasons stated? Oversupply due to huge incoming supply in a crowded development space and aggressive land banking activities by Chinese developers. All…
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Very few Singaporean investors want Iskandar.
According to a survey from iProperty, only 8 percent of those surveyed said they are interested to buy Iskandar properties. Main reason they are not interested? The recent policy changes. Market has cooled since 2014 because of Real Property Gains Tax as well as the fact that foreigners can only buy property worth RM1 million…
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HSR KL – Singapore. Yes, it’s finally confirmed.
Someone forwarded the news in Facebook. Yes, according to a report in The Malaysian Reserve, the High Speed Rail (KL – Singapore) has already been approved last Friday. This is a significant news for both Malaysia and Singapore no matter WHICH country is said to benefit more and which would benefit less. Truth is, without…
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Iskandar for Singaporeans: Reversal or realisation?
An article by TODAYonline newspaper was forwarded by many in Facebook a few days ago. It was a very long article about the many middle income Singaporeans who have chosen to stay in Iskandar instead of within Singapore. They include a teacher whose daughters are all still studying in Singapore and the whole family travels…
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Scrap VEP. It will boost both Singapore and Malaysia.
In an online news report I read today. “Scrap VEP please.” SMI Association of Malaysia National President suggested this recently. He said both Malaysia and Singapore should just scrap the vehicle entry permit (VEP) because both countries must look at the bigger picture. Instead of these unnecessary actions against each other, both (Malaysia and Singapore)…
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Forest City. GDV down but it’s full steam ahead
Forest City gross development value (GDV) has done down a lot! To recap, this is a 66:34 joint venture between China-based developer Country Garden Holdings Ltd and Johor state government’s subsidiary company, Kumpulan Prasarana Rakyat Johor. It’s GDV has since been revised downwards by 25%. Yet, the total GDV is still a staggering RM450 Billion, down…
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Property Market. 6 years ago, today and 6 years later.
Is Johor Bahru expensive? Perhaps I should ask about whether Iskandar is considered expensive instead? How about Klang Valley or even greater KL or just Kuala Lumpur itself, are they expensive? In an online article from a news site, it said that five or 6 years ago, people can still find terrace houses costing RM150,000…
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Emerging Trend or Desperation?
Did you notice that advertisements by property developers on television (TV) are increasing? Especially during the Chinese New Year period of 2015? There used to be just one name a few years ago. This year, I have counted 5. Eco World, SP Setia, Mah Sing, R&F and Country Garden. If anyone saw more than 5,…