Category: Iskandar / JB Property
-
Linking KL, Iskandar, Malaysia – Singapore by HSR and RTS
A very significant joint announcement today (7 April 2014) was that the proposed High Speed Rail (HSR) as well as the Rapid Transit System is on track. The HSR is expected to be ready by 2020. This was announced in the 5th Malaysia-Singapore Leaders’ Retreat in Kuala Lumpur. These are expected to ensure seamless travel…
-
After 4 years of BULL, this year is BEAR (for how long?)
Affin Investment Bank Bhd said that Malaysia’s property market is heading towards a cyclical slowdown after 4 years of property bull cycle. It expects developers to have lower take up rates and weaker margins due to the higher competition as well as tough government property cooling measures. Some of the measures implemented by the developers…
-
Property Clock, where are we?
Property Insight Malaysia shared a very concise chart / property clock. Where are we now? Depending on where you read and whom you ask, the answer may be different. Even the readers in Property Insight Malaysia has different opinions despite everyone reading the same magazine / facebook page! 🙂 In real terms, transactions has…
-
Iskandar will not have a casino
Johor MB Mohamed Khaled said there is absolutely no truths in reports about JB having a casino. The reports in a few online portals are mischievous. Nevertheless he admitted that the approval is not for state to decide but it’s from the federal government. He completed his views on casino by saying that even if the…
-
Buy Penang or Iskandar first?
I think if you ask a Penangite, they would most probably tell you, buy Penang. Iskandar is just a piece of empty land 2.5 times the size of Singapore. If you ask a Johorean, they may tell you that they have only begun to believe that Iskandar might just work but to buy in Penang…
-
Medini – Another huge theme park?
Everyone knows Sunway Lagoon here in Malaysia. I read somewhere that when Tan Sri Jeffrey Cheah launched his first project there, he sold it for so little just to cover it’s cost. It was really unattractive then. Something like Damansara and Mont Kiara long time ago. Actually come to think of it, not that long…
-
Medini @ Iskandar – exemption and distance
This is a hot word recently. Medini has been exempted from the 30% property gains tax in Malaysia. This is an extremely important news because this meant that foreign buyers, especially from Singapore may continue to invest without having the dark cloud of 30% RPGT over their head. Medini is being developed by Medini Iskandar…
-
Frothiness building up in property market – Nouriel Roubini
Google him and you would know who this person is. Need no explanation in the economics world. He wrote an article in The Edge recently detailing how the global financial crisis was triggered by a series of collapsing housing market bubbles. He mentioned US as the one most well known. I think all of us…