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ginfreely
24-05-2011, 05:39 PM
Greetings all, I have been following this thread from the beginning, and kudos and thanks to all those who've learnt and shared selflessly. The appeal of moving to JB is clear to all, and with limited downsides, the pros seem to outweigh the cons.

However, I'd like to ask an interesting hypothetical question, which I am not sure has been asked before, but here goes:

If you could afford to stay in Singapore, would you still move to Johor?

When I say "could afford" I mean you can pay up your primary residence (whatever type, before retirement) and have enough income to cover your needs, plus you project that retirement by a decent age is still achievable.

I hope those who've made the move or are considering the move, can shed some light as to how they might think, assuming they could achieve financial independence in Singapore. In other words, would the scale still tip in the same direction.

Any replies are much appreciated, and many thanks in advance.

Pleb.

Hypothetical questions are not welcome! Haha, no lah just joking...okay, the answer for me is no..I admit I'm pushed there simply by the escalating private property prices in Singapore and HDB policy changes last year. I'm not moving there for landed, big space or greenery, just a lower cost alternative for retirement.

Basically the FT influx created by PAP really worried me and I fear the need to work in menial jobs in my twilight years! This worry is bigger than the worry over crime in JB for me and that's why I took the plunge!

InformedHH
24-05-2011, 06:36 PM
U R reinforcing the belief that only LOSERS move to JB.

:mad::mad::mad::mad:




Hypothetical questions are not welcome! Haha, no lah just joking...okay, the answer for me is no..I admit I'm pushed there simply by the escalating private property prices in Singapore and HDB policy changes last year. I'm not moving there for landed, big space or greenery, just a lower cost alternative for retirement.

Basically the FT influx created by PAP really worried me and I fear the need to work in menial jobs in my twilight years! This worry is bigger than the worry over crime in JB for me and that's why I took the plunge!

InformedHH
24-05-2011, 06:37 PM
Does that mean you really cant afford to live in Spore?

No right?

Silly pleb


Hi Pleb,
A no of the forummers here are weekenders like myself..
We use CPF for the payments of Sg property (likely hdb) while the JB property may serve as a weekend resort or asylum..

Most would agree that expense in JB would be more affordable hence any retirement money would last easily 1.5 times longer in JB compared to Sg esp with escalating cpi in recent times.

Other perks include having freehold property at a 3rm leasehold HDB price..
Believe many other would contribute more on reasons why we head north...

Welcome..

InformedHH
24-05-2011, 06:43 PM
I think you did not notice that i mentioned that a solid academic foundation is a must. The art of being a physician comes next.

Similarly no one would want a poor scorer to teach his or her children. Grades first then art.

Well you may wanna disagree. Thats ok.

Would you say that the scholars from China are as bad as the Spore scholars? No right? They could be superior.

There is something wrong with the spore system. Thats why we have people like TPL around.

Having said that i believe education is primary. Sound academic knowledge is primary. No body would wanna be operated by a doctor just cause he is adept at handling sophisticated machinery although terribly lacking in knowledge.


oh well one man's meat another's grades. let's agree to disagree =)
point about teachers is how effective they are not how many distinctions they have scored in school previously. Are they good enough to induce a spirit of learning? to get kids excited about school? to inculcate valuable life lessons etc. I was once offered a place in the local U but rejected when i dropped into the class to sample what's on offer (its quite exciting when I did it actually! although I had friends who sneaked me in). The profs are no doubt brilliant but the magic is totally lost the moment they tried to teach. I was lucky enough to pursue a degree program in a brand name uni in UK. I was kept at the edge of my seat constantly i forgot how many times my jaws dropped in amazement. The profs there really loved to teach!

juxtapose it to the current crop of ruling party elites. Many coming from a scholar program like that of ancient China. Many are terrifically good in their grades but are very detached from the common men at large (there are small exceptions once in a while) writing policies nary a thought to the consequences of implementation. I am sure characters like TPL could have done exceptionally well academically in the past but her grades could only carry her that far...

hangyong
25-05-2011, 01:35 AM
@ InformeHH: nothing aginst you bro... but saw your last few post abit heated up.... relax... relax... enjoy the open space and fresh air in HH and relax... dun let things in forum posts rise your blood pressure... bo hua la... :-)

hangyong
25-05-2011, 01:40 AM
welcome! I'm also new to this forum, but sadly only hangyong replied to my first post yesterday. Maybe I should introduce myself more.

I've been travelling around Iskandar with my parents over the last 3 years since my parents bought their first home in Horizon Hills. It was love at first sight for our family. We would not have enjoyed this life if not for my father who insisted and nagged my mom to go there and take a look. He had nagged her for more than 6 months (actually more than that, probably 2 years) to check out developments like Sutera Utama and other older developments. They would often quarrel because it seemed impossible for her to ever live in a place she's afraid to go.

And eventually she was kinda forced to go there and have a look because she is the kind who is so negative about the area and also the kind you cannot persuade and change her mind.

At last they went there, and it all changed when she first entered the Horizon Hills Golf and Country Club and saw the scenery and green. That very night she could not sleep. It was the first time she is so excited about wanting to buy a new home, what more a home in a place she would never want to go. We have been going around Singapore to look for a new home for years and she has always complained about this and that. But when they were there, everything seems so perfect. They didn't feel like they were in Johor, a place where they have heard many negative stories, about the poor security, about abandoned projects. It felt like some resort estate in a country far from here.

I have to say we were quite lucky my mom got a very good first impression of the place. Had we not gone there, things would be very different now. The first step out to a foreign land seems so important to us, we chose the right path and direction. We eventually discovered more great places (EL, LF, etc) to visit.

And after that night, they did not think much, and drove in again a few times to check out the area and finally got a home there. Since then, we have been travelling there every week, we watched our home built from scratch. Bukit Indah and the surrounding townships have suddenly mushroomed and we witnessed all the rapid changes. There wasn't Jusco, Tesco, or even Giant in Bukit Indah/Bestari, not that I know what Jusco or Tesco were.

Just recently, we bought our second unit in HH. It's a new chapter in our lives and we are watching the unit been built like a new baby growing. I can strongly feel my relationship with my parents have grown so much stronger because we are enjoying all the good times together. :)

We have also met many happy families there. Just like many of us here who are full of excitement and energy despite the rare occasions when something bad happens.

This is just so great!

@ Lastresort: people here are generally nice, so no worries, just that we get carried away by certain topics at times and misses some posts. Ask your questions anytime, help answer any queries here and slowly get to know people here...

now that you are always in JB during weekends, are you staying at your parent's place in HH? Is it at The Gateway?

once again, welcome

aangsc
25-05-2011, 01:51 AM
@ InformeHH: nothing aginst you bro... but saw your last few post abit heated up.... relax... relax... enjoy the open space and fresh air in HH and relax... dun let things in forum posts rise your blood pressure... bo hua la... :-)

yes, yes for a while I was wondering who piss him off . Maybe should attend anger management or meditation or spend some leisure time in Johor to wind down , get some fresh air and stop looking back at Singaporean ugliness and bad social behaviour (just some). Generally most of us in this thread are exploring alternative living space. A handful may have gone into investment or preparing as retirement home. So just enjoy the kampong air in Johor; something Singapore does not have.

hangyong
25-05-2011, 02:11 AM
Oops I think you're right, on second thought better keep it low profile lest it become miscontrued as a Singaporean thing, although I don't think there was any intention for it to be a Singaporean vs Malaysian issue in the first place...

just a thought suddenly.... we keep quiet... more people come buy properties... our property price go up!

*hey... just a passing thought ok??? not that we should follow or anything... dun take it seriously...*

hangyong
25-05-2011, 02:50 AM
Greetings all, I have been following this thread from the beginning, and kudos and thanks to all those who've learnt and shared selflessly. The appeal of moving to JB is clear to all, and with limited downsides, the pros seem to outweigh the cons.

However, I'd like to ask an interesting hypothetical question, which I am not sure has been asked before, but here goes:

If you could afford to stay in Singapore, would you still move to Johor?

When I say "could afford" I mean you can pay up your primary residence (whatever type, before retirement) and have enough income to cover your needs, plus you project that retirement by a decent age is still achievable.

I hope those who've made the move or are considering the move, can shed some light as to how they might think, assuming they could achieve financial independence in Singapore. In other words, would the scale still tip in the same direction.

Any replies are much appreciated, and many thanks in advance.

Pleb.

Welcome to the forum, Pleb.

Regarding yout answer, I would say, yes, at leat on my part.

My mortgage for my 5rm HDB will end in 4 year's time, and it will take me a total of 12 years to complete it.
I have enough for my needs now, and if nothing goes wrong along the way, my needs should be covered at least for the next 10-20 years.
As for retirement, I am planning for it, but I am not sure if target is achievable.
If inflation goes as high as it goes the last few quarters, I think Singaporeans are in for a shock soon.
Many have suggested that one should sell the bigger house, and get a smaller house, and the balance from the sales can be used as retirement.
But is that what we are all looking forward to? Not me.

So, I got a unit in HH, pay for it now, and when I retire, I can rent out my place in Singapore and live happily in HH with the rental income.
Thats all I can plan for for now.

And from now till I retire, I can still rent out the place (if needed) to get rental to cover the purchase, and I can still save up here and there for retirement.

I also had an idea of renting out the place in HH, get it paid off, and sell it off just before I retire.
Then, I will use the money and buy a house in Cameron Highlands and move there (I like the weather lah!)...

What about you? You are asking for views, but we would like to hear your views too, at least I would.

And again, the above is just me. There are other achievers who are better off then me and are not a "loser" like me, and they have their views on getting a place in Malaysia which are different from mine.

The spectrum of foreigners buying houses in Malaysia are really wide.

wuqi256
25-05-2011, 03:05 AM
Hey guys,

Been down with really bad flu recently. Didn't feel well when i was back in SG and must have caught the flu bug.

Ok Pleb, as some of the folks here have already indicated, there is a wide range of people and different circumstances have made them make their move here.

There are people who are moving out here because of frustration living in a cooped up place with too many people. There are also lots who are escaping escalating costs in SG. Yet others who are here because they want to enjoy themselves with the clean air.

Amongst my neighbours, i have retired doctors, lawyers and an architect, all from Singapore. I also have a couple of divers who are living here. All of them still either have condos, HDB and/or landed property in Singapore. All can make it anytime they need to back in SG.

Take one of my closest friends here for example, he has 5 properties here plus his HDB back in SG. He recently sold off a private apartment back in SG. His HDB and cars are fully paid up. 2 of his properties here are fully paid up. He pays our SG government about 30k tax a year. His properties here are all rented out except for the one he stays in. His cars here are fully paid up. He is in his early 30s and have the same desire to be here as well.

So its not only the push factor that is part of the equation but the pull factor as well.

wuqi256
25-05-2011, 03:07 AM
do they have 24x7 service for doctor and emergency ?
Look rather quiet from outside.

Yes they do, the specialists and doctors are all staying in Nusa Idaman and surronding properties. Had a tenant whose child was very sick and they were attended by specialist who arrived within 15 minutes.

wuqi256
25-05-2011, 03:12 AM
Thanks for sharing Lastresort.

Hi Austinheights, people will slowly realise the grandplan to be unfolded,we may see a change in media reporting soon enough. ;)

hangyong
25-05-2011, 03:18 AM
Hey guys,

Been down with really bad flu recently. Didn't feel well when i was back in SG and must have caught the flu bug.

bro, you win liao lor.... go back Singapore only get sick... while in Malaysia, healthy all the way... haha

wuqi256
25-05-2011, 03:27 AM
Bro InformedHH, i think pleb was just analyzing the factors that made us came out to JB and wanted to discuss.
Wishing all a great week and coming weekend. :)

wuqi256
25-05-2011, 03:29 AM
bro, you win liao lor.... go back Singapore only get sick... while in Malaysia, healthy all the way... haha

Not sure why, may be because i itchy backside tried to take MRT to relive the old days as i haven't taken MRT in years. Used to be so poor, remembered one time, i walked 3 stations home as i didn't even have enough money to take MRT or bus.

singaporeplebian
25-05-2011, 03:59 AM
Dear all,

apologies as I am under moderation so there is a lag in my posts.

To those who have replied to my question thus far, I really appreciate the candid replies.

The first chap who replied (other than the toto winner! - nice one btw), I rubbed him the wrong way so was taken aback with the barrage that ensued that I thought I entered a lion's den smeared with butcher juice, but subsequent replies have been really telling, constructive and definitely useful.

Well, the reason why I am asking is because I think I fall into the category where if all goes to plan, I should be able to achieve my goals within a reasonable time frame and probably still be able to live (survive?) in Sg , cost-wise. I'm not one to compare who has more or who spends more (we all have different needs and wants), etc, but my needs are fairly modest, and I am so lucky that my spouse's approach is congruent to mine. So, if I complete the execution of my plans well, we should be ok, not wealthy, but everything will be paid up in a few years.

Someone asked a bit about me. I'm middle aged, I run a small business. Very small. I used to be a corporate guy but left because I didn't feel the lifestyle was sustainable, earn more, somehow spend more, easy to get sucked into the "keeping up with joneses" syndrome - perhaps it was my industry, and weakness of my character at that time. I earn much less now, but am infinitely happier. Striking out on my own has taught me a number of very useful lessons, especially how to live well within one's means.

There has been a strong desire or maybe a feeling of restlessness, which prompted me to look beyond our shores. I have lived abroad before, in a number of countries, but I have been back in Sg permanently for 15 years already.

So I looked around, and it looks like Johor is the logical choice (I too like Camerons but it's a bit remote).

So as I go in and out while exploring etc, one of the questions I asked myself was well, if money wasn't a consideration, would I still be thinking of this move?

And that prompted my initial post.

Someone asked about my views on this, I am still undecided, but I think there is a tipping point. And perhaps, I am not beyond that point to make the stay in SG compelling. In other words, everything will be so much more manageable if I made the move, therefore the scale tips in the direction of change.

Well, as it stands, it looks like me and the mrs will take the plunge, and to Wuqi et al, many thanks for the constructive replies, prior and subsequent to this post.

We all have a different story, I for one, consider myself very lucky to have had the experiences I've had thus far.

And oh yes, very important: To some others who say those who reply "yes, if I had enough money, I wouldn't move", I do not think it suggests "loser" as someone crudely put. I don't think anyone mature enough would suggest this.

Anyone who's made the move out of choice, has the respect of many for the courage displayed for stepping into unchartered territory.

I hope that the original aggravated poster will be able to accept my conciliatory approach, as no angst was intended on my part.

The consideration to move, is not only one of logistics, but also whether or not emotional well-being, health, stress levels, etc improve over time. In this regard, it is not about the money...

Once again, thanks to all.

Pleb.

2bfree2b
25-05-2011, 04:15 AM
Greetings all, I have been following this thread from the beginning, and kudos and thanks to all those who've learnt and shared selflessly. The appeal of moving to JB is clear to all, and with limited downsides, the pros seem to outweigh the cons.

However, I'd like to ask an interesting hypothetical question, which I am not sure has been asked before, but here goes:

If you could afford to stay in Singapore, would you still move to Johor?

When I say "could afford" I mean you can pay up your primary residence (whatever type, before retirement) and have enough income to cover your needs, plus you project that retirement by a decent age is still achievable.

I hope those who've made the move or are considering the move, can shed some light as to how they might think, assuming they could achieve financial independence in Singapore. In other words, would the scale still tip in the same direction.

Any replies are much appreciated, and many thanks in advance.

Pleb.

Hi Pleb, I have not move in to Johor yet but it's a confirmed decision to do so as i have been looking for a place for a few mths nw. & I just sold my HDB a few days back so it's a matter of time before I move in to Johor. I would like to share with u my decision to do so. It is not a matter of $$$ since I m single, no family commitment & quite comfortable with my own lifestyle. Not for retirement too, I m only 35 tis year.....long way from it. For investment? Nah. IMHO, I believe Singapore properties still yield beta returns. So nw if u add it all up, why would a young single middle class Singaporean move in to Johor?......For Quality of Life.....I have stayed & worked in Seoul for six mths, had a house in Bkk, working in Singapore & travel bac every mth for 5-7days stay for 3 years. & I come to realized that Singapore is really one of the most undesirable place to live in these past few years. Working is still quite ok here. I stay in a HDB where there are alot of ppl arnd but when compared to a similar place I have in Bkk, the warmth, friendliness & the simplicity of the neighborhood, u can call it the "kampung" feel, Singapore pales in comparison. Compared with a big metropolitan lifestyle in Seoul, Singapore is like no where near it. Tho there are traffics jams, crowded public transports, dirty places in Bkk, high cost of living in Seoul etc but in general, the ppl are happier there & I can feel it cos I m human. With this said, I too can feel that the ppl in Singapore are mostly unhappy or have alot of problems with human relationships. Examples like estranged relationships, affairs & divorces are so common in Singapore. Look at the statistics of the things I mentioned & u will be surprise at where we rank. The constant rat race, the measure of one's worth by the car we drive, the house we stay, the clothes wear etc is stressful. And when all these are achieved, the new cycle starts again. The measure of one's wealth by Hw many cars we have, Hw many properties we have, on & on. Singapore has become a very superficial society. I am not impress by this type of life. Cos life is not just abt these to me at least. I m still young & single. Do I want to live the rest of my life measuring up to a society's expectations? Hell no. Do I want my children to grow up to be obsess with material gains, forgetting how to be happy with just what we are, where we are, who we are & who we are with? Hell no.....i m not saying Singapore is a bad place to live in for all of us. It is a country with many merits. But sadly, after living in it for 35 years, I felt that the country for the past few years went thru much drastic changes......I can go on & on abt the many reasons why I made this decision to move to Johor. Affordability is the least of it cos when I made the decision to sell my HDB, I was planning to buy a condo in Singapore. But eversince I went in to Nusajaya, I have not look bac since. Thanks to those who took time to view my humble posting.

hangyong
25-05-2011, 05:39 AM
Hi hangyong,

I'm using Raffles money changer. This is their website: http://www.raffles1.net/

Their cash rate is not so good, TT rate better..

Hi ginfreely,

does that mean that you basicallt TT over to your Malaysia account from them, and they charge you $10 for the TT?

cathylmg
25-05-2011, 05:39 AM
Also means no need to study so hard.

Dun stress ur kids up. As long as you have Rm 90k im prepared to give you a seat.

What kind of doctors will u get this way?

Geez ..... where is the world heading...

Admission must always be on merit.... the deserving must get it and lots of scholarships must be offered to them.

However i can state most profit making institutions will turn a blind eye to merit.

rm90k is for how many year huh? May I know? Am also thinking of send my kids to Nusajaya for their University educations. But proberly Computer related. Don't know whether got these kind of courses.

hangyong
25-05-2011, 05:41 AM
rm90k is for how many year huh? May I know? Am also thinking of send my kids to Nusajaya for their University educations. But proberly Computer related. Don't know whether got these kind of courses.

aiyo cathy... I was so eager to come out of computer line... :-P

aangsc
25-05-2011, 05:48 AM
So, I got a unit in HH, pay for it now, and when I retire, I can rent out my place in Singapore and live happily in HH with the rental income.
Thats all I can plan for for now.

And from now till I retire, I can still rent out the place (if needed) to get rental to cover the purchase, and I can still save up here and there for retirement.

I also had an idea of renting out the place in HH, get it paid off, and sell it off just before I retire.
Then, I will use the money and buy a house in Cameron Highlands and move there .

Hey, same plan.
If you have plan to rent out HH now, pm me I pass you the contact.
I had an enquiry on my unit but mine is already reserved.

cathylmg
25-05-2011, 05:51 AM
oh well one man's meat another's grades. let's agree to disagree =)
point about teachers is how effective they are not how many distinctions they have scored in school previously. Are they good enough to induce a spirit of learning? to get kids excited about school? to inculcate valuable life lessons etc. I was once offered a place in the local U but rejected when i dropped into the class to sample what's on offer (its quite exciting when I did it actually! although I had friends who sneaked me in). The profs are no doubt brilliant but the magic is totally lost the moment they tried to teach. I was lucky enough to pursue a degree program in a brand name uni in UK. I was kept at the edge of my seat constantly i forgot how many times my jaws dropped in amazement. The profs there really loved to teach!

juxtapose it to the current crop of ruling party elites. Many coming from a scholar program like that of ancient China. Many are terrifically good in their grades but are very detached from the common men at large (there are small exceptions once in a while) writing policies nary a thought to the consequences of implementation. I am sure characters like TPL could have done exceptionally well academically in the past but her grades could only carry her that far...

Which reminds me of the degree qualifications requirements to teach in a primary school? Why do you need a degree to teach primary school subjects? It used to be mininmum 'A' Level. Now choose u-grads instead. But I thought passion for teaching is the most crucial thing.

Today is meet the parents day. The way they talk is like you better get you child to do these do that, as if I'm am the teacher responsible for their results. And if can't catch up better have extra tuition. Then what are teachers for? With the current scholar system and that kind of pay, I bet you are just going to attract those who are just in for the money. Not people who passionate enough to teach.

hangyong
25-05-2011, 06:00 AM
Hey, same plan.
If you have plan to rent out HH now, pm me I pass you the contact.
I had an enquiry on my unit but mine is already reserved.

wah.. we going to be neighers for a long long time!!! :-)
So where you plan to move to in Cameron??

my unit still under construction wor... have to wait 2 years... but I will let you know if I still need to rent it out..

aangsc
25-05-2011, 06:08 AM
wah.. we going to be neighers for a long long time!!! :-)
So where you plan to move to in Cameron??

my unit still under construction wor... have to wait 2 years... but I will let you know if I still need to rent it out..

I won't buy cameron highlands lah, I think will have problem selling later. Just use rental $ to stay up there better. Hopefully air still fresh for next few decades. Way too early to retire...only plan quite alike but not timeframe.

cathylmg
25-05-2011, 06:18 AM
Hi Pleb,
A no of the forummers here are weekenders like myself..
We use CPF for the payments of Sg property (likely hdb) while the JB property may serve as a weekend resort or asylum..

Most would agree that expense in JB would be more affordable hence any retirement money would last easily 1.5 times longer in JB compared to Sg esp with escalating cpi in recent times.

Other perks include having freehold property at a 3rm leasehold HDB price..
Believe many other would contribute more on reasons why we head north...

Welcome..

That kind of price for me, I can grap as many as I can afford so as to leave a piece of freehold property for my children. One for each of them. Even if they eventually cannot afford a property in Singapore in the near future, they can still have a roof over their head, for many many generations to come. Its the love for my children that makes me want to shelther them from stormy weathers ahead.

The way I see it, Singapore is overly developed, no more land. LKY has already said so long long ago. Nobody gave it a thought then. Thats why they go into casinos, tourism and service industries. Thats just the way it is inordered to sustain an overly developed economy. Contrary to popular belief, no government can take over and make the economy goes up up and away infinitely. Not even when opposition party takes over governing the country. Then only way to expand is anyones guess, northwards. Again, thats just my own opinion, you are entitled to yours.

As for IM, that price is low for now. Same as its economy. IMHO, it has got to a point where situation has bottom out. Going by Buddhas law of impermanace. There has got to be a turn around and I reckon that it is just around the corner. You can choose to come on board or stay away. Your decision, you bare the consequences.

Last be not least, the exchange rate is giving us an unfair advantage. A lot of us here knows that. Even the Johoreans knows it clearly. Thats the reasons behind those tens of thousands of motorist crossing the boarder in the mornings. The lure to Singapore Dollar is too difficult to resist. And for what? Of course to have that very same edge that we have. To stretch the dollars that earn with the same effort put in. So why are we so stupid not to follow them?

cathylmg
25-05-2011, 06:24 AM
Hypothetical questions are not welcome! Haha, no lah just joking...okay, the answer for me is no..I admit I'm pushed there simply by the escalating private property prices in Singapore and HDB policy changes last year. I'm not moving there for landed, big space or greenery, just a lower cost alternative for retirement.

Basically the FT influx created by PAP really worried me and I fear the need to work in menial jobs in my twilight years! This worry is bigger than the worry over crime in JB for me and that's why I took the plunge!

ginfreely, you won't face this problem if you move to JB. Infact, the FTs even gives you an added advantage. Think of it, the very same reasons that people draded, those FTs, will result in higher rental which only puts more coins in your pockets. Not good meh? Think deeper. LOL!

austin_hts
25-05-2011, 06:27 AM
Here is my short story ...

Long long time ago (actually no so long lah)...when I was in Univ, my frens and I visited JB for shopping and food .. we were robbed at Holiday Plaza in broad daylight...lost a few hundred dollars. No weapons, we ignored them but were threatened.."Do you believe that I will not let you return to Spore?", one of the robbers said. So we gave in and parted with our cash.. .. .. Since then, for 10 yrs or so, I stopped visiting JB.

I became excited when the Malaysia government initiated development plans for JB (http://www.iskandarmalaysia.com.my/). Wouldn't it be nice if we have a bigger region to visit/explore by land transport, do day/weekend trips? In 2008/09, a fren told us about Austin Heights. We procrastinated and missed out on the first few launches. But in Sep 09, made my first trip to JB since Uni days. Saw the surroundings in Austin Heights - eateries, schools, golf resort, safe environment - and loved the development. Believe it or not, we placed our deposit for a linked bungalow on that very day (got to trouble our fren to issue a malaysia cheque for us). Made a few more trips to check on progress (unfortunately, never to Nusajaya area). Collected our keys in Dec 10 and moved in early this year. Since then, we have been travelling to JB every weekend, exploring new places. So far so good, no incidents (touch wood), except for that durian sellers who conned us...... we look forward to weekends and do miss our JB 'home'.... ...

I like the developments in Nusajaya (HH, EL, LF..etc), but never regretted our purchase in Austin.

Oh, I only found out the existence of this forum this year ... and thanks all for your contributions/sharing, especially Wuqi for starting this thread ...

** I am excited about developments in JB ! **



Each and everyone of us here has a story to tell. Depends on whether we ask. So I would like to ask for an introduction from all newbies that comes here. We would like to hear your story. :)

mallow
25-05-2011, 06:27 AM
Hi Pleb, I have not move in to Johor yet but it's a confirmed decision to do so as i have been looking for a place for a few mths nw. & I just sold my HDB a few days back so it's a matter of time before I move in to Johor. I would like to share with u my decision to do so. It is not a matter of $$$ since I m single, no family commitment & quite comfortable with my own lifestyle. Not for retirement too, I m only 35 tis year.....long way from it. For investment? Nah. IMHO, I believe Singapore properties still yield beta returns. So nw if u add it all up, why would a young single middle class Singaporean move in to Johor?......For Quality of Life.....I have stayed & worked in Seoul for six mths, had a house in Bkk, working in Singapore & travel bac every mth for 5-7days stay for 3 years. & I come to realized that Singapore is really one of the most undesirable place to live in these past few years. Working is still quite ok here. I stay in a HDB where there are alot of ppl arnd but when compared to a similar place I have in Bkk, the warmth, friendliness & the simplicity of the neighborhood, u can call it the "kampung" feel, Singapore pales in comparison. Compared with a big metropolitan lifestyle in Seoul, Singapore is like no where near it. Tho there are traffics jams, crowded public transports, dirty places in Bkk, high cost of living in Seoul etc but in general, the ppl are happier there & I can feel it cos I m human. With this said, I too can feel that the ppl in Singapore are mostly unhappy or have alot of problems with human relationships. Examples like estranged relationships, affairs & divorces are so common in Singapore. Look at the statistics of the things I mentioned & u will be surprise at where we rank. The constant rat race, the measure of one's worth by the car we drive, the house we stay, the clothes wear etc is stressful. And when all these are achieved, the new cycle starts again. The measure of one's wealth by Hw many cars we have, Hw many properties we have, on & on. Singapore has become a very superficial society. I am not impress by this type of life. Cos life is not just abt these to me at least. I m still young & single. Do I want to live the rest of my life measuring up to a society's expectations? Hell no. Do I want my children to grow up to be obsess with material gains, forgetting how to be happy with just what we are, where we are, who we are & who we are with? Hell no.....i m not saying Singapore is a bad place to live in for all of us. It is a country with many merits. But sadly, after living in it for 35 years, I felt that the country for the past few years went thru much drastic changes......I can go on & on abt the many reasons why I made this decision to move to Johor. Affordability is the least of it cos when I made the decision to sell my HDB, I was planning to buy a condo in Singapore. But eversince I went in to Nusajaya, I have not look bac since. Thanks to those who took time to view my humble posting.

Hi Soon2BFree
Happy to read your post with such clearly articulated thoughts. I get so much flak for having moved over [not that I really care, but it can be boringly repetitive from genuine friends, so cannot politely tell them to diam mulut yet again].
Was just with some newbies at the Urban Retreat for a first organized informal neighbourly get-together. ALL were quietly so happy to be living in Johor. Many insights, some useful sharing of information: Singaporeans, Malaysians and other expats. And we ranged in age from 30s - 60s, with a couple of babies in tow.
Writing to ask if I may quote your post in my weblog [www.puterim.com], slightly amended - mostly to put in paragraphing for easier reading. Erm ... another reason is that you are not at the usual retirement age of 60+, so it is refreshing and positive reading.
With thanks

austin_hts
25-05-2011, 06:33 AM
Shld be recognised by Spore (sooner or later). Understand that Newcastle University is offering other degree courses in Spore too (tie up with polytechnics -
http://www.ncl.ac.uk/international/country/asia/singapore/ )


RM90k per year is rather okay price, last time my colleague who sent her daughter to UK to study prepared budget of half a million SGD to study all the way from A level to complete medicine there, some more sold off her merc and downgrade to taking bus all for this study. Now with this university so near, such devoted parents got a much less costly option to consider. New castle is UK university, so should be the same degree as study in UK right?!

austin_hts
25-05-2011, 06:37 AM
Yes. And I am looking forward to the 'announcement' in Jun 11... possibly Temasek's investment or MRT/Commute link between JB and Spore. I think it shld be something significant.


Thanks for sharing Lastresort.

Hi Austinheights, people will slowly realise the grandplan to be unfolded,we may see a change in media reporting soon enough. ;)

cathylmg
25-05-2011, 06:41 AM
aiyo cathy... I was so eager to come out of computer line... :-P

Why huh? why you wanna come out? what kind of job you are doing that makes you so miserablely thinking of coming out? Ahem! Sorry for asking. No harm know more.

My son is so interested in fixing gadgets that he wanna open his very own computer repair store at Sim Lim Square. He even save up to by his own toy securities gadgets like line traps and is asking to buy a laser beams....I bet he thought its so be fun! LOL!

austin_hts
25-05-2011, 06:43 AM
One yr RM90K. But this is for medicine programme.

Newcastle university will be offering other course later... presume will be much cheaper ...


rm90k is for how many year huh? May I know? Am also thinking of send my kids to Nusajaya for their University educations. But proberly Computer related. Don't know whether got these kind of courses.

hangyong
25-05-2011, 06:45 AM
I won't buy cameron highlands lah, I think will have problem selling later. Just use rental $ to stay up there better. Hopefully air still fresh for next few decades. Way too early to retire...only plan quite alike but not timeframe.

buy to stay in when retired mah... haha... not thinking of selling...

aangsc
25-05-2011, 06:47 AM
Yes. And I am looking forward to the 'announcement' in Jun 11... possibly Temasek's investment or MRT/Commute link between JB and Spore. I think it shld be something significant.

Wonder if those houses near MRT stations going to sell like hotcake like in SG ?

hangyong
25-05-2011, 06:52 AM
Why huh? why you wanna come out? what kind of job you are doing that makes you so miserablely thinking of coming out? Ahem! Sorry for asking. No harm know more.

My son is so interested in fixing gadgets that he wanna open his very own computer repair store at Sim Lim Square. He even save up to by his own toy securities gadgets like line traps and is asking to buy a laser beams....I bet he thought its so be fun! LOL!

doing something that you are interested in is always fun.
I was an administrator earlier on and is on 24/7 standby.
When single, ok lah.
But once married, 24/7 standby cannot make it.

And with the constant influx of FT in the same trade, companies are looking for cheaper alternatives, outsourcing IT department, etc.
End up, you have to go contract basis...

Tiring job mentally, and you have to fight with the FT on pay and projects, and worry when your contract is ending...

sad lah...

but that is administrator lah. If doing own biz, maybe better? I am not sure.

cathylmg
25-05-2011, 06:54 AM
Here is my short story ...

Long long time ago (actually no so long lah)...when I was in Univ, my frens and I visited JB for shopping and food .. we were robbed at Holiday Plaza in broad daylight...lost a few hundred dollars. No weapons, we ignored them but were threatened.."Do you believe that I will not let you return to Spore?", one of the robbers said. So we gave in and parted with our cash.. .. .. Since then, for 10 yrs or so, I stopped visiting JB.

I became excited when the Malaysia government initiated development plans for JB (http://www.iskandarmalaysia.com.my/). Wouldn't it be nice if we have a bigger region to visit/explore by land transport, do day/weekend trips? In 2008/09, a fren told us about Austin Heights. We procrastinated and missed out on the first few launches. But in Sep 09, made my first trip to JB since Uni days. Saw the surroundings in Austin Heights - eateries, schools, golf resort, safe environment - and loved the development. Believe it or not, we placed our deposit for a linked bungalow on that very day (got to trouble our fren to issue a malaysia cheque for us). Made a few more trips to check on progress (unfortunately, never to Nusajaya area). Collected our keys in Dec 10 and moved in early this year. Since then, we have been travelling to JB every weekend, exploring new places. So far so good, no incidents (touch wood), except for that durian sellers who conned us...... we look forward to weekends and do miss our JB 'home'.... ...

I like the developments in Nusajaya (HH, EL, LF..etc), but never regretted our purchase in Austin.

Oh, I only found out the existence of this forum this year ... and thanks all for your contributions/sharing, especially Wuqi for starting this thread ...

** I am excited about developments in JB ! **

I'm glad to read about your experiences. Yeah, alot of people are still stuck in the 10-20years ago notorious robbery/kidnapping era. Once there, it becomes our mission to bring them our of it. No doubt about it.

aangsc
25-05-2011, 07:07 AM
doing something that you are interested in is always fun.
I was an administrator earlier on and is on 24/7 standby.
When single, ok lah.
But once married, 24/7 standby cannot make it.

And with the constant influx of FT in the same trade, companies are looking for cheaper alternatives, outsourcing IT department, etc.
End up, you have to go contract basis...

Tiring job mentally, and you have to fight with the FT on pay and projects, and worry when your contract is ending...

sad lah...

but that is administrator lah. If doing own biz, maybe better? I am not sure.

Any job that can be outsourced is bad especially in IT line unless you are front end consultant where getting deal is your specialty. I had frenz in aussie uni and was doing well as proj manager until the influx of indian it professional and mind you that is not in SG but downunder but the same apply to SG. You can be better and faster but not alway cheaper because we have many mouths to feed and bills to pay unlike some of these professional who will return once they earn enough to be king back home.

cathylmg
25-05-2011, 07:12 AM
Any job that can be outsourced is bad especially in IT line unless you are front end consultant where getting deal is your specialty. I had frenz in aussie uni and was doing well as proj manager until the influx of indian it professional and mind you that is not in SG but downunder but the same apply to SG. You can be better and faster but not alway cheaper because we have many mouths to feed and bills to pay unlike some of these professional who will return once they earn enough to be king back home.

Thats what I was talking about all the while. Its the same everywhere. That why we must think like them and do like them. Reverse strategy.

aangsc
25-05-2011, 07:25 AM
Thats what I was talking about all the while. Its the same everywhere. That why we must think like them and do like them. Reverse strategy.

It is a bit hard to emulate. When my frenz was 25+ , he can think like them, work like them , paid like them but after a few years when you are paid higher ,then come another new professional and he will accept lower pay , how low can you go ? He can work longer hour but my frenz has family already , how long can you stay ? There is no way we can compete with the new FT influx, you can never be 25+ forever and remains single for the sake of hanging on ?

LeMans2011
25-05-2011, 07:36 AM
Hi Pleb, I have not move in to Johor yet but it's a confirmed decision to do so as i have been looking for a place for a few mths nw. & I just sold my HDB a few days back so it's a matter of time before I move in to Johor. I would like to share with u my decision to do so. It is not a matter of $$$ since I m single, no family commitment & quite comfortable with my own lifestyle. Not for retirement too, I m only 35 tis year.....long way from it. For investment? Nah. IMHO, I believe Singapore properties still yield beta returns. So nw if u add it all up, why would a young single middle class Singaporean move in to Johor?......For Quality of Life.....I have stayed & worked in Seoul for six mths, had a house in Bkk, working in Singapore & travel bac every mth for 5-7days stay for 3 years. & I come to realized that Singapore is really one of the most undesirable place to live in these past few years. Working is still quite ok here. I stay in a HDB where there are alot of ppl arnd but when compared to a similar place I have in Bkk, the warmth, friendliness & the simplicity of the neighborhood, u can call it the "kampung" feel, Singapore pales in comparison. Compared with a big metropolitan lifestyle in Seoul, Singapore is like no where near it. Tho there are traffics jams, crowded public transports, dirty places in Bkk, high cost of living in Seoul etc but in general, the ppl are happier there & I can feel it cos I m human. With this said, I too can feel that the ppl in Singapore are mostly unhappy or have alot of problems with human relationships. Examples like estranged relationships, affairs & divorces are so common in Singapore. Look at the statistics of the things I mentioned & u will be surprise at where we rank. The constant rat race, the measure of one's worth by the car we drive, the house we stay, the clothes wear etc is stressful. And when all these are achieved, the new cycle starts again. The measure of one's wealth by Hw many cars we have, Hw many properties we have, on & on. Singapore has become a very superficial society. I am not impress by this type of life. Cos life is not just abt these to me at least. I m still young & single. Do I want to live the rest of my life measuring up to a society's expectations? Hell no. Do I want my children to grow up to be obsess with material gains, forgetting how to be happy with just what we are, where we are, who we are & who we are with? Hell no.....i m not saying Singapore is a bad place to live in for all of us. It is a country with many merits. But sadly, after living in it for 35 years, I felt that the country for the past few years went thru much drastic changes......I can go on & on abt the many reasons why I made this decision to move to Johor. Affordability is the least of it cos when I made the decision to sell my HDB, I was planning to buy a condo in Singapore. But eversince I went in to Nusajaya, I have not look bac since. Thanks to those who took time to view my humble posting.

Nice read... though i wished you split it up to paragraphs :-D
For me i have been living here for 2 years plus. Like anywhere else there are definitely pros and cons. If you are average in Singapore financially, you live average, but you live rather well over here. High score on happiness index.

cathylmg
25-05-2011, 07:37 AM
Thats what I was talking about all the while. Its the same everywhere. That why we must think like them and do like them. Reverse strategy.

I was retrenched 2 times. The 2nd time my accountant purposely told me that my other Malaysian FT colleage has been very accomodating. Up to the point of not getting her salaries for a few month. It was a very small company. Bosses kept on saying company not making money, but then strange, I had the previllage to come into knowledge of my bosses paying himself a of S$5K salaries monthly via HR accounts. That was 10 odd years ago. When my FT malaysian colleage was on maternity leave, I was pregnant and vomiting frequently, but still have to cover her job. 2 full sets of account at only $100 extra pay. You may think that that's really bad. Not at all. Worst still, the minute I finished my confinement, Monday I had to start work, on Friday I took out all my office clothes to iron. My accountant call to say that my position was redandant and so they terminated me.

There was no mercy. The very desk that I was working in, they built a room on it, all my things was put into an A4 size paper box. Casted out on the empty table outside the room. When I went back to collect my last pay cheque, they made me sign a paper document of not intending to pursue any liability. My pay was final, I collected my box, went home and went into post natal blues. It took me about a year to finally come out of it.

So you see? I keep repeating that its the same everywhere. Nobody bothers. You are on your own. Don't expect anyone to help you. No matter what the hell you have been through, how much sacrifices you have made for the company, its your business, life still goes on. The sooner you come to your senses the better. Do yourself a favour, plan for your own retirement. Take care of yourself. Don't wait for others to take care of you. There is no such thing.

euphony
25-05-2011, 07:51 AM
With the current scholar system and that kind of pay, I bet you are just going to attract those who are just in for the money. Not people who passionate enough to teach.

they are remunerated very well plus their 'connect' plan offered to teachers. i know of some who use it to numb their job's lows and flow along with the system hoping to ride out to the end of waters. Others are really dedicated but sometimes the system tend to extinguish this passion. hmm...

Analytical Professor
25-05-2011, 07:53 AM
Grago ur rite.

I just got 243.5 as well.

euphony
25-05-2011, 07:54 AM
Thanks for sharing Lastresort.

Hi Austinheights, people will slowly realise the grandplan to be unfolded,we may see a change in media reporting soon enough. ;)

can't wait can't wait!

Analytical Professor
25-05-2011, 07:56 AM
Pleasant weather in jb now.

Yet a question. Spore heavy rain. Jb no rain at all

Analytical Professor
25-05-2011, 07:58 AM
Black soil going for rm 1.50/3kg in tesco

usual price rm 2.90

aangsc
25-05-2011, 08:00 AM
I was retrenched 2 times. The 2nd time my accountant purposely told me that my other Malaysian FT colleage has been very accomodating. [/B].

Sorry to hear that. What is this about 'reverse strategy' ?

The current wave are Indian, Pinoy and PRC , they are cheaper than M'sian. Now you hardly see M'sia in certain trade because they just could not go lower than the next wave of FT. For me I feel the only way is to stay in the frontline and not the backend workers that are usually outsourced/replaced. So, choosing a career is extremely important for kids but before that the course of study is the starting journey to one life destiny.

Analytical Professor
25-05-2011, 08:01 AM
Can you believe people rob bricks? So i gotta go and buy some bricks now.

Analytical Professor
25-05-2011, 08:02 AM
Can you believe that people wanna rob bricks?

How disgusting!

Analytical Professor
25-05-2011, 08:03 AM
Now going to buy another 70-100 bricks

mallow
25-05-2011, 08:04 AM
Aiyoh Cathy! What babi & ungrateful people you worked for!
Very glad all has worked out for you and that you are enjoying life here now.
Yes, we are on our own. I have always found that doing anyone a favour is risky if you hope even for gratitude. As one friend put it. "Expect terima kasut rather than terima kasih!"
Yet ... I have been blessed with amazing kindness and generosity from total strangers who had nothing to gain.
Who can fathom what this Life is all about?

cathylmg
25-05-2011, 08:07 AM
Sorry to hear that. What is this about 'reverse strategy' ?

The current wave are Indian, Pinoy and PRC , they are cheaper than M'sian. Now you hardly see M'sia in certain trade because they just could not go lower than the next wave of FT. For me I feel the only way is to stay in the frontline and not the backend workers that are usually outsourced/replaced. So, choosing a career is extremely important for kids but before that the course of study is the starting journey to one life destiny.

They work in your country to buy up in their land. Why not you work in your country and buy up their land? I'm not only refering to JB, it could also be Thailand, China, India,...et cetera...investment is the word, making your money work harder for you is the key. Be frugal like them when your are young and single. Enjoy when your grow old. Invest as much as you can. Retire yourself. Don't wait to be fired. Thats the most simple words that I can use now. Thats my attitude now. Life is short, don't wait.

wuqi256
25-05-2011, 08:08 AM
I am very proud that you bounced back and with a vengence Cathylmg, my wife suffered the same thing as you and was retrenched for a Chinese FT. She miscarried as well as they treated her very badly and she wanted to do the right thing by the company(i wished they did the same for her). The same Chinese FT was then retrenched a few months later for somebody even cheaper(not sure how that is possible)

I worked doubly hard, invested wisely so that she didn't have to work anymore after that. She has not been working for more than 5 plus years now. Now with regularly rental income, a company of her own, she is in a better position financially. When i pass on, at least will not need to worry for her financially.

euphony
25-05-2011, 08:09 AM
Cathy/aangsc, this is a story I found posted on MCF. For reading pleasure which I though was relevant and close to heart about FT etc issues to strenthen some of the points you've both made. =)


My first job after graduation was with an MNC. I was paid $2.5k a month as a system engineer. It was considered average remuneration at that time. My engagement was on annual contract basis and the notice period was two weeks. For two years, I was pushing myself to learn as much as possible, not just technically but also in terms of relating to people at work, with our vendors and our customers.

Although I did not receive any pay increment during the two years, I did not feel bitter because I felt that it was more important to acquire and build up a repertoire of both technical and soft skills. I was the sole breadwinner of my family at that time but I did not feel pressured by that. As I grew in my experience and knowledge, I developed the understanding and awareness that as long as I had the right attitude and tenacity as well as the right skillsets, I could survive anywhere even if my employer terminated my contract the very next day.

During my own free time in the evenings and over the weekends, I expanded on my existing technical knowledge through books borrowed from the library and read up on the latest technological information online. I developed programming components that could be used to construct systems quickly. As my personal library of components increased in size, I could create systems more easily. Initially these were simple ones but in a matter of a year, I could put together more complex systems using these components.

Eventually I tendered my resignation after two years with the MNC. I left on amicable terms with my superiors and the company and my boss even told me that should I want to rejoin, he would welcome me back any time. The reason for my leaving was an extension of my childhood dream - to run my own IT business. At the point when I handed in my resignation letter, I had less than $3,000 in my bank account. Much of my earnings had gone to the family and also on the personal self-improvement activities that I had undertaken during employment.

Despite the little money that I had in my account, I did not feel any fear or trepidation. In fact, there was a feeling of liberation and that it was a necessary step. I felt ready because I had already equipped myself with what I had considered the essential for survival - attitude and ability. In the first month after my resignation, I incorporated a Pte Ltd company and put in almost 20-hour days for the entire month to create a software product that could be used by most businesses. I slept for an average of less than four hours per day.

In the day, I made phone calls to prospects and arranged demo sessions wherein I would present whatever I had at that point in time. The aspects which were not completed, I told the prospects that they would be ready by month-end and asked them to give me an opportunity. I priced each software license at $1,000 including one year support. In that first month, two SMEs agreed to give my product a try. It was probably out of compassion that the owners gave me the opportunity and I was (still am) very grateful to them (they are my good friends today).

With the opportunity given, I did my best to deliver the promised features by the end of the month. While the product was not totally complete, most of the features that I had promised during the presentation were working and my customers gave me more time to work on the product while requesting additional features that they had thought of during the UAT. They even offered to pay for the extra features as they knew these were not originally part of my product.

The following months were interesting. In certain months, I did not have a single sale because most of my time had been spent on the programming. In the later months of the first year, with a growing product (and more features from those customisations), I managed to secure around twenty deals. Together with the customisation remuneration, I hit $30k for the first year. It was a milestone for me because that was just slightly below what I would have drawn annually in my last job.

It was a gratifying first year because it involved a lot of blood and sweat (not much blood, more sweat actually). More importantly, it reinforced my initial belief that with the right attitude and ability, I would not need to go hungry.

Fast forward to 2011 - today I have more than twenty different products which my company sells and I have a team of ten who help me in both the sales and development areas of business. The journey had not been easy (and still is not easy) but I have never even once regretted stepping out of employment to be my own boss.

There are a few principles which I stick to today:

a. there is no point in complaining about the environment. Many people complain about Singapore being a small market and that it's impossible to do well depending on just the local market. In reality, the do-ers pull up their socks and make things happen instead of channeling their energies to complaints and grumblings. Learn the rules of the game and play the game within the regulatory framework

b. if others can do it, so can I. Whenever I come across success stories both in the media or through my own network, I do not feel jealous. Instead, I am happy for those who have achieved their success in life (whatever that may be) and I grit my teeth and work harder towards my own goals

c. always keep an open mind. The survivors in any environment are those that keep an open mind. They are open to learning; they are open to acknowledging that they may be wrong. Adaptability is a consequence of being open-minded. If you are open-minded, you will survive anything

d. financial discipline is key; many people spend beyond their means e.g. someone earning $5k a month spends as if he earns $10k a month. Someone earning $10k a month spends as if he earns $15k a month. Instead of doing that, try spending below your means. If you earn $15k a month, spend as if you earn $10k a month. If you earn $10k a month, spend as if you earn $5k a month

e. eliminate all your bad habits. This may rile some folks but I am a firm believer of abstinence from cigarettes, alcohol and other vices. These are costly financially and saps you in almost all aspects of your existenence - physical, mental, emotional.

Carpe Diem!

wuqi256
25-05-2011, 08:09 AM
They work in your country to buy up in their land. Why not you work in your country and buy up their land? I'm not only refering to JB, it could also be Thailand, China, India,...et cetera...investment is the word, making your money work harder for you is the key. Be frugal like them when your are young and single. Enjoy when your grow old. Invest as much as you can. Retire yourself. Don't wait to be fired. Thats the most simple words that I can use now. Thats my attitude now. Life is short, don't wait.

I didn't realise we share the same thoughts on this. Yes, reversing and making their land, the new hinterland.

Analytical Professor
25-05-2011, 08:10 AM
Good analysis. Next round africans?:p

choosin a career not easy in spore cause govt here will decide if u go jc/poly/ite/uni

not like other countries where you decide what u wanna do.

In spore u must hv money then u can decide what you wanna do




Sorry to hear that. What is this about 'reverse strategy' ?


The current wave are Indian, Pinoy and PRC , they are cheaper than M'sian. Now you hardly see M'sia in certain trade because they just could not go lower than the next wave of FT. For me I feel the only way is to stay in the frontline and not the backend workers that are usually outsourced/replaced. So, choosing a career is extremely important for kids but before that the course of study is the starting journey to one life destiny.

wuqi256
25-05-2011, 08:12 AM
Agree, especially with the last portion as i use these principles for my daily life, unfortunately most people cannot do C. :

b. if others can do it, so can I. Whenever I come across success stories both in the media or through my own network, I do not feel jealous. Instead, I am happy for those who have achieved their success in life (whatever that may be) and I grit my teeth and work harder towards my own goals

c. always keep an open mind. The survivors in any environment are those that keep an open mind. They are open to learning; they are open to acknowledging that they may be wrong. Adaptability is a consequence of being open-minded. If you are open-minded, you will survive anything

d. financial discipline is key; many people spend beyond their means e.g. someone earning $5k a month spends as if he earns $10k a month. Someone earning $10k a month spends as if he earns $15k a month. Instead of doing that, try spending below your means. If you earn $15k a month, spend as if you earn $10k a month. If you earn $10k a month, spend as if you earn $5k a month

e. eliminate all your bad habits. This may rile some folks but I am a firm believer of abstinence from cigarettes, alcohol and other vices. These are costly financially and saps you in almost all aspects of your existenence - physical, mental, emotional.

I know of associates who have been retrenched from jobs paying $8k a month and they wait out a year or two, turning down job offers of $5k a month because they feel they would be "short-changed". I always explain to these associates that if they feel that the company making the job offer is sound and offers opportunities for growth, take up the $5k per month offer and then demonstrate to their employers that they are deserving of $8k a month by producing returns in excess of that.

The formula is simple: companies employ because they want to make a profit. If you are paid $8k a month, you would naturally need to generate more than $8k a month for your employer. If you are drawing $5k a month and are consistently generating $10k a month for your employer, your request for a pay raise would definitely be seriously considered (and likely accepted).

wuqi256
25-05-2011, 08:13 AM
Now going to buy another 70-100 bricks

Hi AP, bricks?? You know there is this Nusa Bestari side, near a few money changer and the Soon clinic? There are lots of bricks there? Saw people picking the other day.

wuqi256
25-05-2011, 08:15 AM
Aiyoh Cathy! What babi & ungrateful people you worked for!
Very glad all has worked out for you and that you are enjoying life here now.
Yes, we are on our own. I have always found that doing anyone a favour is risky if you hope even for gratitude. As one friend put it. "Expect terima kasut rather than terima kasih!"
Yet ... I have been blessed with amazing kindness and generosity from total strangers who had nothing to gain.
Who can fathom what this Life is all about?

Yes, thats why help people without expectation of any return or even thanks. Gratitude is like the rare rose whereas the lack of it being displayed by most is as common as weeds. Most people teach their kids to study but not good values. Hence later in life, they either blame the schools, the government but never looked
at themselves. Education starts at home.

wuqi256
25-05-2011, 08:15 AM
Very true prof, in SG money talks more than most realise.

Analytical Professor
25-05-2011, 08:23 AM
Hmm in malaysia everything also can rob. Bricks also

50 bricks per trip.

Cost rm 0.44/ red brick

cathylmg
25-05-2011, 08:24 AM
Yes, thats why help people without expectation of any return or even thanks. Gratitude is like the rare rose whereas the lack of it being displayed by most is as common as weeds. Most people teach their kids to study but not good values. Hence later in life, they either blame the schools, the government but never looked
at themselves. Education starts at home.

When the bosses keeps telling me repeatedly that company is not making money, that this line is still good money, that we must stay together to steer the ship and then we are the pioneers. Its all bullshits!

cathylmg
25-05-2011, 08:25 AM
Hmm in malaysia everything also can rob. Bricks also

50 bricks per trip.

Cost rm 0.44/ red brick

Professor, how did you get rob of your bricks? Can pls eleborate?

Analytical Professor
25-05-2011, 08:29 AM
I saw that one Wuqi. Asked my wife. Scolded by her he he


Hi AP, bricks?? You know there is this Nusa Bestari side, near a few money changer and the Soon clinic? There are lots of bricks there? Saw people picking the other day.

Analytical Professor
25-05-2011, 08:33 AM
Imagine your neighbours in Setia Tropika doing it. Disgustin right. Robbing your own neighbours stuff.

I used it to protect my plants from the landscapers.

People helped themselves to it.

What to do?


Professor, how did you get rob of your bricks? Can pls eleborate?

cathylmg
25-05-2011, 08:38 AM
I am very proud that you bounced back and with a vengence Cathylmg, my wife suffered the same thing as you and was retrenched for a Chinese FT. She miscarried as well as they treated her very badly and she wanted to do the right thing by the company(i wished they did the same for her). The same Chinese FT was then retrenched a few months later for somebody even cheaper(not sure how that is possible)

Wuqi, same experiences lah. No raise for 3 years. Eat my bonuses for 2 years, even wanna cut my 13 months. Nobody will be loyal to this kind of company. Now the company is closed for good. Serve them right. Orbee good!


I worked doubly hard, invested wisely so that she didn't have to work anymore after that. She has not been working for more than 5 plus years now. Now with regularly rental income................

We went through a period of darkness afterwards, then strange thing happened, businesses picked up, my hubby worked very hard on his business. I didn't had go back to work since then. I think he also felt the same calling as you do. That is to provide. We are better off now, although still poor.... :)

abugumgum
25-05-2011, 08:41 AM
Grago ur rite.

I just got 243.5 as well.

Hi AP,

You have a good rate.
May I know which money changer to go?
I always get around 2.4

Thanks

cathylmg
25-05-2011, 08:42 AM
Imagine your neighbours in Setia Tropika doing it. Disgustin right. Robbing your own neighbours stuff.

I used it to protect my plants from the landscapers.

People helped themselves to it.

What to do?

Wah biang! You got approach you neighbour or not? Or they thought its someone just throw it there one? Next time bind it with cement lor. More heavy to remove. haha!

cathylmg
25-05-2011, 08:46 AM
Can you believe that people wanna rob bricks?

How disgusting!

Next time tree kenna uproot or not? Touch wood, just can't help imagine... :P

aangsc
25-05-2011, 09:11 AM
I worked doubly hard, invested wisely so that she didn't have to work anymore after that. She has not been working for more than 5 plus years now. Now with regularly rental income, a company of her own, she is in a better position financially. When i pass on, at least will not need to worry for her financially.

Wah brother, you must shared some secret how to invest so wisely that your spouse do not have to work and yet own multiple units of ppty there. Your attitude is commendable.

ginfreely
25-05-2011, 09:13 AM
U R reinforcing the belief that only LOSERS move to JB.

:mad::mad::mad::mad:

I don't know what is the reason for your move to JB, whether alternative lifestyle or whatever, but what gives you the right to call people who are looking for lower cost alternative for retirement as LOSERS? You are so damn rude! :mad:

ginfreely
25-05-2011, 09:19 AM
just a thought suddenly.... we keep quiet... more people come buy properties... our property price go up!

*hey... just a passing thought ok??? not that we should follow or anything... dun take it seriously...*

haha okay okay i keep very quiet..:D

ginfreely
25-05-2011, 09:23 AM
Hi ginfreely,

does that mean that you basicallt TT over to your Malaysia account from them, and they charge you $10 for the TT?

Yeah that's right. They charge $10 for the TT. Very convenient, just use cheque to deposit to the money changer and then they'll arrange the transfer.

ginfreely
25-05-2011, 09:30 AM
Welcome to the forum, Pleb.

Regarding yout answer, I would say, yes, at leat on my part.

My mortgage for my 5rm HDB will end in 4 year's time, and it will take me a total of 12 years to complete it.
I have enough for my needs now, and if nothing goes wrong along the way, my needs should be covered at least for the next 10-20 years.
As for retirement, I am planning for it, but I am not sure if target is achievable.
If inflation goes as high as it goes the last few quarters, I think Singaporeans are in for a shock soon.
Many have suggested that one should sell the bigger house, and get a smaller house, and the balance from the sales can be used as retirement.
But is that what we are all looking forward to? Not me.

So, I got a unit in HH, pay for it now, and when I retire, I can rent out my place in Singapore and live happily in HH with the rental income.
Thats all I can plan for for now.

And from now till I retire, I can still rent out the place (if needed) to get rental to cover the purchase, and I can still save up here and there for retirement.

I also had an idea of renting out the place in HH, get it paid off, and sell it off just before I retire.
Then, I will use the money and buy a house in Cameron Highlands and move there (I like the weather lah!)...

What about you? You are asking for views, but we would like to hear your views too, at least I would.

And again, the above is just me. There are other achievers who are better off then me and are not a "loser" like me, and they have their views on getting a place in Malaysia which are different from mine.

The spectrum of foreigners buying houses in Malaysia are really wide.

We've the same game plan for retirement (minus the Cameron highlands part), be it sale or rental eventually as long as have two fully paid properties by retirement age..haha great minds think alike! :D

cathylmg
25-05-2011, 09:32 AM
We've the same game plan for retirement (minus the Cameron highlands part), be it sale or rental eventually as long as have two fully paid properties by retirement age..haha great minds think alike! :D

2 is not enough. Have as many as possible. :D

2bfree2b
25-05-2011, 09:33 AM
Hi Soon2BFree
Happy to read your post with such clearly articulated thoughts. I get so much flak for having moved over [not that I really care, but it can be boringly repetitive from genuine friends, so cannot politely tell them to diam mulut yet again].
Was just with some newbies at the Urban Retreat for a first organized informal neighbourly get-together. ALL were quietly so happy to be living in Johor. Many insights, some useful sharing of information: Singaporeans, Malaysians and other expats. And we ranged in age from 30s - 60s, with a couple of babies in tow.
Writing to ask if I may quote your post in my weblog [www.puterim.com], slightly amended - mostly to put in paragraphing for easier reading. Erm ... another reason is that you are not at the usual retirement age of 60+, so it is refreshing and positive reading.
With thanks

Hi Mallow, tnx for taking the time to read my posting. Feel free to do so. Tnx again.

ginfreely
25-05-2011, 09:44 AM
ginfreely, you won't face this problem if you move to JB. Infact, the FTs even gives you an added advantage. Think of it, the very same reasons that people draded, those FTs, will result in higher rental which only puts more coins in your pockets. Not good meh? Think deeper. LOL!

Haha think very hard already but still want less FT becos they messed up this place in the last few years. Rather have less rental than to be bullied by FT in our own country :D

Analytical Professor
25-05-2011, 09:48 AM
Now teachin my kids to water plants. For the moment they dun enjoy it. They are sittin on a chair as they find carryin the hose painful.

Hmm the new generation hardly loves plants

aangsc
25-05-2011, 09:49 AM
2 is not enough. Have as many as possible. :D

I am not so sure about price resilience of Johor property. The old JB side already not going up anymore , in fact some already lose $ there. If Johor make it to be a big city then all is fine. If not, I have doubt about the yield potential but one unit for staying certainly no big issue. Of course, if they get some help from Temasek or SG GLC, it will be a lot more rosy. I cannot erase the doubt due to bad experience with CLOB.

cathylmg
25-05-2011, 09:50 AM
Haha think very hard already but still want less FT becos they messed up this place in the last few years. Rather have less rental than to be bullied by FT in our own country :D

Aiyah, nothing is permanent. The only permanent thing is changes. Things evolve, people gotta evolve also. Now the city too develope liao, even without these FT, I also won't like to stay in concrete jungles. Lets move on.

ginfreely
25-05-2011, 09:53 AM
I was retrenched 2 times. The 2nd time my accountant purposely told me that my other Malaysian FT colleage has been very accomodating. Up to the point of not getting her salaries for a few month. It was a very small company. Bosses kept on saying company not making money, but then strange, I had the previllage to come into knowledge of my bosses paying himself a of S$5K salaries monthly via HR accounts. That was 10 odd years ago. When my FT malaysian colleage was on maternity leave, I was pregnant and vomiting frequently, but still have to cover her job. 2 full sets of account at only $100 extra pay. You may think that that's really bad. Not at all. Worst still, the minute I finished my confinement, Monday I had to start work, on Friday I took out all my office clothes to iron. My accountant call to say that my position was redandant and so they terminated me.

There was no mercy. The very desk that I was working in, they built a room on it, all my things was put into an A4 size paper box. Casted out on the empty table outside the room. When I went back to collect my last pay cheque, they made me sign a paper document of not intending to pursue any liability. My pay was final, I collected my box, went home and went into post natal blues. It took me about a year to finally come out of it.

So you see? I keep repeating that its the same everywhere. Nobody bothers. You are on your own. Don't expect anyone to help you. No matter what the hell you have been through, how much sacrifices you have made for the company, its your business, life still goes on. The sooner you come to your senses the better. Do yourself a favour, plan for your own retirement. Take care of yourself. Don't wait for others to take care of you. There is no such thing.

Poor Cathy, glad you made it now. This reminds me of the time I need to cover someone on maternity leave for three months, got to work till 10 pm on most nights and guess what when the person come back, she resigned immediately and I've to cover another 3 months while they take their own sweet time to hire! Yeah no extra pay, no extra bonus, just a pat on the back...so silly of me hor?!

Narmi
25-05-2011, 09:53 AM
Hi all

Allow me to share my brief story. Have been going in and out of JB for makan/shopping/holiday for as long as I can remember. When got hitched in 2002 already planned to get a property in JB (can u imagine how cheeep that can be at that time?). Alas my missus was not for it for all the negative reasons that all bros/sis have mentioned in this forum.

We r both professionals. Have cleared my 5 rm HDB loan within that time and with 3 lovely kids fr P3 to Pre-sch. Took almost 10 yrs to convince the other better half.. during which from no restrictions by msian govt to min 500k rule imposed. Well it is better late than never right :).

I do not regret for it is no use if I were to buy earlier and my missus neva wanna stay or step inside the hse. But now she is the one who kept planning what to buy or put in the new hse in 1+ yrs time. Plan to clear the loan in 10-12yrs..

Although we are not immediate neighbours, it is still good to know of fellow sporeans from different developments.

Btw i am taking the plunge at NI.

Wish me luck =)

aangsc
25-05-2011, 09:54 AM
Haha think very hard already but still want less FT becos they messed up this place in the last few years. Rather have less rental than to be bullied by FT in our own country :D

For the sake of future generation, I think FT population must be regulated else there is not much future for younger SG generation . Just looking at rental yield is too short term a view. Can't help feeling like we are the old soldier in the movie 'universal solider'.

aangsc
25-05-2011, 09:57 AM
Hi all

Allow me to share my brief story. Have been going in and out of JB for makan/shopping/holiday for as long as I can remember. When got hitched in 2002 already planned to get a property in JB (can u imagine how cheeep that can be at that time?). Alas my missus was not for it for all the negative reasons that all bros/sis have mentioned in this forum.

We r both professionals. Have cleared my 5 rm HDB loan within that time and with 3 lovely kids fr P3 to Pre-sch. Took almost 10 yrs to convince the other better half.. during which from no restrictions by msian govt to min 500k rule imposed. Well it is better late than never right :).

I do not regret for it is no use if I were to buy earlier and my missus neva wanna stay or step inside the hse. But now she is the one who kept planning what to buy or put in the new hse in 1+ yrs time. Plan to clear the loan in 10-12yrs..

Although we are not immediate neighbours, it is still good to know of fellow sporeans from different developments.

Btw i am taking the plunge at NI.

Wish me luck =)

I don't think there was a Nusajaya in 2002, so I feel your wife is right to delay, it is like buying share not knowing whether it is going up or down as compare to buying knowing it is in the upswing.

cathylmg
25-05-2011, 09:57 AM
Poor Cathy, glad you made it now. This reminds me of the time I need to cover someone on maternity leave for three months, got to work till 10 pm on most nights and guess what when the person come back, she resigned immediately and I've to cover another 3 months while they take their own sweet time to hire! Yeah no extra pay, no extra bonus, just a pat on the back...so silly of me hor?!

Same here lor. Ren shan bei ren qi, ma shan bei ren qi mah. Better think for yourself first. Company only pay you enough to make you stay, the rest goes to the bosses pocket.

ginfreely
25-05-2011, 10:04 AM
2 is not enough. Have as many as possible. :D

Haha I'm contented with two, one in Singapore and one in JB :D

Analytical Professor
25-05-2011, 10:11 AM
Quite easy to water plants sitting down. Tried it myself

Analytical Professor
25-05-2011, 10:13 AM
Enough already.

Got so many also cant eat finish;);)


Haha I'm contented with two, one in Singapore and one in JB :D

Analytical Professor
25-05-2011, 10:16 AM
All the best.

Good choice


Hi all

Allow me to share my brief story. Have been going in and out of JB for makan/shopping/holiday for as long as I can remember. When got hitched in 2002 already planned to get a property in JB (can u imagine how cheeep that can be at that time?). Alas my missus was not for it for all the negative reasons that all bros/sis have mentioned in this forum.

We r both professionals. Have cleared my 5 rm HDB loan within that time and with 3 lovely kids fr P3 to Pre-sch. Took almost 10 yrs to convince the other better half.. during which from no restrictions by msian govt to min 500k rule imposed. Well it is better late than never right :).

I do not regret for it is no use if I were to buy earlier and my missus neva wanna stay or step inside the hse. But now she is the one who kept planning what to buy or put in the new hse in 1+ yrs time. Plan to clear the loan in 10-12yrs..

Although we are not immediate neighbours, it is still good to know of fellow sporeans from different developments.

Btw i am taking the plunge at NI.

Wish me luck =)

ginfreely
25-05-2011, 10:20 AM
For the sake of future generation, I think FT population must be regulated else there is not much future for younger SG generation . Just looking at rental yield is too short term a view. Can't help feeling like we are the old soldier in the movie 'universal solider'.

Yeah PAP better do something to solve this messy FT problem that they created, if not life is going to be very tough for younger generation and ourselves in future (already pretty tough now)...

cathylmg
25-05-2011, 10:26 AM
Hi all

Allow me to share my brief story. Have been going in and out of JB for makan/shopping/holiday for as long as I can remember. When got hitched in 2002 already planned to get a property in JB (can u imagine how cheeep that can be at that time?). Alas my missus was not for it for all the negative reasons that all bros/sis have mentioned in this forum.

We r both professionals. Have cleared my 5 rm HDB loan within that time and with 3 lovely kids fr P3 to Pre-sch. Took almost 10 yrs to convince the other better half.. during which from no restrictions by msian govt to min 500k rule imposed. Well it is better late than never right :).

I do not regret for it is no use if I were to buy earlier and my missus neva wanna stay or step inside the hse. But now she is the one who kept planning what to buy or put in the new hse in 1+ yrs time. Plan to clear the loan in 10-12yrs..

Although we are not immediate neighbours, it is still good to know of fellow sporeans from different developments.

Btw i am taking the plunge at NI.

Wish me luck =)

Wow! Got hitched in 2002 and now 5room flat finished paying already? You guys must have been really frugal. Yep, try to pay up as soon as possible although there is 30yr allowed to fully pay up. Wise move.

Welcome to the club bro. We wish to hear of your life in JB. Your highs, your lows, your experiences, be it positive or negative....we wanna hear it all! Three cheers to you!

cathylmg
25-05-2011, 10:28 AM
Yeah PAP better do something to solve this messy FT problem that they created, if not life is going to be very tough for younger generation and ourselves in future (already pretty tough now)...

Have you ever thought of setting up shop in JB? I did toy with the idea not long ago. Still thinking.

Analytical Professor
25-05-2011, 10:43 AM
Can pay here as well the electric bill.

http://www.tnb.com.my/residential/manage-your-account/e-services.html

only maybank for now

Grago
25-05-2011, 12:00 PM
I was retrenched 2 times. The 2nd time my accountant purposely told me that my other Malaysian FT colleage has been very accomodating. Up to the point of not getting her salaries for a few month. It was a very small company. Bosses kept on saying company not making money, but then strange, I had the previllage to come into knowledge of my bosses paying himself a of S$5K salaries monthly via HR accounts. That was 10 odd years ago. When my FT malaysian colleage was on maternity leave, I was pregnant and vomiting frequently, but still have to cover her job. 2 full sets of account at only $100 extra pay. You may think that that's really bad. Not at all. Worst still, the minute I finished my confinement, Monday I had to start work, on Friday I took out all my office clothes to iron. My accountant call to say that my position was redandant and so they terminated me.

There was no mercy. The very desk that I was working in, they built a room on it, all my things was put into an A4 size paper box. Casted out on the empty table outside the room. When I went back to collect my last pay cheque, they made me sign a paper document of not intending to pursue any liability. My pay was final, I collected my box, went home and went into post natal blues. It took me about a year to finally come out of it.

So you see? I keep repeating that its the same everywhere. Nobody bothers. You are on your own. Don't expect anyone to help you. No matter what the hell you have been through, how much sacrifices you have made for the company, its your business, life still goes on. The sooner you come to your senses the better. Do yourself a favour, plan for your own retirement. Take care of yourself. Don't wait for others to take care of you. There is no such thing.

Good on You Cathy. I am very glad that you've mamage to pick yourself up and even doing better now. A blessing in disguise. You are right about having to look after youself and nt have to rely on others. You've become a better and stronger person for it.:)

Grago
25-05-2011, 12:04 PM
Grago ur rite.

I just got 243.5 as well.

Great Bro. May I ask did you go to the Taman Perling or Bukit Indah branch and did you manage to speak to Ms. Loh. I ask because I spoke to a Ms Tan. Not a friendly or helpful sort. More like "that's the rate, take or leave it....." So good thing I dealt with Ms. Loh....:D

Grago
25-05-2011, 12:10 PM
Can you believe that people wanna rob bricks?

How disgusting!

Hello Bro.... are your bricks "gold" or made of gold!!!!. I've heard of the "gold brick road" but this is abit of a stretch.... The "thiefs" must had had one too many.... hic, hic....:p and may have mistook the bricks for something else:D

Seriously though, might want to try binding the bricks together with some cement, those quick mix and dry type and DIY stores. T don't know if they carry them here, but in the U.S. the DIY mega stores had them.... might be worth asking about them at DIY stores here....

avalon74
25-05-2011, 01:31 PM
Does that mean you really cant afford to live in Spore?

No right?

Silly pleb
Like what Ginfreely mentioned, its just having more options available ..
Not all here are investors..

Besides think you shd not be overly sensitive to pleb comments..

Grago
25-05-2011, 01:41 PM
Aiyoh Cathy! What babi & ungrateful people you worked for!
Very glad all has worked out for you and that you are enjoying life here now.
Yes, we are on our own. I have always found that doing anyone a favour is risky if you hope even for gratitude. As one friend put it. "Expect terima kasut rather than terima kasih!"
Yet ... I have been blessed with amazing kindness and generosity from total strangers who had nothing to gain.
Who can fathom what this Life is all about?
Hello Mallow, I follow the philosophy of doing a favour or good turn without expecting either gratitude or thanks. Then if either is shown it comes as a bonus. It's very disappointing when the good turn/deed is done and it's not acknowledge. Worst when it's thrown back at you and your told your help was never asked for in the first instances. So yes, it's pleasantly nice that total strangers extended teir kindness and generosity willing and don't expect anything in return:)

avalon74
25-05-2011, 01:44 PM
That kind of price for me, I can grap as many as I can afford so as to leave a piece of freehold property for my children. One for each of them. Even if they eventually cannot afford a property in Singapore in the near future, they can still have a roof over their head, for many many generations to come. Its the love for my children that makes me want to shelther them from stormy weathers ahead.
----------------
I only have 1 kid so one Sg property & one JB property shd be enuff as my legacy for the next generation..

wuqi256
25-05-2011, 01:47 PM
I am not so sure about price resilience of Johor property. The old JB side already not going up anymore , in fact some already lose $ there. If Johor make it to be a big city then all is fine. If not, I have doubt about the yield potential but one unit for staying certainly no big issue. Of course, if they get some help from Temasek or SG GLC, it will be a lot more rosy. I cannot erase the doubt due to bad experience with CLOB.

Actually i wasn't as well but saw that even Perling houses were going up as well as some of the older estates. New one pricing there like Casa Almyra was an eye opener. I still maintain its a good place to buy, investment wise, lets wait for the announcements soon. :)

Someone said this to me the other day:
The 60.1% who have been dissing JB are only now starting to realise their masters true plans. They have actually been barking up the wrong tree..

wuqi256
25-05-2011, 01:52 PM
I only have 1 kid so one Sg property & one JB property shd be enuff as my legacy for the next generation..

Good for you Avalon, not many people would even bother to think of their kids. Kudos.

wuqi256
25-05-2011, 01:54 PM
Cathylmg, i hear you. Those companies suck big time. I had my share of working for lousy bosses too, never lousy companies though. People do tend to leave because of certain individuals, they are not really running from the company(normally).

Actually you can set up company here, my wife has one here too. I basically told her i will give her X amount, all the manpower she needs and the rest is up to her.

wuqi256
25-05-2011, 01:57 PM
Hi Aangsc, i used to dabbled in stocks, antiques as well as gold coins.

Now mainly into property but mainly to keep as i intend to leave
one for each of my kids and likely the first grandchild will get one as
well. :)

wuqi256
25-05-2011, 02:02 PM
Thanks for sharing Narmi.

For our unfortunate friend (my sympathies) who got the window smashed, quite curious, if you parked nearby and the windows get smashed, wouldn't you hear the alarm (assuming there is alarm installed in your car)

Alarm systems can be installed for as cheap as 180 RM and solar film as cheaply as 350 RM (depending on the car). Don't let one incident affect you. I normally pump petrol in my own taman and yes i will not hesitate to douse both the attacker and light it. Even if he really is dying of aids, most will still baulk at being burnt alive. I also always keep a 60 RM baseball bat kind of steering lock in my car.

avalon74
25-05-2011, 02:35 PM
Good for you Avalon, not many people would even bother to think of their kids. Kudos.

Guess we being asians tend to think more for our children than the ang mohs..
Since HDB is "leased" for 99 yrs, wanted to buy something so that my son can remember his childhood in future...

Mine was erased with the "renewal" of the estate, only thing that remains was the roads & traffic lights in the area where I grew up..

Narmi
25-05-2011, 02:43 PM
I don't think there was a Nusajaya in 2002, so I feel your wife is right to delay, it is like buying share not knowing whether it is going up or down as compare to buying knowing it is in the upswing.

Yeah aangsc, Definitely no nusajaya. I was 'hooked' way back in 1998 when during my uni days (those were indeed great n carefree time hehe) we stayed overnight for a bbq at my fren's dad huge bungalow at Rinting Heights. Got huge lawn n even swimmg pool and look like the White Hse from the front. Very grand as you enter the driveway into the garage. The master bed room can fit at least 3 king size beds with running space to spare! Cost at that time? Rm 1.5 mil.

Narmi
25-05-2011, 02:46 PM
I don't think there was a Nusajaya in 2002, so I feel your wife is right to delay, it is like buying share not knowing whether it is going up or down as compare to buying knowing it is in the upswing.

Yeah aangsc, Definitely no nusajaya. I was 'hooked' way back in 1998 when during my uni days (those were indeed great n carefree time hehe) we stayed overnight for a bbq at my fren's dad huge bungalow at Rinting Heights. Got huge lawn n even swimmg pool and look like the White Hse from the front. Very grand as you enter the driveway into the garage. The master bed room can fit at least 3 king size beds with running space to spare! Cost at that time? Rm 1.5 mil.

Narmi
25-05-2011, 03:14 PM
Wow! Got hitched in 2002 and now 5room flat finished paying already? You guys must have been really frugal. Yep, try to pay up as soon as possible although there is 30yr allowed to fully pay up. Wise move.

Welcome to the club bro. We wish to hear of your life in JB. Your highs, your lows, your experiences, be it positive
or negative....we wanna hear it all! Three cheers to you!

Haha thanks cathy.. And hanyong, HH and AP for answerg my pm queries. I sure will try to contribute my 2c and salutes master wuqi. :)

euphony
25-05-2011, 03:37 PM
Actually i wasn't as well but saw that even Perling houses were going up as well as some of the older estates. New one pricing there like Casa Almyra was an eye opener. I still maintain its a good place to buy, investment wise, lets wait for the announcements soon. :)


am dying to hear but what nature is the noose? everyone i met/read is saying the same thing. from sales rep to other forum boards to iskandar articles etc. all i know is its something big and people are confident of possibly much higher land appreciation from the news release. hmmm. MRT? retirement village for singaporeans? water taxis? wat wat wat? very excited but dunno what that is. :eek:

Chillout
25-05-2011, 03:47 PM
For our unfortunate friend (my sympathies) who got the window smashed, quite curious, if you parked nearby and the windows get smashed, wouldn't you hear the alarm (assuming there is alarm installed in your car)

Alarm systems can be installed for as cheap as 180 RM and solar film as cheaply as 350 RM (depending on the car). Don't let one incident affect you. I normally pump petrol in my own taman and yes i will not hesitate to douse both the attacker and light it. Even if he really is dying of aids, most will still baulk at being burnt alive. I also always keep a 60 RM baseball bat kind of steering lock in my car.

I was curious myself why the alarm didn't go off. Was told that alarm works only on force entry of the doors n not the glass. Anyhow, has got the car rental company to check out the alarm and I don't think we are allowed to add any accessories since it is not our car but alarm/solar film already installed.

Regarding excess mentioned by another forumer for window shield, it is not limited to $100 but $800 coz it is not privately owned.

LeMans2011
25-05-2011, 04:10 PM
I was curious myself why the alarm didn't go off. Was told that alarm works only on force entry of the doors n not the glass. Anyhow, has got the car rental company to check out the alarm and I don't think we are allowed to add any accessories since it is not our car but alarm/solar film already installed.

Regarding excess mentioned by another forumer for window shield, it is not limited to $100 but $800 coz it is not privately owned.

Rented vehicle.. i see.. btw if it is a conti car mostly it comes without alarm

Chillout
25-05-2011, 04:59 PM
Rented vehicle.. i see.. btw if it is a conti car mostly it comes without alarm

Not a conti car, japanese. Still waiting patiently for the car to be returned, then I will know the damage.

Anyway, we are undecided on which property to buy: another LF property or HH for investment. What would be your choice? Which is easier to rent out?

Also, recently received a letter from LF of impending increase of maintenace fee by 10-20%.

danteakc
25-05-2011, 06:01 PM
Dear fellows Singaporeans living in HH, gateway or Golf. I have 5 kittens to give away. I'm trying to update their photos however if interested pls send me a message and I'll contact u with a malaysia no. They are about 3 months old. Parents are Ragdoll (father) and a Domestic (mother). Else they have to be send to a Sanctuary in Malaysia.
Reason, the mother is pregnant again we are too busy with housing renovation that we forgot to stop the leak on the father as well so got to handle the new borns. I have 5 they are currently 3 months old.

http://i4.photobucket.com/albums/y134/david_akc/familykittens1monthold.jpg

And....One month old
http://i4.photobucket.com/albums/y134/david_akc/charmcharmfatherson.jpg

And...Three Month Old
http://i4.photobucket.com/albums/y134/david_akc/cutecute.jpg

and cute video...

http://www.youtube.com/watch?v=aZ0mIxVBWVE

Make it fast they are running out...

abugumgum
25-05-2011, 11:00 PM
Grago ur rite.

I just got 243.5 as well.

Hi AP,

I am new here.

May I know the money changer that gives good rate. I usually changed at 2.4 :(

Thanks.

hangyong
26-05-2011, 12:31 AM
Yeah that's right. They charge $10 for the TT. Very convenient, just use cheque to deposit to the money changer and then they'll arrange the transfer.

thanks for the info, that is absolutely helpful

hangyong
26-05-2011, 12:41 AM
Hi Aangsc, i used to dabbled in stocks, antiques as well as gold coins.

Now mainly into property but mainly to keep as i intend to leave
one for each of my kids and likely the first grandchild will get one as
well. :)

bro.... you have so many kids???

aangsc
26-05-2011, 01:15 AM
Hi Aangsc, i used to dabbled in stocks, antiques as well as gold coins.

Now mainly into property but mainly to keep as i intend to leave
one for each of my kids and likely the first grandchild will get one as
well. :)

Look like you have that midas touch, not everyone make from stock and gold. What are your view of viable business in Johor ?

aangsc
26-05-2011, 01:21 AM
Dear fellows Singaporeans living in HH, gateway or Golf. I have 5 kittens to give away. I'm trying to update their photos however if interested pls send me a message and I'll contact u with a malaysia no. They are about 3 months old. Parents are Ragdoll (father) and a Domestic (mother). Else they have to be send to a Sanctuary in Malaysia.
Reason, the mother is pregnant again we are too busy with housing renovation that we forgot to stop the leak on the father as well so got to handle the new borns. I have 5 they are currently 3 months old.
Make it fast they are running out...

Never STOP@2 ? You should try breeding dog, there is higher demand for puppy.

aangsc
26-05-2011, 01:24 AM
Also, recently received a letter from LF of impending increase of maintenace fee by 10-20%.

Wow ! That is quite a lot , they probably know most resident can afford if compare to those in Singapore. What is the amount like ? I check HH monthly maintenance for terrace start at RM90

aangsc
26-05-2011, 01:29 AM
Yeah aangsc, Definitely no nusajaya. I was 'hooked' way back in 1998 when during my uni days (those were indeed great n carefree time hehe) we stayed overnight for a bbq at my fren's dad huge bungalow at Rinting Heights. Got huge lawn n even swimmg pool and look like the White Hse from the front. Very grand as you enter the driveway into the garage. The master bed room can fit at least 3 king size beds with running space to spare! Cost at that time? Rm 1.5 mil.

Yes, that first impression must have left a deep mark. I was also tempted after seeing a ex-colleague bungalow at Pulai Spring in the year 200X, after that the urge to get one myself just linger in the mind.

aangsc
26-05-2011, 01:52 AM
Someone said this to me the other day:
The 60.1% who have been dissing JB are only now starting to realise their masters true plans. They have actually been barking up the wrong tree..

Don't get you . Care to elaborate on that statement ? What true plan are we talking about here ?

For me if SG govt can work out some partnership with Johor to lease land for long term use , that would be great . It is a win-win partnership. Some will complain but seriously it provide an alternative living space, so why not ? If I have the resources I would get a big piece of land not too far from SG and setup a retirement village, throw in with some elderly care service and stay fit program. Not a old folk home but old folk can rent the place like normal tenancy for a year or two.

cathylmg
26-05-2011, 02:01 AM
Actually i wasn't as well but saw that even Perling houses were going up as well as some of the older estates. New one pricing there like Casa Almyra was an eye opener. I still maintain its a good place to buy, investment wise, lets wait for the announcements soon. :)

Someone said this to me the other day:
The 60.1% who have been dissing JB are only now starting to realise their masters true plans. They have actually been barking up the wrong tree..

Wuqi, for JB, I think to go route of capital appreciation is dangerous at the moment. The future is still too unpredictable. Rental is still the way to go. IMHO.

cathylmg
26-05-2011, 02:06 AM
Hi Aangsc, i used to dabbled in stocks, antiques as well as gold coins.

Now mainly into property but mainly to keep as i intend to leave
one for each of my kids and likely the first grandchild will get one as
well. :)

Hey wuqi, same thinking here. I also got this Dua Shun Deng Buay Kia(Eldest grandchild to be treated as youngest! son) mentality. :D

wuqi256
26-05-2011, 02:17 AM
Wuqi, for JB, I think to go route of capital appreciation is dangerous at the moment. The future is still too unpredictable. Rental is still the way to go. IMHO.

Hey Cathy, i agree, thats why its still a good place to buy and stay, left that part out yesterday as i was squeezing time for this forum in between work. Investment wise, there are much more choices available and quicker too.

wuqi256
26-05-2011, 02:19 AM
am dying to hear but what nature is the noose? everyone i met/read is saying the same thing. from sales rep to other forum boards to iskandar articles etc. all i know is its something big and people are confident of possibly much higher land appreciation from the news release. hmmm. MRT? retirement village for singaporeans? water taxis? wat wat wat? very excited but dunno what that is. :eek:

Hi Euphony, sources asked me not to share too much.
Lets just say there will be some more investment from the big boys.

cathylmg
26-05-2011, 02:20 AM
Cathylmg, i hear you. Those companies suck big time. I had my share of working for lousy bosses too, never lousy companies though. People do tend to leave because of certain individuals, they are not really running from the company(normally).

Actually you can set up company here, my wife has one here too. I basically told her i will give her X amount, all the manpower she needs and the rest is up to her.

Wuqi, its good to hear that your wife is doing well on her own now. Sure beats having to lap up whatever shits that comes with being employed.

Btw, would you kindly share with us what kind of business if your wife doing? Just to give an idea of what we can do here is JB. I am also thinking of having a business of my own. But then still no clue of what to do yet.

Thanks in advance for sharing.

wuqi256
26-05-2011, 02:21 AM
I was curious myself why the alarm didn't go off. Was told that alarm works only on force entry of the doors n not the glass. Anyhow, has got the car rental company to check out the alarm and I don't think we are allowed to add any accessories since it is not our car but alarm/solar film already installed.

Regarding excess mentioned by another forumer for window shield, it is not limited to $100 but $800 coz it is not privately owned.

Thats weird, most are wired to do something when you get strong vibration. Likely the alarm itself wasn't working as the alarm plus solar film combination would have taken the robber some time unless they know how to bypass both. I normally try to park at those spots facing the road or directly where i can see the car. There are so many makan places here so if i can't find a good parking spot, i will just go over to the next one as its so close.

By the way, another friend has endorsed Michellin's work with his car. :)

wuqi256
26-05-2011, 02:24 AM
Not a conti car, japanese. Still waiting patiently for the car to be returned, then I will know the damage.

Anyway, we are undecided on which property to buy: another LF property or HH for investment. What would be your choice? Which is easier to rent out?

Also, recently received a letter from LF of impending increase of maintenace fee by 10-20%.

There is a windscreen/auto glass specialist located next to the Eurorich (Platinum) place.
Probably HH or EL IMHO if you are talking about ease of rental.

wuqi256
26-05-2011, 02:25 AM
bro.... you have so many kids???

I hope to have more, one day. I love children.

wuqi256
26-05-2011, 02:35 AM
Don't get you . Care to elaborate on that statement ? What true plan are we talking about here ?

For me if SG govt can work out some partnership with Johor to lease land for long term use , that would be great . It is a win-win partnership. Some will complain but seriously it provide an alternative living space, so why not ? If I have the resources I would get a big piece of land not too far from SG and setup a retirement village, throw in with some elderly care service and stay fit program. Not a old folk home but old folk can rent the place like normal tenancy for a year or two.

Bro Aangsc,

There were many who jeered or dissed people going out to JB but did not realise that their masters in white actually wanted us to extend out to JB, like an extended suburb or a new satellite town. Its no longer for the old or those seeking cost effective medical treatment, that has all since changed some time back. The cheese has since moved from what i understand.

Without their implicit blessing and quiet investment, many things we have seen or will see would not have taken place or not have taken place in such a short timeframe.

There is already a partnership and plans to expand on it. ;) Just that too many of us rely on the media before they realise what is really going on.

wuqi256
26-05-2011, 02:38 AM
Wuqi, its good to hear that your wife is doing well on her own now. Sure beats having to lap up whatever shits that comes with being employed.

Btw, would you kindly share with us what kind of business if your wife doing? Just to give an idea of what we can do here is JB. I am also thinking of having a business of my own. But then still no clue of what to do yet.

Thanks in advance for sharing.

Hi Cathy/Aangsc, do PM me as we want to avoid too many competition. There are many types of business possible, it opened up my eyes when she did it.
Do stay away from any MLM though.

wuqi256
26-05-2011, 02:42 AM
Thats a good mentality, i was my grandfathers eldest male grandchild, well only male grandchild actually so i was treated as a youngest son by the family.

aangsc
26-05-2011, 02:49 AM
Hi Cathy/Aangsc, do PM me as we want to avoid too many competition. There are many types of business possible, it opened up my eyes when she did it.
Do stay away from any MLM though.

do you happen to be in gold and silver forum some years back ? Have not formally thk the guy who brought me to HH.

BTW, yr mailbox overflow already.

cathylmg
26-05-2011, 02:51 AM
Hi Cathy/Aangsc, do PM me as we want to avoid too many competition. There are many types of business possible, it opened up my eyes when she did it.
Do stay away from any MLM though.

Wuqi, I tried to PM you but your message box is full.

I did thought of MLM but then don't really have the gift to sell so stayed away from it. :)

cathylmg
26-05-2011, 02:58 AM
Just got lucky about 20 times in a row, i made some mistakes but somehow managed to recover in the end through other stocks. Gold coins were good though.

There are lots actually, more than what we realise as rules are more relaxed here and more conducive to business. Eateries or reowned restaurants especially from Singapore for one would be well received here.

I had a few gold coins from the Iran and Iraq war era. Was like S$700 per ounce. Still not selling. When it was US$800k an old women said she wanna sell all her jewelleries but I advice her to keep until more then US$1k. I wonder she sold it already.

Robert Kiyosaki predicts that it could go up to US$5-6k in future. :D

Chillout
26-05-2011, 03:05 AM
Thats weird, most are wired to do something when you get strong vibration. Likely the alarm itself wasn't working as the alarm plus solar film combination would have taken the robber some time unless they know how to bypass both. I normally try to park at those spots facing the road or directly where i can see the car. There are so many makan places here so if i can't find a good parking spot, i will just go over to the next one as its so close. :)

I don't know how the crook did it. Someone heard just one loud bang and that's it. I will have to speak with the rental company why the alarm didn't go off.

I did park within sight of the eatery next to where I was patronising and both eateries were full of diners but I was sitting right inside. No diners was aware of the breakin. Only regret was I should have send the car for washing nearby but thought otherwise as the car was due for servicing in a day time and it will be washed.

aangsc
26-05-2011, 03:07 AM
I had a few gold coins from the Iran and Iraq war era. Was like S$700 per ounce. Still not selling. When it was US$800k an old women said she wanna sell all her jewelleries but I advice her to keep until more then US$1k. I wonder she sold it already.

Robert Kiyosaki predicts that it could go up to US$5-6k in future. :D

By then US$ would have depreciated a hell lot as well !!!
I don't own any gold coins but has some silver coins (poor man gold !) but I don't think there is a ready mkt for such item in SG as gold in coin form is usually worth more the gold ingot.

Chillout
26-05-2011, 03:09 AM
Hi Cathy/Aangsc, do PM me as we want to avoid too many competition. There are many types of business possible, it opened up my eyes when she did it.
Do stay away from any MLM though.

I am also thinking of opening an eatery . European fare. Spoke with restaurant owners and the problem they are facing is difficulty in getting kitchen help.

cathylmg
26-05-2011, 03:16 AM
I am also thinking of opening an eatery . European fare. Spoke with restaurant owners and the problem they are facing is difficulty in getting kitchen help.

True lor. I spoken to the vegetarian store at my taman. They are also facing difficulty in getting kitchen help. So they rope in their relatives. Even Indonesian helpers. The boss is like running around too.

Chillout
26-05-2011, 03:26 AM
Wow ! That is quite a lot , they probably know most resident can afford if compare to those in Singapore. What is the amount like ? I check HH monthly maintenance for terrace start at RM90

I am not too happy with the 20% increase effective 1 July 2011. Reason for increase is to upgrade existing damaged roads, repair and add 335 nos of new drain traps, upgrade & increase existing lightings, upgrade landscape, replace gate sensors and motors and replace security vehicles.

To effect the improvement, 40% is required but to make it sweet, only 20%!!! Then they pre-empt that future increase will be a nominal 5% increase annually!!!!

This is daylight robbery. LF has been adding and selling more units, ie more maintenance funds collected and those that wasn't sold yet, the developer should be paying for their share too and yet such exorbitant fee. Have to demand they show us the book.

Currently paying about RM455 per month. Come July, it will be RM546, which is equivalent to what I am paying in Singapore for my condo.


Oh, LF also states that their maintenance charges are generally still lower when compared to other surrounding developments!! How true???

cathylmg
26-05-2011, 03:29 AM
I am not too happy with the 20% increase effective 1 July 2011. Reason for increase is to upgrade existing damaged roads, repair and add 335 nos of new drain traps, upgrade & increase existing lightings, upgrade landscape, replace gate sensors and motors and replace security vehicles.

To effect the improvement, 40% is required but to make it sweet, only 20%!!! Then they pre-empt that future increase will be a nominal 5% increase annually!!!!

This is daylight robbery. LF has been adding and selling more units, ie more maintenance funds collected and those that wasn't sold yet, the developer should be paying for their share too and yet such exorbitant fee. Have to demand they show us the book.

Currently paying about RM455 per month. Come July, it will be RM546, which is equivalent to what I am paying in Singapore for my condo.

Wow! $546 is really high. Did you send in an objection?

Chillout
26-05-2011, 03:47 AM
Wow! $546 is really high. Did you send in an objection?

Not yet. Need to speak with some of my neighbours to see how we can protest against the increase. I believe all these improvement work is to entice the sale of their new precinct and don't see why I should subsidise the cost or improve the developer's profit.

LF also mentioned that the Malaysian govt has imposed a new policy of increasing the minimum wage of guards from RM300 to RM750 per month. I am confident that the Ghurka guards are paid more than a thousand per month, so how does this minimum wage affects them as I doubted anyone working for RM750 not to mention RM300. Even a maid is paid more than that in Malaysia.

cathylmg
26-05-2011, 03:59 AM
Not yet. Need to speak with some of my neighbours to see how we can protest against the increase. I believe all these improvement work is to entice the sale of their new precinct and don't see why I should subsidise the cost or improve the developer's profit.

LF also mentioned that the Malaysian govt has imposed a new policy of increasing the minimum wage of guards from RM300 to RM750 per month. I am confident that the Ghurka guards are paid more than a thousand per month, so how does this minimum wage affects them as I doubted anyone working for RM750 not to mention RM300. Even a maid is paid more than that in Malaysia.

Setia gives 2 yrs free maintainance for every sale in a precinct. Its about the time it takes to finish all the work within 1 precinct. So I think you all should gang up to send in your objection. Don't wanna put more money into irresponsible developers pocket. Spoils the whole market.

euphony
26-05-2011, 04:25 AM
Hi Euphony, sources asked me not to share too much.
Lets just say there will be some more investment from the big boys.

no worries it's ok. i am at least vested so anything more than that is good news to me nonetheless. =)

euphony
26-05-2011, 04:28 AM
Not yet. Need to speak with some of my neighbours to see how we can protest against the increase. I believe all these improvement work is to entice the sale of their new precinct and don't see why I should subsidise the cost or improve the developer's profit.

LF also mentioned that the Malaysian govt has imposed a new policy of increasing the minimum wage of guards from RM300 to RM750 per month. I am confident that the Ghurka guards are paid more than a thousand per month, so how does this minimum wage affects them as I doubted anyone working for RM750 not to mention RM300. Even a maid is paid more than that in Malaysia.

oh dear! that is very high in JB standards and the current is already quite high. am shifting in, in the near future, i wonder how will it be adjusted for my place? hmmm...

Chillout
26-05-2011, 05:29 AM
oh dear! that is very high in JB standards and the current is already quite high. am shifting in, in the near future, i wonder how will it be adjusted for my place? hmmm...

Whatever you are paying now, expect at least 20% more. Wouldn't be in the least surprise if more for smaller units

jasonjst
26-05-2011, 08:28 AM
I am also thinking of opening an eatery . European fare. Spoke with restaurant owners and the problem they are facing is difficulty in getting kitchen help.

Hi,
How much is capital requirement to setup a eatery ? Anyone got lobang for some kind of francise ?
Got a shophouse at bestari , near the 24hrs Habbis Roti Prata . I am thinking of renting out , any taker ?

nusajayaphile
26-05-2011, 09:22 AM
Setia gives 2 yrs free maintainance for every sale in a precinct. Its about the time it takes to finish all the work within 1 precinct. So I think you all should gang up to send in your objection. Don't wanna put more money into irresponsible developers pocket. Spoils the whole market.

Hi, does anyone know whether if you purchase a house in Horizon Hills, the developer will pay for all the stamp and legal fees as well as State Levy?

I asked the developer's sales agent, and one said all legal fees on the SPA and loan will be absorbed, but not the stamp fees and levy. Another said, they will pay for everything, so not too sure which is correct.

Is The Hills terrace worth investing in at RM750K? Anyone can advise?

Chillout
26-05-2011, 10:24 AM
Hi,
How much is capital requirement to setup a eatery ? Anyone got lobang for some kind of francise ?
Got a shophouse at bestari , near the 24hrs Habbis Roti Prata . I am thinking of renting out , any taker ?

Would need Wuqi to help answer the capital requirement part.

My desire for restaurant/cafe would not be in the near future. Completing the building of my house takes priority.

Anyway, what is the rental like for the shophouse?

jasonjst
26-05-2011, 11:46 AM
Would need Wuqi to help answer the capital requirement part.

My desire for restaurant/cafe would not be in the near future. Completing the building of my house takes priority.

Anyway, what is the rental like for the shophouse?

I guess it depend very much on location and cost of the shophouse , those earlier lots before 2008 can be as cheap as 2.5K since they bought the shop at around 450K . My shophouse is around 700K and I think rental at 3,600 to 3,800 /= should yield 5.8% P.A which I think is very reasonable . Anyway is quite a big risk investing in shophouse , not many people make money actually , hope that the Bestari area can be "WANG" enough to rent out easily for a long run.
For people who love to run a family eatery , shophouse is good as your family can stay upstair and your eatery shop downstair , save lots of money renting a house for 2K plus .
This might be my plan B if I can learn to run a eatery profitably .

Analytical Professor
26-05-2011, 12:52 PM
The Maintenance fee looks ok based on whats promised.

Especially if you signed up that you will have to pay a maintenance fee regularly.

ANd ofcourse maintenance fees are subject to increase.

You wanna live in a great place. You gotta pay.:D:D

There are luxury condos in KL charging upwards of Rm 1000.

I just spoke to my friend who is very well connected and knows the MD of UEM land. He said Sporean's love to complain despite knowing fully well what they get into.

No offence to anyone here.

But you surely should not compare a condo with what you get in Malaysia.

I have seen lots of condos in Singapore. I must tell you that quite a few of them are poorly maintained. I think the HDBs are better maintained in that sense.

Analytical Professor
26-05-2011, 12:57 PM
Yeah at Setia Tropika we have 2 years of free maintenance. My free maintenance is due to end in November this year.

But i guess this may be extended since my precint is not complete yet.

The new tenants too need 2 years of free maintenance right?

So i may end up getting 4 years.

Not bad i guess.

Keeping my fingers crossed now hoping for an additional 2 years of free security.


Setia gives 2 yrs free maintainance for every sale in a precinct. Its about the time it takes to finish all the work within 1 precinct. So I think you all should gang up to send in your objection. Don't wanna put more money into irresponsible developers pocket. Spoils the whole market.

Analytical Professor
26-05-2011, 01:02 PM
Are shop houses really the way to go if you wanna invest in JB?

I see so many shop houses vacant.

Those that are taken up the turnover rate is really very high.

Some eateries change hands so many times.

If low rentals there are ready takers. But then where are the returns?

Analytical Professor
26-05-2011, 01:34 PM
My two and a half cents:

1) Gold is one of the safest investments to date. Yes it may not give you fancy stock market returns. But it still gives you decent returns in the long term. My Gold investments have more than doubled in value. I dun have any plans to see them either.

2) Real Estate. Now for this location is key. To me Johor Bahru does not stand out as a great investment destination. Couple of forummers have already mentioned that.

My mum had a great entrepreneurial streak. She owned a primary school, had lots of landed properties. This is how they have appreciated.
-- Bungalow 177 times the original investment
-- Land 300 times the original ivestment in a 20 yr horizon

In Spore you can possibly get returns of 5 times or maybe a little more than that.

-- My investments in Franklin Templeton MFs have yielded a 33% returns on original investment in 3 years despite the Lehman Meltdown in between.
However i am not a supporter of MFs which have a high management fee and expense ratio. Saner research tells me to opt for ETFs which mirror the basket of shares that make up the composite index.

Invest wisely. Do your research. Its painful. But when you see your money grow your joy will know no bounds.

Dun follow blindly what the Insurance agents/brokers/financial advisers in any part of the world tell you. In fact most financial advisers do not like me since i do not make investments that make their pockets swell.

All these investments were in emerging markets. I plan to continue to do the same.

Im not talking about speculation. I dun speculate. Singapore has loads of speculators. I am not one of them.

Another important aspect regarding investments is where we try to be smarter than the analysts who invest in the markets by "Timing the Market"

Unless you are a PRO (which most of us are not) its never good to time the market.

DCA is a much better. You can grow your wealth slowly. There are those who argue that the associated costs are high. Yet the pros outweigh the cons and its a systematic and steady way to grow your nest egg.

Singapore is now offering DCA for past few years. However emerging markets have offered this and other creative investment methods for a much longer time.

I am no financial adviser. However what ever i have said is true.

Critics abound! Ofcourse!!

Oh my JB -->> Investments.
:o:o

jasonjst
26-05-2011, 01:37 PM
Are shop houses really the way to go if you wanna invest in JB?

I see so many shop houses vacant.

Those that are taken up the turnover rate is really very high.

Some eateries change hands so many times.

If low rentals there are ready takers. But then where are the returns?

Well, " theoretically " shop houses are productive economics drivers, it help create jobs, generate sales which are the real drivers it any economies. But in JB, developer simply built too many shop houses that create an imbalance of supply and demand. Ask any retailers , they will tell you it is good investment for shophouses . My shop in SG can fetch a rental of SGD 6.5K to 8K for the last 15yrs without a single month unoccupy. Sometime can be a real cash -cow , if you managed to hit the right location.

ginfreely
26-05-2011, 03:14 PM
Have you ever thought of setting up shop in JB? I did toy with the idea not long ago. Still thinking.

Have not thought of that, think I better stick to dividend income and rental income.. but never say never, who knows may be open a kiosk or something like that in JB next time? Anyway must be very low rental and no overhead type (ownself man the stall) then can, won't want to take much risk. You thinking of starting business that need to hire staff or those business that you do everything yourself type?

ginfreely
26-05-2011, 03:19 PM
Good for you Avalon, not many people would even bother to think of their kids. Kudos.

No leh, almost all parents I meet want to leave inheritance to their kids, may be not to their wife/husband but certainly to their children :D

ginfreely
26-05-2011, 03:27 PM
thanks for the info, that is absolutely helpful

You're welcome...oh just a note of caution, don't remit too big amount even if you can, just remit small sum in case anything happen to the money changer.

ginfreely
26-05-2011, 03:49 PM
I am not too happy with the 20% increase effective 1 July 2011. Reason for increase is to upgrade existing damaged roads, repair and add 335 nos of new drain traps, upgrade & increase existing lightings, upgrade landscape, replace gate sensors and motors and replace security vehicles.

To effect the improvement, 40% is required but to make it sweet, only 20%!!! Then they pre-empt that future increase will be a nominal 5% increase annually!!!!

This is daylight robbery. LF has been adding and selling more units, ie more maintenance funds collected and those that wasn't sold yet, the developer should be paying for their share too and yet such exorbitant fee. Have to demand they show us the book.

Currently paying about RM455 per month. Come July, it will be RM546, which is equivalent to what I am paying in Singapore for my condo.

Oh, LF also states that their maintenance charges are generally still lower when compared to other surrounding developments!! How true???

20% increase is alot! Thought LF is quite a few years already, how come maintenance still handled by developer and not the MSCT committee formed by owners?

ginfreely
26-05-2011, 04:07 PM
The Maintenance fee looks ok based on whats promised.

Especially if you signed up that you will have to pay a maintenance fee regularly.

ANd ofcourse maintenance fees are subject to increase.

You wanna live in a great place. You gotta pay.:D:D

There are luxury condos in KL charging upwards of Rm 1000.

I just spoke to my friend who is very well connected and knows the MD of UEM land. He said Sporean's love to complain despite knowing fully well what they get into.

No offence to anyone here.

But you surely should not compare a condo with what you get in Malaysia.

I have seen lots of condos in Singapore. I must tell you that quite a few of them are poorly maintained. I think the HDBs are better maintained in that sense.

I find it strange that condo maintenance fee in Malaysia seems to be not much cheaper than the condo maintenance fees in Singapore, whereas their condo prices are much cheaper. I have seen one old condo in JB with units asking RM250k to RM370k (depending on condition) and yet their maintenance fee is like 25 ct per sq ft and the condo unit size is about 2200 sq ft.

Condo maintenance in Singapore? I think generally quite ok leh except may be the really old or waiting for en-bloc ones? But one thing is the HDBs are very diligent at painting every 5 years while may not be that frequent for condos.

ginfreely
26-05-2011, 04:13 PM
My two and a half cents:

1) Gold is one of the safest investments to date. Yes it may not give you fancy stock market returns. But it still gives you decent returns in the long term. My Gold investments have more than doubled in value. I dun have any plans to see them either.

2) Real Estate. Now for this location is key. To me Johor Bahru does not stand out as a great investment destination. Couple of forummers have already mentioned that.

My mum had a great entrepreneurial streak. She owned a primary school, had lots of landed properties. This is how they have appreciated.
-- Bungalow 177 times the original investment
-- Land 300 times the original ivestment in a 20 yr horizon

In Spore you can possibly get returns of 5 times or maybe a little more than that.

-- My investments in Franklin Templeton MFs have yielded a 33% returns on original investment in 3 years despite the Lehman Meltdown in between.
However i am not a supporter of MFs which have a high management fee and expense ratio. Saner research tells me to opt for ETFs which mirror the basket of shares that make up the composite index.

Invest wisely. Do your research. Its painful. But when you see your money grow your joy will know no bounds.

Dun follow blindly what the Insurance agents/brokers/financial advisers in any part of the world tell you. In fact most financial advisers do not like me since i do not make investments that make their pockets swell.

All these investments were in emerging markets. I plan to continue to do the same.

Im not talking about speculation. I dun speculate. Singapore has loads of speculators. I am not one of them.

Another important aspect regarding investments is where we try to be smarter than the analysts who invest in the markets by "Timing the Market"

Unless you are a PRO (which most of us are not) its never good to time the market.

DCA is a much better. You can grow your wealth slowly. There are those who argue that the associated costs are high. Yet the pros outweigh the cons and its a systematic and steady way to grow your nest egg.

Singapore is now offering DCA for past few years. However emerging markets have offered this and other creative investment methods for a much longer time.

I am no financial adviser. However what ever i have said is true.

Critics abound! Ofcourse!!

Oh my JB -->> Investments.
:o:o

My friend working in fund management company also said DCA is the best, she follows it herself and made very good gains over the last few years. I never follow her advice though. Now I stick to dividend stocks only, no more unit trust after the painful technology unit trust experience, am still holding to it...now half price only :(

Chillout
26-05-2011, 04:42 PM
The Maintenance fee looks ok based on whats promised.

Especially if you signed up that you will have to pay a maintenance fee regularly.

ANd ofcourse maintenance fees are subject to increase.

You wanna live in a great place. You gotta pay.:D:D

There are luxury condos in KL charging upwards of Rm 1000.

I just spoke to my friend who is very well connected and knows the MD of UEM land. He said Sporean's love to complain despite knowing fully well what they get into.

No offence to anyone here.

But you surely should not compare a condo with what you get in Malaysia.

I have seen lots of condos in Singapore. I must tell you that quite a few of them are poorly maintained. I think the HDBs are better maintained in that sense.

I may have signed up to paying maintenance fee regularly (which I paid a lump sum annually), but that does not mean I am willing to pay whatever fee increase developer asked for. Developer does not equal government. I didn't venture out of singland to the same crap here. Might as well open my bank book to developer based on your argument.

Of course the MD of UEM wouldn't like complaint coz that means more work for him. Therefore cheap comment like 'Singaporean likes to complain'. My personal take is if feedback, suggestions, accountability & responsibility are interpreted as complaints, then I welcome it. Call me complain queen.

Why shouldn't I compare condo in Singapore with landed in Malaysia. Cost of running a condo is much higher than running landed property as there are no pools, facilities and painting of buildings every 5 years. I had run my condo for a couple of years, so i know. Labour cost, utilities, motor vehicle, fuel etc are much lower than Singapore.

I have seen many condos too and I do agree a few are not well run (mainly those put for enbloc) but mine is not one of them.

Chillout
26-05-2011, 05:03 PM
Yeah at Setia Tropika we have 2 years of free maintenance. My free maintenance is due to end in November this year.

But i guess this may be extended since my precint is not complete yet.

The new tenants too need 2 years of free maintenance right?

So i may end up getting 4 years.

Not bad i guess.

Keeping my fingers crossed now hoping for an additional 2 years of free security.

Just because the precinct is not complete, is no excuse to waive maintenance fee. My precinct is also not complete and we pay maintenance the moment title transfers.

Reason for maintenance fee is also to built up the sinking fund, which will be used for future improvement or additional work. Don't know what is the law here, but in Singapore, developer has to pay towards the maintenance/sinking fund for all unsold properties. So if developer waives your fee, the developer has to make up the shortfall for you coz it is not fair to others who are paying as they will bear the burden for the upkeep of the estate.

I will demand to see the book as I don't intend to pay towards the improvement work, so that the developer can sell their next project well. The wear and tear is due to heavy usage of the roads from construction of new precincts, therefore the cost should go towards the developer not residents. Transparency is the name of the game.

Chillout
26-05-2011, 05:20 PM
I find it strange that condo maintenance fee in Malaysia seems to be not much cheaper than the condo maintenance fees in Singapore, whereas their condo prices are much cheaper. I have seen one old condo in JB with units asking RM250k to RM370k (depending on condition) and yet their maintenance fee is like 25 ct per sq ft and the condo unit size is about 2200 sq ft.

Condo maintenance in Singapore? I think generally quite ok leh except may be the really old or waiting for en-bloc ones? But one thing is the HDBs are very diligent at painting every 5 years while may not be that frequent for condos.

My sentiment exactly. My believe is nobody bothers to check out the accounts and it is left to the MCST/developer to do what they please. The fee we pay is for service rendered but one do not just quietly accept whatever is thrown your way and kowtow with a thank you for fear of being labelled complaint queen/Singaporean. This is nonsense as we are not living in public housing run by town council.

In LF, Mulpha will not hand over the running of the estate to the residents which has its pro and cons. It would be ideal if we get to vet the accounts and make sure that they do not conveniently pass some of the construction cost for new precincts to us.

Not true that condo does not need to be diligent with painting every 5 years. All buildings are required by law to paint every 5 years. Can stretch another year or so if the condition is still good.

contra
26-05-2011, 05:55 PM
We went through a period of darkness afterwards, then strange thing happened, businesses picked up, my hubby worked very hard on his business. I didn't had go back to work since then. I think he also felt the same calling as you do. That is to provide. We are better off now, although still poor.... :)


Hi cathy,
your postings have been raw and real and touching. you have a good family, life partner and survived the tough life challenges. for those, you are one of the richest persons around...

InformedHH
26-05-2011, 06:03 PM
I hope you have read through and realised that most people here in Johore can afford a lot more than what you can afford in your Pigeon hole.

Ur not welcome here.

We do not need people who want us to insult their intelligence. We are not that bad.

If however you try this stunt again or try and be rude to us watch it.

I am the self appointed gate keeper here.

There are business men here apart from investors like Wuqi, Cathy and jason amonst others.

Watch your tongue before you get scalded.:mad::mad::mad::mad:




Many thanks Avalon, for a minute I felt like I walked into a lion's den. Your welcoming reply is very much appreciated.

InformedHH
26-05-2011, 06:05 PM
Thanks Wuqi. You are the only one out here who has analysed and replied to pleb well.

Most others have helped him reinforce his dumb brain cells that Singaporeans living across the causeway are a bunch of twits.




Hey guys,

Been down with really bad flu recently. Didn't feel well when i was back in SG and must have caught the flu bug.

Ok Pleb, as some of the folks here have already indicated, there is a wide range of people and different circumstances have made them make their move here.

There are people who are moving out here because of frustration living in a cooped up place with too many people. There are also lots who are escaping escalating costs in SG. Yet others who are here because they want to enjoy themselves with the clean air.

Amongst my neighbours, i have retired doctors, lawyers and an architect, all from Singapore. I also have a couple of divers who are living here. All of them still either have condos, HDB and/or landed property in Singapore. All can make it anytime they need to back in SG.

Take one of my closest friends here for example, he has 5 properties here plus his HDB back in SG. He recently sold off a private apartment back in SG. His HDB and cars are fully paid up. 2 of his properties here are fully paid up. He pays our SG government about 30k tax a year. His properties here are all rented out except for the one he stays in. His cars here are fully paid up. He is in his early 30s and have the same desire to be here as well.

So its not only the push factor that is part of the equation but the pull factor as well.

InformedHH
26-05-2011, 06:06 PM
That is really nice. Horizon Hills is the place to be.


Yes they do, the specialists and doctors are all staying in Nusa Idaman and surronding properties. Had a tenant whose child was very sick and they were attended by specialist who arrived within 15 minutes.

InformedHH
26-05-2011, 06:07 PM
Malaysia boleh


bro, you win liao lor.... go back Singapore only get sick... while in Malaysia, healthy all the way... haha

InformedHH
26-05-2011, 06:08 PM
Sorry wuqi, i was annoyed with his "if you could afford to live in Singapore statement". Annoyed me no end.


Bro InformedHH, i think pleb was just analyzing the factors that made us came out to JB and wanted to discuss.
Wishing all a great week and coming weekend. :)

InformedHH
26-05-2011, 06:11 PM
Belated!!!

But better late than never.

You had sufficient time to ponder.

So well... Welcome to the forum.:)




Dear all,

apologies as I am under moderation so there is a lag in my posts.

To those who have replied to my question thus far, I really appreciate the candid replies.

The first chap who replied (other than the toto winner! - nice one btw), I rubbed him the wrong way so was taken aback with the barrage that ensued that I thought I entered a lion's den smeared with butcher juice, but subsequent replies have been really telling, constructive and definitely useful.

Well, the reason why I am asking is because I think I fall into the category where if all goes to plan, I should be able to achieve my goals within a reasonable time frame and probably still be able to live (survive?) in Sg , cost-wise. I'm not one to compare who has more or who spends more (we all have different needs and wants), etc, but my needs are fairly modest, and I am so lucky that my spouse's approach is congruent to mine. So, if I complete the execution of my plans well, we should be ok, not wealthy, but everything will be paid up in a few years.

Someone asked a bit about me. I'm middle aged, I run a small business. Very small. I used to be a corporate guy but left because I didn't feel the lifestyle was sustainable, earn more, somehow spend more, easy to get sucked into the "keeping up with joneses" syndrome - perhaps it was my industry, and weakness of my character at that time. I earn much less now, but am infinitely happier. Striking out on my own has taught me a number of very useful lessons, especially how to live well within one's means.

There has been a strong desire or maybe a feeling of restlessness, which prompted me to look beyond our shores. I have lived abroad before, in a number of countries, but I have been back in Sg permanently for 15 years already.

So I looked around, and it looks like Johor is the logical choice (I too like Camerons but it's a bit remote).

So as I go in and out while exploring etc, one of the questions I asked myself was well, if money wasn't a consideration, would I still be thinking of this move?

And that prompted my initial post.

Someone asked about my views on this, I am still undecided, but I think there is a tipping point. And perhaps, I am not beyond that point to make the stay in SG compelling. In other words, everything will be so much more manageable if I made the move, therefore the scale tips in the direction of change.

Well, as it stands, it looks like me and the mrs will take the plunge, and to Wuqi et al, many thanks for the constructive replies, prior and subsequent to this post.

We all have a different story, I for one, consider myself very lucky to have had the experiences I've had thus far.

And oh yes, very important: To some others who say those who reply "yes, if I had enough money, I wouldn't move", I do not think it suggests "loser" as someone crudely put. I don't think anyone mature enough would suggest this.

Anyone who's made the move out of choice, has the respect of many for the courage displayed for stepping into unchartered territory.

I hope that the original aggravated poster will be able to accept my conciliatory approach, as no angst was intended on my part.

The consideration to move, is not only one of logistics, but also whether or not emotional well-being, health, stress levels, etc improve over time. In this regard, it is not about the money...

Once again, thanks to all.

Pleb.

InformedHH
26-05-2011, 06:14 PM
nice posting


Hi Pleb, I have not move in to Johor yet but it's a confirmed decision to do so as i have been looking for a place for a few mths nw. & I just sold my HDB a few days back so it's a matter of time before I move in to Johor. I would like to share with u my decision to do so. It is not a matter of $$$ since I m single, no family commitment & quite comfortable with my own lifestyle. Not for retirement too, I m only 35 tis year.....long way from it. For investment? Nah. IMHO, I believe Singapore properties still yield beta returns. So nw if u add it all up, why would a young single middle class Singaporean move in to Johor?......For Quality of Life.....I have stayed & worked in Seoul for six mths, had a house in Bkk, working in Singapore & travel bac every mth for 5-7days stay for 3 years. & I come to realized that Singapore is really one of the most undesirable place to live in these past few years. Working is still quite ok here. I stay in a HDB where there are alot of ppl arnd but when compared to a similar place I have in Bkk, the warmth, friendliness & the simplicity of the neighborhood, u can call it the "kampung" feel, Singapore pales in comparison. Compared with a big metropolitan lifestyle in Seoul, Singapore is like no where near it. Tho there are traffics jams, crowded public transports, dirty places in Bkk, high cost of living in Seoul etc but in general, the ppl are happier there & I can feel it cos I m human. With this said, I too can feel that the ppl in Singapore are mostly unhappy or have alot of problems with human relationships. Examples like estranged relationships, affairs & divorces are so common in Singapore. Look at the statistics of the things I mentioned & u will be surprise at where we rank. The constant rat race, the measure of one's worth by the car we drive, the house we stay, the clothes wear etc is stressful. And when all these are achieved, the new cycle starts again. The measure of one's wealth by Hw many cars we have, Hw many properties we have, on & on. Singapore has become a very superficial society. I am not impress by this type of life. Cos life is not just abt these to me at least. I m still young & single. Do I want to live the rest of my life measuring up to a society's expectations? Hell no. Do I want my children to grow up to be obsess with material gains, forgetting how to be happy with just what we are, where we are, who we are & who we are with? Hell no.....i m not saying Singapore is a bad place to live in for all of us. It is a country with many merits. But sadly, after living in it for 35 years, I felt that the country for the past few years went thru much drastic changes......I can go on & on abt the many reasons why I made this decision to move to Johor. Affordability is the least of it cos when I made the decision to sell my HDB, I was planning to buy a condo in Singapore. But eversince I went in to Nusajaya, I have not look bac since. Thanks to those who took time to view my humble posting.

InformedHH
26-05-2011, 06:16 PM
Intime to come one of the universities there or the other will offer all the courses that rake in the bucks including computers and IT.

If im not wrong its RM 90k for one year. But you dun need good academic grades to go in.

So as long as you satisfy the basic eligibility criteria you are in.

I just checked the rates in Spore are S$ 20k a year for Singaporeans. But ofcourse its a gruelling admission process.



rm90k is for how many year huh? May I know? Am also thinking of send my kids to Nusajaya for their University educations. But proberly Computer related. Don't know whether got these kind of courses.

InformedHH
26-05-2011, 06:17 PM
Better faster come out of computer and IT line. You cant beat the cost competitiveness of the IT folks from China, Philippines and India.


aiyo cathy... I was so eager to come out of computer line... :-P

InformedHH
26-05-2011, 06:21 PM
Dear Cathy, teachers dun earn a lot these days. Last time even worse.

http://www.moe.edu.sg/careers/teach/career-info/salary/

For so little money you want them to work like dogs is it?

Come on lah. Give them a break.

Handling a bunch of 30 idiots who have been pampered by their parents no end is no joke. And that too for such a measly pay.

Would you do their job for this pay?


Which reminds me of the degree qualifications requirements to teach in a primary school? Why do you need a degree to teach primary school subjects? It used to be mininmum 'A' Level. Now choose u-grads instead. But I thought passion for teaching is the most crucial thing.

Today is meet the parents day. The way they talk is like you better get you child to do these do that, as if I'm am the teacher responsible for their results. And if can't catch up better have extra tuition. Then what are teachers for? With the current scholar system and that kind of pay, I bet you are just going to attract those who are just in for the money. Not people who passionate enough to teach.

InformedHH
26-05-2011, 06:27 PM
Thats creative.




My son is so interested in fixing gadgets that he wanna open his very own computer repair store at Sim Lim Square. He even save up to by his own toy securities gadgets like line traps and is asking to buy a laser beams....I bet he thought its so be fun! LOL!

InformedHH
26-05-2011, 06:34 PM
You can call me damn rude for all i care.

But you are definitely not poor.

If you were... you would be living in a one room flat and taking up assistance from the Spore Govt. You would not be buying a property here.

Remember the welfare measures are really suited for the poor in Spore. However they may not suit the sandwiched class.

So chill off and remember you are not poor.

Dun try and act as one.

There is no free lunch nor free sympathy.

Tell Pleb that as well.


I don't know what is the reason for your move to JB, whether alternative lifestyle or whatever, but what gives you the right to call people who are looking for lower cost alternative for retirement as LOSERS? You are so damn rude! :mad:

InformedHH
26-05-2011, 06:38 PM
Based on current hdb rules he cant buy hdb. So he gotta sell both and buy a property in spore if he wants to.


I only have 1 kid so one Sg property & one JB property shd be enuff as my legacy for the next generation..

Charlie258
26-05-2011, 11:06 PM
My two and a half cents:

[-/abbreviated/]

Dun follow blindly what the Insurance agents/brokers/financial advisers in any

Im not talking about speculation. I dun speculate. Singapore has loads of speculators. I am not one of them.

Another important aspect regarding investments is where we try to be smarter than the analysts who invest in the markets by "Timing the Market"

Unless you are a PRO (which most of us are not) its never good to time the market.

DCA is a much better. You can grow your wealth slowly. There are those who argue that the associated costs are high. Yet the pros outweigh the cons and its a systematic and steady way to grow your nest egg.

Singapore is now offering DCA for past few years. However emerging markets have offered this and other creative investment methods for a much longer time.

I am no financial adviser. However what ever i have said is true.

Critics abound! Ofcourse!!

Oh my JB -->> Investments.
:o:o



Firstly let me just say I agree completely with your comments about the financial advisors/insurance agents/brokers/relationship managers/etc. These guys are a real piece of work, aren't they? No money and struggling along, and yet have the nerve and the gall to give "advice" to people far wiser, far more sophisticated, and far richer than they can ever hope to become in their pathetic lifetimes.

May I ask what you mean when you say DCA? Do you mean dollar cost averaging?

cathylmg
27-05-2011, 12:16 AM
No leh, almost all parents I meet want to leave inheritance to their kids, may be not to their wife/husband but certainly to their children :D

My in-laws don't. And still aren't now.

cathylmg
27-05-2011, 12:35 AM
Better faster come out of computer and IT line. You cant beat the cost competitiveness of the IT folks from China, Philippines and India.

Do you think a computer repair shop can be profitable? Its my son's ambition and I don't wanna dampen it.... :(

cathylmg
27-05-2011, 12:39 AM
Intime to come one of the universities there or the other will offer all the courses that rake in the bucks including computers and IT.

If im not wrong its RM 90k for one year. But you dun need good academic grades to go in.

So as long as you satisfy the basic eligibility criteria you are in.

I just checked the rates in Spore are S$ 20k a year for Singaporeans. But ofcourse its a gruelling admission process.

Wow! Its about S$20K difference. And also can use our CPF if study in Singapore. I wonder if they will allow us to use our CPF for University education over that. If it comes true, it will be great!

cathylmg
27-05-2011, 12:57 AM
Dear Cathy, teachers dun earn a lot these days. Last time even worse.

http://www.moe.edu.sg/careers/teach/career-info/salary/

For so little money you want them to work like dogs is it?

Come on lah. Give them a break.

Handling a bunch of 30 idiots who have been pampered by their parents no end is no joke. And that too for such a measly pay.

Would you do their job for this pay?

The teachers themselves spoiled and pampered these days. They shove their responsibilities to us parents. Don't make sure that the children understand what they are teaching. Expect parents to suppliment the children with extra tuitions so as to cover for their incompetancy, expect children to have a attain a certain standards before joining the primary schools. Prune out remedial lessons to outside individuals. Don't mark worksheets so the children have the chance to copy answers when they go through in class instead of doing it themselves...etc

Just what are teachers doing? They concentrate on the better students so that the better ones could do the school proud by producing good grades in their PSLE. The weaker classes are given less attention. HODs are all in classes with weak students and you know why? They are always absent. They go for frequent meetings, and trainings after trainings. They don't teach composition lesson that frequently and expect you to sign up for extra enrichments which the school arrange with outside private schools which serve non other purpose than to use up all the money in your's children's edusave account.......

I can go on and on about the difference between teachers of yester-years and now. Its all boils down to one thing, are they really passionate about teaching or are they just there to hide themselves from their incompetancy in the private industries?

Sigh! :(

aangsc
27-05-2011, 01:05 AM
Do you think a computer repair shop can be profitable? Its my son's ambition and I don't wanna dampen it.... :(

can be profitable but cannot be rich. I also don't want to dampen it but it is better to point him the the right direction now then to make u-turn later. You only need to be a ITE grad or poly grad to repair PC , even self -taught is possible, but if he has the inquisitive mind like Bill Gate or even Sim , by all mean.

cathylmg
27-05-2011, 01:12 AM
Professor,


1) Gold is one of the safest investments to date. Yes it may not give you fancy stock market returns. But it still gives you decent returns in the long term. My Gold investments have more than doubled in value. I dun have any plans to see them either.

Professor, same here. Non other safest investments then good old goldie. :D


2) Real Estate. Now for this location is key. To me Johor Bahru does not stand out as a great investment destination. Couple of forummers have already mentioned that.

Agreed on that, but it has potential....


My mum had a great entrepreneurial streak. She owned a primary school, had lots of landed properties. This is how they have appreciated.
-- Bungalow 177 times the original investment
-- Land 300 times the original ivestment in a 20 yr horizon

Wow! May I know where are the location? Just curious... ;)


In Spore you can possibly get returns of 5 times or maybe a little more than that.

True lor. But then prices also fluctuates and its gonna fluctuate more frequently if it gets higher. Good for speculating...


-- My investments in Franklin Templeton MFs have yielded a 33% returns on original investment in 3 years despite the Lehman Meltdown in between.
However i am not a supporter of MFs which have a high management fee and expense ratio. Saner research tells me to opt for ETFs which mirror the basket of shares that make up the composite index.

Yep. Agreed with you. Never touch MFs. They anyhow buy and charge your admin fee and management fees. I also can do it myself. Don't need them. ETFs is the way to go....


Invest wisely. Do your research. Its painful. But when you see your money grow your joy will know no bounds.

Dun follow blindly what the Insurance agents/brokers/financial advisers in any part of the world tell you. In fact most financial advisers do not like me since i do not make investments that make their pockets swell.

All these investments were in emerging markets. I plan to continue to do the same.

Im not talking about speculation. I dun speculate. Singapore has loads of speculators. I am not one of them.

Insurance agents/brokers/financial advisers will bring you go 'holland'. :D


Another important aspect regarding investments is where we try to be smarter than the analysts who invest in the markets by "Timing the Market"

Unless you are a PRO (which most of us are not) its never good to time the market.

DCA is a much better. You can grow your wealth slowly. There are those who argue that the associated costs are high. Yet the pros outweigh the cons and its a systematic and steady way to grow your nest egg.

Singapore is now offering DCA for past few years. However emerging markets have offered this and other creative investment methods for a much longer time.

I am no financial adviser. However what ever i have said is true.

Sound advise by the professor. Echoing.... :D


Oh my JB -->> Investments.
:o:o

Can also be a form of insurances.

wuqi256
27-05-2011, 01:21 AM
Do you think a computer repair shop can be profitable? Its my son's ambition and I don't wanna dampen it.... :(

Yes he can but concentrate mainly on laptop repair as there is an ever growing market for it. Even smartphone repair will be good. Sorry about the mailbox aangsc and Cathylmg, trying to clear asap.

wuqi256
27-05-2011, 01:23 AM
A learned friend of mine told me that there are seminars now about going to JB where they teach you what to do, sell or rent out your HDB flat. Getting MM2H, etc. Buying MY car and staying in JB. Seems quite a lot of folks keen now as the seminars are almost always full, the one he went to had 30 plus folks.

Kind of tempted to go and listen myself as i might learn new things. :)

toyohon
27-05-2011, 01:24 AM
I see quite a number of you guys talking about inheritance. Has anyone done their will? Any lawyers to recommend?

cathylmg
27-05-2011, 01:28 AM
can be profitable but cannot be rich. I also don't want to dampen it but it is better to poin him the the right direction now then to make u-turn later. You only need to be a ITE grad or poly grad to repair PC , even self -taught is possible, but if he has the inquisitive mind like Bill Gate, by all mean.

aangsc, it does not have to make him rich to be happy. So long as he is happy with what he is doing, I am happy for him. Any how many of us become rich by our own occupations?

Anyway, got one guy in Sim Lim Square had 6 repair shops under his belt. As for ds, his is just too good at fixing and dismantling things. His eye opened wide when I brought him there to repair my laptop.

wuqi256
27-05-2011, 01:32 AM
Sorry wuqi, i was annoyed with his "if you could afford to live in Singapore statement". Annoyed me no end.

Live and let live. I think he meant no harm and didn't mean to annoy anyone.
There are lots of people out there who still thinks only the poor will go to JB.
It takes a while for mindsets to change and its always easier making turns in
a small boat versus in a larger vessel where different opinions can sway a
person.

People who discourages you actually meant well but they will not be responsible
for any opportunity loss or gains. Whatever you decide based on the best information
available at that time is your own call.

Don't blame the naysayers or detractors as they know not what they do.
If i could chose attributes of my offspring, the first and most important one is for him
to always keep an open mind.

Its the single quality most rare and lacking everywhere these days unfortunately.

wuqi256
27-05-2011, 01:38 AM
Better faster come out of computer and IT line. You cant beat the cost competitiveness of the IT folks from China, Philippines and India.

Agreed, not much one can do unless one goes in niche market.
There is always a way, beat them at their game by either being a specialist in a niche market that they are unable to penetrate but not so niche that you risk becoming irrelevant if the technology becomes obsolete.

The only reason people in HK, SG can still survive in IT line is more often than not, quite a few of the foreign IT folks cannot really make it.
(Those who can make it are already in US, etc)

Saw one guy with certs almost a ream of paper thick. He tried to bluff his way past interviews and then had a lot of headaches and left abruptly after being unable to answer both simple and difificult questions. There is a reason why a lot of companies these days implement technical questions or have requirement for sample demonstration of work in front of them during the interview. People like them spoil the market for their own countrymen.

wuqi256
27-05-2011, 01:39 AM
I see quite a number of you guys talking about inheritance. Has anyone done their will? Any lawyers to recommend?

Lots here, expect to pay no more than 500-1000 RM for simple one.

hangyong
27-05-2011, 01:45 AM
Hi, does anyone know whether if you purchase a house in Horizon Hills, the developer will pay for all the stamp and legal fees as well as State Levy?

I asked the developer's sales agent, and one said all legal fees on the SPA and loan will be absorbed, but not the stamp fees and levy. Another said, they will pay for everything, so not too sure which is correct.

Is The Hills terrace worth investing in at RM750K? Anyone can advise?

it depends on the property that you buy.

Current launch:
Horizon Suites: Lawyer's conveyance taken care (both ways), stamp duty, state consent on your own
Terrace at Hills: everything taken care (cannot remember about the state levy though)

Currently left with inbetween unit at the Hills. I wun take it because I would prefer a corner unit with more land. But price is there abouts lah

wuqi256
27-05-2011, 01:55 AM
aangsc, it does not have to make him rich to be happy. So long as he is happy with what he is doing, I am happy for him. Any how many of us become rich by our own occupations?

Anyway, got one guy in Sim Lim Square had 6 repair shops under his belt. As for ds, his is just too good at fixing and dismantling things. His eye opened wide when I brought him there to repair my laptop.

You are truly wise, much wiser than those pushing their kids ever harder, not realising they are the ones pushing their kids over the edge. Either in the end, they jump or become mad with the great expectations required of them. Sometimes what they want is not equal to what we want for them. I would rather my sons be happy than become unhappy with their permanently head damaged. As i said once to astonished relatives and friends, i do not need my son to be no. 1, i just want him to be happy. I do not need him to study doubly hard, take extra lessons, go NS and still to be put on an uneven footing with foreigners despite him having to do so much more. All of our PMET jobs can be done cheaper, better and faster by foreigners so what happens then, everyone becomes entrepreuneurs or civil service?? (By the way, remembered one of my lecturers used to say this, if you are jobless before 35 and can quickly get a degree before that, go into civil service, i will not respect you any less)

What are we really chasing for in life? One of it is to be happy.

I even had an ex manager telling me, life is not about happiness, its about work, commitment and being hardworking and true to his religion. I said more power to you, as long as you are happy doing it. He clammed up and a few months later, he left the company and started his own biz in his own country (He is an FT) When he left, he told me, now he is finally happy as he found what he wanted instead of what is available.

singaporeplebian
27-05-2011, 02:13 AM
Live and let live. I think he meant no harm and didn't mean to annoy anyone.
There are lots of people out there who still thinks only the poor will go to JB.
It takes a while for mindsets to change and its always easier making turns in
a small boat versus in a larger vessel where different opinions can sway a
person.

People who discourages you actually meant well but they will not be responsible
for any opportunity loss or gains. Whatever you decide based on the best information
available at that time is your own call.

Don't blame the naysayers or detractors as they know not what they do.
If i could chose attributes of my offspring, the first and most important one is for him
to always keep an open mind.

Its the single quality most rare and lacking everywhere these days unfortunately.

Wuqi,

appreciate your reply, and also that is was polite and non-threatening. Yes, I most certainly did not mean any harm and also would like to clarify that I do not think "only the poor" move to JB. I merely was curious as to whether or not the financial aspect was the main factor or not.

I understand from your substantial earlier reply, and from others as well, that many who can well afford the high cost of living in Sg, still made the choice to move over. This speaks volumes that the motivation to make such a move comes down to so much more than money.

Some other have replied that yes, it helps balance the books, and allows one to better plan and achieve financial independence status on/ahead of time. I don't think anyone who is mature enough would suggest or imply that those who chose to move to achieve financial independence are losers. In fact, the way things are going with respect to the CPF mechanism, it is good that more and more people do not rely solely on this as their retirement plan.

I agree that having an open mind is probably one of the most critical factors in being successful (and I am not talking just about financial success). I think another critical factor is also being non-judgmental. Which is why the power of observation can be so invaluable. In this thread, there is much knowledge being shared, and I think this is a positive thing as many people are at various stages of their personal journey. Some like yourself, have advanced beyond others, some others like myself, are just getting our feet wet.

Well, as mentioned before by other posters, most people here are friendly and unconditionally helpful and I think this bodes well for the level of graciousness most of us aspire to for ourselves and our loved ones.

Thanks again to all, and peace be with you.

Pleb

wuqi256
27-05-2011, 02:16 AM
it depends on the property that you buy.

Current launch:
Horizon Suites: Lawyer's conveyance taken care (both ways), stamp duty, state consent on your own
Terrace at Hills: everything taken care (cannot remember about the state levy though)

Currently left with inbetween unit at the Hills. I wun take it because I would prefer a corner unit with more land. But price is there abouts lah

Hi Nusajayaphile,
Agree with Hang Yong, if its to buy and stay though. 750k is ok. If its to buy to invest, there is still some upside but if its to buy and rent out, i would advise you to go for other options.

wuqi256
27-05-2011, 02:17 AM
Hi Mr Bean, i have replied to your PM, apologies.

For all others who have PMed me as well, my apologies
for the delay. My inbox is now cleared.

wuqi256
27-05-2011, 02:21 AM
Well, " theoretically " shop houses are productive economics drivers, it help create jobs, generate sales which are the real drivers it any economies. But in JB, developer simply built too many shop houses that create an imbalance of supply and demand. Ask any retailers , they will tell you it is good investment for shophouses . My shop in SG can fetch a rental of SGD 6.5K to 8K for the last 15yrs without a single month unoccupy. Sometime can be a real cash -cow , if you managed to hit the right location.

Prof is right but i would say shops are still worth looking into, provided that they are in a local that would have lots of traffic GOING INTO your SHOP actual area or at least passing directly with an easy way/road to get to your shop. Lots of shoplots languishing in areas where although its next to the highway, there is no easy or convenient way to get to your shop. Always assume people are too busy/lazy to go to a place where accessibility is harder as they will just go somewhere else easier/faster.

aangsc
27-05-2011, 02:27 AM
Agreed, not much one can do unless one goes in niche market.
There is always a way, beat them at their game by either being a specialist in a niche market that they are unable to penetrate but not so niche that you risk becoming irrelevant if the technology becomes obsolete.

The only reason people in HK, SG can still survive in IT line is more often than not, quite a few of the foreign IT folks cannot really make it.
(Those who can make it are already in US, etc)

Saw one guy with certs almost a ream of paper thick. He tried to bluff his way past interviews and then had a lot of headaches and left abruptly after being unable to answer both simple and difificult questions. There is a reason why a lot of companies these days implement technical questions or have requirement for sample demonstration of work in front of them during the interview. People like them spoil the market for their own countrymen.

I deal with many computer related people. More than 10 years back, I see repairmen from Singapore for computer and printer repair, now I hardly see them except for high end hardware. I usually see PRC and Indian . Now even cablemen are not the usual Singaporean/M'sia, I see Pinoy foremen, PRC and Indian. This is why I have lesser faith for fellow countrymen going into this trade.

I remember there was a time when govt were asking retrench people over 35+ to go for computer repairs course and many did not get a job in those line eventually. Are they not good enough or are there more young men that can do it better at lower price ?

If parents are wealthy, they can afford to let kids try out career that fit them nicely but for those who are not, job security would be 1st priority. Unfortunately, I belong to second category ! When I asked my son what he would like to be ? He said to be pay playing computer game everyday and he will truely be happy. I am dumbfounded. I have yet to find any such job for youngster today. Professional gamers , does it pay enough to pay bills ?

wuqi256
27-05-2011, 02:28 AM
No leh, almost all parents I meet want to leave inheritance to their kids, may be not to their wife/husband but certainly to their children :D

Then you are lucky to meet the good ones. I know of many who leave nothing but debts to their kids. The best inheritance one can leave to ones scion are not houses, not stocks no gold but good and sound education.

29ers
27-05-2011, 02:30 AM
Wah the post in this thread is really something to read about, we have gone from Living in JB to How to lead a Happy life and Life's goal. Thoroughly enjoyed reading the different views posted by various ppl from all sorts of Walks.

I have friends who teach in school, a few of them. Infact their passion is to teach and they like to be around kids. Their concern is that they don't have time for all this, they are busy with marking, meetings, mini projects....they told me if they could just teach, a lot of them would be happier. They highlighted that some of these full time teachers turn to part time and just concentrate on teaching, which is what they like. So not all the teachers are bad, i guess it's the system.

The "system" which is another topic altogether. ........ well lucky some of the brave ones voted for CHANGE...if not i don't know what to expect. To some it up , the "system" should operate like a NPO, ppl who run the system should just have the passion to serve, they should not be there for the money...guess no fame that comes along so they can't be in it for fame. Right now the "system" is milking the hard earned money from the hardworking ppl which is why most ppl are fed up with. Overall the culture is just going from BAD to Worse. .. .. . ppl flare up so easily in SG over simple things like a HIGH BEAM..

Ok to answer some of the ??? posted....if i was well off would i still move to JB. If i had a 10 Billion SGD, yes u are right, i wouldn't make the move to JB. I would have gotten my house in Nassim area, not working, living of dividends from my extensive portfolio of shares....etc. i would prob be sending my kids to school in the morning and back home to read the papers, meetup friends for lunch, pick up kids from school, have some family time, back home for dinner.....watch a movie in my home theater or play bowling at home.....etc

Well i belong to the not so well off, but i did not choose to live in JB cos it was cheaper, actually it's about the same for me, as most meals i have them in SG, the distance traveled to my work place is doubled from where i used to live, so i don't save on petrol. I just love the tranquility of my place, the ppl around my estate are great they help look out for one another. There's a possibility that i could send my kids to school here in future and not be in the Gangster infested schools.....etc Basically it's the Kampong feel where everyone has one goal, TO BE HAPPY....

Cheers

u only have 1 life, live it ....pursue happiness n not fame. If u r happy cos u have fame, what happens when u don't have fame? Nobody is Happy 100% of the time but if we can just get 65% of it to be happy, i think u are in the right path.

PEACE

aangsc
27-05-2011, 02:30 AM
Then you are lucky to meet the good ones. I know of many who leave nothing but debts to their kids. The best inheritance one can leave to ones scion are not houses, not stocks no gold but good and sound education.

That is exactly what I hope the kids will get...something within that no one can snatch away from you. The ability to survive on their own no matter where they evetually settle down !

wuqi256
27-05-2011, 02:34 AM
If parents are wealthy, they can afford to let kids try out career that fit them nicely but for those who are not, job security would be 1st priority. Unfortunately, I belong to second category ! When I asked my son what he would like to be ? He said to be pay playing computer game everyday and he will truely be happy. I am dumbfounded. I have yet to find any such job for youngster today. Professional gamers , does it pay enough to pay bills ?[/QUOTE]

Hi Aangsc, i actually started in the IT line and got keen by playing computer games and then when new games come out that required more powerful hardware, then learnt to upgrade when i encountered expensive, bad and surly service. Games was actually what led me to my line as i got keen not only in hardware but in networks due to the onset of lan gaming at that time. It fired up the imagination like nothing else. Aside from interest, passion is the other main difference between those who gave up and those who stuck it through and found success.

There are professional gamers in Korea (Korea is one of the most IT connected countries in the world) who do nothing every day but play games. It pays their bills as they have enough sponsors for them. Not sure about SG but so far other than Korea, i know of folks in other countries who are able to live and live reasonably well just by playing games. The world keeps changing, what is seen as actions done by a wastrel son today may turn out to be the main money "engine" of the family in the future.

When the guys first created the game "Pong", everyone of the naysayers said it was a waste of time. When Bill Gates wanted to first build his version of a GUI based OS (of course based on what is already available, people even said it will flop. People even laughed when the first sound card came out. Where are they now???

For every visionary, there are 10,000 naysayers. The naysayers keep society on track, the visionary or the fool improves the world, one foolish step at a time.

Mindsets (not just character) are harder to change than dynasties - Words from my grandfather.

hangyong
27-05-2011, 02:35 AM
Not true that condo does not need to be diligent with painting every 5 years. All buildings are required by law to paint every 5 years. Can stretch another year or so if the condition is still good.

seriously???? then I have to go complain to HDB or town council liao....

euphony
27-05-2011, 02:36 AM
Firstly let me just say I agree completely with your comments about the financial advisors/insurance agents/brokers/relationship managers/etc. These guys are a real piece of work, aren't they? No money and struggling along, and yet have the nerve and the gall to give "advice" to people far wiser, far more sophisticated, and far richer than they can ever hope to become in their pathetic lifetimes.

May I ask what you mean when you say DCA? Do you mean dollar cost averaging?

DCA is very good instrument because it takes the guess work out of the equation. but to see very good returns the best time to start DCA'ing is actually in the worst times and be flexible in making purchases more in bad times, less in good haha my small 2 cents.

ETFs are amazing tools I agree because they trade like stocks and are very low on fees, but SG has very limited ones. Beware some ETFs are actually UTs in disguise with UT's high maintenance fees that financiers are trying to sell.

The US has very broad range of ETFs which are useful if you do sectorial investing. They have shorting ETFs as well which is good allowing you to profit in good and bad times. especially eince it is more difficult to get shorting privileges on the SGX. Short positions have to be closed within the day if you 'accidentally' open them...

euphony
27-05-2011, 02:39 AM
I see quite a number of you guys talking about inheritance. Has anyone done their will? Any lawyers to recommend?

i first got to my lawyer when i got to know them through property purchase asked them about wills and one thing lead to another. =)

wuqi256
27-05-2011, 02:39 AM
Agreed.

Physical stuff, people can steal from you, rob from you, cheat/fool you.

All physical and material stuff will degrade over time with the only possible
exception of gold(but thats another matter as it can still be taken away)

The only thing people cannot take from you is what you know and who you
are.(know thyself)

wuqi256
27-05-2011, 02:41 AM
i first got to my lawyer when i got to know them through property purchase asked them about wills and one thing lead to another. =)

Yes, easiest place to start is through the same one handling your purchase. Note that not all handle wills though.

wuqi256
27-05-2011, 02:44 AM
There is actually a growing community of experts here who are big time investors, got introduced to some guys recently
so hoping to learn more from the experts.

Amakusa Kourin
27-05-2011, 02:44 AM
If parents are wealthy, they can afford to let kids try out career that fit them nicely but for those who are not, job security would be 1st priority. Unfortunately, I belong to second category ! When I asked my son what he would like to be ? He said to be pay playing computer game everyday and he will truely be happy. I am dumbfounded. I have yet to find any such job for youngster today. Professional gamers , does it pay enough to pay bills ?

Hi Aangsc, i actually started in the IT line and got keen by playing computer games and then when new games come out that required more powerful hardware, then learnt to upgrade when i encountered expensive, bad and surly service. Games was actually what led me to my line as i got keen not only in hardware but in networks due to the onset of lan gaming at that time. It fired up the imagination like nothing else. Aside from interest, passion is the other main difference between those who gave up and those who stuck it through and found success.

There are professional gamers in Korea (Korea is one of the most IT connected countries in the world) who do nothing every day but play games. It pays their bills as they have enough sponsors for them. Not sure about SG but so far other than Korea, i know of folks in other countries who are able to live and live reasonably well just by playing games. The world keeps changing, what is seen as actions done by a wastrel son today may turn out to be the main money "engine" of the family in the future.

When the guys first created the game "Pong", everyone of the naysayers said it was a waste of time. When Bill Gates wanted to first build his version of a GUI based OS (of course based on what is already available, people even said it will flop. People even laughed when the first sound card came out. Where are they now???

For every visionary, there are 10,000 naysayers. The naysayers keep society on track, the visionary or the fool improves the world, one foolish step at a time.

Mindsets (not just character) are harder to change than dynasties - Words from my grandfather.

Spoken like a true matured man. Go for what you want ultimately in career and you will succeed. Live where you want, even though it is proclaimed to be unsafe or no-hope. You happy, good enough.

euphony
27-05-2011, 02:45 AM
I am dumbfounded. I have yet to find any such job for youngster today. Professional gamers , does it pay enough to pay bills ?

in certain places quite big actually like south korea, where they 'prolific' gamers battle in front of live TV with screaming fans. they test games and seek endorsements etc... dunno about Sg though. Got a friend's bro who left SG and found himself a job in game development in japan. that's the other side of where gamers eventually end up? i hear there is a big games studio coming to SG or already in SG?? but as in so far nothing big yet in SG unless we come up with localized games where enemies swear at each other in Singlish for example? =p

hangyong
27-05-2011, 02:56 AM
Better faster come out of computer and IT line. You cant beat the cost competitiveness of the IT folks from China, Philippines and India.

ya... realised that about 10 years back and left...

aangsc
27-05-2011, 03:01 AM
in certain places quite big actually like south korea, where they 'prolific' gamers battle in front of live TV with screaming fans. they test games and seek endorsements etc... dunno about Sg though. Got a friend's bro who left SG and found himself a job in game development in japan. that's the other side of where gamers eventually end up? i hear there is a big games studio coming to SG or already in SG?? but as in so far nothing big yet in SG unless we come up with localized games where enemies swear at each other in Singlish for example? =p

I am alright if game testing and development is where the gaming interest lead to but if it only end at gaming everyday , then I worry. I would really like to know what price do a gamer paid to achieve top spot in tournament ? Price as in $ and time spent. My second worry is their thought of living in virtual world. I am no gamer myself as I always think it is a great waste of time playing with a computer esp when it becomes a habit with at least 4 hrs a day. Actually I was happy that my son past thru the 4 hrs gaming but now he is into facebook 4 hrs a day ? :-(

Analytical Professor
27-05-2011, 03:37 AM
Yes i agree with you that "Shop houses are productive drivers of the economy".

Agreed.

As you have rightly pointed out the developers in their great haste to make loads of cash have just built too many shop houses apart from houses. This has caused the oversupply and therefore has had a dampening effect.

If the developers were not so greedy definitely shop houses would have been a sound investment.

The problem with too many shop houses is that Johor does not have the critical mass to support so many busineses.

Most of the people spend their time at Jusco/Sutera Mall/Tesco/Giant/Carrefour etc. A cursory glance at the carparks would indicate that this is true.

Congrats bro. You make a helluva lot money on your shophouse in Spore.

During the SARS crisis your shophouse was not affected ah? Lucky you. Cause many people i know at that time told me that shophouses had not many takers then and rents had dropped to real lows.

But lucky you dude.


Well, " theoretically " shop houses are productive economics drivers, it help create jobs, generate sales which are the real drivers it any economies. But in JB, developer simply built too many shop houses that create an imbalance of supply and demand. Ask any retailers , they will tell you it is good investment for shophouses . My shop in SG can fetch a rental of SGD 6.5K to 8K for the last 15yrs without a single month unoccupy. Sometime can be a real cash -cow , if you managed to hit the right location.

Analytical Professor
27-05-2011, 03:39 AM
Aiyo i just told my wife yday that she could take everything.

Cause she also cant take it and go anywhere what? Right? Being the mum surely she would leave it for her kids!:D:D


may be not to their wife/husband but certainly to their children :D

hangyong
27-05-2011, 04:01 AM
can someone enlighten me about this DCA lah... ETF lah.. UT lah... blurr...

Analytical Professor
27-05-2011, 04:02 AM
Yes DCA is one of the best methods for ordinary and normal people like us to grow our nest egg.

Most importantly do reasonable research and find a fund that you would wanna invest in. Check out the basket of stocks/index the fund wants to replicate. Do your research well. Painful but productive.

A lot of investors follow herd mentality. Many others follow what people say.

But to me its like this "Invest in a business you understand and believe" Cause when you understand you should not generally make mistakes. One great person mentioned this before.. He does this regularly and is one of "6 SIGMA statistics" a rare occurence in a population.

MFs are painful cause fund managers may make mistakes apart from having high expenses. Again i repeat financial advisers sell what makes their profits swell.

So for us its best to read up well and invest.

Larry Haverkamp writes reasonably well on Money and so does Tan Kin Lian for the uninitiated.


My friend working in fund management company also said DCA is the best, she follows it herself and made very good gains over the last few years. I never follow her advice though. Now I stick to dividend stocks only, no more unit trust after the painful technology unit trust experience, am still holding to it...now half price only :(

euphony
27-05-2011, 04:05 AM
can someone enlighten me about this DCA lah... ETF lah.. UT lah... blurr...

one thing to make it a bit clearer.

DCA is an investment strategy

ETF is an investment instrument/tool

Analytical Professor
27-05-2011, 04:17 AM
Even Condos not marked for en-bloc are not very well maintained. A look at Condos at Tanjhong Rhu/Orchard Road belt/Bukit Timah/Upper Bukit Timah will reveal that. Your condo maybe different though.

Yes ofcourse there are those few that are in pristine condition. But those are amongst the few.

I have seen the condos there having tiles popping out, lifts taking ages to be maintained, toilets not in great shape with lots of unwanted visitors running around the toilets.

"I did not venture out of singland to the same crap here". So why are you complaining now? Signed with your eyes closed? OR do you think if you make a lot of noise the Township authorities will care?

Singaporeans are complaint kings and queens. Everyone knows that.

My argument = Opening bank book.

Where from does this logic initiate?

In the same coin as you called a comment "Cheap" can i also then effectively say your logic My argument = opening bank book cheap? Worse still your posts are cheap? What is Rm 546? About S$ 200 in a private township. You dun wan lights/nice roads etc? They have clearly indicated what the increase is for. And you know the cost of raw materials has been going up.

People pay upwards of Rm 1000 for condo maintenance in KL. Condo is a much smaller area compared to a large private township spread over acres and acres.

Maybe ur right... If they reveal their book to you ..... you would be wiser.



I may have signed up to paying maintenance fee regularly (which I paid a lump sum annually), but that does not mean I am willing to pay whatever fee increase developer asked for. Developer does not equal government. I didn't venture out of singland to the same crap here. Might as well open my bank book to developer based on your argument.

Of course the MD of UEM wouldn't like complaint coz that means more work for him. Therefore cheap comment like 'Singaporean likes to complain'. My personal take is if feedback, suggestions, accountability & responsibility are interpreted as complaints, then I welcome it. Call me complain queen.

Why shouldn't I compare condo in Singapore with landed in Malaysia. Cost of running a condo is much higher than running landed property as there are no pools, facilities and painting of buildings every 5 years. I had run my condo for a couple of years, so i know. Labour cost, utilities, motor vehicle, fuel etc are much lower than Singapore.

I have seen many condos too and I do agree a few are not well run (mainly those put for enbloc) but mine is not one of them.

Analytical Professor
27-05-2011, 04:21 AM
Thank you so much Charlie258. I feel vindicated.

I have had couple of these FMs looking down on me just because i challenged their knowledgebase. I am not going to be another chicken on the chopping board ready for their picking right?

So i had to challenge them. And when i did that they gave me the "You got no money" to invest in attitude...

Yes Dollar Cost Averaging .

Another method is called systematic investing. Both are the same.



Firstly let me just say I agree completely with your comments about the financial advisors/insurance agents/brokers/relationship managers/etc. These guys are a real piece of work, aren't they? No money and struggling along, and yet have the nerve and the gall to give "advice" to people far wiser, far more sophisticated, and far richer than they can ever hope to become in their pathetic lifetimes.

May I ask what you mean when you say DCA? Do you mean dollar cost averaging?

Analytical Professor
27-05-2011, 04:22 AM
In time to come they may allow CPF to be used in NUSAJAYA.

But remember Singapore admission is very difficult. But Nusajaya admission easy. So for those who dun wanna stress their kids NJ is the way to go


Wow! Its about S$20K difference. And also can use our CPF if study in Singapore. I wonder if they will allow us to use our CPF for University education over that. If it comes true, it will be great!

hangyong
27-05-2011, 04:28 AM
one thing to make it a bit clearer.

DCA is an investment strategy

ETF is an investment instrument/tool

not your language problem... its just that layman like me dun understand nuts about all these investment thing...

searching Wikipedia:

DCA is DOllar Cost Averaging
basically find a fund you like, invest fixed amount monthly.
This way, when price is low, you buy more parts of the fund, and when expensive, you buy less part of the fund, and the total investment is the average of everything.

This one, can find easily in Singapore... and on your own easily...

ETF is Exchange Traded Fund
How does this work? Where can I buy such Funds in Singapore?
Or is this totally different from what you guys are talking about (since its mentioned that its a tool)...

euphony
27-05-2011, 04:42 AM
Even Condos not marked for en-bloc are not very well maintained. A look at Condos at Tanjhong Rhu/Orchard Road belt/Bukit Timah/Upper Bukit Timah will reveal that. Your condo maybe different though.

Yes ofcourse there are those few that are in pristine condition. But those are amongst the few.

I have seen the condos there having tiles popping out, lifts taking ages to be maintained, toilets not in great shape with lots of unwanted visitors running around the toilets.

"I did not venture out of singland to the same crap here". So why are you complaining now? Signed with your eyes closed? OR do you think if you make a lot of noise the Township authorities will care?

Singaporeans are complaint kings and queens. Everyone knows that.

My argument = Opening bank book.

Where from does this logic initiate?

In the same coin as you called a comment "Cheap" can i also then effectively say your logic My argument = opening bank book cheap? Worse still your posts are cheap? What is Rm 546? About S$ 200 in a private township. You dun wan lights/nice roads etc? They have clearly indicated what the increase is for. And you know the cost of raw materials has been going up.

People pay upwards of Rm 1000 for condo maintenance in KL. Condo is a much smaller area compared to a large private township spread over acres and acres.

Maybe ur right... If they reveal their book to you ..... you would be wiser.

am almost neutral party here. Me thinks we all know maintenance is a component of monthly payout we are definitely committed to. I guess what Chillout is trying to say is the increase must be justified. Cannot swipe everything under the convenient excuse of increased costs. End of day transparency is the key. I have heard about some problems of title deed transfers in LF perhaps that sets of a alarm to be more cautious of the developer in general. Whether big money or small money, money is money. If the bank returns you only 99% of what you own even if its 100 dollars in 1 million, it is still money.

having said that I am also glad the developer is committed in making sure the overall feel of the whole area is not compromised and holds a certain air of dignity when one enters. i am very happy about the true double gating as well as segregation in the masterplan making sure the density is really low comparatively speaking. and am plenty hopeful about the future accessibility points and potential. have also made a very good friend out of one of the sales rep who's got a first class service all the way through and after.

Still I would take the developer to task if the money is taken and the promised does not materialize as I think it is only fair. =)

euphony
27-05-2011, 04:48 AM
not your language problem... its just that layman like me dun understand nuts about all these investment thing...

searching Wikipedia:

DCA is DOllar Cost Averaging
basically find a fund you like, invest fixed amount monthly.
This way, when price is low, you buy more parts of the fund, and when expensive, you buy less part of the fund, and the total investment is the average of everything.

This one, can find easily in Singapore... and on your own easily...

ETF is Exchange Traded Fund
How does this work? Where can I buy such Funds in Singapore?
Or is this totally different from what you guys are talking about (since its mentioned that its a tool)...

Hangyong:

Just like buying stock. you buy/sell the fund on the exchange no middle man. ETFs tend to mirror whichever sectorial indices and are not actively managed therefore cheaper and faster to dispose or buy since no middle man. SGX main board lists some of these ETFs (e.g. from lyxor sectors in india, china etc). hope i got in correct, any person with professional training correct me if I am wrong =p

Chillout
27-05-2011, 05:17 AM
"I did not venture out of singland to the same crap here". So why are you complaining now? Signed with your eyes closed? OR do you think if you make a lot of noise the Township authorities will care?

Singaporeans are complaint kings and queens. Everyone knows that.

My argument = Opening bank book.

Where from does this logic initiate?

In the same coin as you called a comment "Cheap" can i also then effectively say your logic My argument = opening bank book cheap? Worse still your posts are cheap? What is Rm 546? About S$ 200 in a private township. You dun wan lights/nice roads etc? They have clearly indicated what the increase is for. And you know the cost of raw materials has been going up.

People pay upwards of Rm 1000 for condo maintenance in KL. Condo is a much smaller area compared to a large private township spread over acres and acres.

Maybe ur right... If they reveal their book to you ..... you would be wiser.

Hello, we are not dealing with town council here but a service provider. A MCST do not just inform the residents of fee increase without going thru an AGM to justify and seek approval for the increase.

Since LF does not do the above, then it is a service provider and I have every right not to agree to the increase. If not agreeing means I am complaining, then are you suggesting that I should accept and just present my bankbook.

The area of a condo may be smaller but for landed property, all you need is cleaner to sweep the road, gardener to do the landscape, lightings etc. No painting (cost more than S$500k for 13 blocks of 14 storey), lifts , pools, etc to pay. Besides LF does not have a clubhouse. Yes material cost has gone up quiet a bit but it is only one factor.

Within my precinct, we don't have our own guards, no sewage to maintain as all owners have to built their own. Though LF has clearly stated the improvement work to be done but most of the improvement work is not within my precinct.

When we took over the running of my condo from developer, we went thru the accounts and found many cost charged to us that belongs to developer.

Opening the book to residents does not make us wiser but informed!!! I do not claim to be wise but I do claim the right not to be a SUCKER. If you choose to, then that is your prerogative but don't use MD of UEM to tell me I am a complain queen. You have your right not to agree with us that the fee increase is unjustified but that statement is irrelevant in your posting.

You love to go marketing and shopping, do you suck up whatever is thrown at you. So along the way in the future, your massage increases by another 20%, you will quietly accept when others did not increase?

My purpose of putting up the information about the increase is to let other forumers know what is happening in my estates and to find out if other estates are also increasing fee.

I do expect different views but not to be told what to do and being labelled!

People pay upwards of RM1000 in KL condo!! Are you saying no one pay lesser than that in KL?? For RM1000, do expect highend condo with top notch facilities.

wuqi256
27-05-2011, 05:25 AM
Ginfreely, the petrol kiosk thing was one of the first things i thought of but was quickly put down by a local friend. Its one of the racial restriction thingy from what i understand.

wuqi256
27-05-2011, 05:37 AM
Lemans, don't get me wrong. We are super tolerant and we love animals. I used to have a golden retriever too, only, ours was a real gem of a dog.
He never barks unless we told him to, he never go to areas that we told him are off limits and one time we told him to stand attending at the door.
From the security cameras, he only moved once to our garden area to do his business and came right back. He could have signed up as an RP any
day. Bless his soul. Our nearest neighbours didn't know we had a dog for more than 5 months until one day a silly flyer distribution guy startled him.
He got the shock of his life. I managed to record my dear dogs voice before he passed on and used it in my security cameras warning sound. Its as
if he is still with us, always. Even in my old luggage, we can still find strands of his golden locks, he (his fur) actually travelled the world with me and
my family.

My issue is not with dogs(or cat for that matter), its the attitude owner that can or cannot be bothered. Some just let their dogs do their business and couldn't care less, i spoke politely to a neighbour who let his dog poo and pee near by every day on my next doors neighbour walls. Thats not very neighbourly especially
if you don't remove it. Ceaseless barking, running around, these can all be alleviated if the owner bothered to send his dog for training, when i bought
a dog, the first thing i did was to sent it to school to educate it.

The more well behaved he is, the less of a trouble he is to my neighbours and ourselves as well. He came neutered which was fine in the scheme of
things but later on in life, his temperament, his behaviour and obedience (never threw tantrum) made me wish he could have passed on his genes, i
would have bought 5 golden retriever dames for him anytime to reward him. Not so much to have babies but just to make him a happy dog. If there really
is a next life, i hope he becomes a person and have a good life. We still kept his picture around, he even had a passport size picture taken, sitting so seriously
and not moving a dog muscle throughout.

wuqi256
27-05-2011, 05:41 AM
Bro Chillout,

Peace to onto you brother and like your avatar namesake,do chillout. As i type this, the cool air this afternoon is really very calming, i love the rustling of the tree leaves. My dad gave me a slice of papaya today from our own garden. Man, sometimes the simple things in life are the most enjoyable.
Bro AP is always very helpful so i think he meant well. Thanks for sharing about that though. My maintenance fees ranges from 100 plus(low) to ,hmm 100 plus(higher part) RM.

wuqi256
27-05-2011, 05:44 AM
In time to come they may allow CPF to be used in NUSAJAYA.
But remember Singapore admission is very difficult. But Nusajaya admission easy. So for those who dun wanna stress their kids NJ is the way to go

Agree with this, integration is on the way. :)

Chillout
27-05-2011, 06:05 AM
Bro Chillout,

Peace to onto you brother and like your avatar namesake,do chillout.

No worry Wuqi. Decided to the moment I last post my comment.

Will ignore all future comments with regards to the subject. No energy to deal with such stuff.

Chillout
27-05-2011, 06:15 AM
Bro Chillout,

Thanks for sharing about that though. My maintenance fees ranges from 100 plus(low) to ,hmm 100 plus(higher part) RM.

Bro Wuqi, the RM100 if for terrace or SD? Mind me asking the sft of the land?

Any idea how much is the maintenance fee for bungalow in HH?

cathylmg
27-05-2011, 06:51 AM
Prof is right but i would say shops are still worth looking into, provided that they are in a local that would have lots of traffic GOING INTO your SHOP actual area or at least passing directly with an easy way/road to get to your shop. Lots of shoplots languishing in areas where although its next to the highway, there is no easy or convenient way to get to your shop. Always assume people are too busy/lazy to go to a place where accessibility is harder as they will just go somewhere else easier/faster.

For shop lots, it is not easy to access whether there will be traffic or not before it is fully up and functioning. It is more like a gamble. Either people go there or people don't. Take for example the shop lots at Sutera Utama. The road leading to it is so cramped. With the difficulty in access the place, contrary to the shoplots at Nusa Bestari area, which faces the main road, who would have thought it to become a success? I think the surrounding developments may be able to give you a clue of how it is going to turn out. But then still no guarantee.

hangyong
27-05-2011, 07:11 AM
alamak.... another news of gun shot case in JB in the news... :-(

why this kind of news always make headlines in local papers one???

nusajayaphile
27-05-2011, 07:57 AM
it depends on the property that you buy.

Current launch:
Horizon Suites: Lawyer's conveyance taken care (both ways), stamp duty, state consent on your own
Terrace at Hills: everything taken care (cannot remember about the state levy though)

Currently left with inbetween unit at the Hills. I wun take it because I would prefer a corner unit with more land. But price is there abouts lah

Hangyong, many thanks for your reply.

Looks like for landed houses, they absorb the costs. You are right about inbetween units left at The Hills precinct. Maybe should wiat for the next Precinct to be launched.

nusajayaphile
27-05-2011, 08:04 AM
Hi Nusajayaphile,
Agree with Hang Yong, if its to buy and stay though. 750k is ok. If its to buy to invest, there is still some upside but if its to buy and rent out, i would advise you to go for other options.

Hi Wuqi

Thanks for your valuable insight. I'm planning to buy for 3 purposes

1. Investment - so if there is upside on completion, hold on and rent out - option 2.
2. Rent Out for 5 years
3. For retirement home eventually.

What would you suggest are the other better options available? Care to share?

How about 1 Medini apartments or the Puteri Harbour marina facing apartments to be launched in July? 1 is 99 years, the other freehold, though.

aangsc
27-05-2011, 08:10 AM
alamak.... another news of gun shot case in JB in the news... :-(

why this kind of news always make headlines in local papers one???

yeah, on sg tabloid sensationalism. I thought the news on new President candidate is more relevant as front page.

cathylmg
27-05-2011, 08:20 AM
Agree with this, integration is on the way. :)

Which reminds me of what our Old PM once said, that Singapore my rejoin Malaysia one day. :)

abugumgum
27-05-2011, 08:35 AM
He said to be pay playing computer game everyday and he will truely be happy. I am dumbfounded. I have yet to find any such job for youngster today. Professional gamers , does it pay enough to pay bills ?

Game tester's job, but does not pay bills. But it can be a start into the Game Industry.

ginfreely
27-05-2011, 10:05 AM
You can call me damn rude for all i care.

But you are definitely not poor.

If you were... you would be living in a one room flat and taking up assistance from the Spore Govt. You would not be buying a property here.

Remember the welfare measures are really suited for the poor in Spore. However they may not suit the sandwiched class.

So chill off and remember you are not poor.

Dun try and act as one.

There is no free lunch nor free sympathy.

Tell Pleb that as well.

First you called people LOSERS and now you accuse me of asking for welfare and free lunch! You are like PAP who kept calling citizen names and brushed off our concerns as asking for welfare. Such government deserved to be thrown out by the people. Even PAP realised this and apologised to appease the citizens. It is high time you get off your high horse and stop acting high and mighty towards others who are moving for reasons other than your own.

ginfreely
27-05-2011, 10:15 AM
Not true that condo does not need to be diligent with painting every 5 years. All buildings are required by law to paint every 5 years. Can stretch another year or so if the condition is still good.

Oic, thanks for clarifying that...didn't know got such law, no wonder mine repainted in 6th or 7th year, thought HDBs are more diligent :p

ginfreely
27-05-2011, 10:22 AM
My in-laws don't. And still aren't now.

Hmm if they have no money then can't help it, if they have money also nothing wrong becos it is their money and they can do as they please....but if they have money and children are struggling then very easy to create tension and resentment lor...

ginfreely
27-05-2011, 10:48 AM
All of our PMET jobs can be done cheaper, better and faster by foreigners so what happens then, everyone becomes entrepreuneurs or civil service??

Well said...there must be level playing field (don't even talk about preference for citizens like in other countries, although there should be preference), citizens who are not able to be cheaper, faster and better than FT should not be simply ignored and leave them to be unemployed or work in menial jobs. Everyone knows that entrepreneurs can enjoy big success (and of course failure) but not everyone is cut out to be entrepreneurs or for that matter, not all want to be entrepreneurs!

ginfreely
27-05-2011, 10:59 AM
I deal with many computer related people. More than 10 years back, I see repairmen from Singapore for computer and printer repair, now I hardly see them except for high end hardware. I usually see PRC and Indian . Now even cablemen are not the usual Singaporean/M'sia, I see Pinoy foremen, PRC and Indian. This is why I have lesser faith for fellow countrymen going into this trade.

I remember there was a time when govt were asking retrench people over 35+ to go for computer repairs course and many did not get a job in those line eventually. Are they not good enough or are there more young men that can do it better at lower price ?

If parents are wealthy, they can afford to let kids try out career that fit them nicely but for those who are not, job security would be 1st priority. Unfortunately, I belong to second category ! When I asked my son what he would like to be ? He said to be pay playing computer game everyday and he will truely be happy. I am dumbfounded. I have yet to find any such job for youngster today. Professional gamers , does it pay enough to pay bills ?

Yeah last week my maintenance office hired a contractor to check the TV signal and three Filipinos turned up. Don't know why need three persons to check a cable though...

ginfreely
27-05-2011, 11:06 AM
Then you are lucky to meet the good ones. I know of many who leave nothing but debts to their kids. The best inheritance one can leave to ones scion are not houses, not stocks no gold but good and sound education.

Hmm leave debts to their kids..you mean loan shark debts? thought legal debts will be written off if not enough to deduct from inheritance left behind...

cathylmg
27-05-2011, 11:11 AM
Hmm leave debts to their kids..you mean loan shark debts? thought legal debts will be written off if not enough to deduct from inheritance left behind...

Gigantic medical bills to name one.... :(

ginfreely
27-05-2011, 11:24 AM
There is actually a growing community of experts here who are big time investors, got introduced to some guys recently
so hoping to learn more from the experts.

Hi wuqi or anyone can advise what is the estate duty like in JB? Like how much they'll deduct when one passes away in JB and the house is given to someone as inheritance... Do they recognise a will made in Singapore?

ginfreely
27-05-2011, 11:26 AM
Gigantic medical bills to name one.... :(

haha yeah forgot about this...one bill can wipe out all savings...

cathylmg
27-05-2011, 11:30 AM
haha yeah forgot about this...one bill can wipe out all savings...

This is my personal experience. :(

ginfreely
27-05-2011, 11:35 AM
Aiyo i just told my wife yday that she could take everything.

Cause she also cant take it and go anywhere what? Right? Being the mum surely she would leave it for her kids!:D:D

Wow your wife must have felt very happy...oh I'm neutral on this, some people might have misgivings of spouse remarrying (especially widower) and the kids are disadvantaged, especially when there are kids from the new marriage, anyway this is what i hear from people i come across and not meant to be representive hor...

LeMans2011
27-05-2011, 11:54 AM
Regarding the high maintenance charge at Leisure Farm, this is what they explained to me:

Strata-titled - expect to be expensive due to the need to maintain common properties.. for the case of Bayou Water Village i presume that would include maintaining that man-made canal
Individual titled - cheap, about RM200 plus for Bayou Creek