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New developments to share

DCputeri

Alfrescian
Loyal
We may be following the footstep of rich Indonesian who buy properties in Singapore and not renting out. You will hear more singaporens saying they have more properties around the world in the near future besides those in Singapore.
I think the comparison with HDB prices is only valid if you think that the bulk of buyers are HDB owners wanting to shift over. Not proven but I am sure you have hard of such moves, a more realistic assumption is the latter part of your opinion that the price can be better supported if the locals are willing to pay and can afford it. I spoke to a few locals and most did not think much of Senibong Cove while on the side, Singaporeans think it was great to have something like Sentosa Cove at such prices.

Unless the properties can generate returns, the prices cannot be supported.
 

DCputeri

Alfrescian
Loyal
The younger generation will be changing their flavour and going for condos rather than landed because of certain theme lifestyle. Just compare the older condo in malaysia and the recent new launches.
Take Penang for example.

Locals mostly stay in landed while foreigners stay in condos. The super rich stay in super condos along Gurney Drive.

If that is the case the gameplay in Iskandar is to identify the possible locatioin of the "Gurney Drive" of Iskandar.

This place should be filled with condos with a price tag of at least RM2m and above. And the only one came to my mind is Lido Blvd.

A season investor told me not to consider landed in JB at all. He tell me to just hit on condos with either good location or condo that elites will stay.
 

Chocolate

Alfrescian
Loyal
The younger generation will be changing their flavour and going for condos rather than landed because of certain theme lifestyle. Just compare the older condo in malaysia and the recent new launches.

You can add older folks to that group. Retirees prefer something compact, easier to manage. Also Singaporeans are used to condo lifestyle and like the facilities as well as security. So I will not be surprised if like you say condos in certain locations take off in a big way.As for rental, yes some of su would prefer to leave it vacant or own use and just reap capital gains. The qauntum is low so its not much of an issue unless you're cash strapped. On the pother hand the early investors in condos like Ujana @ East Ledang , Fairway Suites in HH and Sky Executive suites in BI are getting very handsome yields. The yield may come down a bit though when they have competition.However I see more Singaporeans moving there in years to come so supply may be absorbed.
 

DCputeri

Alfrescian
Loyal
It will happen with PM lee, Shamugum, senior minister of state behind the sme migration to iskandar.
You can add older folks to that group. Retirees prefer something compact, easier to manage. Also Singaporeans are used to condo lifestyle and like the facilities as well as security. So I will not be surprised if like you say condos in certain locations take off in a big way.As for rental, yes some of su would prefer to leave it vacant or own use and just reap capital gains. The qauntum is low so its not much of an issue unless you're cash strapped. On the pother hand the early investors in condos like Ujana @ East Ledang , Fairway Suites in HH and Sky Executive suites in BI are getting very handsome yields. The yield may come down a bit though when they have competition.However I see more Singaporeans moving there in years to come so supply may be absorbed.
 

Lord Aragorn

Alfrescian
Loyal
I'm trying to get a good handle on all the developments surrounding a location.

Is there a similar website for JB that is similar to this SRX Singapore Property website?

I thought its pretty good to be able to pinpoint a location and see all the new developments surrounding it with key statistics like price range, facilities, etc.
 

cybermad

Alfrescian
Loyal
Take Penang for example.

Locals mostly stay in landed while foreigners stay in condos. The super rich stay in super condos along Gurney Drive.

If that is the case the gameplay in Iskandar is to identify the possible location of the "Gurney Drive" of Iskandar.

This place should be filled with condos with a price tag of at least RM2m and above. And the only one came to my mind is Lido Blvd.

A season investor told me not to consider landed in JB at all. He tell me to just hit on condos with either good location or condo that elites will stay.

another possible Gurney Drive is Puteri Harbor . Many marina facing condos already more than 1.5m . With BRDB and Robert Kuok coming in , the condos can only be higher and higher end.
 
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shctaw

Alfrescian (Inf)
Asset
Gurney drive is near George Town with rich history.

I really doubt it will be Puteri H. But I guess at least 4000 owners of condo in Puteri H wish it is.

I am down to earth guy. I do not believe in fairy tales or Santa Claus.

Unless Robert Kuok is 1000 year old. Then I will believe what he does is correct.

another possible Gurney Drive is Puteri Harbor . Many marina facing condos already more than 1.5m . With BRDB and Robert Kuok coming in , the condos can only be higher and higher end.
 
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wuqi256

Moderator - JB Section
Loyal
Dear all,

Due to some pretty interesting turn of events, i now have access to certain developers and their projects. I am able to get some deals and packages not accessible to the open market. Includes landed and high rise properties.

Only for old timers on the forum though and for those looking for own purchase/use.
 

gooddebt

Alfrescian
Loyal
Dear all,

Due to some pretty interesting turn of events, i now have access to certain developers and their projects. I am able to get some deals and packages not accessible to the open market. Includes landed and high rise properties.

Only for old timers on the forum though and for those looking for own purchase/use.

hi WuQi,

Can I know about your deals and packages ? :smile: Thanks.
 

arsenal

Alfrescian
Loyal
Hi Wuqi,
Can keep me in the loop for these properties that you mentioned?
I still have some bullets


Dear all,

Due to some pretty interesting turn of events, i now have access to certain developers and their projects. I am able to get some deals and packages not accessible to the open market. Includes landed and high rise properties.

Only for old timers on the forum though and for those looking for own purchase/use.
 

wolverine23

Alfrescian
Loyal
Hi Bro Wuqi....

Can share your good deals? :smile:

Thanks!

Dear all,

Due to some pretty interesting turn of events, i now have access to certain developers and their projects. I am able to get some deals and packages not accessible to the open market. Includes landed and high rise properties.

Only for old timers on the forum though and for those looking for own purchase/use.
 

potter

Alfrescian
Loyal
Hi Wuqi,
Can keep me in the loop for these properties that you mentioned?
I still have some bullets

Definitely is not 5.56 titter.gif
 

shctaw

Alfrescian (Inf)
Asset
Hi

Please PM me deal on landed.

I try to PM u but your in box is full

Dear all,

Due to some pretty interesting turn of events, i now have access to certain developers and their projects. I am able to get some deals and packages not accessible to the open market. Includes landed and high rise properties.

Only for old timers on the forum though and for those looking for own purchase/use.
 

potter

Alfrescian
Loyal
Dear all,

Due to some pretty interesting turn of events, i now have access to certain developers and their projects. I am able to get some deals and packages not accessible to the open market. Includes landed and high rise properties.

Only for old timers on the forum though and for those looking for own purchase/use.


Damn..ah tiong must be older than me. no chance liao..titter.gif
 
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