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I think buyers in this forum have lost interest. So different from the enthusiasm back in 2013. It's not normal the developer doesn't reply to emails. From my past communication with them, they were quick to reply. Progress is definitely delayed by a lot. Something is not right. Maybe the...

Not sure if any owners of I.R. still read this forum. Anyway, just an update. I've got news from another buyer that construction of I.R. has slowed down a lot. He went down there recently and found not many workers working on the project. Those who can might want to call or visit the developer...

Re: A Case of Switching Wealth, 財 Yes that's what I feel too. But going regional, one has to be brave and really study the businesses and markets. They carry a lot more risks. Nothing like investing in one's own home/backyard. Right now, from my observation, those who invest in Singapore are...

Re: A Case of Switching Wealth, 財 I've really enjoyed reading your posts, ikani. They are full of insight and sometimes, inspiration! But the points raised are generally non-specific. I wonder if you mind sharing exactly how you made your pots of gold. It could be personal. You don't have to...

Hi, Are you going to stay there or intend to rent out your unit? Have you heard how the rental market is around the area now? Thank you!

My words so complicated meh....? Isn't it obvious there will be more mainland Chinese in Johor in years to come? Look at which is the majority of buyers for Country Garden Danga Bay and Forest City. And for other residential areas, I think you can expect even Japanese and Koreans coming...

It has already happened in Singapore. They are everywhere. But be careful to assume they are from mainland China. Many are likely Singaporeans already. These days, I don't just notice all these Chinese people. Many more from Thailand, Myanmar, Philippines (of course), etc. All speaking in their...

Wow... even the Saudis are pulling out? No worries... the Chinese are coming in strong to Johor. Too many people in China and too much money.

Seriously, are the rich China people really going to come to Johor to do their eating and shopping? I think it is possible. But I just wonder if the numbers will tally with the numerous shopping malls and private apartments being built now.

Thanks for sharing. It's a very good read. For too long, this other point has not been seriously considered by many. I think the "old bird" veteran should know what he is talking, after being in the industry for more than 40 years! The China developer thinks it can build fist, then buyers will...

Yes, indeed. I think banks themselves are starting to get fearful. Like buyers, they too were greedy to readily approve loans back in 2012/13.

1 Medini was completed more than a year ago or is it coming to 2 years but it's still so deserted. Looks like just finished construction. On the left is Medini Signature. Seriously, wonder if this whole place will become a ghost town when everything is completed. *gulps* :(

Re: Store of Value Haha... Hey thanks for the reply. I really enjoy reading your posts! :) You're honest, hilarious and not afraid to share. I like that! Yes, "condo" seems like a dirty word. My Malaysian friends, especially those from Johor, also look suspiciously at me when I asked them...

Re: Currency vs Property Prices By RM500k and below, are you referring to landed properties in Johor? Many 1 to 2 bedroom condos in the newer areas of Iskandar are already going for more than that! I think locals will avoid those. Haha... I like how you mentioned CPF as a "con-job". But...

Re: Currency vs Property Prices Actually, engineers are brilliant people. Of course as with all professions, there is a wide spectrum of skill competency. But those engineers who do well are actually smart. I rank them as high as medical doctors, if not higher. The problem is, our society has...

Re: A Developer’s Curse (con't) Hi ikani, Thanks for your very informative and frank discussion. It's probably the best post in this forum! I'm very surprised to read that after 10 years, your KL condo was losing money. Or that your friend after 3 years still cannot find tenants. I'm not...

Re: A Developer’s Curse (con't) Thanks for sharing your honest views here on living in Johor. With respect to your views as quoted above, what is your opinion of buying high-rise condo units in Johor, around Bukit Indah and Medini areas? Have a great day!

For those who don't believe in Iskandar, this news might change your mind! Endorsed by Lee Hsien Loong himself! Singapore will also prosper if Iskandar Malaysia region succeeds: PM Lee Wednesday, Dec 14, 2016 Singapore will prosper if the neighbouring Iskandar Malaysia region in the state of...

Probably this big news will get more people interested in Iskandar/KL properties. Huat liao! 2017/18 might see more people flocking back to buy Malaysian properties.

Sorry to hear that. Some have warned me in the past about how bad Johor condos can become. I didn't believe them. I've heard a few such stories. But I doubt IRDA will care. But anyway, good that someone is trying to talk to them. I think IRDA is only involved in planning Iskandar. These...