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Puteri Harbour Community
- Thread starter Qube3
- Start date
Most of good facing units have been sold during the first launch by Hutton at lower RMpsf. Same as Encorp when HSR first launched it follow by Hutton. It is really interesting with Malaysian project.
was there to kaypo on a quickie trip in pump petrol. there was a small crowd at sales office (at least 20++ customers). saw one guy sitting next to me writing cheques. saw their 'sales chart'. tower 1 mostly orange. tower 2 got a lot of "reserved" units.
Maybe first time property buyers. I often had Sporean buyers ( young chaps in their 20s ) bragging about their property in Malaysia. Oh cmon, the properties are cheap. The downpayments are insignificant and sometimes RM 5000 ( S$2000 ) and the rest upon TOP.
I never like to tell my relatives or friends about the properties I own in Malaysia ( cos to them its cheapo )
I never like to tell my relatives or friends about the properties I own in Malaysia ( cos to them its cheapo )
Ya. Dun bother about others perceptionso, we are not supposed to be judged by others.
Most important thing is we are financially prudent in our cashflows.
Ego is one of the 2 major weaknesses.. next is temper.
True investors usually invest long before others. After that they just sit and observe. Sometimes they throw little stones and see wat's the reactions.
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Sadly, gone are the days where we can flip and earn a couple of million ringgits when our houses TOP. I am thinking of holding for 10-20 years until at least 60% of Gerbang Nusajaya develop, before deciding if I should sell or not. Meanwhile for the next decade it is sure gota be a very interesting weekend home for us.
True investors usually invest long before others. After that they just sit and observe. Sometimes they throw little stones and see wat's the reactions.
Could not have said it better. Hopefully no Foreign Trash that is seen at Clarke and Boat Quay.......
Actually, as much as we refer to the foreigners in SG as FTs, the Msians in Iskandar do refer to us as FTs as well.
It's more a matter of respecting the host nation that one live in and to inculcate mutual respect and behaviour that will encourage smooth assimilation into the environment.
The investments from SG are doing the same to Iskandar what the global money had done to SG property market.
Just in relatively different scale, but effects are similarly felt by respective locals nonetheless.
BTW, I am SG from SG.
Once I was having late lunch at tea Garden all alone one weekday noon when the Malaysians at the other table next to me kept complaining about how the stupid and idiotic Singaporeans kept buying up properties and jacking up the prices. They want the govt to ban Singaporeans from entering JB altogether and that Singaporeans are the most troublesome creatures on earth.
I cabut after globbling up my rice and luckily I parked my S-plate car a distance away.
I cabut after globbling up my rice and luckily I parked my S-plate car a distance away.
Many a times, flippers became floppers. Even high end places in KL like Mont Kiara or KLCC is no different. MK28 was sold at RM750 psf then. Today it is as low as RM690 psf and only 30% occupancy. MK11 is also in a tough situation. KLCC too is the same, just too many units on the market. High price and high valuation yes, but just no takers. In the end, rentals not enough to meet mortgage repayments. But for some exceptionals, they do not need rentals. They just accumulate properties for capital appreciation.
Actually is not that cheapo... I purchased a unit at Encorp Marina.. there were several hidden cost which I was not aware and the bank interest is high...
Legal fee cost somewhere around 10,000 RM
1st deposit is 12,500 RM
Developer legal fee (S&P etc) for 2,500 RM
Bank (opening account) 600 RM
Bank only give me 70% loan..
It's not that cheap (and cheapo) after all....
so, say, do you think a condo like MK11 is a decent value buy now since the valuations have dropped below developer price? do you think it represent decent value now? I just love the area around jln kiara 1.
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Exclusive from NST
fresh from oven!
http://www.nst.com.my/nation/general/exclusive-causeway-not-being-replaced-1.567356
fresh from oven!
http://www.nst.com.my/nation/general/exclusive-causeway-not-being-replaced-1.567356
Lord, forgive them for they do not know what they are saying ! Without Singapore's infusion of wealth into Johor, they will still be at back waters. This is what i say "Naive"
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If it is for own stay, it is ok. MK28 is only 3 years old and nice design. The only thing is the location of the entrance which is at the foothill of the entrance road from Solaris. The best part is the private lift lobby which you can use it as if it is your own during some functions.
Unfortunately my priorities is somewhere else, otherwise MK would be part of my list.
thanks for your insight! i'm a bit rusty with kl scene now..
There are no floppers for those early birds Iskandar buyers obviously. Not that I know of.
But I cant say the same from 2014 onwards.
But I cant say the same from 2014 onwards.
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