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Twin Galaxy community
- Thread starter allanckk
- Start date
Re: Twin Galaxy - end Nov 2014
Always better to buy Brand-Name like Setia; in Singapore, CDL, Capitaland. This will lower the chances of buying into a "Time Bomb" building. I have seen some Condo's, not even Malaysia, but indeed Singapore ones, every pipe burst after 10 years. It seems, the small-time Developer is not experienced enough to pick the right supplier of pipes; end up with all defective pipes for the whole darn Condo.
It's not like buying a Lemon Car. A car, you can just walk away. A bad house, it literally hits you "where you live."
Always better to buy Brand-Name like Setia; in Singapore, CDL, Capitaland. This will lower the chances of buying into a "Time Bomb" building. I have seen some Condo's, not even Malaysia, but indeed Singapore ones, every pipe burst after 10 years. It seems, the small-time Developer is not experienced enough to pick the right supplier of pipes; end up with all defective pipes for the whole darn Condo.
It's not like buying a Lemon Car. A car, you can just walk away. A bad house, it literally hits you "where you live."
Re: Twin Galaxy - end Nov 2014
That is why I suggest selling Malaysia condos upon TOP. (don't even bother to rent out.)
TG look ready by late 2015/early 2016.
CDL may be branded; but the condos I bought from them is falling apart. The project is call "The Sail @ Marina Bay".
Anyway I sold all my units in 2012; hence now the problem is no longer mine.
http://www.cdl.com.sg/thesail/
That is why I suggest selling Malaysia condos upon TOP. (don't even bother to rent out.)
TG look ready by late 2015/early 2016.
CDL may be branded; but the condos I bought from them is falling apart. The project is call "The Sail @ Marina Bay".
Anyway I sold all my units in 2012; hence now the problem is no longer mine.
http://www.cdl.com.sg/thesail/
Re: Twin Galaxy - end Nov 2014
Can u share what bad recotd does the boss has? Tks
TG was ard 340psf or 340K..:p
The tao kae had a bad record. High risk back in those days, i would say e safety net was bcoz of the property boom in jb.
Can u share what bad recotd does the boss has? Tks
Last time the studio only RM363000 onwards. I just checked. Damn, really high risk high return.
I was quoted 650+ for studio almost double
Now around RM814 psf for bigger size room.
Location wise it's quite good for this project.
http://www.propertyguru.com.my/condo/twin-galaxy-residences-2996
RM700k+ for a studio is way off in JB... comparing to the condos in the area..
Hotel Selesa / AmBank building was sold this year (trying to find out who are the real buyers), Setia 88, Twin Galaxy, Pinnacle Tower, Hotel New York, City Plaza etc changing the landscape of one of the so called highly criminalised area (for now).
Perhaps we can learn from "secret" way of how Singapore Government of transforming Geylang, the "red light" district.
If I had bought at $300+ psf a few years ago (disregarding the "red light" taboo but enjoying steady rental income all this while), i would be a very rich man by now.
Look at all new developments in Geylang. There will be more homeowners and even sleazy tenants residing in the same area.
As the real homeowners start to act to protect their home/investments, the area will turn less "red" as time passes.
For me, I would play the safe bet ie. buying into established area where even locals patronise. But that's me.
For others who placed their bets in other parts of Iskandar/Johor, some may called that crazy albeit the prices may be lower now. But these investors may be laughing all the way to the Bank or crying a few years later.
There will be risks in all investments.
Perhaps we can learn from "secret" way of how Singapore Government of transforming Geylang, the "red light" district.
If I had bought at $300+ psf a few years ago (disregarding the "red light" taboo but enjoying steady rental income all this while), i would be a very rich man by now.
Look at all new developments in Geylang. There will be more homeowners and even sleazy tenants residing in the same area.
As the real homeowners start to act to protect their home/investments, the area will turn less "red" as time passes.
For me, I would play the safe bet ie. buying into established area where even locals patronise. But that's me.
For others who placed their bets in other parts of Iskandar/Johor, some may called that crazy albeit the prices may be lower now. But these investors may be laughing all the way to the Bank or crying a few years later.
There will be risks in all investments.
If you talk to sales people in the various developments, indeed buyers are not so on as in the past booming years. However, new launches are still getting buyers even when prices are sky high and in tandem with resale prices. And many of these buyers are rich locals who finally realize they had to put their money into Iskandar properties.
The singaporeans are not the real buyers now as many Sporeans have become so much poorer in Singapore due to poor economy here
The singaporeans are not the real buyers now as many Sporeans have become so much poorer in Singapore due to poor economy here
One rich investor once said told me that when currency "depreciates", whether due to high inflation or other factors, you will want to "convert" it to something "real" to hedge. "Real" property is often considered. The consideration may not be focused on short term rental yield, but capital "gain". Over the long term after you sell it off, while you may have gotten more than you put it, the real ROI may not be as high as one thinks, but you may not be totally disappointed as the original objective was hedging.
When the currency weakens, just as what the Russians are doing with their roubles, or just as what we did with the banana monies that the Japanese Imperial Army paid us, we quickly convert the paper monies to REAL goods and services.
Of course, the companies such as Renaults, Apples etc are also not stupid. They politely tell that their sales website is "temporarily down" for upgrading to serve you better or the booking for certain car models has stopped due to production issues.
Hedging your position, you must.
Of course, the companies such as Renaults, Apples etc are also not stupid. They politely tell that their sales website is "temporarily down" for upgrading to serve you better or the booking for certain car models has stopped due to production issues.
Hedging your position, you must.
Any chance VP by this year?
Was quite worried about the workmanship.. Since this is a new developer..
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