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Chitchat Good News! Sinkies Cheoing for Matland Properties, Buy Landed in Johor with HDB Prices!

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Not easy to find buyer as too many new development in the market. Unless location is A+.
Depends on what you buy. Condos or apartments not easy to make money even in good location. If they have a lock out suite, then maybe. It's more for cash flow then anything.

Let's say there is a 2 storey bungalow on freehold land located near the CIQ in JB. And let's say you reno it and make 10-12 bedrooms in it, with one basic kitchen. No living room, no TV room, etc. And you rent out these rooms to singles persons and couples working in Singapore. You get excellent cash flow, and landed property has far greater chance or appreciation then condos. That's how you do it.
 

congo9

Alfrescian
Loyal
If you regularly crosses the causeways, depend on the mood.
They will stop you from going in and out .

They have a valid reason for it. Singkie is on tourists visa. Why are Singkies going in and out everyday.
By right they have a suspicion that you are staying here permanently.
This isn't allowed. It's against the rule .

Unless you have a PR or a MM2H... They can stop you anytime.
 

searcher1

Alfrescian
Loyal
If you regularly crosses the causeways, depend on the mood.
They will stop you from going in and out .

They have a valid reason for it. Singkie is on tourists visa. Why are Singkies going in and out everyday.
By right they have a suspicion that you are staying here permanently.
This isn't allowed. It's against the rule .

Unless you have a PR or a MM2H... They can stop you anytime.

Malaysia Custom will never stop SG passport enter JB, even if you do it daily.
They wont stop "Cai-Shen-Ye" entering their Land, we dont go there to work, snatch their job from Local.
 

Hypocrite-The

Alfrescian
Loyal
Depends on what you buy. Condos or apartments not easy to make money even in good location. If they have a lock out suite, then maybe. It's more for cash flow then anything.

Let's say there is a 2 storey bungalow on freehold land located near the CIQ in JB. And let's say you reno it and make 10-12 bedrooms in it, with one basic kitchen. No living room, no TV room, etc. And you rent out these rooms to singles persons and couples working in Singapore. You get excellent cash flow, and landed property has far greater chance or appreciation then condos. That's how you do it.
what about getting a landed property in a gated community? will it be saferer and betterer and maybe even profitable?
 

eatshitndie

Alfrescian (Inf)
Asset
If want to stay in JB,,,stay in condo etc,,,just rent,,,rent cheaper than buying,,,so buy for what???
yalor, no point shelling out myr2m as a foreigner for a home in ml. just rent. cheap cheap. can rent in penang for usd$300 a month and kl for usd$500. may be way cheaper for a 2 bed 2 bath condo rent in jb.
 

Hypocrite-The

Alfrescian
Loyal
yalor, no point shelling out myr2m as a foreigner for a home in ml. just rent. cheap cheap. can rent in penang for usd$300 a month and kl for usd$500. may be way cheaper for a 2 bed 2 bath condo rent in jb.
Look at the rants from those that want or bought property in JB...n mudland n u know u are dealing with street smart deficient ppl
 

k1976

Alfrescian
Loyal

Are foreigners buying Malaysian property again after the pandemic?​

The focus of foreigners like Singaporeans have changed throughout the years when it comes to buying property.​


Yahoo Malaysia
Mon, 10 April 2023 at 7:12 am GMT+1·6-min read


A top down view of multiple houses/property with red roofs in Malaysia.

Is property in Malaysia a hot commodity again after reopening of the borders post-pandemic? (Photo: Getty Images)
By Vincent Tan
Sean Thong, a 13-year veteran of Malaysia's property industry, had just gotten off the phone with a long-time client.
She had contacted Thong regarding her daughter and American son-in-law, who had expressed interest in buying office space in Malaysia.
"One of her son-in-law's clients, a unicorn company, plans to leave China and relocate to Malaysia," Thong recounted.
As Malaysia reopens its economy following the COVID-19 pandemic, foreign funds have been slowly returning in search of profitable investments, with one sector being property.
However, even as things start back up and client's like Thong's look for opportunities for themselves and their families, Malaysia's successive governments have moved to tighten the market and restrict what sort of properties are open to foreign purchase.
This, despite the fact the country still faces a property overhang, with affordable housing, particularly in the cities, looking increasingly out of reach of regular Malaysians.

Malaysia's property market before the COVID-19 pandemic

Chaly Koh, founder and CEO of Urbanmetry, a property and urban planning data analytics outfit, explains that the Malaysian real estate sector took a serious blow when the pandemic hit in 2020.
"But thanks to various programmes such as the Home Ownership Campaign (HOC), the market rebounded in 2021 and saw an uptick in property sold in most active areas," Koh said.
What can't be denied, however, is that the market was already not too great before COVID-19.
"In terms of foreign investments, property purchases by foreign nationals began to slow in 2017 when China imposed strict capital controls on foreign purchases, which affected a significant portion of purchases in Johor and Kuala Lumpur," Koh said.
And more importantly, she added, Urbanmetry, which deals with property data, has not witnessed a significant return of purchases from Chinese or other foreign investors post-pandemic.

Anticipating growth

According to statistics provided by the National Property Information Centre (NAPIC), a sub-organisation of Malaysia's Finance Ministry, a gradual revival of Malaysia's property sector appears to be on the cards.
This is evidenced by the 389,107 transactions worth RM179.07 billion recorded for 2022; a volume increase of 29.5 per cent and a value increase of 23.6 per cent compared with the previous year.
Of these transactions, the majority (62.5 per cent) were for residential properties, which contributed RM94.28 billion; marking increases of 22.3 per cent and 22.6 per cent in volume and value, respectively, from 2021.
Yet bearing in mind the relatively lower economic growth projected for 2023, the likelihood is that performance will be more moderate this year.
Even so, government initiatives under the country's five-year 12th Malaysia Plan and the revised 2023 Budget are expected to bolster the industry.

Returning funds

In mid-2022, international real estate firm Juwai IQI surveyed nearly 350 real estate agents across Malaysia on expectations for the coming 12 months.
The view of two-thirds of these was that offshore purchases of Malaysian real estate would return to pre-COVID-19 levels by the end of 2023.
However, while the reopening of borders and resumption of travel might mean a return to Malaysia for foreign buyers, it's important to note that different foreign nationals have always displayed different tastes. And that may have changed somewhat in the years that they have been away.
Real estate agent Thong noted, for example, that Singaporeans — who make up a significant portion of foreign purchasers — have generally preferred to own property in areas such as the Kuala Lumpur city centre.
"Consider what a Singaporean could purchase with S$700,000 to S$800,000 (RM2.3 million to RM2.6 million) in an exclusive area such as Orchard Road and the surrounding roads, versus what that money can buy around the Pavilion area in Kuala Lumpur," he said.
Urbanmetry's Koh agrees somewhat, pointing to how the focus of Singaporean property buyers has changed from the period between 2013 and 2018, when purchasers looked to Johor, specifically the Iskandar region.
A picture of Johor and Singapore connected by the Causeway bridge.

Sometimes Singaporeans can get a landed property in Malaysia for the same amount spent on something like a HDB flat. (Photo: Getty Images)
"Coupled with the proximity of the Second Link Bridge, conveniences and merits of a 'suburb in Malaysia lifestyle' as well as the then-planned High-Speed Rail, Singaporeans saw Johor as an option, especially in the landed property segment," she says, adding that there was also interest in tourism hotspots, such as Melaka and Penang.
"(But) post-pandemic and post-political turmoil in Malaysia, Singaporeans took a hit in some of these investments and interest has since dried and is yet to rebound in Johor and the tourism cities," she says.
How many are ex-jiuhu?
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
If want to stay in JB,,,stay in condo etc,,,just rent,,,rent cheaper than buying,,,so buy for what???
Because when you buy, you are not subject to landlord kicking you out for a higher paying new tenant. And u are not subject to moving around to different units every few years because landlord up your rent, and you can renovate your apart the way you want without getting permission from the landlord, etc. There is no landlord inspection of your unit, etc. Many advantages to buying and not renting. Which part of this are u confused with?

And actually when you buy, your monthly payments go towards your house loan. So in the end, your mortgage gets paid down and you have more and more equity in your condo. If you rent, all your payments go to a landlord's pocket. Go do the maths
 

Hypocrite-The

Alfrescian
Loyal
Because when you buy, you are not subject to landlord kicking you out for a higher paying new tenant. And u are not subject to moving around to different units every few years because landlord up your rent, and you can renovate your apart the way you want without getting permission from the landlord, etc. There is no landlord inspection of your unit, etc. Many advantages to buying and not renting. Which part of this are u confused with?

And actually when you buy, your monthly payments go towards your house loan. So in the end, your mortgage gets paid down and you have more and more equity in your condo. If you rent, all your payments go to a landlord's pocket. Go do the maths
It's all in the market.. is it a tenant market or land lord market? If it's the former..the land lord will treat u well. N the way mudland build new condos..will it ever be a land lord market?

In addition, if u buy a place n it becomes a slum..than u think can sell? U will be stuck there....crime in mudland etc is not like Singkieland....n got moolah can move anywhere....no need to get tied down. If got HDB. Rent it out b rent in mudland or batam n no need to work at all ..live on rental income... Why not?
 
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