Living in JB 3 (Johore)

[ginfreely]

One case showing local Malaysian couple buying multiple properties in JB/Msia:

Husband aged 45, wife 37, with monthly salaries of Rm8k and 3.5k and 4 children.

Bought 8 properties all together
- 2 new ones being built (one yet to get loan, the other not yet start instalment)
- 5 completed ones being rented out (1 factory, 1 condo, 3 shop houses)
- 1 own stay property (double storey corner terrace).

Two properties fully paid up (own stay property and condo), the rest on mortgage but all properties have appreciated vs purchase price.
- condo bought 120k now 350k
- factory bought 400k now 800k
- Shophouse bought 650k now 1m, another one bought 290k now 300k
- double storey corner terrace now worth 800k

The couple have cash Rm300k and SGD70k, two cars (on instalment).

http://property.sinchew.com.my/node/2216?tid=7

 

[cow138]

Wow. But to be fair their entry prices are all pretty low compare to the current property price now. They are fully leveraging to their max.

 

[potter]

http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=76856:&Itemid=113
外国人柔州买卖房屋或须「请准」

 

[Stevewish]

One case showing local Malaysian couple buying multiple properties in JB/Msia:

Husband aged 45, wife 37, with monthly salaries of Rm8k and 3.5k and 4 children.

Bought 8 properties all together
- 2 new ones being built (one yet to get loan, the other not yet start instalment)
- 5 completed ones being rented out (1 factory, 1 condo, 3 shop houses)
- 1 own stay property (double storey corner terrace).

Two properties fully paid up (own stay property and condo), the rest on mortgage but all properties have appreciated vs purchase price.
- condo bought 120k now 350k
- factory bought 400k now 800k
- Shophouse bought 650k now 1m, another one bought 290k now 300k
- double storey corner terrace now worth 800k

The couple have cash Rm300k and SGD70k, two cars (on instalment).

http://property.sinchew.com.my/node/2216?tid=7

The salaries, two cars, cash, and 4 children, yet can afford 8 properties, really have to salute.

 

[Frodo]

The salaries, two cars, cash, and 4 children, yet can afford 8 properties, really have to salute.

That's why it's "Malaysia Boleh"!

But in Singapore.....cannot smell it.

 

[Chocolate]

That's why it's "Malaysia Boleh"!

But in Singapore.....cannot smell it.

Its about timing. In SG also this was possible in the years before 2007 or in 2008 to 2009. I bought a condo in end 2006 in Kentish Green for 388K that is now worth over 1M. At that time only need to put down 20% and rental was already 1.8K to 2k , while my loan installment was only 1.3K even at higher interest rate then.It was easy to get finanicng then too. but that time has passed now. Even in Iskandar its not cheap anymore.

 

[matix]

http://www.starproperty.my/index.php/articles/property-news/johor-unlikely-to-hike-property-ceiling-price-from-rm500k-to-rm1m/#.UkrESa7pUBQ.blogger

Interesting quote.... "foreigners will no longer be able to buy properties from Malaysian in the secondary market". Doesn't this mean cutting out Malaysians from investing in high ends since foreigners have to buy above RM500K?

 

[geritan]

Nope, the copy is just for internal use in My when driving log distances. Definitely not for cross border use

Any MACS holder kena this before : MY immigration officer underline the wordS social visit and write NOT FOR STAY IN MALAYSIA ON MACS page.

 

[Frodo]

I received a quite of S$900 for pua chu to JB. OK mah?

I have about 50 boxes of stuff, one massage chair, one sofabed, one 47"LCD, one 17kg washing machine, one Clavinova

Since I am renting HDB out, I only move a few things.

 

[FHBH12]

Almost 11pm, but there r still a lot of cars entering JB at 1st n 2nd links.

 

[Frodo]

Anyone commuting daily between singapore and johor by bike? What's your experience like?

 

[aliensmotor]

Get sunburn, hot, dusty, smoky, oily, wet or strike by thunder (if rain)

Anyone commuting daily between singapore and johor by bike? What's your experience like?

 

[Frodo]

Get sunburn, hot, dusty, smoky, oily, wet or strike by thunder (if rain)

Seriously? I am referring to about 20 min distance from JB home to CIQ.

 

[malpaso]

Anyone commuting daily between singapore and johor by bike? What's your experience like?

you have to experience it yourself. being one of thousands at the checkpoint. the exhasut fumes are increadiable. ifyours is a big cc bike you prbably still get stuck a bit, but better than car. as for the riding condition, pretty much almost the same as in sgp, except roads / air are dirtier. make sure you fully kitted up with full face helmet.

 

[Frodo]

you have to experience it yourself. being one of thousands at the checkpoint. the exhasut fumes are increadiable. ifyours is a big cc bike you prbably still get stuck a bit, but better than car. as for the riding condition, pretty much almost the same as in sgp, except roads / air are dirtier. make sure you fully kitted up with full face helmet.

I experienced it about 3 weeks ago on a Monday evening. Reached woodland at 5.40pm and reached City Square lawyer office at 6.15pm. Many bikes but still moving, unlike cars that can be jacked up way back. 30 min or so looks ok to me but that is just one time, not sure daily will be different.

 

[Charlie258]

Get sunburn, hot, dusty, smoky, oily, wet or strike by thunder (if rain)

No such thing. I often hitch a lift on my J.B. neighbour's bike back into Singapore. No such thing as hot, dusty, smoky, strike by thunder, etc. You obviously are one of the air-conditioned car driver/passenger. Obviously have never sat on a 2-wheeler before in your entire life. Have a good life sitting in your car, jamming for 2 kilometres before you reach the immigration/customs checkpoint. While the 2-wheelers whizz by you.

 

[malpaso]

I experienced it about 3 weeks ago on a Monday evening. Reached woodland at 5.40pm and reached City Square lawyer office at 6.15pm. Many bikes but still moving, unlike cars that can be jacked up way back. 30 min or so looks ok to me but that is just one time, not sure daily will be different.

bike is confirmed faster than car.

 

[malpaso]

Get sunburn, hot, dusty, smoky, oily, wet or strike by thunder (if rain)

strike by thunder??? haha. that is some thunder, then. i think you mean lightning. so far very seldom hear lar. more likely strike by car, bus or lorry.

 

[malpaso]

No such thing. I often hitch a lift on my J.B. neighbour's bike back into Singapore. No such thing as hot, dusty, smoky, strike by thunder, etc. You obviously are one of the air-conditioned car driver/passenger. Obviously have never sat on a 2-wheeler before in your entire life. Have a good life sitting in your car, jamming for 2 kilometres before you reach the immigration/customs checkpoint. While the 2-wheelers whizz by you.

ok la call me kayu.. but after 7-8 years riding i change to car because buang 3 times in a month.

 

[potter]

ok la call me kayu.. but after 7-8 years riding i change to car because buang 3 times in a month.

I buang during e-brake test. Found myself still in piece.. heng. Dun wan to break hands break legs on e main rd.