r u an agent? molek grove good. can consider.
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New developments to share
- Thread starter wuqi256
- Start date
r u an agent? molek grove good. can consider.
Buy! Buy! Buy! 
:p
New house prices to increase 10%
Sep 6, 2013 - PropertyGuru.com.my
Prices of new houses in Malaysia are expected to increase by 10 percent, primarily due to the absenteeism of foreign workers and higher cost of construction materials.
According to Datuk Seri Michael Yam Kong Choy, President of Real Estate and Housing Developers Association of Malaysia, the failure of foreign workers to report for work has caused delays, adding to costs that will certainly be passed on to consumers.
Although acknowledging the need to clampdown on illegal immigrants, Yam noted that the shrinking supply of workers would hurt developers as they would have to “pay more for labour to meet contractual deadlines, failing which they will be penalised.”
Under the Sales and Purchase Agreement, developers are bound to pay buyers a compensation in case of late delivery. Notably, the contracts in the private sector does not include any provision for price adjustments.
Meanwhile, Association president Datuk Lim Kai Seng expects sand and cement prices to increase by five percent to 10 percent, while transportation cost could rise by up to 20 percent.
Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email [email protected]
http://www.propertyguru.com.my/property-news/2013/9/10754/new-house-prices-to-increase-10-
:pNew house prices to increase 10%
Sep 6, 2013 - PropertyGuru.com.my
Prices of new houses in Malaysia are expected to increase by 10 percent, primarily due to the absenteeism of foreign workers and higher cost of construction materials.
According to Datuk Seri Michael Yam Kong Choy, President of Real Estate and Housing Developers Association of Malaysia, the failure of foreign workers to report for work has caused delays, adding to costs that will certainly be passed on to consumers.
Although acknowledging the need to clampdown on illegal immigrants, Yam noted that the shrinking supply of workers would hurt developers as they would have to “pay more for labour to meet contractual deadlines, failing which they will be penalised.”
Under the Sales and Purchase Agreement, developers are bound to pay buyers a compensation in case of late delivery. Notably, the contracts in the private sector does not include any provision for price adjustments.
Meanwhile, Association president Datuk Lim Kai Seng expects sand and cement prices to increase by five percent to 10 percent, while transportation cost could rise by up to 20 percent.
Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email [email protected]
http://www.propertyguru.com.my/property-news/2013/9/10754/new-house-prices-to-increase-10-
johnpropertyman
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Hi All,
I'm started a blog to share about property.
For your reading pleasure please http://propstoshare.wordpress.com/
Thanks.
I'm started a blog to share about property.
For your reading pleasure please http://propstoshare.wordpress.com/
Thanks.
Not agent, just looking some investments in JB with cashflow. Alot of places can buy but not necessary can rent. Also looking out for 'retirement home' which can pay itself.
This one is near Johor Jaya but nearer to e industrial park? Must see e response first but probably another short overnight queue.
Yes, I remembered this is a pretty strange project, in the sense that you have to cut through another Taman, Johor Jaya, to get to Ehsan Jaya. I visited its showhouse around 1 year ago.
At RM 624K and RM 676K, I am not sure if there will be a queue or if it will be sold out in record time. Let's wait and see. Haha
the house land area isn't that big either.. 22x70. anything special about the project or the location. who's the developer?
interesting nugget for property trivia: there is a twin development called Taman Desa Jaya and Taman Ehsan in KL as well, just like this taman ehsan in JB.
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Only $281 psf. This price is like Nusajaya last year (now abt $350-400 psf). Likely to have a short queue since it is near Johor Jaya where many Johoreans r staying.
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must calculate using land area.
I usu ignore it for simplicity as e size is roughly 22x70 for usual terrace.
How times had changed and so is inflation.
in the 1970s, Taman Desa Jaya in Kepong used to have this 20 x 60 single storey 3 room house and it cost only RM 9000 (Nine thousand only). And it is freehold. Today that same house would have a resale value of RM 400,000. Go figure.
How times had changed and so is inflation.
in the 1970s, Taman Desa Jaya in Kepong used to have this 20 x 60 single storey 3 room house and it cost only RM 9000 (Nine thousand only). And it is freehold. Today that same house would have a resale value of RM 400,000. Go figure.
how come you know taman desa jaya in kepong huh?? haha. my grandpa house there i used to stay during my younger days. remember the meton cinema??
yes, single story house, 3 room, price i actually dunno, but must be about as you say 9k. But it is not freehold, it's all leasehold there. . Now 400k, correct! i mulled over a long time whether to buy a house in taman ehsan (behind desa jaya), next to the FRIM.
Now you know why i say JB house is still consider cheap compare to KL.
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http://www.melatiehsan.com.my/project-taman-ehsan-jaya.php
Melati Ehsan Holdings Berhad. Seems that they have projects in Kl as well. Probably attractive to Johor Jaya upgraders as its G&G?
It is quite a big population in Tebrau and surrounding area (my estimate is 1 mil population). At $6xx k RM, it should be still quite attractive to the upgraders in Johor Jaya.
Thanks for the update!
Today that same house would have a resale value of RM 400,000. Go figure.
And its not G&G?
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