Johor (Iskandar) Property Bubble Bursting

[johnny333]

How come no one consider canadian properties. I heard vancouver and calgary is very strong and there are some bargains in Toronto.

Canadians move frequently depending on where the jobs are. That is why I would be a buyer in Vancouver & Toronto, and a renter elsewhere.

 

[SirRichard]

I spoke with the GM from a reputable Malaysia developer and he said better not consider iskandar for investment purpose.. Kl City center still a better bet.

 

[ginfreely]

I'm actually looking for a place to stay & not as an investment.

There are many units available for rent in LOS so it is really not necessary to buy. However I may buy once I am certain that I like the lifestyle & area. So far I have only visited Hatyai, Bangkok & Pattaya Planning a visit the north because many people tell me it's beautiful in the north.

I saw some new condos being built opposite Emporium along Sukhumvit. If I was looking for an investment I would probably look at these. It is an area popular with the Japanese so I expect high prices.

There is also the new condos next door to the Ambassdor Hotel. A stones throw from the Thermae bar. It convenient because it is located between the Nana & Asoke stations.

I am looking at Pattaya because it was not affected by the floods & is close to the airport & Bangkok. There are of course many crooks there but it is the same with Spore

I think if buying to stay and not as an investment in a foreign country, best not to buy first but rent first until confirmed it is a nice country with nice people then buy.

 

[johnny333]

I think if buying to stay and not as an investment in a foreign country, best not to buy first but rent first until confirmed it is a nice country with nice people then buy.

Another thing to consider is the management of the condo. Some condos may not be professionally run.

I would prefer a house rather than a condo because you have fewer potential problems.