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  1. nextreal

    Meridin @ Medini (Nusajaya)

    Great blogsite. I've given you some reputation points. :)
  2. nextreal

    Meridin @ Medini (Nusajaya)

    I have registered my interest on the website and notified my Sg Savills agent. He stated there is no news yet. I have a feeling Mah Sing is waiting for the Budget announcement, even though the launch was originally touted to be launched this weekend.
  3. nextreal

    Meridin @ Medini (Nusajaya)

    I find the RM5k to be an insincere discount. It's not really a lot considering how much the property cost. Even our booking fee of S$5k is 2.5 times of that. :D
  4. nextreal

    Exchange Rates for RM

    SGDMYR crashed 300 pips today. If MCs are still offering 2.58, grab at their loss!
  5. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    This is an interesting scenario that I think it's worth exploring the possibility. If we assume salary will double in 5 years, we are looking at an average of 15% increment annually. Now, I wonder if any employer will be this generous. But assuming the government is willing to do this (well...
  6. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    Hi, I attended a talk by HCS in Aug, and he explained that 3-5% is for IM. So, you're right. For the entire Johor state, he used 1.8%, but I thought he was being optimistic (after all he was paid to give that talk). I got the 1.8% to 1.1% from here...
  7. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    http://napic.jpph.gov.my/portal Click on Key Data Q2 2013.
  8. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    I agree with you on this. One big reason why IM will likely work this time round is the change in both countries' leadership, who have been rather determined and committal. And more than tons of funds been injected, a lot of big Sg names like Temasek, CapitalLand and Peter Lim have ventured into...
  9. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    Hi, I'm glad you appreciate my post. Everyone's heart talks differently. For me, I have been making decisions using both heart and head for a long time now, for almost all my investments, trades and big purchases. Unlike experienced investors, if I had purely used my head, I would not have...
  10. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    Yes, I do agree with you. Iskandar's investment is more about capital appreciation.
  11. nextreal

    Meridin @ Medini (Nusajaya)

    How come RM90k? My 2 lots are "only" RM50k. You are absolutely right about the part of the tenant bit. Not worth the repair cost if the rent is too low.
  12. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    Thanks for your compliment, but I'm really no expert. :) I'm just like many forumers here who earns an honest salary, and have saved enough to buy a property or two across the causeway.
  13. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    Thanks for reading my post. :) I'm not a statistician, but allow me to explain my rationale on this. According to the Dept of Stats and Valuation and Property Services Dept, in 2012, the state of Johor has 695,565 residential properties (residences). At a population of 3.3M, that works out to a...
  14. nextreal

    Exchange Rates for RM

    Today is Malaysian PH. Banks are still quoting Fri's closing rate. Let's hope for a better bank tomorrow given realtime SGDMYR FX is 2.6111 currently.
  15. nextreal

    Meridin @ Medini (Nusajaya)

    Yes, it is a very good price. Did you subtract the price of the carpark from you're psf calculation? If not, it will be lower still. And Tower B really commands a premium. Btw, like all other owners, I wish that I can rent out my unit when it TOPs. But be prepared to face a draught of renters...
  16. nextreal

    Iskandar -- Now is the time to invest in or it's overhyped?

    My views. 1. No one here is an expert. Even if he thinks he is, he will not put all his money where his mouth is. 2. No real expert will come to a forum to share his view. After all, experts are paid to sprout some advice they think is correct, but they will still not put all his money on...
  17. nextreal

    Meridin @ Medini (Nusajaya)

    Is this a unit with balcony?
  18. nextreal

    Setia Eco Cascadia

    Lucky SEC doesn't sell Uranus. Else buyers will be s***.
  19. nextreal

    Setia Eco Cascadia

    No way, I am the only Neptune buyer here?
  20. nextreal

    Meridin at Medini and Astaka Project in Iskandar - any good?

    Again, I don't mean to blast the project but I also thought about that. Khazanah will just be a tenant for 12 years. They didn't buy Tower 1. Why didn't they? If I fully trust in the location and developer, why wouldn't I buy? Leasing is less of a gamble, imo. No developer would want to risk...
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