Search results

That's quite an unqualified and myopic view. Medini has a government masterplan and will be the 2nd financial hub in JB too.

Higher capital appreciation potential comes with higher risk investments, like in such notti cowboy countries. Imo, at least there is a plan that has slowly been realised since 2006. And at least Malaysia is the 2nd most transparent country to invest property in in SEA. I can't imagine what...

Unlike in Sg, Medini's 99- or 129-year clock starts after VP. I read the only regulation that strongly discourages the developer to slack in their period of construction is HDA's act which should be stated in all residential developments SPA. Which means, commercial properties are not...

This will be applicable to all constructions that have yet to be completed. There is always a risk that there will be cash flow problem at any stage of construction. Heck, even in Sg we saw this with H2O Residences and the Circle Line. Thus, I learnt that one major factor in choosing which...

It's not Huttons. It's the system which some developers allow backing out with full refund of booking fees so long as SPA is not signed. Apparently, I learnt that some developers allow this on the reasons that they are confident that (1) you will not ask for a refund, and (2) even if you do...

If there is anything I learn in these few months of property purchase in M'sia, there is no "usual" in a lot of processes. Anything goes...

3) looks like the best bet. But I like my Meridin more. :)

Because SGDMYR breached 2.1 only after 1800hr Sg time. So, my guess is the quoted rates for banks should rise by another 200 pips when they reopen on Mon. Fingers crossed. Time to transfer some more. :)

My Savills agent informed that I will have to pay these: - Stamp Duty for Loan - Disbursement Fee for Loan - Loan Agreement Fee (these 3 amount to ~1.8% of loan quantum) - State Consent Levy = RM14k (kinda high compared to most other solicitors) So can any buyers confirm Stamp Duty and...

CIMB. They offered me 85% but I am sticking to 80%.

Today, when I signed the bank LO, I discovered that Meridin doesn't offer DIBS. Oh my! How did I commit to such a purchase without even knowing the exact promotions. :P So, aside from the RM5k, what else is subsidized?

Try drawing a trend channel instead. And couple it with the more traditional indicators.

It won't be in Medini, as land there has been zoned. It's unlikely to be towards the north in Bt Indah or Setia Tropika because these seem to be out of the way and too built-up. It shouldn't be too south too near Leisure Farm as it will be too near to CIQ. My guess then will be nearer to the...

I share my experience. I am not sure if mine is the same as others. Firstly, I was told that SP Setia does the procedure differently from many other developers. I signed the SPA (not the provisional one, but the actual one) with SP Setia staff and the lawyer 2 weeks after I booked the unit...

Medini can lei.

Thanks. It's just that SP Setia did the exact opposite, and threw me off. :)

Sorry, I was not referring to buying physical USD. I was referring to trading in the forex market. :P But I OT.

Has any Meridin Tower B buyers sign their SPA yet? I was told by my Savills Sg agent that signing will be 6-8 weeks from booking. Also, I have been offered loan by CIMB. Is it possible to sign LOO from bank before SPA?

That's still 4000 pips away! QE withdrawal means less cheap USD to buy higher-yielding Asian investments. All Asian currencies are dropping against the greenback and will continue to do so, although at different rates. I seriously doubt we will see MYRSGD at 3.0. What I might do is to buy...

I was reading an article in The Business Times Weekend entitled "Like beauty, the value of an asset lies in the eye of the beholder". Well, it's quite common sense but it described the debate on this thread very suitably. What CG investor sees value in RM700-800 psf is daylight robbery to...