Living in JB

[LGLab]

For hidden price,

do I have to pay

1) 3% developer stamp fee
2) 1% bank stamp fee
3) 15k state levy.

Apart from these 3 things, what else do i need to take note of ?

Thank you.

 

[arsenal]

For hidden price,

do I have to pay

1) 3% developer stamp fee
2) 1% bank stamp fee
3) 15k state levy.

Apart from these 3 things, what else do i need to take note of ?

Thank you.

10++K state duty fee rather than 15K...
Also check if you have to pay legal fee... That's all..

 

[crystal_tiong]

Quick qn , the parking coupons which I bought from JB , can i use in Bk Indah ?
I remembered the shop told me can use till Johor Jaya.

Thanks

 

[ShawnLow]

shawnbro....the condo u mentioned is it D'Rich by IJM?. or is it something else by KSL..

cheers.

Wah yonglip bro ur information very alot ler~haha~its called d"rich~under ijm~nt ksl one

 

[greddy88]

wow.. over 650 pages.. i am now at my first 40. the more i read, the more i am interested :-)
not sure if i am now too late.. but am definitely vested!

if there is any fast-track info/link, it'll definitely be appreciated too ;-)

 

[LGLab]

10++K state duty fee rather than 15K...
Also check if you have to pay legal fee... That's all..

Thank you.... I am calculating and planning!!!

JB here i come... !!

 

[east539]

For hidden price,

do I have to pay

1) 3% developer stamp fee
2) 1% bank stamp fee
3) 15k state levy.

Apart from these 3 things, what else do i need to take note of ?

Thank you.

bro, state levy normally 10 - 11K, not 15K

 

[limmcd]

Thanks Bro - if it really starts from 290k, then it's a good deal to get one for invenstment purpose!!!
But as you said - there should be some upward revision - and the only question is how upward!! hahahaha...i got a gut feel they'll go for 400-600 range...or probably higher - just look at the condo that was launch opposite Jusco in Bukit Indah...i can't remember the name...sky...something...i remeber checking that out and it was in the range of 400k already...same with HH but smaller..
Anyway, if confirm they launch at 290k...then it's a good deal to get one!

Careful... Leased hold vs Free hold..

 

[ginfreely]

Singapore citizen, serve Singapore army because they provide free lodging and food.. now regretted and willing to serve Malaysia if they offer citizenship.

How come you are British and SG citizen at the same time...really dual citizenship allowed?

 

[teck21]

How come you are British and SG citizen at the same time...really dual citizenship allowed?

Like they say in the SAF, anything also can, just don't get caught.

 

[ginfreely]

Contra brother, I'm not very good at expressing my thoughts, but I think I am just average as there are many out there who are doing much much more awesome. I know because I have personally met this guy who is not yet 30 but owns more than 20 properties. I know out of the few brothers you mentioned, I am definitely just a beginner compared to them. I definitely do not have many properties in Nusajaya, maybe unless if I buy gamuda shares

To own one or more properties at age 23 is not average lah, if not most people are below average liao...afterall many people just graduated and started working between age 21 to 23...

 

[LGLab]

Can I ask more question? Bank interest rate normally how much?

Lets say I buy 560k RM property and downpay 20% of it.

How much interest PA they charge?

 

[ginfreely]

Just to clarify current landed in JB under KSL;

Nusa Bestari = Bestari Heights (32x75 at RM700k to 36x75 at RM870k) - as said lastresort, near Bukit Indah

Kempas Heights (32x80 at RM510k) - in Kempas

Bestari Indah - (22x70 and 22x80) nearer Austin/Ulu Tiram

By the way I am not an agent nor do I work for KSL.

Thanks for sharing...interesting info, haven't visited Kempas Heights and Bestari Indah before..

 

[arsenal]

Can I ask more question? Bank interest rate normally how much?
I
Lets say I buy 560k RM property and downpay 20% of it.

How much interest PA they charge?

For your case, you should be borrowing approx 450k. based in BLR of 4.5, say 25 year loan, should work out yo be around 2900rm per month.. roughly that amount..

 

[LGLab]

For your case, you should be borrowing approx 450k. based in BLR of 4.5, say 25 year loan, should work out yo be around 2900rm per month.. roughly that amount..

BLR means what?

Is it flat rate of 4.5% PA for 25 years? How is it calculated?

In SG, it is SIBOR.. So in JB it is called BLR ?

 

[IskandarRocks]

BLR means what?

Is it flat rate of 4.5% PA for 25 years? How is it calculated?

In SG, it is SIBOR.. So in JB it is called BLR ?

BLR is Base Lending Rate set by banks in Malaysia, based on Bank Negara rates. Something like SIBOR. Currently it is 6.6%. Banks wil typically lend you as a function of BLR, something like BLR - 2.4% or similar. So your effective rate will be 4.2% in this case. If the BLR gets revised during the tenure of your loan, your interest rate will be revised accordingly. There are some fixed rate packages available as well.

 

[LGLab]

BLR is Base Lending Rate set by banks in Malaysia, based on Bank Negara rates. Something like SIBOR. Currently it is 6.6%. Banks wil typically lend you as a function of BLR, something like BLR - 2.4% or similar. So your effective rate will be 4.2% in this case. If the BLR gets revised during the tenure of your loan, your interest rate will be revised accordingly. There are some fixed rate packages available as well.

Can I get refinance after 3 yeas to enjoy their 'promotion' rate everytime?

 

[LGLab]

for that 4.2% , normally it last for how many months with that fixed interest?

How often it gets readjusted?

 

[FairwaySuites]

List of forummers who have purchased or intend to purchase property in Johor. Hope those guests who are following this thread actively will also create their own account and join 'The List'. (Copy the whole list including this heading. Click 'Reply to Thread'. Paste it in your reply and add your nick and nationality to the list.)
# IMPORTANT - For new members, please try to make your first 10 post anywhere else before adding your nick to this list.

1. Wuqi256 (Singaporean) - The Gateway, The Golf, Nusa Duta -
Wuqi256 sisters (Singaporean), sister bf (SPR, East Malaysian [Kuching, Sarawak]). Wuqi256's relatives(Singaporean), friends (Singaporean, Malaysian (Malacca, KL, Kedah, Pahang, Kelantan [Tenant]), German, Australian, Korean)and colleagues (Singaporean, Malaysians, soon to be Italian and UK)
-Total 29 (updated) bought so far in Nusajaya
2. Investor (Singaporean) - Nusajaya
3. Analytical Professor (Singaporean) - Kempas
4. Sanur - Leisure farm/polo view
5. Sanur's mum - Leisure Farm/bayou water village
6. Sanur's SIL - Leisure Farm/polo view
7. Jasonjst - Sutera Utama
8. Tansi - Leisure Farm
9. relaxmannn (Singaporean) - Nusajaya
10. nusajayaphile (Singaporean) - The Hills Precinct, Horizon Hills
11. Mahesh - Leisure Farm/pinggiran bayou
12. East539 (Singaporean) - Nusajaya
13. East539's Sis & Bro in law (Singaporean) - EL/LF
14. JazJoz - Horizon Hills
15. Lynn - east Ledang
16. TheGolf - HH
17. Grago. - Horizon Hills
18. Arsenal (British, North London, home of the gunner) - Horizon Hills
19. Vincentck & Wife - NI
20. mathstub- Horizon Hills
21. ShawnLow (Malaysian, JB Skudai) - Bestari Heights - Astoria
22. Skippy - Horizon Hill The Golf
23. LastResort Family (Singaporean) - Horizon Hills, The Gateway, The Hills & Fairway Suites
24. Kaeel - Nusa Idaman , Hill side Semi D
25. Lord Aragorn - The Straits View Residences, Permas Jaya
26. cathylmg (Singaporean) - Kempas
27. captw - Bukit Indah, Amelia 1
28. mallow - Nusajaya
29. IskandarRocks (Indian, Sg PR) - East Ledang, Imperia@Puteri Harbour
30. euphony - LF & mt. austin
31. narmi - NI
32. maxpark - Fairway Suites, Indahwalk3
33. Avalon74- Setia Eco Garden
34. Yonglip - Bestari Heights
35. AbuGumGum - Sungai Chat, Johor Bahru
36. 2bFree - HH
37. Aisanbo (Singaporean) - Sky Gardens Residences @ Setia Tropika
38. 29ers - LF
39. Weetabix - HH
40. SeriAustinian - Seri Austin, HH South Golf
41. iamapseudoneem - Nusa Idaman
42. Puteri Harbour (Singaporean) - Imperia@Puteri Harbour
43. Odyssey - HH-Golf
44. darrkie.y - taman molek
45. Leisure - KIV leisure farm pinggiran bayou, east ledang or 1 medini
46. avelc - Nusajaya
47. linked (Singaporean) - East Ledang
48. investjb (Malaysian, Sarawak) - Impiana, Ujana, Casa Almyra, Golden sands, horizon residence
49. limmcd (Malaysian, Johor, Sg PR) - HH, BI, Ujana, Fortune Point, Nusa villa, Horizon Residence
50. spidey (Malaysian, KL, Sg PR) - Bandar Dato Onn
51. Icyraine (Malaysia, Born in Penang, Grow up in KL, Work in JB) - HH (going to seal the deal on coming monday!), Sri Samudera, Golden Sands
52. Blue_S (Malaysian, Sarawak, SPR) - Ujana, Horizon Residence
53. fairies (Singaporean) - Ledang Heights

54. Fairwaysuites (Malaysian, Penang, SPR) - HH Golf and Fairway Suites

 

[IskandarRocks]

for that 4.2% , normally it last for how many months with that fixed interest?

How often it gets readjusted?

I don't think that the readjustment time is fixed like the 90 day or 6 month SIBOR. Here are the historical rates that will give you an idea of the volatility:

http://www.blr.my/blr-history.htm

To your other question on refinance, depends on the lock in period offered by the bank. In my case it is 3 years and as far as I remember, I have to pay a 2% penalty in case I redeem earlier.I came across some banks that offer no lock in but the rates were a bit higher.