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Mudland finance minister telling lies by implying that there is no benefits to the country and Malaysians

ginfreely

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https://www.straitstimes.com/asia/s...foreign-buyers-only-finance-minister-lim-says

"Let me be clear that our Prime Minister does not oppose to foreigners buying properties in Malaysia, but when townships are built exclusively for foreigners, how does that benefit the country and Malaysians?

"This the government will not accept," Mr Lim said in his keynote address at the 2018 Annual Property Developers Conference, as quoted by Malay Mail news site.
How many units in the so called foreigner township? 10000 units? 30000 units or more? Mudland property tax is not cheap for JB city centre property. A small unit of condo is taxed 1500 plus per year. Obviously the same expensive rate will apply to these so called foreigner township condos. And not all units are small. Assume average property tax is 2000 per unit times 10000 units is already 20 million ringgit benefits to mudland every year. And that’s not counting a cent of spending these foreigners will make to renovate the units that will benefit Malaysians running business.
 

ginfreely

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How many units in the so called foreigner township? 10000 units? 30000 units or more? Mudland property tax is not cheap for JB city centre property. A small unit of condo is taxed 1500 plus per year. Obviously the same expensive rate will apply to these so called foreigner township condos. And not all units are small. Assume average property tax is 2000 per unit times 10000 units is already 20 million ringgit benefits to mudland every year. And that’s not counting a cent of spending these foreigners will make to renovate the units that will benefit Malaysians running business.
And forest city is definitely much larger size than 10000 units.
 

tun_dr_m

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Stop dreaming about BENEFITS!

You are NOT ENTITLED to it!

You are DISQUALIFIED for it!


They are not NOT to serve YOU!
 

ginfreely

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Stop dreaming about BENEFITS!

You are NOT ENTITLED to it!

You are DISQUALIFIED for it!

They are not NOT to serve YOU!
Stop telling lies of not receiving benefits from foreigners that paid taxes, take no jobs AND created jobs for mudlanders!
 

tanwahtiu

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Rent seeking ecomony wiil make JB darker, not becos not enough street lights but too mny ah nehs.... ex- Jln Besar MP
 

syed putra

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This is another silly mini ter trying to be hero. Leave it to johoreans to manage their own land and property matters. That is under state powers and not federal. Don't busy body.
 

Scrooball (clone)

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This is what happens when u have shit leaders and politicians

1965 SGD$1 = RM$1
2018 SGD$1 = RM$3.02

Despite having lower population, no natural resources, limited land, Singapore's currency is worth 3 times Mudlaysia's?!
 

ginfreely

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Rent seeking ecomony wiil make JB darker, not becos not enough street lights but too mny ah nehs.... ex- Jln Besar MP
They should just buy back all the land that they sold to foreigners, including the units built on the land. Just like buying back treated water, they can buy back treated land since they claim no economic benefits.
 

ginfreely

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This is another silly mini ter trying to be hero. Leave it to johoreans to manage their own land and property matters. That is under state powers and not federal. Don't busy body.
Ya mudland very smart to sell water space to foreigners to reclaim to become land and then complain about it when there was no land there in the first place. Just buy back the water space from foreigners ok.
 

ginfreely

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Without Singaporeans buying, he thinks any property project in Malaysia can succeed? lol
Without foreigners giving benefits and creating jobs through these projects, he thinks Johor can develop so much in this few years? Now I wonder how he grows Penang by saying foreigners buying houses give no benefits to Malaysians.
 

tanwahtiu

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Without creating new jobs to FT ah nehs to steal jobs in JB, properties will be vancants and rent seeking landlords aka investors will goes bankrupts.

Go say thank you to FT ah nehs with fake qualifications here to steal jobs to pay rents for rent seeking Singapore economy.




Without foreigners giving benefits and creating jobs through these projects, he thinks Johor can develop so much in this few years? Now I wonder how he grows Penang by saying foreigners buying houses give no benefits to Malaysians.
 

ginfreely

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Without creating new jobs to FT ah nehs to steal jobs in JB, properties will be vancants and rent seeking landlords aka investors will goes bankrupts.

Go say thank you to FT ah nehs with fake qualifications here to steal jobs to pay rents for rent seeking Singapore economy.
That’s where the vital difference is between JB and Spore. Mudland only creates jobs for themselves, not foreigners. They have plenty of rules to safeguard. So no need to worry about that. Jobs created by foreigners include the management office, maintenance and sales jobs for Malaysians in these projects. Plentiful of jobs created by foreigners and the minister dare to tell blatant lie that they received no benefits!
 
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