Anyone have any idea during weekdays, from what time to what time is the most jam at 2nd link (both M'sia & S'pore side)..
Or I would say try to avoid certain "timing" if want to have a smoother ride to S'pore via 2nd link
Last edited:
-
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
New developments to share
- Thread starter wuqi256
- Start date
Anyone have any idea during weekdays, from what time to what time is the most jam at 2nd link (both M'sia & S'pore side)..
Or I would say try to avoid certain "timing" if want to have a smoother ride to S'pore via 2nd link
CapitaLand leads Singapore business to Iskandar
Your window to Malaysia
Monday, 25 March 2013
Font-size: A | A | A
by Goola Warden of The Edge Singapore on Sunday, 24 March 2013 16:00
LIM Ming Yan, CEO of CapitaLand, and other top executives at the group were in a jolly mood during a Chinese New Year lunch at the China Club on Feb 19. The main topic of conversation was the potential of Iskandar Malaysia for Singapore property developers.
Later that same afternoon, Lim was in Iskandar Malaysia, sealing a deal in the presence of the prime ministers of Singapore and Malaysia to acquire and develop land on A2 Island, a man-made island in Danga Bay, Johor. CapitaLand and its partners will pay some RM811 million ($324 million) for 71.4 acres of land on A2 Island. That works out to about $103.50 psf. The plan is to develop high-rise and landed residential properties, retail space, serviced residen*ces, a marina hub with restaurants and perhaps some offices. The development could also feature a ferry service to and from Singapore, according to officials at CapitaLand.
CapitaLand will own 51% of the development, while its partners Iskandar Waterfront Sdn Bhd (IWSB) and Temasek Holdings will hold 40% and 9%, respectively. IWSB is a company controlled by Malaysian entrepreneur Lim Kang Hoo.
CapitaLand is the first major Singapore developer to take on a large-scale integrated project in Iskandar Malaysia. Last October, Ascendas and UEM Land said they would jointly develop a $1.5 billion tech park in Nusajaya.
Spanning an area three times the size of Singapore, Iskandar Malaysia is said to be one solution to the city-state's shortage of land. Besides its close proximity and relatively low land cost, warming ties between the governments of Singapore and Malaysia are helping to spur confidence and interest in the growth area.
Heavyweight Singapore developers like CapitaLand could well be among the early beneficiaries of this trend. Not only do they have the capital to take on large-scale projects in Iskandar Malaysia, they are also well placed to sell the developments to homebuyers and investors in Singapore. They could also manage these projects out of their home base in Singapore. Indeed, that is what CapitaLand intends to do.
"Our own perspective is that the Malaysian and Singapore economies complement each other," Lim says at CapitaLand's results briefing on Feb 21. "We can have complementary arrangements with Malaysia, especially in Iskandar. Operationally and organisationally… we can leverage our operating HQ and CapitaLand Singapore to carry out the projects. This is where the synergy is."
In a sense, developers like CapitaLand might lead the way for other Singapore enterprises to eventually expand and relocate to Iskandar Malaysia. "We see the Malaysian business as an extension of our Singapore business," Lim says. "It is 10km from the Johor Causeway, 28km from Senai Airport and half an hour's drive to the Tuas Second Link," he adds, referring to A2 Island.
On the flipside, getting developers like CapitaLand involved in Iskandar Malaysia might raise the bar for other developers. CapitaLand is Southeast Asia's largest developer. Through its 65%-owned subsidiary CapitaMalls Asia, CapitaLand is also Asia's largest mall developer and owner. The CapitaLand group has also proved adept at using funds and real estate investment trusts (REITs) to spur its growth. All in, it has 16 funds and six REITs, with total assets under management of $37.1 billion.
Standard Chartered notes that CapitaLand has a particular advantage when it comes to integrated developments, its most famous being Raffles City in Singapore and Raffles City Shanghai. "Investors see large, integrated developments as one of CapitaLand's key competitive advantages, and we expect CapitaLand to undertake more such projects where they can create substantial value," it says in a recent report. The Danga Bay development is one such development, and the Chao Tian Men project in Chongqing is another example, the report adds.
CapitaLand will take the lead in creating the masterplan for A2 Island. According to officials at the group, the project has an estimated total gross floor area of 11 million sq ft, and is expected to be developed in phases over a period of 10 to 12 years. The project is expected to generate a total gross development value of approximately RM8.1 billion. According to Lim, the project will be largely residential, but the shopping mall will be a central feature, along with the serviced residences and a marina hub. "I would say it's perfect for us to look at some of these developments, where our shopping mall can take the central location and our residential can take the adjacent plot," Lim says.
CapitaLand's project in Iskandar Malaysia comes amid a streamlining of its businesses. Since being appointed CEO in January this year, Lim has narrowed the group's focus to four main categories: Singapore (with Malaysia), China, CMA and The Ascott Ltd. He also wants to see the group's operating profit after tax and minority interests (Patmi) as well as operating return on equity (ROE) rise over time. "We are not happy with where we are today and we think we should be able to improve that over the next few years," he says. CapitaLand's ROE in 2012 was 6.7%.
Achieving this involves managing the balance of the group's various businesses. For instance, residential property development can be very profitable, but they take years to build. Moreover, under accounting rules, in China, earnings can only be recognised when homebuyers get their keys. On the other hand, shopping malls deliver value through rising net property income (NPI), which in turn yields revaluation gains. As these assets mature, CapitaLand often shunts them into REITs and funds, which then enables the group to reapply the capital to new developments that help drive its ROE.
The residential property business in Singapore has been under pressure recently because of the government's efforts to curtail speculation and dampen demand. Lim figures that the high-end residential market is likely to be more affected than the mass-market sector, and has been steering CapitaLand towards the "first-time buyer" segment. "For Singapore residential, we aspire to do 8% to 10% of market share. But we won't do this at all costs. We will be rational in our approach and in acquiring land," Lim says. This year, CapitaLand plans to launch the remaining 542 units of D'Leedon, 292 units of Interlace, 359 units of Sky Habitat, and 120 units at Marine Point and 700 units at Bishan Street 14.
Meanwhile, in China, CapitaLand has some 4,000 residential units ready for launch. It also has sufficient landbank for a further 26,000 units. While China has also been trying to cool speculation in its property sector, Lim sees plenty of scope for growth. "For the last two years, we've been shifting our projects to the segment targeting first-time buyers. China is going through a phase of urbanisation and this will make up the demand for first-time homebuyers," he says. CapitaLand China's margins for its residential portfolio are in the range of 20% to 30%.
As part of its efforts to narrow its focus, CapitaLand has also been reviewing some of its non-core businesses. These include its business in Vietnam as well as ASX-listed property company Australand. Its other non-core businesses are Surbana Corp, an international consultancy and township development company; and StorHub, which provides storage facilities for individuals and companies. So far, the only non-core business CapitaLand has confirmed it will keep is its Vietnam business.
CapitaLand's project in Iskandar Malaysia comes amid a streamlining of its businesses. Since being appointed CEO in January this year, Lim has narrowed the group's focus to four main categories: Singapore (with Malaysia), China, CMA and The Ascott Ltd. He also wants to see the group's operating profit after tax and minority interests (Patmi) as well as operating return on equity (ROE) rise over time. "We are not happy with where we are today and we think we should be able to improve that over the next few years," he says. CapitaLand's ROE in 2012 was 6.7%.
Achieving this involves managing the balance of the group's various businesses. For instance, residential property development can be very profitable, but they take years to build. Moreover, under accounting rules, in China, earnings can only be recognised when homebuyers get their keys. On the other hand, shopping malls deliver value through rising net property income (NPI), which in turn yields revaluation gains. As these assets mature, CapitaLand often shunts them into REITs and funds, which then enables the group to reapply the capital to new developments that help drive its ROE.
The residential property business in Singapore has been under pressure recently because of the government's efforts to curtail speculation and dampen demand. Lim figures that the high-end residential market is likely to be more affected than the mass-market sector, and has been steering CapitaLand towards the "first-time buyer" segment. "For Singapore residential, we aspire to do 8% to 10% of market share. But we won't do this at all costs. We will be rational in our approach and in acquiring land," Lim says. This year, CapitaLand plans to launch the remaining 542 units of D'Leedon, 292 units of Interlace, 359 units of Sky Habitat, and 120 units at Marine Point and 700 units at Bishan Street 14.
Meanwhile, in China, CapitaLand has some 4,000 residential units ready for launch. It also has sufficient landbank for a further 26,000 units. While China has also been trying to cool speculation in its property sector, Lim sees plenty of scope for growth. "For the last two years, we've been shifting our projects to the segment targeting first-time buyers. China is going through a phase of urbanisation and this will make up the demand for first-time homebuyers," he says. CapitaLand China's margins for its residential portfolio are in the range of 20% to 30%.
As part of its efforts to narrow its focus, CapitaLand has also been reviewing some of its non-core businesses. These include its business in Vietnam as well as ASX-listed property company Australand. Its other non-core businesses are Surbana Corp, an international consultancy and township development company; and StorHub, which provides storage facilities for individuals and companies. So far, the only non-core business CapitaLand has confirmed it will keep is its Vietnam business.
Analysts figure CapitaLand's balance sheet could be enhanced if it offloads its non-core assets. Notably, some believe it to be close to unlocking value at Australand. "General Property Trust and Mirvac have been reported to seek to put up a joint bid for Australand. We expect divestment proceeds of $1.5 billion, based on the current price of $3.46 per share for Australand," notes Standard Chartered.
Ample capital for Iskandar
Will Malaysia be a major feature of CapitaLand's future plans as it refocuses its businesses? How large a bet is it making on Iskandar Malaysia? Can its stock climb higher?
CapitaLand certainly isn't short of capital to fund its plans in Iskandar Malaysia. Its share of the gross development value at A2 Island amounts to 4.3% of its asset size of $37.8 billion as at Dec 31. Its share of the initial cost of the project of $165.2 million can be easily funded internally. "At the corporate level, we have $3.3 billion of cash. We still have ample amounts of cash for our commitments," says Arthur Lang, chief financial officer of CapitaLand.
Wong Yew Kiang, an analyst at CLSA, figures that the group actually got a relatively good deal on the land. "We view the pricing of the joint-venture site at RM261 psf favourably," he says in a report. "[It is] a 31% discount to Chinese developer Country Garden Holdings' acquisition price of RM376 psf in Danga Bay just two months ago." The Danga Bay project could give CapitaLand margins of 15% and add three to four cents per share to revalued net asset value (RNAV).
Meanwhile, CEO Lim says CapitaLand is no stranger to Malaysia. While CapitaLand was only formed in 2000, through the merger of DBS Land and Pidemco Land, its units have been involved in Malaysia since the 1990s, Lim says. "We did some mezzanine financing for a residential project in Kuala Lumpur. The Marc Residence in KLCC was developed by CapitaLand," he adds.
For 2012, CapitaLand reported a 12% decline in earnings to $930 million, which was slightly above consensus profit forecasts. Standard Chartered is forecasting a 24.7% rise in earnings to $1.16 billion for this year and a further 11.7% rise to $1.32 billion for 2014. It puts CapitaLand's RNAV at $4.92 per share. Standard Chartered has an "outperform" rating on the stock, with a price target of $4.50.
Your window to Malaysia
Monday, 25 March 2013
Font-size: A | A | A
by Goola Warden of The Edge Singapore on Sunday, 24 March 2013 16:00
LIM Ming Yan, CEO of CapitaLand, and other top executives at the group were in a jolly mood during a Chinese New Year lunch at the China Club on Feb 19. The main topic of conversation was the potential of Iskandar Malaysia for Singapore property developers.
Later that same afternoon, Lim was in Iskandar Malaysia, sealing a deal in the presence of the prime ministers of Singapore and Malaysia to acquire and develop land on A2 Island, a man-made island in Danga Bay, Johor. CapitaLand and its partners will pay some RM811 million ($324 million) for 71.4 acres of land on A2 Island. That works out to about $103.50 psf. The plan is to develop high-rise and landed residential properties, retail space, serviced residen*ces, a marina hub with restaurants and perhaps some offices. The development could also feature a ferry service to and from Singapore, according to officials at CapitaLand.
CapitaLand will own 51% of the development, while its partners Iskandar Waterfront Sdn Bhd (IWSB) and Temasek Holdings will hold 40% and 9%, respectively. IWSB is a company controlled by Malaysian entrepreneur Lim Kang Hoo.
CapitaLand is the first major Singapore developer to take on a large-scale integrated project in Iskandar Malaysia. Last October, Ascendas and UEM Land said they would jointly develop a $1.5 billion tech park in Nusajaya.
Spanning an area three times the size of Singapore, Iskandar Malaysia is said to be one solution to the city-state's shortage of land. Besides its close proximity and relatively low land cost, warming ties between the governments of Singapore and Malaysia are helping to spur confidence and interest in the growth area.
Heavyweight Singapore developers like CapitaLand could well be among the early beneficiaries of this trend. Not only do they have the capital to take on large-scale projects in Iskandar Malaysia, they are also well placed to sell the developments to homebuyers and investors in Singapore. They could also manage these projects out of their home base in Singapore. Indeed, that is what CapitaLand intends to do.
"Our own perspective is that the Malaysian and Singapore economies complement each other," Lim says at CapitaLand's results briefing on Feb 21. "We can have complementary arrangements with Malaysia, especially in Iskandar. Operationally and organisationally… we can leverage our operating HQ and CapitaLand Singapore to carry out the projects. This is where the synergy is."
In a sense, developers like CapitaLand might lead the way for other Singapore enterprises to eventually expand and relocate to Iskandar Malaysia. "We see the Malaysian business as an extension of our Singapore business," Lim says. "It is 10km from the Johor Causeway, 28km from Senai Airport and half an hour's drive to the Tuas Second Link," he adds, referring to A2 Island.
On the flipside, getting developers like CapitaLand involved in Iskandar Malaysia might raise the bar for other developers. CapitaLand is Southeast Asia's largest developer. Through its 65%-owned subsidiary CapitaMalls Asia, CapitaLand is also Asia's largest mall developer and owner. The CapitaLand group has also proved adept at using funds and real estate investment trusts (REITs) to spur its growth. All in, it has 16 funds and six REITs, with total assets under management of $37.1 billion.
Standard Chartered notes that CapitaLand has a particular advantage when it comes to integrated developments, its most famous being Raffles City in Singapore and Raffles City Shanghai. "Investors see large, integrated developments as one of CapitaLand's key competitive advantages, and we expect CapitaLand to undertake more such projects where they can create substantial value," it says in a recent report. The Danga Bay development is one such development, and the Chao Tian Men project in Chongqing is another example, the report adds.
CapitaLand will take the lead in creating the masterplan for A2 Island. According to officials at the group, the project has an estimated total gross floor area of 11 million sq ft, and is expected to be developed in phases over a period of 10 to 12 years. The project is expected to generate a total gross development value of approximately RM8.1 billion. According to Lim, the project will be largely residential, but the shopping mall will be a central feature, along with the serviced residences and a marina hub. "I would say it's perfect for us to look at some of these developments, where our shopping mall can take the central location and our residential can take the adjacent plot," Lim says.
CapitaLand's project in Iskandar Malaysia comes amid a streamlining of its businesses. Since being appointed CEO in January this year, Lim has narrowed the group's focus to four main categories: Singapore (with Malaysia), China, CMA and The Ascott Ltd. He also wants to see the group's operating profit after tax and minority interests (Patmi) as well as operating return on equity (ROE) rise over time. "We are not happy with where we are today and we think we should be able to improve that over the next few years," he says. CapitaLand's ROE in 2012 was 6.7%.
Achieving this involves managing the balance of the group's various businesses. For instance, residential property development can be very profitable, but they take years to build. Moreover, under accounting rules, in China, earnings can only be recognised when homebuyers get their keys. On the other hand, shopping malls deliver value through rising net property income (NPI), which in turn yields revaluation gains. As these assets mature, CapitaLand often shunts them into REITs and funds, which then enables the group to reapply the capital to new developments that help drive its ROE.
The residential property business in Singapore has been under pressure recently because of the government's efforts to curtail speculation and dampen demand. Lim figures that the high-end residential market is likely to be more affected than the mass-market sector, and has been steering CapitaLand towards the "first-time buyer" segment. "For Singapore residential, we aspire to do 8% to 10% of market share. But we won't do this at all costs. We will be rational in our approach and in acquiring land," Lim says. This year, CapitaLand plans to launch the remaining 542 units of D'Leedon, 292 units of Interlace, 359 units of Sky Habitat, and 120 units at Marine Point and 700 units at Bishan Street 14.
Meanwhile, in China, CapitaLand has some 4,000 residential units ready for launch. It also has sufficient landbank for a further 26,000 units. While China has also been trying to cool speculation in its property sector, Lim sees plenty of scope for growth. "For the last two years, we've been shifting our projects to the segment targeting first-time buyers. China is going through a phase of urbanisation and this will make up the demand for first-time homebuyers," he says. CapitaLand China's margins for its residential portfolio are in the range of 20% to 30%.
As part of its efforts to narrow its focus, CapitaLand has also been reviewing some of its non-core businesses. These include its business in Vietnam as well as ASX-listed property company Australand. Its other non-core businesses are Surbana Corp, an international consultancy and township development company; and StorHub, which provides storage facilities for individuals and companies. So far, the only non-core business CapitaLand has confirmed it will keep is its Vietnam business.
CapitaLand's project in Iskandar Malaysia comes amid a streamlining of its businesses. Since being appointed CEO in January this year, Lim has narrowed the group's focus to four main categories: Singapore (with Malaysia), China, CMA and The Ascott Ltd. He also wants to see the group's operating profit after tax and minority interests (Patmi) as well as operating return on equity (ROE) rise over time. "We are not happy with where we are today and we think we should be able to improve that over the next few years," he says. CapitaLand's ROE in 2012 was 6.7%.
Achieving this involves managing the balance of the group's various businesses. For instance, residential property development can be very profitable, but they take years to build. Moreover, under accounting rules, in China, earnings can only be recognised when homebuyers get their keys. On the other hand, shopping malls deliver value through rising net property income (NPI), which in turn yields revaluation gains. As these assets mature, CapitaLand often shunts them into REITs and funds, which then enables the group to reapply the capital to new developments that help drive its ROE.
The residential property business in Singapore has been under pressure recently because of the government's efforts to curtail speculation and dampen demand. Lim figures that the high-end residential market is likely to be more affected than the mass-market sector, and has been steering CapitaLand towards the "first-time buyer" segment. "For Singapore residential, we aspire to do 8% to 10% of market share. But we won't do this at all costs. We will be rational in our approach and in acquiring land," Lim says. This year, CapitaLand plans to launch the remaining 542 units of D'Leedon, 292 units of Interlace, 359 units of Sky Habitat, and 120 units at Marine Point and 700 units at Bishan Street 14.
Meanwhile, in China, CapitaLand has some 4,000 residential units ready for launch. It also has sufficient landbank for a further 26,000 units. While China has also been trying to cool speculation in its property sector, Lim sees plenty of scope for growth. "For the last two years, we've been shifting our projects to the segment targeting first-time buyers. China is going through a phase of urbanisation and this will make up the demand for first-time homebuyers," he says. CapitaLand China's margins for its residential portfolio are in the range of 20% to 30%.
As part of its efforts to narrow its focus, CapitaLand has also been reviewing some of its non-core businesses. These include its business in Vietnam as well as ASX-listed property company Australand. Its other non-core businesses are Surbana Corp, an international consultancy and township development company; and StorHub, which provides storage facilities for individuals and companies. So far, the only non-core business CapitaLand has confirmed it will keep is its Vietnam business.
Analysts figure CapitaLand's balance sheet could be enhanced if it offloads its non-core assets. Notably, some believe it to be close to unlocking value at Australand. "General Property Trust and Mirvac have been reported to seek to put up a joint bid for Australand. We expect divestment proceeds of $1.5 billion, based on the current price of $3.46 per share for Australand," notes Standard Chartered.
Ample capital for Iskandar
Will Malaysia be a major feature of CapitaLand's future plans as it refocuses its businesses? How large a bet is it making on Iskandar Malaysia? Can its stock climb higher?
CapitaLand certainly isn't short of capital to fund its plans in Iskandar Malaysia. Its share of the gross development value at A2 Island amounts to 4.3% of its asset size of $37.8 billion as at Dec 31. Its share of the initial cost of the project of $165.2 million can be easily funded internally. "At the corporate level, we have $3.3 billion of cash. We still have ample amounts of cash for our commitments," says Arthur Lang, chief financial officer of CapitaLand.
Wong Yew Kiang, an analyst at CLSA, figures that the group actually got a relatively good deal on the land. "We view the pricing of the joint-venture site at RM261 psf favourably," he says in a report. "[It is] a 31% discount to Chinese developer Country Garden Holdings' acquisition price of RM376 psf in Danga Bay just two months ago." The Danga Bay project could give CapitaLand margins of 15% and add three to four cents per share to revalued net asset value (RNAV).
Meanwhile, CEO Lim says CapitaLand is no stranger to Malaysia. While CapitaLand was only formed in 2000, through the merger of DBS Land and Pidemco Land, its units have been involved in Malaysia since the 1990s, Lim says. "We did some mezzanine financing for a residential project in Kuala Lumpur. The Marc Residence in KLCC was developed by CapitaLand," he adds.
For 2012, CapitaLand reported a 12% decline in earnings to $930 million, which was slightly above consensus profit forecasts. Standard Chartered is forecasting a 24.7% rise in earnings to $1.16 billion for this year and a further 11.7% rise to $1.32 billion for 2014. It puts CapitaLand's RNAV at $4.92 per share. Standard Chartered has an "outperform" rating on the stock, with a price target of $4.50.
A very comprehensive report on potential of iskandar by CIMB.
http://www.propcafe.net/iskandar-malaysia-review/
http://www.propcafe.net/iskandar-malaysia-review/
Agreed. Also the space, density, population growth factors are different in Johor.
Last edited:
Dear ... Actually I am telling you the truth, Singapore expense is not that expensive compare to JB. You know why? Because everything is under control by government every the food price also control.
Below is the reason I quote.
1) If you really walk into the housing area in Singapore (which means local HDB or wet market) the food in Singapore average is SGD 2.5 to SGD 3.0. But But the portion they serve is worth for the price. Not like JB is RM 4 to RM 5 is not worth for the price. If you not believe you check yourself.
2) If you compare to Sakae Sushi, JB and Sakae sushi, in SG you can feel also the same. SG served the big and large food portion.
3) Raw vegetable in Malaysia and SG both are the same price only difference is exchange RATE. (Exchange rate means of Singapore dollars and Malaysia Ringgit). Perhaps, raw vegetable plant in own land (major from Cameron Highland and some of the small town). But in Singapore is import from China. Remember, actually Malaysian businessman they add in the IMPORT DUTY and SALE TAX in (this all information you can get in THE book named The Malaysian Trade Classification and Customs Duties Order)
4) I am travel to major city in Asia (Hong Kong, Japan, Indonesia, Vietnam, Laos, Cambodia AND Singapore . MALAYSIA FOOD PRICE for LOCAL IS THE MOST EXPENSIVE again portion served is small (where makan pun tak kenyang). Kuala Lumpur lagi worst Salary come in pay tol, pay expensive food, pay car instalment, pay entertainment, pay parents and No saving to new house house. See see see … what the government contribution to us.
5) I am always scolding my friend and my colleague never ever complaint the living standard in SG, Hong Kong, Shanghai is expensive. But they have their quality. But in Malaysia as mine growing land I don’t feel have anything le. Please help me ….
Additional during my visit Hong Kong still able to find "Wan Tan Mee" with price of SGD 2 with 5 "wan tan" and Big prawn. In Malaysia how or not ... have la only goverment can have it
Many More …
Please correct me if I am wrong…
Below is the reason I quote.
1) If you really walk into the housing area in Singapore (which means local HDB or wet market) the food in Singapore average is SGD 2.5 to SGD 3.0. But But the portion they serve is worth for the price. Not like JB is RM 4 to RM 5 is not worth for the price. If you not believe you check yourself.
2) If you compare to Sakae Sushi, JB and Sakae sushi, in SG you can feel also the same. SG served the big and large food portion.
3) Raw vegetable in Malaysia and SG both are the same price only difference is exchange RATE. (Exchange rate means of Singapore dollars and Malaysia Ringgit). Perhaps, raw vegetable plant in own land (major from Cameron Highland and some of the small town). But in Singapore is import from China. Remember, actually Malaysian businessman they add in the IMPORT DUTY and SALE TAX in (this all information you can get in THE book named The Malaysian Trade Classification and Customs Duties Order)
4) I am travel to major city in Asia (Hong Kong, Japan, Indonesia, Vietnam, Laos, Cambodia AND Singapore . MALAYSIA FOOD PRICE for LOCAL IS THE MOST EXPENSIVE again portion served is small (where makan pun tak kenyang). Kuala Lumpur lagi worst Salary come in pay tol, pay expensive food, pay car instalment, pay entertainment, pay parents and No saving to new house house. See see see … what the government contribution to us.
5) I am always scolding my friend and my colleague never ever complaint the living standard in SG, Hong Kong, Shanghai is expensive. But they have their quality. But in Malaysia as mine growing land I don’t feel have anything le. Please help me ….
Additional during my visit Hong Kong still able to find "Wan Tan Mee" with price of SGD 2 with 5 "wan tan" and Big prawn. In Malaysia how or not ... have la only goverment can have it
Many More …
Please correct me if I am wrong…
Relax lah bro life is short happy first
I am ok, I am ok, else I already convert my citizenship already 
. HOPE THE PERSON WHO read it don't take into heart. i am telling the truth quotes
don't take into heart Yo ....
. HOPE THE PERSON WHO read it don't take into heart. i am telling the truth quotesdon't take into heart Yo ....
Only JB is expensive; when you move further up to other part of Johor; the price start to drop.
My friend always say; everywhere Singaporeans go' the price will go up. (eg. Batam, Bintam; JB)
You can spend SGD80 in Batam on Seafood dinner for 6 person. And this price only applicable to Singaporean visitors only.
My friend always say; everywhere Singaporeans go' the price will go up. (eg. Batam, Bintam; JB)
You can spend SGD80 in Batam on Seafood dinner for 6 person. And this price only applicable to Singaporean visitors only.
I am ok, I am ok, else I already convert my citizenship already
don't take into heart Yo ....
This is the fun part of forum.....
You can pretend to be angry; while you are laughing behind the keyboard.
You can pretend to be angry; while you are laughing behind the keyboard.
A US$2.6b project is already underway.
According to CIMB, there has been a rapid pickup in investment interests from Singapore property companies in Iskandar. Ascendas REIT's (AREIT) parent, Ascendas Land, has recently set up a 60:40 S$1.5bn joint venture with Malaysia’s UEM Land to develop an integrated eco-friendly tech park in Nusajaya.
Prompted by a dearth of attractive acquisition targets and its dominant SME exposure, Mapletree Industrial Trust has also indicated the possibility of following its tenants’ foot-steps to Iskandar when its pure-local mandate expires in Oct 2013.
Here's more from CIMB:
Cache and Cambridge have sounded a similar note, indicating the possibility of emulating the action of certain tenants by expanding into Iskandar.
CapitaLand's move to acquire a plot of land in Danga Bay is perhaps the most significant recognition of Iskandar’s potential by a Singapore-based player.
The largest developer in South East Asia by market capitalisation acquired the piece of land with 11m sq ft of GFA for US$259m, through a 51:40:9 JV with Iskandar
Waterfront Sdn Bhd (IWSB) and Temasek Holdings, as announced by CapitaLand on Feb 19.
The site is located 30 minutes away from the Tuas Second Link by car. CapitaLand will be the master planner for the mixed development, which is expected to be completed in 10-15 years' time and has an estimated GDV of RM8.1bn (US$2.6bn).
Lim Ming Yan, CapitaLand’s new CEO, said that Malaysia and Singapore's economies complement each other and believes that it is only natural for more Singapore-based developers (such as CapitaLand) to increase its investment exposure at Iskandar.
He is positive on the its long-term prospects and sees demand coming from Johor, other parts of Malaysia, Malaysians working in Singapore and Singaporeans.
We understand that there has been an immediate uptick in the asking prices for condominiums in Iskandar after CapitaLand announced its Danga Bay foray.
According to CIMB, there has been a rapid pickup in investment interests from Singapore property companies in Iskandar. Ascendas REIT's (AREIT) parent, Ascendas Land, has recently set up a 60:40 S$1.5bn joint venture with Malaysia’s UEM Land to develop an integrated eco-friendly tech park in Nusajaya.
Prompted by a dearth of attractive acquisition targets and its dominant SME exposure, Mapletree Industrial Trust has also indicated the possibility of following its tenants’ foot-steps to Iskandar when its pure-local mandate expires in Oct 2013.
Here's more from CIMB:
Cache and Cambridge have sounded a similar note, indicating the possibility of emulating the action of certain tenants by expanding into Iskandar.
CapitaLand's move to acquire a plot of land in Danga Bay is perhaps the most significant recognition of Iskandar’s potential by a Singapore-based player.
The largest developer in South East Asia by market capitalisation acquired the piece of land with 11m sq ft of GFA for US$259m, through a 51:40:9 JV with Iskandar
Waterfront Sdn Bhd (IWSB) and Temasek Holdings, as announced by CapitaLand on Feb 19.
The site is located 30 minutes away from the Tuas Second Link by car. CapitaLand will be the master planner for the mixed development, which is expected to be completed in 10-15 years' time and has an estimated GDV of RM8.1bn (US$2.6bn).
Lim Ming Yan, CapitaLand’s new CEO, said that Malaysia and Singapore's economies complement each other and believes that it is only natural for more Singapore-based developers (such as CapitaLand) to increase its investment exposure at Iskandar.
He is positive on the its long-term prospects and sees demand coming from Johor, other parts of Malaysia, Malaysians working in Singapore and Singaporeans.
We understand that there has been an immediate uptick in the asking prices for condominiums in Iskandar after CapitaLand announced its Danga Bay foray.
KUALA LUMPUR- Iskandar Regional Development Authority (Irda) is eyeing up to six international theme parks in Iskandar Malaysia within the next two or three years.
Its chief executive, Datuk Ismail Ibrahim, said Iskandar Malaysia currently has two theme parks - Legoland Malaysia and Hello Kitty.
"We are in talks with several international theme park companies.
"We are not in the position to reveal the names yet as they are still under intend discussions," he said on the sidelines of the second Global Free Trade & Special Economic Zones Exhibition and Summit, here, yesterday.
Ismail said the launch of Pinewood Iskandar Malaysia studio in Medini Iskandar Malaysia in May was expected to further enhance the economic region's appeal to international investors, especially those in the creative industry.
"Pinewood Iskandar Malaysia Studios will provide full-fledged facilities and support services for film production.
"Apart from the development infrastructure, Irda and Pinewood Iskandar are jointly conducting training for film production professionals to meet the requirements of the studio's clients," he said.
Meanwhile, Malaysian International Chamber of Commerce and Industry and the Higher Corp for Specialised Economic Zones also signed a memorandum of understanding on engaging in cooperative activities of common interest and mutual benefit.
The Global Free Trade & Special Economic Zones Exhibition and Summit is the world's leading platform to link foreign direct investments, manufacturers, industry and investors directly with global locations for their business.
-Bernama
Its chief executive, Datuk Ismail Ibrahim, said Iskandar Malaysia currently has two theme parks - Legoland Malaysia and Hello Kitty.
"We are in talks with several international theme park companies.
"We are not in the position to reveal the names yet as they are still under intend discussions," he said on the sidelines of the second Global Free Trade & Special Economic Zones Exhibition and Summit, here, yesterday.
Ismail said the launch of Pinewood Iskandar Malaysia studio in Medini Iskandar Malaysia in May was expected to further enhance the economic region's appeal to international investors, especially those in the creative industry.
"Pinewood Iskandar Malaysia Studios will provide full-fledged facilities and support services for film production.
"Apart from the development infrastructure, Irda and Pinewood Iskandar are jointly conducting training for film production professionals to meet the requirements of the studio's clients," he said.
Meanwhile, Malaysian International Chamber of Commerce and Industry and the Higher Corp for Specialised Economic Zones also signed a memorandum of understanding on engaging in cooperative activities of common interest and mutual benefit.
The Global Free Trade & Special Economic Zones Exhibition and Summit is the world's leading platform to link foreign direct investments, manufacturers, industry and investors directly with global locations for their business.
-Bernama
agree that things in big town are pricey. but try to search deeper in outskirts small towns. prices are cheaper if you know where to find.
over the weekend, my family(3 adults) went over to bentong. Paid RM30 for 3 bowls of beef noodle with 1 additional add-on mixed beef parts, 3 cups kopi ping with 4 slices of hainanese steam buttter kaya bread and yet there's still change ! mind you the portion of food is generous. not too sure what you can get for RM30 these days for breakfast in town
over the weekend, my family(3 adults) went over to bentong. Paid RM30 for 3 bowls of beef noodle with 1 additional add-on mixed beef parts, 3 cups kopi ping with 4 slices of hainanese steam buttter kaya bread and yet there's still change ! mind you the portion of food is generous. not too sure what you can get for RM30 these days for breakfast in town
It is better to invest that money to buy a semi-D or bungalow in Iskandar. KL has over-supply of condos for the next few years.
Just an agent pushing what is available to sell....
What does he know about investment.
What does he know about investment.
How K residence with a 150m underground linkway to KLCC twin tower at lower RMpsf?
Maybe you can tell us what your own in your property portfolio.
So we can judge how good you are.
So we can judge how good you are.
Well it depends on your investment objective.
(1) KLCC prime location condo/service apartment eg FACE @ KLCC
+ safe investment due to prime location, future launches may be further away from KLCC or higher price if due to Enbloc
+ unique SOHO concept that's catching on in good central locations (rather than paying for Grade A office space & having to rent an apartment again, save with SOHO)
+ KL has bigger population of professionals than Iskandar at the moment is projected to increase faster than Iskandar, with higher income levels. So they will pick the best apartments to stay in if all else is equal
- Further away from Singapore & not so practical for retirement home
(2) Semi-D or Bungalow in Iskandar eg Bestari Heights (www.singaporepropertyforsale.info/bestari-heights)
+ Lower Psf than condos across Malaysia, bigger space & better than commodity terrace houses (all Malaysians start with terrace houses)
+ Many catalytic developments in Iskandar are pointing to real estate growth (good growth potential compared to Horizon Hills selling RM800K higher for semi-D of the same size)
+ Increasing demand from future tenants (eg universities, hospitals, industries, tourism, etc) who prefer space compared to smaller condo units
+ Demand from Singaporeans looking as alternative homes or retirement homes in future, with landed houses costing only S$450K now, can't even buy resale HDB. Plus foreigners/PRs working in Singapore who prefer to pay lower rent & enjoy bigger space by staying in Nusajaya (relatively safe, new infrastructure, near Singapore)
- Rental demand not so strong currently and may have lower yield to start with
Let me know if you need more info or to discuss
Similar threads
