Malaysian Government not blood suckers ma...
http://www.starproperty.my/index.ph...to-extend-the-lease-for-leasehold-properties/
They are...but not as world class as Singapore...LOL!
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Puteri Harbour Community
- Thread starter Qube3
- Start date
They are...but not as world class as Singapore...LOL!
Malaysian Government not blood suckers ma...
http://www.starproperty.my/index.ph...to-extend-the-lease-for-leasehold-properties/
No wonder i always hear that KL folks are 'úsed to buying a leasehold property and no issue with it', but do note that medini is different, it's one of it's kind. It is a lease on a freehold land owned by Iskandar investment berhad. Any renewal will have to be with this private limited and not with the government. Maybe 129 years later the land will be as valuable as shenton way, they will want to take back and built a multi billion condo. Anyway i will not be there to find out :p
And you get to own whats below your land too if I am not wrong. Maybe is that why they are called Land & Mines Dept
No. You buy only the right to use the land for your purpose ie dwelling.
Anything else need to apply to the Government. And whatever inside there will be taxed.
Basic Malaysia Property Knowledge
http://www.propertymalaysiainvestment.com/basic-property-knowledge/
Try to avoid leasehold land in Malaysia due to various restrictions and potential inheritance issue (for foreigners).
http://www.propertymalaysiainvestment.com/basic-property-knowledge/
Try to avoid leasehold land in Malaysia due to various restrictions and potential inheritance issue (for foreigners).
This is an excellent property website. Thks!
There is a discussion going on btw a high-end Sporean property developer with UEM to develop a the land facing the public marina ( which was rumoured to be Fullerton Hotel but never materialise ultimately ).
The land is currently an open space carpark and the said land is just next to Convention Centre which is going to undergo massive construction soon.. If the talk goes through, this building will be the highest hotel in Southern part of Malaysia.
Cant reveal anything more as this has not been finalised.. Not a rumour but real talks going on
Anyway, with Frasers, Pan Pacific, Sheraton Hotels, Asscot all coming into the game, I just don't think they are all so dumb to throw their money into this part of Malaysia. Surely all of them knows something about the statistics. Real Statistics I mean, not those propanganda shit from Singapore's Straits Time.
Straits Time. Read only the Good Stuff ( About Singapore )
The land is currently an open space carpark and the said land is just next to Convention Centre which is going to undergo massive construction soon.. If the talk goes through, this building will be the highest hotel in Southern part of Malaysia.
Cant reveal anything more as this has not been finalised.. Not a rumour but real talks going on
Anyway, with Frasers, Pan Pacific, Sheraton Hotels, Asscot all coming into the game, I just don't think they are all so dumb to throw their money into this part of Malaysia. Surely all of them knows something about the statistics. Real Statistics I mean, not those propanganda shit from Singapore's Straits Time.
Straits Time. Read only the Good Stuff ( About Singapore )
If the land is dirt cheap why not? After all most hotel chains are just management contracts, worth to risk.
They are...but not as world CRASS as Singapore...LOL!
so all these hotels so dumb and all choose to risk at same place ? why not they all build at Sentosa , JBCC ? They dun need to answer to their bosses ?
Cost super high, risk high. Iskandar costs low, risks also low.
Gamble at high stakes table? or gamble on $5 bet table?
Which would you decide?
and u think the boss will say good job when u gamble with co funds ? LOL .
Cost lower at Ipoh, Muar etc, why dun they build there ??
All high level jobs need to take gambles, as long as the big boss approves, who is to say anything?
Please don't sprout rubbish statements just to make a point. You can start yawning now.
Better to buy when all restaurants is empty..
when it's full house, developers will hang themselves up and sell it to u..:p
What if they remain empty? You hang yourself?
who was the one who brought up the gambling rubbish first ? so u hv no answer to my question on why all the hotel choose to build at PH rather than Ipho or Muar ? much cheaper there .
There is absolutely no chance at all to make money there, in Iskandar there is very slim chance. It is like stuck between the devil and the deep blue sea and forced to make a choice, both will lead to doom.
Slim chance for me in Iskandar is always better than no chance for me back in Singapore.
ya right, slim chance and some many big boys can convince their bosses to 'gamble' at PH ? They can always choose not to invest and stay still ,no ?
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