i have been doing this for more than 20 years already.
I made a Big Conference table in Jb and got it transported to Singapore. I designed it myself and got a carpenter to make it. The total cost saved me 70%
I also bought King Sized Slumberland bed with mattress from Jb and got it sent to Singapore. Same model sold in Singapore. But i got it 40% cheaper by buying from Johor. Saved few thousand ringgit.
I also bought a silent piano from Yamaha in Johor. It was imported from Japan. Same one sold in Spore will be several thousands more expensive.
Once my MPV in Spore broke down. Cycle Carriage charge me more than Rm10,000 to repair it.
I got the Mpv towed to Johor and got it repaired for only Rm1,200 Saved me almost Rm9,000 i think.
I think i have saved hundreds of thousands of ringgit by shopping in Johor
If you are investing in properties, you want to buy in an area where there are no more possible new developments (land restriction). That way you can invest correctly instead of investing for your pleasure only. New developments continue to take place, today this flower is better I come here, tomorrow that flower is better I go there, always one-night stand. How to make money or accumulate long-term value (if you are a girl) you tell me? You don't want to invest for investing purpose where there are too many choices for the buyers so the market becomes a buyer market instead of a seller market. Get it dumb dumb. That explains why Johor has the higest rate of unsold properties. Ulu Tiram also can you said in your article (a town built under some underpass)? How you tell me?
ekovest was good when it received lots of job awards... so prices have already gone up.
and prices went up event more due to Bandar Malaysia.
Now that it failed to secure Bandar Malaysia its price has been sold down.
And the latest news of ekovest taking over IWCity caused even further sell down.
From here things are rather murky. Buying into IWCity at this juncture will impede any upward movements as IWCity will be a huge burden. I visited those IWCity lands in Permas Jaya twice and took photos. They are located near the wilder site of Permas Jaya. It will take at least 3 to 5 years to develop these greenfield lands.
At over Rm20 psf they are not expensive. But i think UEMS is far cheaper at only Rm5.80 book value.
i have photos of IWCity and also UEMS lands. For 10baggar10 only pls whataspp me. identify yourself and i will whataspp you the photos
Posted by Junichiro > Nov 19, 2017 06:24 PM | Report Abuse
Hi Calvin, those unsold properties u mentioned, got flooding or not?
Most of those unsold properties are located in good areas.
They are mostly expensive High End High Rise Condos over Rm700,000
Few buyers and very hard to secure Bank loans
These are hot cakes in Iskandar
All New Single Storey houses below Rm300,000 Last time outside KSeng Office in Tmn Daya people queued 6 days and 6 nights. All sold within one hour of launching.
Now no more.
All double storey houses below Rm500,000
Mahsing still got units for sale in Tmn Kota Masai. At Rm404,000 a unit. Ecoworld 2 storey in Kota Masai now priced over Rm500K
Both are bargains. Better go grab them while cheap!
Posted by apolloang > Nov 19, 2017 04:06 AM | Report Abuse
Johor is like butterworth landbank too huge to appreciate much.penang is like Singapore an island,land scarce.i always tell my frens better buy properties in penang than butterworth cos penang properties appreciate much faster
In a way yes. Islands are more exclusive so prices are higher in Penang than Butterworth & Singapore more expensive than Johor
But it all depend on these 2 factors:
1) If Houses in Singapore are priced in multi millions - then Johor prices will also be pulled up as well. And the connecting RTS & HSR will improve connectivity.
See it was New York boom that lifted up New Jersey
With the second Penang Bridge & IKEA going into Batu Kawan Big Time the real estate prices will go up as well
2) At one time Shenzhen was a backwater village of very little value under communist rule. Its land prices were only 2% to less than 5% compared to neighboring Hong Kong Island
In year 1980 Deng Xiopeng opened up Shenzhen as A FREE TRADE ZONE.
The next 30 years saw the greatest boom on earth. Shenzhen population jumped from less than 1 million to over 11 million people (a growth of more than 1,000%)
Finally to the astonishment of all - Shenzhen house prices HAVE OVERTAKEN HONG KONG. Really amazing
30 years ago boon siew land in butterworth beside chai leng park a swamp land,until now still the same.so u see always buy the quality one in penang cannot buy in butterworth....hehe. in 1980 island glades house in penang cost 100k vs bukit mertajam 100k now island glade house 2 mil,bkt mertajam one 400k only
When Sentosa Island landed houses were opened to Foreign Buyers prices shot up to the sky in year 2007. After that prices kept going down till now - 10 years downtrend. So don't overpay.
Last time in Bandar Utama they converted rubber estates to houses. Houses so far away from KL? Only Rm160k a unit.
Posted by Lk036 > Nov 19, 2017 09:35 PM | Report Abuse Actually Johor land condition is so good. Most of the land is quite flat. Easy for development. Not so hilly like other states. In addition the land in Johor is very suitable for argriculture such as oil palm, vegetable and also fruit.
u r wrong.that's why I told u buy on location.my place mostly consist of foreigniers and expatriates.850k for them is cheap.these kinda people won't buy in Johor or butterworth.rich people from medan,japanese,koreans,eurpeans,aussies.penang is a tourist destination.u know my uncle from penang migrate to singaore why not Johor? he told me Johor many robbers......hahaha
spore prices is super peak at that time....pg still ok.also SGD very high compare to ringgit.even foreigners will feel the pinch.in penang now must avoid mah sing projects cos a bit high price now and location also far from town.that is why when wanna invest in either properties or stocks one have to study 1st before investing
Penang was a very nice place to stay in year 1979 and 1980
Swimming in Batu Ferringhi seaside was great. Traveling Penang round island was eccellent. All kinds of Penang food fantastic.
That was then. Now i think Iskandar is far better due to these reasons
1. Tsunami hit Penang. I visited Tg Bungah after the Tsunami. They told me floods and mud entered their seaside homes. And some people got killed in the tsunami. So Penang is not safe. Bigger tsunami might come later.
2. Penang too congested. Too many cars now. Iskandar is just like Penang in 1979. Traveling here is a breeze
3. Penang hillside houses might see more erosion. Due to climate change ecpect more heavier rainfall than usual. If one or two highrise condos collapse in Penang like Highland Towers last time. Condo price will crash by 20% or more.
4. Penang houses very expensive but wages are low compared to KL or Johoreans working in Spore.
5. BEST OPTION IS. YOU CAN SELL THE HOUSES IN ISLAND GLADES, GREEN LANE, PULAU TIKUS OR TANJUNG BUNGAH AND BUY 3 SIMILAR HOUSES IN BOOMING ISKANDAR.
Penang was a very nice place to stay in year 1979 and 1980
Swimming in Batu Ferringhi seaside was great. Traveling Penang round island was eccellent. All kinds of Penang food fantastic.
That was then. Now i think Iskandar is far better due to these reasons
1. Tsunami hit Penang. I visited Tg Bungah after the Tsunami. They told me floods and mud entered their seaside homes. And some people got killed in the tsunami. So Penang is not safe. Bigger tsunami might come later.
2. Penang too congested. Too many cars now. Iskandar is just like Penang in 1979. Traveling here is a breeze
3. Penang hillside houses might see more erosion. Due to climate change ecpect more heavier rainfall than usual. If one or two highrise condos collapse in Penang like Highland Towers last time. Condo price will crash by 20% or more.
4. Penang houses very expensive but wages are low compared to KL or Johoreans working in Spore.
5. BEST OPTION IS. YOU CAN SELL THE HOUSES IN ISLAND GLADES, GREEN LANE, PULAU TIKUS OR TANJUNG BUNGAH AND BUY 3 SIMILAR HOUSES IN BOOMING ISKANDAR.
Penang was a very nice place to stay in year 1979 and 1980
Swimming in Batu Ferringhi seaside was great. Traveling Penang round island was eccellent. All kinds of Penang food fantastic.
That was then. Now i think Iskandar is far better due to these reasons
1. Tsunami hit Penang. I visited Tg Bungah after the Tsunami. They told me floods and mud entered their seaside homes. And some people got killed in the tsunami. So Penang is not safe. Bigger tsunami might come later.
2. Penang too congested. Too many cars now. Iskandar is just like Penang in 1979. Traveling here is a breeze
3. Penang hillside houses might see more erosion. Due to climate change ecpect more heavier rainfall than usual. If one or two highrise condos collapse in Penang like Highland Towers last time. Condo price will crash by 20% or more.
4. Penang houses very expensive but wages are low compared to KL or Johoreans working in Spore.
5. BEST OPTION IS. YOU CAN SELL THE HOUSES IN ISLAND GLADES, GREEN LANE, PULAU TIKUS OR TANJUNG BUNGAH AND BUY 3 SIMILAR HOUSES IN BOOMING ISKANDAR.
Penang was a very nice place to stay in year 1979 and 1980
Swimming in Batu Ferringhi seaside was great. Traveling Penang round island was eccellent. All kinds of Penang food fantastic.
That was then. Now i think Iskandar is far better due to these reasons
1. Tsunami hit Penang. I visited Tg Bungah after the Tsunami. They told me floods and mud entered their seaside homes. And some people got killed in the tsunami. So Penang is not safe. Bigger tsunami might come later.
2. Penang too congested. Too many cars now. Iskandar is just like Penang in 1979. Traveling here is a breeze
3. Penang hillside houses might see more erosion. Due to climate change ecpect more heavier rainfall than usual. If one or two highrise condos collapse in Penang like Highland Towers last time. Condo price will crash by 20% or more.
4. Penang houses very expensive but wages are low compared to KL or Johoreans working in Spore.
5. BEST OPTION IS. YOU CAN SELL THE HOUSES IN ISLAND GLADES, GREEN LANE, PULAU TIKUS OR TANJUNG BUNGAH AND BUY 3 SIMILAR HOUSES IN BOOMING ISKANDAR.
why sell at exquisite areas and buy the low class areas? it is like moving from penang to butterworth or taman tun to klang.....this is downgrade.i wouldn't do that......hehe
in 2008 a penthouse in penang cost 800k,a 3 storey bunglow in simpang empat butterworth 500k now 9 years later the penthouse in penang cost 1.7 mil and the bunglow in simpang empat wif a Japanese pond cost less than 800k
Simpang empat is like Maran. Iskandar is like Shenzhen.
Two with totally different prospects
SHENZHEN IS WORLD'S FACTORY
ISKANDAR HAS WORLD CLASS UNIVERSITIES. WORLD CLASS HOSPITALS. WORLD CLASS THEME PARKS LIKE LEGOLAND. PINEWOOD STUDIO. WORLD CLASS REFINERY IN RAPID PENGERANG. WORLD CLASS ISLAND IN FOREST CITY. ALSO SILC. HALAL PARK. TWO OCEAN PARKS IN DESARU. PLUS FIRST WORLD NEIGHBOUR IN SINGAPORE
THE ONLY THING IS PRICES STILL VERY LOW.
SO THIS IS ISKANDAR'S BEST KEPT SECRET
NOW THE BIGGEST IKEA IN SOUTH EAST ASIA HAS OPENED. ALL FULLY PACKED THESE 4 DAYS
LEGOLAND and pinewood can compare to universal studios? Johor is like butterworth,singapore is like penang.same goes to tmn tun compare to klang.diffrent category.like Honda against proton
look at design village in batu kawan,for penang people wanna go there also consider so far and bored to go there but many from butterworth rather coming to queensbay mall in penang.if I staying in spore I rather go to ION orchard than go to Johor design village or ikea
1) FOREST CITY 2) PENGERANG's RAPID 3) MEDINI: Puteri Harbour & Sanrio Kitty 4) JPO 5) HORIZON HILL & NUSAJAYA 6) EDUCITY 7) SILC & ASCENDAS TECH PARK 8) HSR STATION IN GERBANG NUSAJAYA 9) JOHOR HAS 3 HSR STATIONS while Buterworth & Penang got none 10) Senai Airport. Pontain Airport being planned 11) 3 Seaport: PTP Port, Johor Port & Tg Langsat Port 12) AND MORE BEING PLANNED Like South Key MegaMall, Paradigm Mall, Capital City 21 13) HALAL PARK in Masai 14) ECOWORLD IS HERE IN BIG TIME 15) AUSTIN WATER PARK 16) DESARU 2 OCEAN PARKS OPENING SOON 17) PINEWOOD STUDIO 18) SUNWAY PENDAS 2 WORLD CLASS PARKS IN PLANNING 19) SIME DARBY PARK & PALM OIL CLUSTERS IN TG LANGSAT 20) CYBER PARK IN SEDENAK 21) FURNITURE EXPORT FACTORIES IN MUAR 22) E&E IN SENAI: VS & SKP RES & OTHERS 23) HERSHEY CHOCO FACTORY IN SENAI
SO MANY GOOD THINGS FROM FDI
A TRILLION ECONOMY MAKES ISKANDAR THE NEXT SHENZHEN (Both Butterworth & Penang will pale in comparison)
Go where economic development is going to boom in the next decade or so. Go with the smart money. That needs some foresight to decipher. Is it going to be Iskandar Johore, Butterworth Penang or Orchard Road Singapore?
KSL is the main beneficialry of Ikea opening. KSL has a few hundred acres on-going developments in that area. KSL are developing linked houses in Taman Bestari Indah and Taman Bukit Jaya which are very near to Ikea. The demand for linked houses are still high especilaly from those Johoreans who work in Singapore.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,463 posts
Posted by calvintaneng > 2017-11-19 09:32 | Report Abuse
Hi guys,
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