investing in neighbour country

**sean see** · 14-12-12, 19:49

http://www.businesstimes.com.sg/premium/top-stories/johor-land-getting-pricier-growing-demand-20121214

Johor land getting pricier on growing demand
Land values in Johor have crept up in the last few years as a result of the growing demand for industrial land and buildings - although at a pace slower than that in the Klang Valley and in Penang. A number of factors account for this. One is the growth of the Port of Tanjung Pelepas. Another is the recent developments between Malaysia and Singapore, specifically the joint-venture projects between their companies. An example is Singapore's Ascendas Land International Pte Ltd and Malaysia's UEM Land coming together to build a RM3.7 billion (S$1.48 billion) integrated tech park in Nusajaya. Property consultants say a growing number of Singapore companies are beginning to seriously consider building factories in the southern state.

with the up and coming iskandar, will JB be the next alternative to invest beside singapore?

**FREDDIE** · 14-12-12, 21:41

Originally Posted by sean see

http://www.businesstimes.com.sg/premium/top-stories/johor-land-getting-pricier-growing-demand-20121214

Johor land getting pricier on growing demand
Land values in Johor have crept up in the last few years as a result of the growing demand for industrial land and buildings - although at a pace slower than that in the Klang Valley and in Penang. A number of factors account for this. One is the growth of the Port of Tanjung Pelepas. Another is the recent developments between Malaysia and Singapore, specifically the joint-venture projects between their companies. An example is Singapore's Ascendas Land International Pte Ltd and Malaysia's UEM Land coming together to build a RM3.7 billion (S$1.48 billion) integrated tech park in Nusajaya. Property consultants say a growing number of Singapore companies are beginning to seriously consider building factories in the southern state.

with the up and coming iskandar, will JB be the next alternative to invest beside singapore?

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What we worry is no or very few second hand market.

**graveyard** · 15-12-12, 02:17

Originally Posted by sean see

http://www.businesstimes.com.sg/premium/top-stories/johor-land-getting-pricier-growing-demand-20121214

Johor land getting pricier on growing demand
Land values in Johor have crept up in the last few years as a result of the growing demand for industrial land and buildings - although at a pace slower than that in the Klang Valley and in Penang. A number of factors account for this. One is the growth of the Port of Tanjung Pelepas. Another is the recent developments between Malaysia and Singapore, specifically the joint-venture projects between their companies. An example is Singapore's Ascendas Land International Pte Ltd and Malaysia's UEM Land coming together to build a RM3.7 billion (S$1.48 billion) integrated tech park in Nusajaya. Property consultants say a growing number of Singapore companies are beginning to seriously consider building factories in the southern state.

with the up and coming iskandar, will JB be the next alternative to invest beside singapore?

this is already happening

google nusajaya, horizon hill, east ledang, puteri harbour

**graveyard** · 15-12-12, 02:19

Originally Posted by FREDDIE

What we worry is no or very few second hand market.

if ur area is prime, 2nd hand market is robust. if you monitor JB market closely over the past years, you will know it has experienced what property market in SG has experienced. Owners easily make RM100K onwards on subsales, its not uncommon to gain RM200K

**hyenergix** · 15-12-12, 05:52

Originally Posted by graveyard

if ur area is prime, 2nd hand market is robust. if you monitor JB market closely over the past years, you will know it has experienced what property market in SG has experienced. Owners easily make RM100K onwards on subsales, its not uncommon to gain RM200K

True for my case

**mcmlxxvi** · 15-12-12, 09:27

Any gain is on paper until realised. For msia there is policy risk IMO.

If one day suddenly they hantak kaki on the policy that's it you're stuck.

**hyenergix** · 15-12-12, 10:00

It will b good as long as bilateral ties r OK like now. If anything goes wrong, I'm prepared to write it off. Overseas investment r inherently risky but I think I have done enough homework on this one.

**mcmlxxvi** · 15-12-12, 11:09

Originally Posted by hyenergix

It will b good as long as bilateral ties r OK like now. If anything goes wrong, I'm prepared to write it off. Overseas investment r inherently risky but I think I have done enough homework on this one.

That's true.... with the way that govt / govt backed outfits are going in as well, it will boom for yet another 5-10 yrs at least.

**radha08** · 15-12-12, 11:11

please make sure u got spare tyre if going jb...

**radha08** · 15-12-12, 11:15

http://edm.iproperty.com/my/ScudaiDev/SG/index.html

**sean see** · 15-12-12, 11:16

Yes totally agreed. Make sure u have enough spare $ utimately Singapore is still relatively protected by the govt

**phantom_opera** · 15-12-12, 11:20

Zhuhai prime condo is 1/5 of psf of Hong Kong NT(East) and NT (West) condo

JB prime should therefore be 1/5 psf of Woodlands

say Woodlands is SGD 1000psf then JB prime should be 200psf = RM500psf so RM 500k for 1000sqft home

other than freehold landed vs 70y leasehold condo in Zhuhai, the price gap is sama sama, I would say just buy something in case you cannot retire in Singapore then rent out everything here and go stay in JB (by then crime issue should be solved liao)

**mcmlxxvi** · 15-12-12, 11:21

Ha. bro radha is really referring to real spare tyre.

**mcmlxxvi** · 15-12-12, 11:22

Originally Posted by phantom_opera

Zhuhai prime condo is 1/5 of psf of Hong Kong NT(East) and NT (West) condo

JB prime should therefore be 1/5 psf of Woodlands

say Woodlands is SGD 1000psf then JB prime should be 200psf = RM500psf so RM 500k for 1000sqft home

it is already there, I would say just buy something in case you cannot retire in Singapore then rent out everything here and go stay in JB (by then crime issue should be solved liao)

mai tuleow..... sooooooooo cheeeeeeeeeeeepppppppppp SGD153psf

**phantom_opera** · 15-12-12, 11:24

Originally Posted by mcmlxxvi

mai tuleow..... sooooooooo cheeeeeeeeeeeepppppppppp SGD153psf

a lot of Malay Singaporeans have holiday homes in JB or they will share a van go shop until drop in JB during weekends ... back with full van of groceries

if you have been to Bukit Indah Jusco ... you will realize how expensive Singapore is, just check prices of JCO coffee/donut

**radha08** · 15-12-12, 11:27

Originally Posted by mcmlxxvi

Ha. bro radha is really referring to real spare tyre.

yes bro last week i went jb...kns tyre punctured...lucky i had spare and all tools to change...blady small roads are a nightmare

**graveyard** · 15-12-12, 13:07

Originally Posted by mcmlxxvi

Any gain is on paper until realised. For msia there is policy risk IMO.

If one day suddenly they hantak kaki on the policy that's it you're stuck.

the lower price u are paying (comparing to sg property after currency conversion) is compensation for taking up additional risk in investing in msia (including political risk)

i think peter lim and those scores of MNC setting up shops at nusajaya will be in much deeper trouble than all of us here who are investing in msia property

**graveyard** · 15-12-12, 13:10

Originally Posted by phantom_opera

Zhuhai prime condo is 1/5 of psf of Hong Kong NT(East) and NT (West) condo

JB prime should therefore be 1/5 psf of Woodlands

say Woodlands is SGD 1000psf then JB prime should be 200psf = RM500psf so RM 500k for 1000sqft home

other than freehold landed vs 70y leasehold condo in Zhuhai, the price gap is sama sama, I would say just buy something in case you cannot retire in Singapore then rent out everything here and go stay in JB (by then crime issue should be solved liao)

JB city condos already hit RM1000psf. Banking on the RTS by 2018

**graveyard** · 15-12-12, 13:17

Originally Posted by phantom_opera

a lot of Malay Singaporeans have holiday homes in JB or they will share a van go shop until drop in JB during weekends ... back with full van of groceries

if you have been to Bukit Indah Jusco ... you will realize how expensive Singapore is, just check prices of JCO coffee/donut

prices in bukit indah is considered expensive to malaysian because its location is prime. if u go to outskirts like tampoi, tun aminah, skudai etc, things are cheaper and u get more stretch on ur SGD

**DC33_2008** · 15-12-12, 13:50

Our senior minister of state for MTI and MND is endorsing on the potential of iskandar. Association of SMEs really has the backing from garment now.

**mcmlxxvi** · 15-12-12, 14:03

Originally Posted by graveyard

prices in bukit indah is considered expensive to malaysian because its location is prime. if u go to outskirts like tampoi, tun aminah, skudai etc, things are cheaper and u get more stretch on ur SGD

I ever dated a F4 look alike riding a Phantom bike from Skudai....

**graveyard** · 15-12-12, 16:10

Originally Posted by DC33_2008

Our senior minister of state for MTI and MND is endorsing on the potential of iskandar. Association of SMEs really has the backing from garment now.

Spore increased investment stake in Iskandar

http://sg.news.yahoo.com/spore-remai...1--sector.html

**DC33_2008** · 15-12-12, 16:16

Heard Teega at puteri harbour two towers already sold out and the last tower launching this weekend will be sold out too. Most buyers are foreigners. Not surprise to see singaporean in the queue.

Originally Posted by graveyard

Spore increased investment stake in Iskandar

http://sg.news.yahoo.com/spore-remai...1--sector.html

**graveyard** · 15-12-12, 16:21

Originally Posted by DC33_2008

Heard Teega at puteri harbour two towers already sold out and the last tower launching this weekend will be sold out too. Most buyers are foreigners. Not surprise to see singaporean in the queue.

Encorp Marine, Pinetree and Teega are 3 main condos at PH. People Q since 5am on first day of previeew launch. Many angmoh like the place (similar to their lifestyle back home -same with east ledang) and quite a number of buyers is angmoh. there is a CIQ there with ferry services from PH to HarborFront so most of buyers are looking at either own stay or renting out to people working in Spore) - thats why even Encorp Marine condo is quickly sold out even at RM1300psf which is crazy in current property market in JB.

Marina view units are snapped up by VVIP i heard ..those who buy 25units and above

**DC33_2008** · 15-12-12, 16:36

Make sense for a FH unit with marina view at a fraction of the cost compared to reflection at keppel? Heard ferry will be leaving from harbour front to the puteri harbour in the first quarter of next year.

Originally Posted by graveyard

Encorp Marine, Pinetree and Teega are 3 main condos at PH. People Q since 5am on first day of previeew launch. Many angmoh like the place (similar to their lifestyle back home -same with east ledang) and quite a number of buyers is angmoh. there is a CIQ there with ferry services from PH to HarborFront so most of buyers are looking at either own stay or renting out to people working in Spore) - thats why even Encorp Marine condo is quickly sold out even at RM1300psf which is crazy in current property market in JB.

Marina view units are snapped up by VVIP i heard ..those who buy 25units and above

**graveyard** · 15-12-12, 16:40

Originally Posted by DC33_2008

Make sense for a FH unit with marina view at a fraction of the cost compared to reflection at keppel.

yeaa. reflection at RM5000psf vs Encorp Marine at RM1300psf. Reflection at harborfront, Encorp can reach harborfront by ferry. Reflection leasehold, Encorp FH. no brainer for foreign investors. not sure how the ferry service work out though, operational by Q2 2013

**DC33_2008** · 15-12-12, 16:48

Heard that it will go over batam too. Got an Angmos Friend who works in CBD purchase a unit at puteria harbour. Lots of company like public listed company (yongnam which provides structural steel system to MBS and quite a no. of mrt projects), khong Guan, etc

Originally Posted by graveyard

yeaa. reflection at RM5000psf vs Encorp Marine at RM1300psf. Reflection at harborfront, Encorp can reach harborfront by ferry. Reflection leasehold, Encorp FH. no brainer for foreign investors. not sure how the ferry service work out though, operational by Q2 2013

**graveyard** · 15-12-12, 17:15

Originally Posted by DC33_2008

Heard that it will go over batam too. Got an Angmos Friend who works in CBD purchase a unit at puteria harbour. Lots of company like public listed company (yongnam which provides structural steel system to MBS and quite a no. of mrt projects), khong Guan, etc

yea. harborfront quite close to CDB. many big shot MNCs in nusajaya. well lets see how it turns out. lots of investment but havent see significant return/productivity generated yet. too early to tell now

**DC33_2008** · 15-12-12, 17:26

There is always risk in any kind of investment, especially foreign investment. Just do not invest too much.

Originally Posted by graveyard

yea. harborfront quite close to CDB. many big shot MNCs in nusajaya. well lets see how it turns out. lots of investment but havent see significant return/productivity generated yet. too early to tell now

**hyenergix** · 15-12-12, 17:48

I'm not comfortable w so many condos coming up near 1st n 2nd links. Wait till u c e peak hour jam when they TOP. I project tolls will start to climb to relieve congestion. May not worth e trouble. Weekend or retirement home is still highly feasible though.

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