Even after paying high ABSD the potential for price and rental appreciation is still higher in Singapore compared to JB. So sure when you have spare cash you can buy . But when you need cash when you retire or kids go to university or someone falling sick , can you sell your Malaysia property at a profit quickly?

you are a tourist, can't even open bank account, want to talk big buy house in Malaysia

@@MichaelLim0907 of course Singapord is better and that is where I invested. But I bought before ABSD was introduced. Malaysia is risky I agree. Buy for own use not for investment.

Yes, we need to ensure no free pass for them to work here.

The rental in Singapore goes down, the rental in JB goes up. Once SG rental lower, demand starts picking up again. Until it reach an equilibrium between both side. Overall, rental in SG will reduce by a little I guess. So what if there is an MRT? This MRT is going to attract more people in other part of Malaysia to come to Singapore to work and the Jam start building up at the MRT immigration with long queue. Might as well rent in SG to enjoy a good night of sleep. It's worth it. Those who want to get Singapore PR or citizenship will still need to come to Singapore to incorporate their Companies or work in Singapore. That travelling time with the MRT is going to eat away sleeping time no matter how " fast " they said it would be because I believe the queue eventually would get longer and longer during peak hour. Actually I think the devil is in the Rules of the Special economic zone. How will tax revenue be split between the two cities? How to divide profit earn in the special economic zone? I am inclined to think that the MRT is only going to benefit Singaporean who goes to JB to shop. We just get to travel in a more comfortable MRT. As more Singaporean goes to JB to make purchase, the price will double or triple or just price slightly below Singapore price. Meaning buy more one time then worth the trip. The JB locals will be force to move out of JB near singapore as pricing is out of their reach. They will move further up north to escape the high price caused by Singaporean. In the end, Singapore merely pull an MRT over and we get to control that area economically. We win.

Good lah.. benefits Singaporean ❤

1. Can foreigners like Singaporeans own properties below RM1 million?? Are these properties another Country Garden in the play?? So now the new players are Singaporeans since Chinese have already learnt their lessons from investments in country garden. 2. Currency valuation plays an important role in property investments because a devaluation of RM can wipe out any gains. 3. Political landscape is another consideration. Frequently policy changes will affect your investments. If today Malaysia government allows Singaporean to invest in these units below the current RM1 million threshold but then revert back to give approvals after you have purchased them the impact is that these foreign owners will have to sell to locals because likely the value of these properties will not be above RM1 million so foreigners cannot buy them once the regulations have changed. Locals on the other hand will not buy them because the price per sq ft is too high compared to other developments targeting the local market. 3. Buying foreign properties based on political alliance is a dangerous venture because geo politics can change. Local government changed every few years. Immigration scheme can change just like the MM2H program from a deposit of RM150,000 to RM500,000 for silver, RM2 million for gold scheme and RM5 million for buying a hope to get PR in Malaysia. 4. So far I still cannot understand what Singapore government hope to achieve through this alliance other than access to cheap labour. What does Singapore gain from the SEZ in JB? There are no details in the alliance. Look at HSR linking KL to Singapore. The benefit is Singaporean access the IT talent in Cyberjaya as these professionals travel to Jurong area ( Singapore next CBD for IT) earn Singapore pay but live in KL. Once Malaysia government see the brain drain they will have react with tighter emigration and tax policies to retain and preserve their talent pool. 5. It is risky to buy foreign properties with the hope of retirement even before you get residency status in the country you are investing in. What happens if MM2H scheme is so restrictive that the deposit requirement is beyond your reach. Also imagine you place RM500,000 in the scheme and exchange rates depreciated the Malaysian currency by 20% you would have lost RM100,000 which may be half or 30% the investment sum in your property in Malaysia. Then you sit and wait the next 25 years for your property to appreciate 50% to recover your currency losses and itay never happen in your lifetime since you are a retired. 6. Of course you can pass on the property to your kids so have you studied the estate duties and inheritance law in Malaysia? Even if you have these are likely to change over time.

But u all doesnt want to make babies and the labor force will shrink at some point. Like it or not u will need to rely more & more on foreign workers. Which one is better, bringing in Bangladeshi that will corner out the affordable rental market or bringing in Malaysians who won't even be living there? Property prices in Singapore rental market are overpriced to begin with. This is a good punishment for the greedy property owner who is making unrealistic profits. We always love to blame the government except for ourselves. I believe Singapore will be a much bigger winner than Malaysia. JB will see significant property prices appreciation without that much productivity growth. Those living in JB will most probably work in Singapore and wage growth will be stagnant. asset appreciation is going to outstrip wage growth. Singaporeans buying properties in JB will also phase out Malaysians from the property market. If anything this project is only going to boost Singapore more than Malaysia. I believe there is another project that is going to be worse than this. It is the KL-HSR project. It will do nothing but increase property prices for both cities. I hope Malaysia never agrees to continue with this project. It is better for both countries if this project is abandoned.

Lots of fees and local taxes.

​@@leanne2330and robberies and burglaries .. once they know u locals u better be careful

​@@kimchiba4570 really? 😂

@@kimchiba4570 you means robberis Cheap fuel then goyang goyang kereta.🤣🤣🤣🤣🤣🤣🤣

@asia.network5475 not quite. According to Msia Govt, Ron97 is sold at unsubsidized price . Its fair deal, no theft or robbery

either they are gong to raise the minimum sum purchase for foreigners, imposes higher real capital tax gain or a 60% stamp duty mimicking singapore. their locals will be able to buy cheaper housing and foreigners will be deterred to buy overpriced but loss-making property investment in johor. good thing is their properties will never appreciate high enough to inflate the cost of good and services in johor.

Good luck to these optimistic people! Good thing Singaporeans mostly are realist and pragmatic . The capital appreciation on these JB properties will not be able to cover the depreciating currency conversion and capital gain tax. Furthermore foreigners have to keep these properties for 5 years or suffer a huge capital gain tax. Malaysia do not have a good property maintenance program. After 5 years it will become a slump so how are these Singaporean property owners going to reap profits??

You cannot work together, so to speak with such Boleh land folks, especially in a MEGa way, If it could be done, many things would have be done tru this span of nearly 60 yrs. Those folks there keep flip flopping, mid way introduce rules and changes primarily to favor them Bumi and always wants to 'makan' the Singapore side in any dealings of commercial value. It is the cultural and religious based sort of society they have there vs the open modern transparent society Singapore has , that had been why Singapore had attained such success on its own after leaving the Federation vs them being what they are, unable to come to terms of certain aspects of their cultural and religious beliefs that was the hinderance to their own progress.

there is regional travel policy proposal in the talks between Singapore and Malaysia, something akin to the Schengen policy in Europe where Singaporeans and Malaysians can traverse freely without needing to go through immigration

​​@@kengleetan63yup, very very open modern transparent society that you guys just buy every subsidies goods available from JB. Never see any developed country citizen do that😅

This MB is grandson of Tun Hussein Onn. His great grandfather Onn bin Jaafar founded UMNO and was mentoring besar too, like his own father. Many generations served as MB. This MB is a future PM candidate. He has a lot of potential. But property purchase in Johor isn't without risks especially for foreigners.

I seriously hope it fails ...this wun benefit Singapore at all...dunno why our gahmen thinking ..they the Malaysian workers will still come , just make sure our currency and economy stay strong

Continue to stay cautious and watch from the sideline.

​@@kimchiba4570yeah, we need to question gov that. No free pass for them to work in Sg. Honestly I hate their culture. A bunch of crooks.

It will be completed. All Malaysian rail projects have been completed like the ETS.

You r too pessimistic!

Same song years ago

​@@aplacecalltambun....sang the same song for Forrest city. Now only the birds there sing the tune!😆😆😆😆

Currently the same effect can be achieved by producing in low cost countries in China, Vietnam, Cambodia ..etc but did our prices come down.. These price reductions are insufficient to offset increases in real estate costs in Singapore. USA have kept inflation down for years by turning China into the world’S factory. These 2 countries are now competitors and rivals embarking on a never ending trade war. Can we afford to end up this way with our neighbours. After taking our capital, technology, talent pool would Malaysia still need us when the factories are on Malaysia soil…

How?😂

@@deschan2246coz we can steal every subsidy product from JB … we plan long time ago … ur country never learn the lessons 😂😂😂😂😂

as a Malaysia NOT staying in Johor.. we know who win [ as always do ]] ----- Kiasuland ;

​@@malikqierien997You're still one of us you know. Just not the governing side😅

@@ssrae-2229 In this case both Malaysian (Staying in Johor) and Singaporeans Win. With this Johor can slowly be on par with Singapore

🤣🤣🤣🤣

No Singaporean has ever profited from buying Malaysia properties, because even if Malaysia property prices appreciate just look at how much the Ringgit depreciate, after converting back to SGD it'll definitely be a loss. Malaysia property is only recommended for people who don't mind losing money since it's so cheap anyways, but for investment any property in SG would appreciate more compared to any property in Malaysia, don't believe just look at the old HDB at central locations their prices are still rising every year despite the lease.

no need talk so much like property genius. buy buy buy.. you think all malaysian own their own property? if the rail connection is good, there maybe other malaysians NOT from JB that will want to work in SG for few years and stay in JB to save money. these are the people who will rent in JB and stay just a few years just to work in SG and earn their SGD.

Many of the properties closer to CIQ already asking for over RM1million

@@chuan3675 oh even the small apartments? When you buy it at this price it will be difficult to find a buyer to take it off your hands 5 years later after the expiry of the period where the tax is not so prohibitive. Locals will not buy it . Given the lack of maintenance culture in Malaysia I do not know what state these properties will be in

Yes you can purchase units for less than RM1M if it's first hand sales from developer. Only if resale then 1M and above.

These residences are not suitable for retirement. 90% of the units are occupied by the malaysian who works in Singapore and many illegal foreigners living here. It's just a high class hostel for workers. Nothing great about it.

But doesnt appreciate as fast and rental not as good

Interest rates in Malaysia are higher too If borrowing. But those who cant afford high prices in Singapore need to buy overseas. JB is safest choice, can go over easily to monitor.

Of course it's more affordable than SG, how to compare third world to first world, even the worst location HDB also more expensive than any condo in Malaysia.

@@contrarian2496 it is more about land scarcity. Singapore doesnt have such a big supply of land. Of course SG is also a First world and more developed country with more advanced economy . But land scarcity is main reason our prices are so high.

You are absolutely right. Also forget about ‘investing’ because the capital gain is largely eroded by forex. Most worryingly is the political uncertainty. If you get another firebrand dude like Mahathir, you will get sleepless nights worrying about discriminating policies against foreign ownership.

The gov there keep roti prata, favoring Bumi, you locals here dare invest?

Don't be so pessimistic the project is already 65%complete, Malaysia just can't walk away fr it !

@@PeterLee-it4bf I think it’s near completion, not merely 65% (don’t know where you got that figure from) but what’s more important to note is these projects started many years ago after Mahathir stepped down. He was very anti-Singapore and insisted on a crooked bridge (if you remember). He was also against HSR despite the high demand (air traffic between KL-SG is the busiest in the world). After Najib was toppled, all these projects were frozen pending review (aka renegotiate hush deals). After much delay, all these projects are back on track under Anwar’s shaky coalition government. So when you say Malaysia just can’t walk away … I chuckled. Problem with many Singaporeans like you is to analyse from Singapore’s perspective. Bro, ‘Malaysia Boleh’ is a slogan for a good reason 😂

True it is risky. But how many Singaporeans can afford a second property in Singapore , a private property ? Also there is high ABSD. Singaporeans who want to invest in property have to look abroad. At least JB is easier to manage. That is how some think. Nowhere to park money. Especially for the not so rich. Middle incomers . There are also those who can only afford hdb in Singapore. So they buy to enjoy condo lifestyle in JB. Stay there on wkends and for retirement.

yup very true as i think malaysia shud raise this issue

Rent out to Workers in jb commuting to sg for work daily will love the proximity

Agree with you (see, I don’t always call you stupid 😂). There are an obvious oversupply of condo units in major cities, not just JB. Many entrepreneurs set up companies and rent out these units via AirBnB. Potential Singapore buyers should be very cautious if they want to buy for investment.

Never trust Malaysia Govt

@jaimelee4853 Malaysia govt protect Malaysians interest. Singapore govt dont protect Singaporeans interest. Who should you trust?

@@deschan2246 Singapore government doesn’t protect Singaporeans’ interests? OK, give examples.

Sporean can rent out the jb home to people there commuting daily coming to work in sg

@fidelcatsro6948 Many johoreans will go back to their home. Why would they rent? So rental demend by local might not be that high. Unless the population in jb surges a lot, if not property price will be stagnant or increase slowly.. so then you will have currency conversion risk.

@@renaturerelaxationchannel4800 many mesians working here are from many states in mesia, not all from johor, they live in rental homes in jb

​@@fidelcatsro6948Places like R&F aren't really viable to rent to workers, more like for Airbnb apartments.

@@fidelcatsro6948people have been thinking like this since the late 70’s lah. Moreover think about it, what’s the difference between commuting from JB city vs Skudai to work in SG? The bottleneck is the checkpoint so renting a condo in JB city is more expensive with not much time-saving.

ha ha problem there is no income only lossess

20k unit sold but not many living there. If Malaysia remove the mm2h restriction then we can see some organic population.

@@KPPO200 Ha ha Malaysia just removed or suspended the MM2H together with all the agents. I pity the agtents they have to pay rent and staff but there is no MM2H scheme to apply. In the last few years Malaysian government is constantly revising the scheme making it more restrictie and expensive because they want QUALITY retirees

Cost of food in Batam is Singapore price n no pork is sold in most supermarkets able to find only in wet market .visited Batam last year for 1 week plus .

not too worry about annuar as sultan johor are the king of malaysia officially fr feb 2024 onwards also johor are well taken care by johor royal family..we are johorian always trust our beloved sultan johor

hihi, ada udang di sebalik mee. Moge Anwo betul la dgn rncgn dia.

730 only for the single room 😂

A new factor called Annar Ibrahim?? Ha ha

@@MichaelLim0907 Until the mindset of Malays changes, Malay politicians (Mahathir is just one of many) will be able to play on religion and race issues and screw things up.

Not necessarily. Some developers are from SG.

But in fairness since when do foreigners get equal benefits to locals, foreigners will always be taxed more if not what's the benefit of being a local, so foreigners will have to decide whether the additional costs is worth it.

True Hong Kong and Shenzhen is one country

HDB is that way sir

Maintenance of the buildings are unlike Sg. In 1 decade, your apt building will look rundown compared to the newer ones and ppl will prefer to buy or rent the newer ones. Read the terms and conditions about selling your apt if you have the intention to do so in future. How long is the lease ?

Yes. You are correct. Maintenance fees,repairs,lease rot, property tax and visa permits etc. A property owner have to be mindful and remember all these things all the time. Buying property although is seen as a popular and good way to safeguard and park wealth in it rather than putting it in banks. But unlike buying gold which don't need maintenance at all and will still look just like the day you bought it a house have alot of hidden costs and maintenance to upkeep over time and you need the property market and economy to be doing well in order for you to have a healthy income or use other people mo eh to help you pay for it and upkeep it. Malaysia don't have these conditions. Just go to their most thriving cities and stay in the highest building in the most posh districts. You won't see much office skyscrappers at all. It will take several years to decades to transform the landscape . People won't have time to stay alive to wait for all these to happen and be completed.

Always remember, unless you pay cash, a depreciating currency also means installments get lower, also don't always think RM would keep depreciating, RM has been sticking recently and not falling.

@@anglo-saxonconnor817regarding your tip#1: offices are mobile and companies will simply relocate. This is especially true for JB which is not a major commercial centre compared to KL or Singapore. Tip #2: if you are so confident about depreciation RM, then might as well deal with Forex instead of overseas properties. Currency is tied to the economy of that country and Malaysia has a lot of potential (way more than Singapore) but is bogged down by domestic politics. If Malaysia get their house in order (like with a dominant party example PAP or CCP) then they will boom. 😂you are likely right about the sliding down. I just don’t agree with forever 😂