Buy lah much cheaper

You can buy to stay but not for investment. Next time you want to sell, you will know the problems.

the locals Chinese will only buy landed and in the range of 300-700k ringgit at most and expect it to sell for millions to foreigners but their government put a minimum price on landed properties that foreigners can buy. At the same time, try to take us as carrots by selling those unwanted and overpriced condos that is destined for a big loss. All the hard earned money gone like that. But at least their government support it citizens by allowing them to buy landed at cheap price and sell high while earning Sing dollars while restricting silly foreigners to strata titled condos/landed properties in ulu towns selling high to them while smoking them with high investment returns through rent and capital appreciation once the RTS is completed. Johor is 3 times bigger than Singapore and Johor Bahru has a population of 1 million plus. With so much land and so little population, they can keep on building landed for locals and condos for foreigners. Most will rent in Jb while working in Sing once the RTS is completed, those landlords in Sg will suffer as a result.

Advise for foreign investors intrested to buy property in Malaysia: Do Not Buy. Malaysia is well known for the flip - flop policy. Do not bother too much. Do not invest your money in Malaysia. Malaysia government always change its policy out of blue.

Drop dead all over the forest

Well in London we have the same issue Chinese Arab and Russian wealthy people buying all the new builds governments allow this as they make huge returns however civilians working class end up paying inflated prices as there is less property in the market

imagine buying a high end condo or bungalow and rented out to bangalas.

Still bleeding profusely and endlessly. . . OMG

Good question. Verdict - It's a terrible investment decision.

this project is to "con" mainland china investor n some super rich but not super smart people. Smart people won't buy something built on reclaim land lah.

Those sinkies sitting with huge losses like a certain Tan Kin Lian will never never admit their mistakes in the open

Hmm... I thought people like the former NTUC head are retirees. Do retirees buy houses for financial returns? How long do they want to hold? Till next life? I guess there are many housing speculators in here.....

Malaysia is well known for U turn policy.

Agree! Just offer the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals later on. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!

But the population is fixed, even if the units are sold, there will still be empty units.

@@crystal2484 Priority is to sell these units first and get the foreigners' monies. How to fill it later can be solved by letting in more Bangladeshi men to marry our local malay women.

Agree with this! but banks won't allow that to happen as it would devalue the property and they hate it. If developer did that, they increase the mortgage

Dont worry, the foreigners will come back again. Slowly. Who don't want cheap stuff? Just offer the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!

@@marvelcomiks8078 If done as you said ~ Malaysia will be doomed. Foreigners can buy condo that are cheaper than Bumiputra and still cheaper than low cost housing. There will be chaos n the people would go ask for change.

@@angxiang3186 If you sell high, nobody will buy. That is worse. Its okay for foreigners to buy slightly cheaper, then force them to sell even cheaper later on to locals. Job done.

@@marvelcomiks8078 The train has left for Forest City. The next revival opportunity would be HSR revival; whereby labour mobility against low cost living next to Singapore would made it attractive for locals n foreigners. Also, if the condo is cheaper than local low cost housing ~ why would foreigner then want to/“force them to sell” = how??? So cheap, I buy then I stay a short time or just keep it; because selling also “not much money or make any profit”. Just like your “old car” that is parked outside your house.

capital gains are for leeches

this is precisely what i will do. can also try different hotels and resorts. no commitment no stress.

真的發白日夢。

@@Underdog9898 then just build another 40 tracks lor 🤣🤣🤣🤣

Foreigners have learned to distrust the corrupt Malays that keep changing the rules and attempt to extract bribes whenever you deal with them.

And they have the face to say Stamford Raffle founded Singapore LOL 🤣🤣🤣

🤣 u think they have a lot of journalist!!!

words of wisdom. singaporeans take heed.

Mission impossible ! Economy sure collapse !

sell at 30k or 50k , lol , better give FREE lah.... hahaa

I think what you're describing is called extortion lmao

@@dxelson Well, we are not forcing them to buy. Its free will. Visa and custom is a separate matter from property investments. Anyway, we can still let them visit like once a year for a week or two.

@@one688easy Give free then developers earn nothing. Cannot. Must target foreigners and sell to them. Locals can get cheap later on after the foreigners sell these when they cannot come in easily, don't worry. Just wait.

You migrate loh, the rich ones coming in will replace you and your gov....won't miss you! And a matter of fact ,the present gov would be happy loser goes out, rich ones comes in, that is their policy and will be the policy yrs to come. The amount of wealth outside Singapore is.....staggering only locals who cannot make it are struggling!

I don't understand how migrating to Malaysia is considered achieving better quality of life...

@@zzy341 Watch Ghib Ojisan KZfaq video entitled Reality Singapore & Retiring in Penang. Some glimpse how Singaporean migrated to other countries. Ghib is a Japanese married to Singaporean wife but they live in Singapore.

It is better to retire in other part of South East Asia like Thailand, Philippines, Vietnam or Indonesia. I don't think so Malaysia is attractive except for cheap fuel, foods.

@@aungmyintoo4635 totally agreed!

The stakeholders have already made their profit. That's all they were interested in.

@@byteme9718 profit from?

It is more viable to get 2nd tier Entertainment Park Co. Like Six Flags to come.

indeed

Owned a high-end property in Penang during Mahathir's second term. Better choice or not doesn't matter when at one fell swoop the property gains tax law can go against you at an instance. As long as a government is prone to flip-flopping, it is best to go in with the knowledge that if you buy a property in Malaysia, be prepared to use it as a retirement home and nothing more.

It can happen anywhere in this world actually. Even Singapore are having the things you describe happening this year too in their parliamentary budget announcement.

@@anglo-saxonconnor817 Sure it can but did the policy flip-flop happen overnight in Singapore’s case? I don’t live in Singapore now but as far as I am aware, the Singapore government always give a certainty period of notice - not so with Malaysia (at least with the property gains tax during Mahathir’s time).

@@jsurfin1 Yes. Not enough time for owners to react and plan.

Have you seem how poor Malaysian construction standards are?

If it was free, do you think your can afford the maintenance fees?

If they build another MRT link from forest city to Tuas link Station, Singapore, similar to the RTS link at the woodland causeway, the demand for units there would instantly increase

Weird, removing the causeways will only make more people move out of Johor to the north. How does that help your empty buildings?

And why would singapore do that? The port is singapore's only rice bowl. Removing the causeway means destroying the singapore economy. Besides, PTP is already top 20 busiest port in the world. If malaysia/johor government was competent enough, the port can surpass singapore since it is situated right on the malacca straight, BEFORE singapore port. PTP can easily attract ships to dock there instead of singapore. But that hasnt happened? Why? Definitely not because of the causeway.

Many Singaporeans bought overseas properties already and will continue to do so. There is no need to renounce citizenship or give up their existing properties.

@@CalvinK300 Private properties owners. I mentioned that already. For HDB dwellers they can't.

I don't want to go back to my caustic self again but whenever properties are mentioned I will start to itch. While millions of people in Singapore are using their full efforts to secure and focus on one public flat in Singapore with their income and trying to use it to upgrade to bigger flats in Singapore which end up screwing the housing market in Singapore for the next buyer people like me are already diversifying our income streams into multiple properties elsewhere at the same time. If a person is able to live outside Singapore earning a Singapore level wage or higher they will have alot of fun and options in life to explore. If anyone in Singapore strike a windfall like winning toto or big sweep then don't wait already too. Just go and live outside. You won't regret it. ✌️🙂

Prepare for flood and earthquake

Sour grape.

He is not perfect but he is ok. But the people around him are all like vultures - prey carnivore bird

Wow convicted criminal also get praised. Simply amazing

@@buburbibik Except for his corrupt activities, Najibnomics still the best. A lot of successful mega projects was initiated during his tenure and GST was supposed to fund them. Now, no GST and no mega projects. All going into saving mode. Which is not good for economy.

This is partly Najib success, he want to build the high speed railway that start here, it is already attract big chinese investor, Mahathir cancel the project & no longer friendly to chinese investor. Then come covid19...

Too bad... I hope lee hsien loong can eat musang king again with najib but this is not possible for the near future

Johar, 'JB', the region located closest to Singapore by Land correct?

Still wearing your mask after taken 4 jab? Stay safe. Wait for SMS appointment for the 5th jab.🤣

@@madhatterwonderland4834 I have actually not returned to Thailand yet because I have had no jabs and refuse to wear a mask. I was not a gullible frightened sheep.

@@johntheaccountant5594 Smart decision. Though I'm not a Muslim but I noticed that unlike the Chinese in Singapore and Malaysia, those who refused the poison jab and mask, Muslim community is 50 Vs 50. Whereas among Chinese community where I belong it's like 90 jab+masked Vs 10 no jab no masked. So for that reason alone, I'm more comfortable living with Muslim than Chinese now.

Yes yes

@@madhatterwonderland4834 no worries. Get covid again.

it is going to take decades even with Anwar government, they are not the Chinese who are simply unbelievably in turning Shenzhen from a fishing village into the silicon valley of china.