Above is a Photo of G - RESIDENCE Actual Site taken at 2am in the wee hours of the morning. Construction goes overtime till morning non-stop in Booming Iskandar.
INVESTMENT MAXIM BY PETER LYNCH:
"Buy what you can see and understand"
Hi guys,
Since my last post on GSB's G RESIDENCE in Johor I have done further research. These are the facts gathered.
1) G RESIDENCE Is Among The Rare Developments that GO INTO OVERTIME in construction in Johor.
I visited G Residence at 12 midnight, 2 am and again at 4a.m.. To my surprise the whole place was lighted up & construction work goes into overtime.
2) Now the Structure for the Shoplots (22 Units) are almost completed. The Resident Condo Blocks at the rear have reached Level 6 (from Level 4) since my last visit there.
3) G RESIDENCE'S SHOPS (NON-BUMI LOTS) ARE ALL SOLD OUT (Except One Unit left)
The Remaining Unsold Bumi Lots Could be easily tenanted out as the Shops face the Very Busy Plentong Main Road.
Same goes for the remaining 30 over percent Unsold Condos. They could be tenanted out as Service Apartments as surrounding Area Is Hot Hot Boom Area.
4) GIANT SUPERMARKET IN PLENTONG COMMANDS HIGHER RENTAL THAN GIANT SUPERMARKETS ELSEWHERE IN JOHOR.
A Check with the Food Court in GIANT PLENTONG revealed that a small food stall with only 10 feet wide inclusive of utilities is tenanted over Rm6,000 a month. Per Square Feet it was Rm17.00 to Rm21.00. Much higher than GIANT SUPERMART IN PERLING OR LEISURE MALL Which are only tenanted for between Rm10.00 to Rm15.00 psf.
Since G RESIDENCE Shops are located within 3 minutes Walk to GIANT PLENTONG It should command very good rental.
5) WIDENING & EXPANSION OF JALAN PLENTONG SHOULD ELEVATE THE AMBIENCE OF G RESIDENCE.
Gentrification will create Greater Desirability & Ambience for G Residence as the Whole Place is now in transformation. So Value of G Residence goes up by the day.
6) WITH ALL ROUND BOOM - THE DEMAND FOR SAFE, AFFORDABLE HOUSING LIKE G RESIDENCE WILL CONTINUE IN BOOMING ISKANDAR
Purchasing Power from Johoreans working in Singapore for 3 times Johor wages, Rise of Pengerang's RAPID, the attractive Rm450 psf price tag of G Residence being a "Bread & Butter" property the prospects of selling all units are bright.
7) NOW IS THE TIME TO LOAD UP MORE GSB SHARES WHILE THE WORLD IS STILL UNAWARE & ASLEEP TO ITS UNIQUE EDGE.
Please buy & sell after doing your own due diligence.
Many Happy Returns
Calvin Tan,
Singapore
SEE AGAIN THE SHOPS FACING BUSY PLENTONG MAIN ROAD. THE HOUSING ENCLAVES ARE AFFLUENT NEIGHBOURHOODS OF
1) TAMAN MOLEK
2) TAMAN JOHOR JAYA
3) TAMAN EHSAN JAYA
4) PERMAS JAYA
5) BANDAR SRI ALAM
6) TAMAN SRI PLENTONG
7) TAMAN MT AUSTIN, TEBRAU JAYA & NEW IKEA ALSO ONLY 5 MINUTES DRIVE AWAY
Shopfront View from the MainRoad.
Created by calvintaneng | Nov 27, 2024
Calvin stuck in tis counter. He try very hard to unload his holding. Up 1 cent oso enough for him to break even. Don't fall into tis sorchai Singapore conman 's trap.
2017-06-12 12:44
working overnight means poor management skill. it will incur additional cost. is this additional cost paid by gsb OR its contractor?
2017-06-12 13:02
Alex all sold out already right? should be gooding when QR come out
12/06/2017 13:12
For Condos about 70% Sold Out. For Commercial Shoplots Facing Main Road in Front all Sold Out (Except 1 non-bumi lots and bumi lots left)
The speeding up of Work Progress means faster release of Cash from Banks. When completed the unsold lots can be easily tenanted for good rental yield.
No matter how you look at it - GSB is on to a winning streak.
2017-06-12 14:08
Calling a BUY on a LOSS MAKING 11 sen stock? Don't you agree good it wouldn't have plunged into this level? Be wary of Calvintaneng, he is leading newbies to Holland, don't you think so? if the counter is good it
2017-06-12 14:16
chkhooju Calling a BUY on a LOSS MAKING 11 sen stock? Don't you agree good it wouldn't have plunged into this level? Be wary of Calvintaneng, he is leading newbies to Holland, don't you think so? if the counter is good it
12/06/2017 14:16
CALVIN THINKS YOU WILL MISS OUT ON A GOOD DEAL
SEE HOW PEOPLE MISSED PRESTAR LAST TIME:
Posted by calvintaneng > Dec 26, 2014 05:02 PM | Report Abuse X
PRESTAR RESOURCES - KING OF GUARDRAILS
Its Salient Factors
1) Prestar is Different From Other Steel Companies which are hit by China Steel Dumping.
2) It Has Captured the Guard Rails & Wheel Barrow Market in Malaysia.
3) 7 Highways Will Demand A Lot of Guard Rails by Prestar. Its Quality Wheel Barrow outlast those inferior ones made in China. And with the rise of renminbi by 8% against ringgit there is less reason to buy inferior wheel barrows from China.
4) At 42,5 cents it is Selling at 64% Discount to NTA of RM1.15
5) Last quarter result 1.73 cents - annualised 16% growth or P/E only 6.2
6) Fallen below insider recent buying price of 46 to 49 cents.
7) Pays a dividend among Steel Companies.
8) Prestar is a definite winner.
SEE WHEN PRESTAR WAS ONLY 42.5 SEN WHAT DOUBTERS SAY,
Posted by shareinvestment7 > Oct 23, 2015 01:33 PM | Report Abuse
Disappointing Counter, Hopeless!!
Posted by calvintaneng > May 12, 2016 10:58 AM | Report Abuse X
Go Go Power Ranger?
Wahaha!
Posted by calvintaneng > Nov 9, 2015 05:21 PM | Report Abuse X
Good closing today.
Next time you must buy when people say "hopeless".
And after every body go GaGa THEN YOU MUST SELL!
Always be a contrarian!
SEE PRESTAR CLOSED AT RM1.32 NOW
SO FROM 42.5 SEN PRESTAR IS NOW UP A WHOPPING 210%!!!
HOW MUCH WILL GSB RISE TO ONE FINE DAY?
YAHOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!
2017-06-12 14:55
Posted by Takashi Sorimachi > Jun 12, 2017 05:48 PM | Report Abuse
in JB batter buy landed house
These are the prices of Landed houses near G Residence
1) Opposite Tesco
Semi D Bungalows going at Rm2.5 millions each
2) Taman Ponderosa
2 Storey are Rm1 millions
Semi D at Rm1.7 millions
3) Taman Johor Jaya (fully built. No house for sale)
4) Permas Jaya (Fully built. No landed houses for sale. Only condo)
5) Taman Molek (Fully built. No landed houses for sale)
So anyone willing to buy a 2 storey house in Taman Ponderosa for Rm1 millions? Title is only leasehold.
G RESIDENCE IS A FREEHOLD
At Rm450 psf. One with 1,000 sq only cost Rm450,000
Very affordable with 24 hour security
2017-06-12 18:06
Go buy Tsh Resources now
Buy and hold like holding Gsb at 9 until until name changed to Kpprop now almost 90 sen or up 1,000%
Tsh will be better than gsb (kkprop)
2024-06-28 12:33
Cannon Tan, TSH should go up by 100,000% because its land in Nusantara is valued at RM4.2 million per acre.
2024-07-18 15:41
Alex
tq Calvin for your sharing
2017-06-12 11:39