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82 comment(s). Last comment by stockoperator 2014-04-22 16:50
Posted by calvintaneng > 2014-04-19 14:17 | Report Abuse
Article was written in July 20th 2013 called
7 REASONS WHY ISKANDAR WILL BE THE FASTEST GROWING REGION IN THE WORLD FOR THE NEXT 10 YEARS.
IT SHOULD BE "FOR THE NEXT 30 YEARS" By NOW Because of
1) RM190 BILLIONS MASSIVE INFUSION OF CAPITAL INTO PENGERANG OIL & GAS HUB
2) 4 LISTED CHINA DEVELOPERS NOW IN ISKANDAR FOLLOWED BY A BILLION PROPECTIVE HOUSE INVESTORS FROM CHINA. SEE HOW CHINA'S MONIES LIFTED UP REAL ESTATE PRICES IN SYDNEY, LONDON, CANADA, HONG KONG & USA.
None were built by CHINA OWN DELELPOERS. BUT THE ISKANDAR PROPERTIES ARE BUILT BY CHINA OWN LEADING PROPERTY PLAYERS.
See How Malaysians lapped up Battersea by SP Setia in UK? So Chinese will trust their own House Brand Developers.
3) SPORE JB MRT, HIGH SPEED BULLET TRAIN & NOW "FRIENDSHIP" BRIDGE
Just like PJ, Bandar Utama and others rode on the growth of Kuala Lumpur.
ISKANDAR IS RIDING ON THE MILLIONAIRE/BILLIONAIRE ENCLAVE OF SINGAPORE!
4) PINEWOOD STUDIOS, LEGOLAND, JPO, HELLO KITTY THEME PARKS & SUNWAY PENDAS WILL MAKE SUNWAY SUBANG & OTHERS LOOK LIKE CHILD'S PLAYS.
5) AND THE LIST GOES ON.
There is a saying, "He who laughs last laugh the loudest."
And the City that Build last build THE VESY BEST!
TIME TO UPROOT AND MIGRATE TO ISKANDAR - THE BEST KEPT SECRET IN THE WORLD!
Posted by fortunebullz > 2014-04-19 17:24 | Report Abuse
Bear in mind, cost of production in China has gone up compare to indonesia and thailand! And quality of products, we know which countries are superior! Malaysia per cost conparison produce the best and highest quality in the world! Thailand per cost comparison produce the best cars! Indonesia is up and rising! China had reputation to copy cat products abusing copy rights so many multinational companies had relocate their based!
Posted by chyokh > 2014-04-19 17:43 | Report Abuse
Basic law of Economics - when supply exceeds demand, prices will fall. That basically sums up Iskandar. Nothing can change this law, even if you shout and shout and write in capital letters.
Posted by chyokh > 2014-04-19 18:14 | Report Abuse
Looking at Li Ka Shing expression above, you can almost hear him say "Oh No! not Iskandar again"
Posted by calvintaneng > 2014-04-19 18:34 | Report Abuse
Supply exceeds demand? Yes & No.
1) Yes for Condominiums but for not for landed properties. There will be a glut in Condos due to the current boom. However for landed houses
a) Keck Seng came out with 24x70 ft single story houses 2 years ago at RM283K per unit. There was a 6 day/6 night long queue outside KSeng Office in Taman Daya, Johor. On the day of sales all were snapped up within hours.
b) Same for Pelangi Indah's 24x86 ft single storey at RM300,800. All none-bumi lots Sold Out In One Day.
b) Demand exceeds supply is temporary. But Iskandar will have a doubling of population soon due to RURAL - URBAN MIGRATION FOR HIGH QUALITY JOBS.
People All Over The world Gravitate To High Quality Jobs With Good Pay.
a) RAPID of Pengerang's RM190 Billions Mammoth Projects Will Provide Employment for 70,000 jobs for Construction Workers. There will be a multiplying effects by creating more needs like food, shopping, services like hotels, laundry, hair dresser, car repair shops & others.
The total population will swell to 300,000 even to half a million.
Eventually,thousands of Oil & Gas Workers Will be based here permanently
Their pay structure is
i) RM4,000 for skilled workers
ii) RM7,000 for Middle Executives
3) RM20,000 for High End Managers
There is a great lack of proper housing in Pengerang & Tanjung Langsat now.
b) Legoland employs thousands, and Pinewood Studios also need tens of thousands of film actors, part time workers and downstream industries
c) Bandar Sri Alam needs housing for 20,000 to 30,000 professors, teachers and students with 15 universities and institution of higher learning.
d) ASCENDAS TECH PARK Will Employ 34,000 workers - all highly skilled
e) SILC Bio Park Will Also Employ thousands in Clean Tech Technology.
f) The migration of factories from Singapore to Iskandar create hundreds of thousands of jobs for years to come.
g) Also The Continual over crowding in Singapore will cause Population spill over into Iskandar. It will be even more attractive when Spore-JB MRT, Friendship Bridge & Bullet Train Is Ready.
h) A new name for Iskandar called "Greater Singapore" has been coined. Eventually Greater Singapore embraces a population of tens of Millions Like Any SUPER CITIES In The World.
i) Some day perhaps the Demand Will Exceed supply by a Very Big Margin here.
Posted by chyokh > 2014-04-19 19:22 | Report Abuse
How did Li Ka Shing missed all of these? Why is Asia's richest man not in Iskandar? Follow LKS and you will never go wrong.
Posted by fortunebullz > 2014-04-19 19:41 | Report Abuse
Many know and angry because I talk about the coming crash! But this is a reality especially during this markets highest! I read this HFT in thestar another red flag! http://www.thestar.com.my/Business/Business-News/2014/04/19/Wall-Street-market-rigged-HFT-cheetahs-only-take-13000ths-of-a-second-to-turn-a-profit/
Posted by calvintaneng > 2014-04-19 19:44 | Report Abuse
It amazes me you base your criteria on Iskandar to Li Ka Shing investing or not. Asia's Richest man has a net worth of over 30 billions.
Pengerang's RAPID alone is worth 190 Billions. What about people like Country Garden of China & 3 other Developers. Spore Remisier King Peter Lim with Johor Sultan? Then you have Robert Kuok who bought Puteri Habour.
And Ecoworld Tan Sri Liew who bought Focal Aims - Iskandar property.
What about PM Lee of Singapore With Its Vast Riches Held by Temasik Holdings
And Many Others Yet To Come. Li Ka Shing maybe? Who knows?
Posted by clavinteng > 2014-04-19 21:52 | Report Abuse
EVEN before the physical presence of the property developers from China can be seen in Johor Baru, the psychological impact the builders have on the industry as a whole in Malaysia is already being felt.
The fear of developers from China flooding the market with their large-scale development is real among property developers, not only in Johor Baru but also the country at large.
This is because all the big boys of the property sector have a presence in Johor Baru, or Bandar Iskandar. Without a project in the southern tip of the peninsula, a property developer is not considered to have “arrived”.
That is the clout that Johor Baru commands, thanks to the initiative of the federal government to make Iskandar Malaysia the thrust of its development of the southern economic corridor.
The might of the China developers was well displayed when Country Garden Holdings Ltd launched 9,000 apartment units in August, of which 6,000 were taken up within two months.
The Malaysian market is not used to developments of such a scale, for sure.
What now that the property market is already softening in Iskandar Malaysia?
The latest launch in Puteri Harbour by a Singapore-based developer saw a booking rate of only 25%, according to a report by a business weekly.
Puteri Harbour is about the most strategic of locations in Bandar Nusajaya, which is the hub of Iskandar Malaysia. It faces the Straits of Johor and is near the second link connecting Malaysia and Singapore.
Some 18 months ago, sales were brisk in Puteri Harbour, with prices transacting at around RM700 per square foot (psf).
The latest project launched by Pacific Star Development Pte Ltd is being marketed at between RM1,300 and RM1,600 psf. Property agents feel that the pricing is the reason for the poor take-up rate.
The view of most developers is that as long as the developing company has the ability to hold on to the property, it will be sold eventually. The critical factor is that the developer has to have deep pockets to weather periods of slowdown.
In this respect, there is a view that developers from China indeed have deep pockets and would be able to hold on to their projects and continue to develop them even if demand is poor.
Lastly, the developers from China are not dependent on buyers from Malaysia but from their country itself, where there is supposedly still strong demand from a select group of investors.
Put in a nutshell, the presence of developers from China is projected as not having any adverse impact on the local property market.
Is this really going to be the case?
Closer scrutiny, however, suggests that it may not really be the case after all for several reasons.
Firstly, there is a property slowdown in China impacting all developers there.
It is already being reflected in the share prices of the likes of Country Garden and Greenland Hong Kong Holdings Ltd, which have lost more than 40% of their market capitalisation in the last six months.
Property prices are stable in the tier-one cities and showing little weakness in tier-two cities. But in tier-three and tier-four cities, there is a massive oversupply of properties and prices are coming down.
Funding for developers with projects in the least-preferred cities has practically stopped, and authorities are looking at ways to ensure that new supply slows down and existing projects are completed.
The slowdown in the property sector in China has a spiralling effect on the economy as a whole.
In the past decade, the property sector has grown 10-fold in China and played a big role in keeping its economic growth vibrant. According to Moody’s Analytics, the construction of apartments accounts for some 23% of China’s economic growth.
Apart from keeping the industries growing, the proceeds from the sale of land is one of the major income earners for local authorities.
Now, new land sales are being transacted at lower prices compared to previous years.
This has allowed new developers to price their products cheaper, putting investors of older developments in a spot. House buyers are already complaining of new projects coming in at cheaper prices, causing an erosion in value of existing projects.
The developers from China are coming to this part of the world because of weak demand in their own country and to position themselves as being able to offer their customers properties overseas.
But Malaysia has imposed restrictions on foreigners buying properties that are only above RM1mil, meaning US$300,000 and above for buyers from China.
With prices in China falling and the yuan depreciating, would buyers from China be attracted to properties worth RM1mil and above in Johor Baru?
Wouldn’t the buyers be able to find bargains in China itself, given that the prices there are already falling in the less-preferred cities?
Finally, funding for developers from China for their overseas projects is also taking a beating.
Because it is difficult to take money out of China, develop
Posted by clavinteng > 2014-04-19 21:55 | Report Abuse
With prices in China falling and the yuan depreciating, would buyers from China be attracted to properties worth RM1mil and above in Johor Baru?
Wouldn’t the buyers be able to find bargains in China itself, given that the prices there are already falling in the less-preferred cities?
Finally, funding for developers from China for their overseas projects is also taking a beating.
Because it is difficult to take money out of China, developers use offshore companies to raise debt that are backed by the financial resources of the onshore company.
The arrangement is called the “keepwell” agreement, where the onshore company backs up the debt with a promise to inject liquidity or buy up the bad assets. The lenders to the offshore companies are foreign investors.
But increasingly, the foreigners are not lending to offshore companies or seeking higher rates for loans because of the fear of defaults.
History has shown that foreign developers tend to flock back to their homeground when there is a slowdown.
The Middle East developers came in a big way when Iskandar Malaysia was being promoted prior to 2008. They prided on having an abundance of oil money and being able to splash it around in Islandar Malaysia, come what may.
However, when the property bubble in the Middle East burst, they dropped everything in Iskandar Malaysia to consolidate their positions in their home country.
So, why wouldn’t the developers from China do the same?
Posted by clavinteng > 2014-04-19 21:58 | Report Abuse
If back in 2008, middle east developers for Iskandar Malaysia have gone kaput, don't you think china developers having property bubble back home will not?
Posted by clavinteng > 2014-04-19 22:02 | Report Abuse
Maybank IB Research had recently expressed concern about Iskandar Malaysia’s medium-term prospects, saying the massive incoming supply of residential and retail properties in hotspots like Danga Bay and Nusajaya could be harmful to asset values.
“Judging from the planned launches (serviced apartments, hotels, office and retail spaces) by Country Garden, Hao Yuan, Guangzhou R&F Properties Co Ltd, CapitaLand and Greenland Group, the hotspot areas, ie, Danga Bay and Tanjung Puteri, could be flooded with an enormous supply of high-rise mixed development projects, inducing price volatility,” it said in a client note last week.
“For instance, Guangzhou R&F plans to launch 15 blocks of 35-storey apartment buildings under phase 1 in the second half of this year, which implies an enormous 3,150 units of apartments, assuming six units per floor.
“That said, investor interest could return to developers with projects in Iskandar Malaysia on the finalisation of the Johor Baru-Singapore rapid transit system. Also, the listing of IWH in the second half could re-rate existing players in Iskandar Malaysia.”
PA International Property Consultants Sdn Bhd executive director V Sivadas told StarBiz that buyers were in “transition mode” due to changes in state policy and foreign ownership.
“People still have money, but they are being more careful about how they use it,” he said
Posted by clavinteng > 2014-04-19 22:11 | Report Abuse
China is at the point where problems are feeding on themselves. Pessimism about property, which accounts for about 15% of China’s gross domestic product, is beginning to affect the broader economy. Declining property values look scary, despite cheery statements from government officials who assure us the property bubble is “not big” or analysts who say that the problems are not “systemic.” But the Chinese don’t look like they are buying either of those views. “If this continues, it will have immense impact on the whole Chinese economy,” says an unidentified Hangzhou real estate salesman on Economic 30 Minutes. “Without question, everyone thinks there is a bubble
Posted by clavinteng > 2014-04-19 22:48 | Report Abuse
On March 21, protesters lined up in front of Phoenix Lake Gardens, a middle-class complex of 20-story apartment towers in northern Changzhou. They put up banners, trashed architectural models in the showroom and demanded refunds from the developer, Wharf (Holdings) Ltd. 0004.HK +0.99% Wharf had cut prices by as much as 20% after these protesters bought their apartments, making their purchases suddenly worth less.
David Wan, 25, said he had put $40,000 down on a two-bedroom apartment just a week before Wharf cut the price. "The salesperson told me that prices wouldn't fall," he said.
Another buyer said she and her husband sold their hometown residence 100 miles away and borrowed from relatives for a 40% down payment here, only to see the price for similar apartments later slashed.
The buyer, who would give only her surname, Xu, was especially angry that the developer brought in guards to block the protesters from the showroom. "We are their earliest home buyers, and this is how they treat us?" she said.
Wharf defends using the guards, who a spokesman said "wouldn't touch the customers unless they behaved unreasonably." The company said it cut prices to clear inventory, which it called "normal market behavior."
A few blocks away at another Wharf project, a police officer tried to explain to a demonstrator the new reality of housing in China.
"You bought a private home," the policeman told the irate protester. "Prices will go up or down. It's just like investing in the stock market
Posted by calvintaneng > 2014-04-19 22:52 | Report Abuse
One more thing, RM1 Millions threshold for foreign buyers do not apply in Medini. Here, you can buy even a RM250K condo without any restriction. And Govt is contemplating extending these exceptions to other nodes in Iskandar as well.
Posted by calvintaneng > 2014-04-19 23:10 | Report Abuse
Of course as I have already foretold ahead of time that China & Hong Kong Real Estate together with Singapore & Australia are facing downturns and Penang & KL also look toppish,
Only in Iskandar is the beginning of an upturn after 12 very long and very wearying years.
Like a pendulum swing to the left for 12 years downside Iskandar has just started the positive right swing of compensating 12 up trending years.
Only in its 4th year - A long way to go upward after others have crashed left and right! After all as my friend Samuel Tan of KGV Lambert International has lamented that China, Hong Kong, Singapore, Penang & KL recovered from the Asian Financial Crisis and Continued to Boom to The Total Dismay & Neglect of Iskandar FOR 12 VERY,VERY, VERY VERY LONG YEARS.
SO THE BOOM IN ISKANDAR WILL ALSO LAST FOR A VERY VERY VERY VERY LONG TIME ALSO.
All the Answers are Found in WWW.JDHOUSEFORSALE.COM
SO READ CAREFULLY
Posted by Siamcat > 2014-04-19 23:57 | Report Abuse
X
Siamcat Only sense of guilty that he cannot answer main question everyone is asking here, he can only pretend he never sees the flaws yet keep on hard selling how valuable it is to unload his shares. I starts to believe he is hired to so. Insider trading is owners main business, so put your full name and IC beside promotion. Opps.That is the second question monkey keep ignore.
19/04/2014 07:26
Posted by Siamcat > 2014-04-19 23:57 | Report Abuse
Most likely this will happen.
Owner default on amanah because he tries to hire people to cheat investors again maybe with right issue. Investors sell all shares he ends up eating up share price holding the shares himself. Or worst other new investors buy up old investors when music chair stops all run. Land taken.
After deep study of owner past record, owner will not sell his company, where got stupid whiteknight willing to invest and let owner skin them if owner still control? So this will never happen if no announcement owner sold off. He will never else hired monkey wont keep hard selling. Owner no go, never, no whiteknight. Dead end.
Wisma Massage Parlor even car park money he does not pay, think he pays you monkey. Hahaha. No payment to selling. He rather cheat right issue money and will not pay. What makes him pay this time? Cheat monkey easier money.
So there is not just light at the end. There is fire and zombie monkey walk straight into it nevermind. He keep pulling innocents into it.
If there is already bigger land value and proven integrity like ecoworld, go buy such. Why hard sell here.
Last, so good even if it worths billion so what? Owner shares with you meh? Cannot answer this dont victimize innocent. Be careful monkey last few years.
Posted by Fam Jenny > 2014-04-20 00:04 | Report Abuse
I personally don't like buying condos with high foreign ownership bcos most of them don't pay maintenance and at the end these condos are very poorly managed and locals suffer bcos of them when they are unoccupied unless in places where it can be let out easily it will have some exceptions.
Posted by zoomboom > 2014-04-20 00:17 | Report Abuse
Thanks for the heads up bro tripaka. Will keep vigilant.
Posted by stockoperator > 2014-04-20 02:39 | Report Abuse
Surely there is Boom and Bust to clear out the excess so that real Business and good value investment will shine. So no gambling. No speculation. No pyramid scheme. If there is no Bust, all these pyramid and speculation and gambling will never go away.
Be prepared with certain cash level and hedging and diversification.
No need to sell your Business close shop and sell your house and go back to live at Kampung.
Posted by clavinteng > 2014-04-20 03:12 | Report Abuse
BACK in 2006, the Iskandar Development Region in Johor was launched with pomp and fanfare as the state positioned itself as well as Malaysia to be a regional hub for property, theme parks, leisure, tourism, education and finance, among others.
Iskandar then attracted investors from the region as well as the oil-rich Arab states to spend on the best business deals in the region.
The Arab investors, however, despite inking several memoranda of understanding, have become noticeably absent.
It was reported that investments from the Middle East did not trickle in and some of the projects did not take off, and about 80 per cent of that land has since been sold to other foreign investors, including those from East Asia.
Read more: Chinese investors filling Arab void in Iskandar - Nation - New Straits Times http://www.nst.com.my/business/nation/chinese-investors-filling-arab-void-in-iskandar-1.504866#ixzz2zMRzhXL9
Posted by clavinteng > 2014-04-20 12:35 | Report Abuse
We may certainly be at that crucial point, and now might be a good time to take another look at your finances and consider selling before a major crash. The richest man in Asia certainly thinks so
Posted by calvintaneng > 2014-04-20 12:41 | Report Abuse
On any given day if you walk down Orchard Road you will notice that Singapore is a very Metropolitan International City. People from All Nationalities call Singapore home.
Jim Rogers the Commodities Billionaire King is here. He has traveled ROUND THE WHOLE WORLD TWO TIMES & ZEROED IN ON SINGAPORE.
Other Billionaires & Multi Millionaires From Indonesia & Film Stars From Hong Kong Are Also Here.
Since Iskandar Is Now Unofficially Incorporated as "THE GREATER SINGAPORE" Expect This Trend To Be Repeated In Iskandar. Arab? China? There are over 300 countries in the World yet to migrate here.
Now in Taman Molek, Plentong area - An Entire Block of Molek Pines Condo are converted into "MINI JAPAN". Right at the front is the "ONSEN DISPLAY" - The Famous Japanese Bath Culture".
Just Watch The Millions more Japanese that will come to Iskandar.
And China Millionaires? They are leaving China for other shores like London, New York or Sydney or Singapore. Just watch - more will be migrating & many will come to Iskandar.
The European Expats From Singapore Are Now In Ledang Heights. The Lego Land General Manager
Mr. Siegfried Boerst told me he reside in East Ledang. And with the Official Opening of Pinewood Studios many thousands more European expats will be here including Secret Agent James Bond 007
What About Singaporean PR from every states of Malaysia - Penang, KL (myself included), Perak, Selangor, Melaka, Seremban, Pahang, Perlis, Kelantan, Sabah, Sarawak, Trengganu, Muar, Batu Pahat, Mersing That Will Make their homes here in Iskandar in THE GREAT RURAL URBAN MIGRATION.
And With The Drying Up of Greater KL without life sustaining water - many more businesses & thirsty people will desert and abandon Greater KL for Well Watered ISKANDAR.
Then You Have The Ethnic Singapore Citizens Who Seek Investment in London, New York, Toronto, Sydney - AND NOW THEY FINALLY GROW GAGA OVER ISKANDAR.
MANY ARE CONTEMPLATING MOVING TO ISKANDAR. ALL THE MORE WHEN THOMPSON - JB MRT, FRIENDSHIP BRIDGE & BULLET TRAIN IS READY.
SO can you SEE Now?
Posted by clavinteng > 2014-04-20 12:49 | Report Abuse
Will the China investors run away just like middle east inventors back in 2006? The answer is yes.
Posted by clavinteng > 2014-04-20 12:55 | Report Abuse
Does China investors flush with oil money like middle east investors? No, they are here due to collapsing property market in China. Will China buyers flocking to Iskandar to snap up over price properties in Iskandar? When cooler weather countries like Australia, New Zealand offering a much better package? Will parents send their children to study in Iskandar and buy properties in advanced? Or they will do so in Australia, US and Canada? Any competitive reason to buy property in Iskandar now? Or should you wait for few more months or years and you will get same properties at half the price?
Posted by clavinteng > 2014-04-20 12:59 | Report Abuse
What guarantee that the China investors would not resort to price dumping if their properties are not selling well? No guarantee, if China buyers not willing to spend a million for a unit, they can dump to locals at 100,000.
Posted by calvintaneng > 2014-04-20 15:08 | Report Abuse
Think on these facts:
1) Did Bandar Utama, Taman Tun Dr. Ismail, Damansara, Puchong, Mont Kiara, Penang, Singapore boom due to China alone? Where were the Chinese when Malaysia built Petronas Twin Towers? Where did money come from? Petronas money. Of Course!
2) RM190 BILLIONS PETRONAS INVESTMENT IN RAPID COME FROM CHINA? READ AGAIN RM190 BILLIONS! Not RM190 Millions!
3) DID NOT NAJIB WANT ISKANDAR TO BE NEW JERSEY AND SINGAPORE TO BE LIKE MANHATTAN? Where did PM Najib mention China?
4) Petaling Jaya was known as the sleeping quarters for KL Workers 5o years ago. Then Factories started to sprout in PJ and the people of PJ no longer need to depend on KL for work. Did China cause PJ Boom?
5) In Year 1980 to 1990 - For 10 Years Singapore was known as the fastest growing economy in the world. Where was China?
6) Did Japan become an industrial power house after 2nd WW because of China?
7) Why about Korea's Samsung & Korean cars? China again?
8) Did Brunei'e wealth comes from China or from its Oil?
9) And Pinewood Studio from China?
10) Legoland, Hello Kitty & Johor Premium Outlet by China?
11) Educity with a dozen World Class Universities taught by China?
12) Motorsport City (RM3.5 Billions) run by China made cars?
13) VANTAGE BAY MEDICAL HUB RUN BY CHINA DOCTORS?
14) BIOXCELL PHARMA HUB IN SILC Run by China TCM?
15) How Many of the 6 Million Strong Inhabitants in Singapore are China Citizens?
16) SUNWAY LAGOON PENDAS WITH 2 INTERNATIONAL THEME PARK BUILT BY CHINA?
17) IS TAN SRI LIEW OF ECOWORLD FROM CHINA? WILL HE RUN - ALSO RUN BACK TO CHINA WHERE HIS ANCESTORS CAME FROM?
18) AND WILL ALL THE CHINESE MALAYSIAN & CHINESE SINGAPOREANS RUN BACK TO CHINA WHERE OUR ANCESTORS CAME FROM?
WHAT ABOUT ALL THE INDIANS? ALSO RUN BACK TO INDIA?
AND WHAT ABOUT AUSTRALIANS? RUN BACK TO ENGLAND AND LEAVE AUSTRALIA TO THE ABORIGINES?
AND USA? LET ALL RUN BACK TO UK, IRELAND, GERMANY, SPAIN & LEAVE AMERICANS TO THE RED INDIANS.
AND THE MALAYS? RUN INTO THE JUNGLES AND BECOME ORANG ASLI?
AND ORANG ASLI? CLIMB UP THE TREES & BECOME ORANG UTAN?
WHAT WARPED LOGIC?
NO! NO! NO!
IN THE NAME OF PROGRESS ISKANDAR WILL BE THE WORLD'S MOST ADVANCED CUTTING EDGE WORLD WEALTHIEST ECONOMIC REGION ON THE PLANET EARTH.
DIDN'T YOU HEAR THE BILLIONAIRE JIM ROGERS SAYS,
"THIS IS THE ASIAN CENTURY!!"
ISKANDAR IS AN IDEA WHOSE TIME HAS COME!
Posted by Ben Gan > 2014-04-20 16:32 | Report Abuse
The more a place is developed, the more will come. That's for sure. Iskandar will be great.
Posted by fortunebullz > 2014-04-20 20:34 | Report Abuse
Dr. Mahathir was right on previous crisis! De javu again!
http://www.themalaysianinsider.com/malaysia/article/dr-mahathir-warns-malaysia-to-prepare-for-another-financial-crisis-bernama
Posted by Kukuman > 2014-04-21 11:31 | Report Abuse
DrM always right. That's why Malaysia is where she is now.
Posted by kingleecha > 2014-04-21 12:58 | Report Abuse
Funny..If China market drop, Malaysia also the same as well as Iskandar.
Posted by calvinwky168 > 2014-04-21 13:24 | Report Abuse
Mainland property markets.
Lots of Hangzhou and Changzhou property price drop significantly.
In Chengdu, a property drop from RMB19000 psm to RMB13000 psm.
In Beijing & Shanghai, some prices drop marginally or minimal to no growth.
These are all major cities, where these development get reported in the mainstream newsline.
How about smaller cities? It seldom gets reported.
The central gov. has increased interest for property loan.
You need to pay 30% deposit for your 1st property.
You need to pay 60% deposit for a 2nd property and so on.
Mass purchase of properties, you'll get noticed by the gov.
The central gov. won't allow chaos to happen. Stability is key to remaining in power for CCP.
Central gov. and local gov. have different agendas.
Central gov. is doing all it can to balance stability and bubbles in their econ.
For now, market thinks they have contained it well.
But, it is getting more difficult to contain it.
How close are they to the risk of bubbles popping?
The next few months will be interesting to watch.
And this is just one of the bubble.
Posted by mmtalents > 2014-04-21 15:53 | Report Abuse
10 years cycle.. history repeat again and again.. game of the rich.. remember 1997-98? 2007-08? beware of 2017-17.... 10 years ago. no one expect US subprime will happen.. why it can't be a china subprime?
Posted by mmtalents > 2014-04-21 15:56 | Report Abuse
calvintaneng, rich ppl wont run, but they stay sideline, they go holiday during crisis.. while small people like us will dig hole for own grave if you are not prepare...
Posted by cckkpr > 2014-04-21 16:08 | Report Abuse
So, I keep accumulating sunway shares for exposure to its large tract of land in Iskandar. Iskandar boom, Sunway benefits, I also benefit.
Posted by stockoperator > 2014-04-22 16:31 | Report Abuse
Selling off China property mean asset allocation rather than Recession. It happens when commodity and gold sell off as well as Apple Facebook Google sell off. Part of Economics process to clear off excesses. How Big is the economy Nowadays? If we cant even estimate the size of the economy, where and how are we to talk about Recession?
Posted by stockoperator > 2014-04-22 16:36 | Report Abuse
The question always remains if the economy is strong enough to withstand High debt/Slow growth/high inflation and stagnant growth/High Interest Rate/Bank collapse/Property Bust/Currency Devaluation/or natural disaster.
If the economy is strong enough, then nothing will shake.
Posted by stockoperator > 2014-04-22 16:50 | Report Abuse
i rather put my faith/belief in stock selection and diversification and asset allocation and cash management.
No result.
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4.9 / 5.0
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
56,049 posts
Posted by calvintaneng > 2014-04-19 13:59 |
Post removed.Why?