Posted by calvintaneng > 2016-04-23 00:28 | Report Abuse

Think on these facts:

KL got 8 million people while Singapore has 5.5 million people.

However, the purchasing power of Singaporeans are 3 times more than KL

So 5.5 millions x 3 = 16.5 millions

So KL is 8 millions while Singapore is 16.5 millions = More than twice the purchasing power of those in KL.

Now the thing is this:

Johor properties are only 15% of those compared to Singapore & less than half price compared to those in KL or Penang.

From the logical deduction Properties like One Storey or Two Storey Houses in Johor, especially Iskandar MUST RISE IN PRICES OVER TIME!

In the light of these facts INVESTING IN JOHOR LANDED HOUSES IS THE BEST OPTION!

Posted by Hiu Chee Keong > 2016-04-23 00:35 | Report Abuse

Dont forget that iskandar alone almost 3 times simgapore size, so even the whole singapore move in, there will be still plenty of lands in iskandar, what more the whole johor. while there is no doubt that house price ther will rise, but there is no problem of short of lands in iskandsr, and johor for housing development.

Posted by calvintaneng > 2016-04-23 00:54 | Report Abuse

Iskandar land size Big?

Don't forget these Massive Investments Coming into Iskandar

1) Cumulative Rm300 Billions FDI expected in 10 years.
2) Pengerang's RAPID (Total Rm170 Billions)
3) FOREST CITY (Rm175 Billions)
4) Cyberjaya Sedenak by Microsoft (Rm6 Billions)
5) Motorsport City (Rm3.5 Billions)
6) Sunway 2 Theme Parks (?)
7) 3 More World Class Theme Parks (?)
8) HSR & MRT From Spore to Johor
9) SIME DARBY PARK In Tg Langsat
10) BIOXCell in SILC
11) JPO Phase 2 with Hotel & Theme Park
12) ASCENDAS TECH PARK PHASE 2
13) HALAL FOOD PARK
14) MALL OF MEDINI (Phase 2 to Phase 5)
15) EDUCITY
16) MEDICAL PARK & WELLNESS CITY
17) PROPOSED NEW AIRPORT IN PONTIAN
18) JCY E & E HUB
19) SOUTH KEY MEGA MALL
20) TEBRAU CITY DEV (Quek Leng Chan buying a stake?)
21 ( And Many Many More)

TOTAL CUMULATIVE FDI & INVESTMENTS WILL REACH A MIND BOGGLING RM1 TRILLIONS

Posted by Hiu Chee Keong > 2016-04-23 01:31 | Report Abuse

Johor currently has 730K+ resident units, soon 182K+ will be on market, and 168K+ in plan to be launch within next 5 years. It means there will be about 350K+ units in market within next 3 years, that is about 45% increase. The security also a problem, will we have the same amount of police forces increase in johor ?
Anyway, i actually planing to move to johor and buy a house.

Posted by Hiu Chee Keong > 2016-04-23 01:31 | Report Abuse

Reference : http://www.straitstimes.com/business/concerns-piling-up-over-iskandar-housing-glut

Posted by moneySIFU > 2016-04-23 01:33 | Report Abuse

So, can buy KSL now or not to buy now?

Posted by Lk036 > 2016-04-23 07:41 | Report Abuse

Another big factor is politic. Johor politically is more open minded n going for progress. Many Chinese now is talking n start to move n buy property in Johor for future n maybe next generation. Some say you can see the changes in 5 years.

Posted by calvintaneng > 2016-04-23 11:04 | Report Abuse

Is there is Property Glut in Johor or Iskandar?

Yes, if you look at the current building Boom.

BUT ALWAYS LOOK BEYOND THE PRESENT MOMENT.

One Trillion Ringgit FDI Plus Local Investments Will Create Multiplied Millions of Jobs for Iskandar in the future.

70,000 jobs from Pengerang's RAPID. These high quality jobs will in turn lead to 4 extra jobs indirectly like Cooks in Restaurants, Barbers, Petrol Station staff, Supermarket Staff, Car Repair Shop workers & other necessary jobs. So you can expect Pengerang's RAPID to generate 350,000 jobs in total.

And with Jobs will come immigrants from all over Malaysia, Singapore & other parts of the world.

This is just like the SHENZHEN SCRIPT

In early 1990s SHENZHEN has only a mere 1 million population. ngWhen Shenzhen opened its doors for FDI - US Factories stepped up investments into Shenzhen & renamed SHENZHEN as the World's Factory.

As a result it drew in migrat workers from SiChuan, Hunan & from all over China. These fresh immigrants later became cutizens of Shenzhen. And the population of Shenzhen swelled from 1 million to over 10 millions - overtaking even Hong Kong's 7 million population.

Property prices in the beginning were only a fraction of HK's - just like Johor's compared to expensive Singapore.

Today Shenzhen properties has further narrowed to only 40% to 50% of those in Hong Kong.

So the Story of Shenzhen will be repeated here in Iskandar.

Who knows?

Iskandar now with less than 1 million people might also overtake Singapore's 5.5 million population some day.

SO YOU BETTER INVEST EARLY BEFORE PROPERTY PRICES RUN AWAY FROM YOUR GRASP.

Posted by Ahbeng Beng > 2016-04-23 16:37 | Report Abuse

Hiu chee keong: dont view ppty market as 1 item. There are many category, those area that desired by singaporean, landed gated and guarded, price will hard to drop. Just now saw gerbang nusajaya launch Melia residence landed project, ppl are queuing up at medini mall to inquire n buy the project. Same thing to Melbourne ppty market, suburb houses price are still growing esp those closer to the city while those city high rise, a lot of it drop in value due to oversupply.

Same thing, maybe certain area supply is too huge, but other type still worthwhile to get in.

Posted by Ahbeng Beng > 2016-04-23 16:44 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/04/19/uem-sunrise-revises-downward-sales-target/
Although buying power is strong in the Klang Valley, houses within the price of RM400,000 to RM500,000 such as Melia Residences in Gerbang, Nusajaya would sell, he added.

Funny line from the news report, comparing Klang valley buying power to johor ppty, doesnt quite matching.

Posted by calvintaneng > 2016-04-23 18:08 | Report Abuse

Ahbeng Beng Hiu chee keong: dont view ppty market as 1 item. There are many category, those area that desired by singaporean, landed gated and guarded, price will hard to drop. Just now saw gerbang nusajaya launch Melia residence landed project, ppl are queuing up at medini mall to inquire n buy the project. Same thing to Melbourne ppty market, suburb houses price are still growing esp those closer to the city while those city high rise, a lot of it drop in value due to oversupply.

Same thing, maybe certain area supply is too huge, but other type still worthwhile to get in.
23/04/2016 16:37

Calvin thinks Melia Residence houses located only 800 meter from Gerbang Nusajaya HSR Station will be a great value buy.

Just grab one if you can afford it.

Posted by paperplane2016 > 2016-04-24 01:25 | Report Abuse

It is a sad story, which meant to be good.....