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4 comment(s). Last comment by calvintaneng 2023-08-22 22:19
Posted by Robert Waters > 2023-08-22 16:41 | Report Abuse
Yes, you are right, Calvin. But it will take time. Longer than we think.
Posted by calvintaneng > 2023-08-22 22:17 | Report Abuse
Yes, but things are brightening up
On these Factors
1. Average Wage of Johoreans
Rm40,000 per year
Average wage of KL people per year Rm85,000
But Johor got the Booster from Singapore!
Singapore average wage is S$70,000
At One Sing dollar to Rm3.40 exchange rate
= Rm238,000
There are 6 million people in Singapore Plus 3.5 million people in Johor
About 1 million workers in Spore are Malaysians
And daily 400,000 Johoreans cross over to Spore for work every morning earning Sing dollar
In Greater KL there are about 9 million people
Every day 400,000 Johoreans earn in Sing Dollar return to Johor
Every Friday, Saturday & Sunday the other 5 Million Sporeans crosesed over JB to shop, do car wash, pump petrol & others
So JOHOR has much more prospects for long term growth than KL
When RTS is ready Sporeans also can just rent out their HDB flat for S$4,000 (Rm13,600) and fully retire in Johor
Rent is only Rm1,500 to Rm1,800
Sporeans may not need to buy but can rent houses in Johor
Plus Spore Cheapest car is over S$120,000 (Rm408,000) Perodua Bezza?
COE alone almost S$100K
In Johor Perodua Bezza is Rm43,000
So for One Bezza in Spore you can get 9 same Bezza in Johor
Plus Sporeans can buy Malaysian car with Malaysia number plate and pump Ron 95 as long as they don't drive it back (not allowed) to Spore
Ron 95 is about Rm2.10
Now Ron95 is $3.00 in Spore or Rm10.20
With earning power of S$70,000 (Rm238,000) a year the Assets of Johor will be in an upward trajectory for many years to come
Posted by calvintaneng > 2023-08-22 22:19 | Report Abuse
No result.
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save malaysia!
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CS Tan
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
56,437 posts
Posted by calvintaneng > 2023-08-22 13:39 | Report Abuse
As 2026 gets nearer and nearer Johor landed houses will rise up to match those of Kl in prices
After 2026 when more people start to relocate from Singapore to Johor then property prices will overtake those of Kl to match the price of those landed houses on Penang Island