Iskandar was built with the sole intention of luring Singaporean investors. But with the recent curbs implemented by the Gov, how do they expect this project to appreciate in future? If I were an investor, why would I pump in RM2 mil for a condo in JB when I can pump that same amount (or slightly more) and get one in the Golden Triangle in KL with much better prospects for capital appreciation?

Until the HSR is complete, I think singaporeans think that KL is too far....

JB, crime infested it was, is still near to their home base.

If I am singaporean, I will invest in Iskandar.

Likewise I only invest in KV because I know the area and I could manage my investment better.

I have realised the need to read our newspapers with a kg of salt. They tend to give the nice side of the story. Why? I guess that is one of the license conditions, not to create fear/panic in the public.

In fact, I have written to the author of one online property article where the author painted a nice prosperous image of the real estate industry less than 5 months ago. I cautioned the need to follow the principles of journalism (e.g., truth, etc) as some commoners may take the article as the truth and buy properties now as not to miss the train. If the bubble bursts or loan rate goes up, some of them will be cursing themselves for believing that article.

My 3 cents.

The key difference is that KL doesn't need Singaporean investors while Iskandar is almost totally reliant on Singaporeans. 70% of the properties in Iskandar bought by non Malaysians were purchased by Singaporeans.

And yes if u were a Singaporean you would invest in Iskandar but would you invest in a RM2 mil (starting price) condo or would you invest in a landed property?

That's my point.

Look at the amount of property launching advertisement on newspaper, think journalists dare to write negative about their $$ source.
If anyone buy property base on newspaper write they have themselves to blame.
Having says that current properties market r similar to pyramid scheme, so long u can get someone at the bottom then no problem.
Just don't blindly buy.

Almost all printed media paint a rosy picture of the property outlook. It is therefore, exercise due diligence before buying. No body knows what the future will become.

I had a chat with an architect, it was interesting to know the inside story of construction business. All the talk about petrol price hike and raw material price hike are inmaterial, the biggest cost is the land cost. There is only so much of land but plenty of raw materials suppliers.

All in all, construction is a lucrative business!!!! You want G&G, you want landscaping, you want quality build, you want prime location, the developer will pass on the costs to you.

Nobody will know when is the cheapest to buy, to make money, consider property a long term (5-10 years) investment.

This post has been edited by limch: Dec 9 2013, 10:22 AM

Aiyah...1mil or 2mil ringgit props are dirt cheap to them mah....

huge condos somemore, not like some bird cage HDB flats that could get for the same bucks back home...

Safety is a important aspect for Singapore buyer, Condo is safer compare to landed.

Then why is the take up rate only 50% 7 months after the initial launch?

Dunno...maybe the recent umno antics them off leh?

Then why is the take up rate only 50% 7 months after the initial launch?

----

must be too cheap lah!

Speculators/Investors will alway choose $$$ over dignity.

Singaporean now target Bangkok, London & Australia..hehe

http://www.bangkokpost.com/business/news/3...-bangkok-condos

http://www.channelnewsasia.com/news/busine...jor/818132.html

Look before you leap.

Give everyone person who participate the survey a free ipad.

Ok bro. You seem to know the market well coz I haven't been back there for quite some years now. All hear say lah. Thanks.

Does anybody know anything about property valuation prices coming down in some areas in KV?

http://www.forbes.com/sites/jessecolombo/2...bubble-economy/



This post has been edited by icemanfx: Dec 10 2013, 01:36 PM

This is another good article share by someone else:
http://www.businessinsider.com/are-you-the...he-table-2011-6

At the rate this bubble topic is heating up here, I reckon coming up with a song basd on bubble burst> A Parody on WHAT DOES THE FOX SAYS! bluppa-blup-blup-blup-pissshhhhhhhhh. THe KLSE ding, my salary no up, TNB goes buzzz, and the GST is coming. WHAT DOES PROPERTY SAYS! ah ga ding ding ding ding ding UP, ding ding ding ding ding UP!