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R&F Princess Cove, Iskandar Zulkanain
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lamode
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 Aug 1 2014, 01:23 PM
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QUOTE(Zelphon @ Aug 1 2014, 12:05 PM) Phase 1 (currently selling) is on SOLID LAND.. Phase 2 is partially on reclaimed land.. Phase 3, 4, 5 totally on reclaimed land... Only phase 1 obtained the approval for sale now... The rest all pending approval due to land reclaimation complain from SG.. Worse case scanrio.. All reclaimed land cannot proceed... Phase 1 will rocket !!! Cos much lesser supply.. the possibility of the worse case scenario is very slim, this project is closely linked to Sultan of Johor if you get what i mean.   |
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JamesPond
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Aug 1 2014, 02:29 PM
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is this under iskandar policy? foreign can purchase above 500k?
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Cocoon
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Aug 1 2014, 02:31 PM
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QUOTE(JamesPond @ Aug 1 2014, 02:29 PM) is this under iskandar policy? foreign can purchase above 500k? 1m. Only medini 500k |
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JamesPond
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Aug 1 2014, 02:32 PM
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that is the problem with jb town.
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Cocoon
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Aug 1 2014, 03:49 PM
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QUOTE(JamesPond @ Aug 1 2014, 02:32 PM) that is the problem with jb town. This one freehold. Medini all leasehold. Thats the problem with medini |
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JamesPond
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Aug 1 2014, 04:01 PM
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ok Medini is leasehold. big problem. dont touch leasehold. only touch freehold.
so all superstar developers in medini are facing problem now and then.
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gogocan
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Aug 1 2014, 04:07 PM
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What is the problem with LH? Lots of condos in KV also leasehold.
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SUSgogo2
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Aug 1 2014, 04:08 PM
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QUOTE(JamesPond @ Aug 1 2014, 04:01 PM) ok Medini is leasehold. big problem. dont touch leasehold. only touch freehold. so all superstar developers in medini are facing problem now and then. QUOTE(gogocan @ Aug 1 2014, 04:07 PM) What is the problem with LH? Lots of condos in KV also leasehold. When there's no choice, then go for leasehold. If got freehold but you still buy leasehold, you brain might need some checking? That might be a problem?  And Princess Cove is freehold in Super Prime area. This post has been edited by gogo2: Aug 1 2014, 04:08 PM |
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JamesPond
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Aug 1 2014, 04:09 PM
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yes, big players developer in medini need to gets their brain checked by someone not really well known to public from lowyat.net
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SUSgogo2
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Aug 1 2014, 04:12 PM
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QUOTE(JamesPond @ Aug 1 2014, 04:09 PM) yes, big players developer in medini need to gets their brain checked by someone not really well known to public from lowyat.net Seller no need to check. Buyer need to check.  |
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Cocoon
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Aug 1 2014, 04:18 PM
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QUOTE(JamesPond @ Aug 1 2014, 04:01 PM) ok Medini is leasehold. big problem. dont touch leasehold. only touch freehold. so all superstar developers in medini are facing problem now and then. The super stars face problem when chinese developers launching at 800 psf with 30k units. They kena f bro... investors also kena f |
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JamesPond
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Aug 1 2014, 04:19 PM
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better both party go for a proper checking. I am sure something is wrong somwhere.
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Cocoon
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Aug 1 2014, 04:20 PM
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QUOTE(gogocan @ Aug 1 2014, 04:07 PM) What is the problem with LH? Lots of condos in KV also leasehold. u will know it when market turns bad. Lh n fh now seems the same but u will feel the gap over long run. |
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Zelphon
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Aug 1 2014, 04:27 PM
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Getting Started
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QUOTE(gogocan @ Aug 1 2014, 04:07 PM) What is the problem with LH? Lots of condos in KV also leasehold. One of the main highlights of MM2H is that foreigners can buy FREEHOLD properties in Malaysia as compared to peers... In SG, Freehold condos are very expensive and rare... In Malaysia where land is abundant and there's plenty of FREEHOLD properties, why go for LEASEHOLD?? Leasehold is cheap because it is precisely a LEASE.. and value will definitely starts to depreciates once remaining lease left 60 yrs old.. |
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JamesPond
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Aug 1 2014, 04:38 PM
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QUOTE(Zelphon @ Aug 1 2014, 04:27 PM) One of the main highlights of MM2H is that foreigners can buy FREEHOLD properties in Malaysia as compared to peers... In SG, Freehold condos are very expensive and rare... In Malaysia where land is abundant and there's plenty of FREEHOLD properties, why go for LEASEHOLD?? Leasehold is cheap because it is precisely a LEASE.. and value will definitely starts to depreciates once remaining lease left 60 yrs old.. i agreed. but can foreigner buy freehold property without getting MM2H? |
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gogocan
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Aug 1 2014, 04:40 PM
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QUOTE(Cocoon @ Aug 1 2014, 04:20 PM) u will know it when market turns bad. Lh n fh now seems the same but u will feel the gap over long run. When the market turn bad all feel the same la..coz last time FH cost more than LH. |
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tengster
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Aug 1 2014, 04:43 PM
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QUOTE(gogocan @ Aug 1 2014, 04:40 PM) When the market turn bad all feel the same la..coz last time FH cost more than LH. Is gogocan = gogo2? I am confused. |
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JamesPond
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Aug 1 2014, 04:58 PM
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related or relative kua
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gogocan
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Aug 1 2014, 04:59 PM
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Better buy orchid view condo and get a larger unit + spend the saving for landed freehold in JB.
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Cocoon
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Aug 4 2014, 07:49 PM
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QUOTE(gogocan @ Aug 1 2014, 04:59 PM) Better buy orchid view condo and get a larger unit + spend the saving for landed freehold in JB. Any news on this peoject? Seems not making big impact huh |
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