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 R&F Princess Cove, Iskandar Zulkanain

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Rusby
post Aug 17 2014, 09:49 PM

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QUOTE(CloudAtla$ @ Aug 17 2014, 09:18 PM)
Keep away fr jb.
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Wah! So many negative comments on JB. Personally, I think the pricing for this project is reasonable. Proximity to Singapore will never be emulated. But density may be too high. More suitable for long-term investment or own stay. Just m2c
Rusby
post Aug 23 2014, 12:35 AM

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QUOTE(Cocoon @ Aug 22 2014, 11:47 PM)
Behind one can get below 700psf
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Long gone bro! But it was possible.
Rusby
post Aug 23 2014, 05:29 PM

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QUOTE(airline @ Aug 23 2014, 03:08 PM)
this danga bay country garden and rf almost same price per sq feet as well forgot to add..
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Overall, I think RF is slightly cheaper than country garden Danga bay with arguably better location.
Rusby
post Aug 24 2014, 11:57 AM

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QUOTE(Cocoon @ Aug 24 2014, 09:58 AM)
Absolutely not... I am worried zombies attack me
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Lol. World War Z
Rusby
post Aug 24 2014, 09:00 PM

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QUOTE(Zelphon @ Aug 24 2014, 08:53 PM)
I agree..
But that may soon change..
Singaporeans are being displaced at an alarming rate....

Out of survival and necessities, quite a number has been forced to stay in JB..
There are so many issues in SG now namely infrastructure support, high property price eroding CPF and disposable income.. Inadequacy of CPF for retirement.... Extremely high cost of living.. etc..

Already some PAP scums are talking about 10 million population target..

I foresee more Singaporeans will be moving to JB for a breather..

As for rental, I was quite surprised that the norm rental rate of my mum's place in Taman Daya is now RM 800 a month... No furnishing.. NOTHING !! Just an empty house.. Just secured a tenant at RM 700.. Neighbors are asking whether is it for sale.. One thing for sure, rental has been creeping up.. Same thing in SG when all the tolls VEP is implemented..

There could be a rental market so Malaysians working in SG in JB.. when the proper transport infrastructure is there.. and the rent is justified..
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Yup. IMO, the landscape & demography will definitely change markedly in the medium term. Most of the manufacturing facilities will be relocated to JB by the end of the decade. So, it's not doom & gloom after all. With proper planning, the Shenzhen/HK vision might just materialise. Well, time will tell.

This post has been edited by Rusby: Aug 24 2014, 09:01 PM
Rusby
post Aug 24 2014, 11:10 PM

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QUOTE(Zelphon @ Aug 24 2014, 10:59 PM)
Well, in my opinion, Johor is very big... so there's different segment for different groups..
But the CBD of Johor is undeniably the CIQ area..

For investment in this area, the target audience is the people working in finance... legal etc..
Even Johor Sultan Palace is in this area..
If manufacturing do prosper, and Iskandar takes off..
The CBD area will definitely expands to cater to the needs of business..

I am betting on the R&F 150 storey high Grade A Office Tower and the development of Woodlands Northern Gateway to generate the high paying jobs and the holder of these jobs is therefore the targeted tenant base.. and the RTS which connects these 2 key development..

smile.gif
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Good calculated bet. Let's hope it materialise for our sake.
Rusby
post Aug 24 2014, 11:53 PM

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QUOTE(Cocoon @ Aug 24 2014, 11:24 PM)
You should look beyond sg. If you only think of sg lang moving to Iskandar or Malaysians (super saver) who work in sg but stay in JB you wont be able to see it very far...
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The developer better have a long-term plan for this project cause as far as I know some banker friends of mine told me they are quite skeptical in extending high amount of EF line for China based developers not knowing whether they are here for good. Lotsa extra T & C imposed for the borrowers. Eg. Min income > RM15k, salaried only etc
Rusby
post Sep 1 2014, 09:02 PM

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QUOTE(yck1987 @ Sep 1 2014, 04:57 PM)
rclxms.gif  rclxms.gif  rclxms.gif  buy within your means , thats the way!
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+1
Keep calm, carry on buying. Live within your means

 

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