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Johor Property, share and discuss
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Cavatzu
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May 6 2023, 05:53 AM
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QUOTE(PAChamp @ May 5 2023, 05:17 PM) JB has such good potential but some of our politicians seem to want to sabotage JB. Our dear old Tun was not pleased with Singapore and insisted on crooked bridge. Najib reversed that and made HSR to KL a go but then this PN and their "vested interests" wanted to change the HSR so that assets will belong to "certain parties" cancelled it when Singapore said no way. Glad that Johor took matters into their own hands with the RTS. Many Johor property investors were severely burned during covid but hopefully with RTS, things will improve. Imagine, Singapore whacks foreign buyers with 60% stamp duty, the next best and very cheap (comparatively) is JB... It will be interesting to see if Forest City can be revived due to this. Can JB overcome the very bad investor sentiment?
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Cavatzu
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May 7 2023, 09:25 AM
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QUOTE(michaelchang @ May 6 2023, 08:40 PM) Hoping to get spillover from Singapore due to their increase in ABSD is like a ciku stall beside a famous durian stall hoping for better sales when durian price increase. lol Say it enough and you can drum FOMO into the water fish. But yea probably worth it for Malaysians who work in SG to pick something up.
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Cavatzu
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May 8 2023, 12:57 PM
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QUOTE(PAChamp @ May 8 2023, 09:56 AM) This is possible IF (big IF) the authorities can minimise the travelling time from JB to SG in the peak morning hours to max 1 hour with direct LRT/MRT/Rail connection. I tell you, if that happens it will benefit both governments. SG property prices may stabilise and JB property prices will increase not to mention the quality of life for JB folks working in SG will improve tremendously. This is the Shenzhen-HK paradox. There has to be political will and in the case of China it was all part of CCP’s plan. But here you got 2 seperate governments one which is very by the book and the other less so. This may well work in the future where you have shared immigration/customs border and expedite travel.
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