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kamilnu
post Feb 11 2018, 12:24 AM

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Yes3......flippers being slaughered as we speak. Yeahh baby!

I aasume the johor auctions that are hot is the Palazzio studios in Austin Perdana there and condos in Bukit Indah.

This post has been edited by kamilnu: Feb 11 2018, 12:26 AM
kamilnu
post Feb 11 2018, 12:47 AM

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QUOTE(leodinouknow @ Feb 11 2018, 12:41 AM)
Yeah a lot of my friend which work at singapore and purchase condo as investment all burn hand. Empty for 1years plus no tenant since all unit for all block is for rent
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I singled out Palazzio bcos i visited the site and made a study of the development in 2013. I saw there were 4 blocks with high density studios. Next to the site there was another developer doing the same thing. After visiting the show room and the site i immediately run away.
kamilnu
post Feb 11 2018, 01:04 AM

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QUOTE(leodinouknow @ Feb 11 2018, 12:57 AM)
I will say dont touch jb property. A lot people burn hand. Except you got extra cash to buy and hold. Hard to rent out even advertise at lower than monthly installment loan
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Well....in the end i still bought one in 2013. A new double storey link house in Tmn Bukit Dahlia, Pasir Gudang. Developer was Johor Land. Rented for 15 months now with rental above bank installment + maintenance. Company account tenant some more. Huhuhu.

 

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