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 What happen to Johor Condo (Tuas)?

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TSJazted
post May 30 2023, 11:14 PM, updated 3y ago

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The launch price in 2016 is RM630psf now drop to RM450, and you can still can bargain with the price.

Any future potential for Iskandar / Medini Region?

This post has been edited by Jazted: May 30 2023, 11:16 PM
Randy2552
post May 30 2023, 11:38 PM

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Over supply...
cedyy
post May 31 2023, 12:36 AM

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awful layout...room doors directly face living dining area and the common toilet facing dining area.
loyiwei
post May 31 2023, 08:50 AM

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QUOTE(Jazted @ May 30 2023, 11:14 PM)
user posted image

The launch price in 2016 is RM630psf now drop to RM450, and you can still can bargain with the price.

Any future potential for Iskandar / Medini Region?
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Still a lot of land in medini and population is sparse. Not the time yet.

If can wait to only see profit in next generation, can try to look for landed. Highrise can forget about it for 2-3 gens
nexona88
post May 31 2023, 09:09 AM

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Oversupply of high rise...

Location also not so okay

Design layout... No comments

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LoTek
post May 31 2023, 09:18 AM

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Try to cross the border one time during peak time/day. Most sgp bought for holiday home then realised cannot come over in holiday due to congestion. The 4-5km across border take longer than flight to china.
TSJazted
post May 31 2023, 12:42 PM

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QUOTE(Randy2552 @ May 30 2023, 11:38 PM)
Over supply...
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But compared to near to the woodland boarder the condo jumped skyrocketing. Wasnt Dangabay, R&F, Central park also large in supply?
max_cavalera
post May 31 2023, 12:52 PM

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QUOTE(Jazted @ May 31 2023, 12:14 AM)
user posted image

The launch price in 2016 is RM630psf now drop to RM450, and you can still can bargain with the price.

Any future potential for Iskandar / Medini Region?
*
Any property investment outs KL and KV(nearer to KL) is consider high risk.

Just look at Cyberjaya.

Condo sold there 17-20 years ago.

The subsale price is almost similar to the selling price 17-20 years ago.
loyiwei
post May 31 2023, 01:04 PM

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QUOTE(Jazted @ May 31 2023, 12:42 PM)
But compared to near to the woodland boarder the condo jumped skyrocketing. Wasnt Dangabay, R&F, Central park also large in supply?
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It is more a recovery to pre covid pricing driven by increased rental demand from Malaysians that are priced out of Singapore rental market. For second link, it is bukit indah area rather than puteri harbour area.

Those Malaysian travel in and out daily need local lifestyle, not expat life style in puteri harbour.

 

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