Single story semi d like this is a treasure in JB central..old school house.
.
after kim teng next best landed location are century garden (taman abad)/ pelangi / melodies / sentosa / sri tebrau.

This post has been edited by gogocan: Jul 28 2024, 06:30 PM

LINBAQ, LIN is my surname, while BAQ stands for Best At Quality – reminding me to always provide the best to our customers while protecting their interests.

FROM THE DESK OF THE FOUNDER & CEO,
Datuk Wira Ling Kah Chok


The century garden is super crowded already now.


Once the 60-storey Space Residency completed,I think MBJB will stop the Monday Pasar Malam....


You forget Taman Maju Jaya

Newspaper street


12, Jalan Maju,
Taman Maju Jaya,
80400 Johor Bahru,
Johor

Yeah you got the gist there

This post has been edited by jojolicia: Jul 28 2024, 06:58 PM

but fi buy to resell also wont untung much rite
coz need to take into account agent fees etc

bought long time ago ,so now untung, well properties if for investment usually its for very long term.

Only two thirds consent for en bloc sale


The proposed Urban Renewal Act (URA), expected to be tabled later this year, could allow the “en bloc” sale of entire strata developments, even if not all owners agree.

This controversial move has sparked both support for revitalising urban areas and concerns over the potential displacement of homeowners, especially those in lower-income brackets.

An en bloc sale occurs when all owners of a building agree to sell their units to a single buyer, often for redevelopment purposes.

This process, also known as a collective sale, is typically used to facilitate large-scale urban renewal projects.

Currently, under Section 57 of the Strata Titles Act 1985, a strata development can only be sold if there is 100 per cent agreement from the owners.

The proposed URA seeks to lower this threshold, depending on the age and condition of the building.

The new law would lower the consent threshold required for an en bloc sale, depending on the age of the building.

Buildings under 30 years old could be sold with 80 per cent consent from the owners, while those older than 30 years would require only two-thirds consent.

For buildings that are deemed unsafe or abandoned, just half of the owners would need to approve the sale.

Cities like Hong Kong, Singapore, and Tokyo implement lower thresholds for en bloc sales, driven by high urban density, limited land availability, and the need for redevelopment.

In Hong Kong, for example, an en bloc sale can proceed with 90 per cent agreement from residents.

In Singapore, developments 10 years or older require at least 80 per cent consent, while newer projects need 90 per cent.

Malaysia’s proposed URA aims to adopt a similar model to address ageing infrastructure and urban decay.



Taman House not affected by this law?