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 Shenzhen Bahru: JB property will 3x and tag wit SG

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Jazted
post Nov 5 2024, 01:56 PM

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QUOTE(takbodoh722 @ Nov 5 2024, 01:51 PM)
Use official data. Not some unnamed guru.
https://napic2.jpph.gov.my/en/data-visualiz...egory=15&id=235

Johor median residential property price is RM404k only.

https://napic2.jpph.gov.my/en/data-visualiz...tegory=15&id=50

How can the median price be $645k when 68% of transactions are below RM500k
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I think need to separate data of landed and high rise also restrictions to JB to get full picture.


gnc88
post Nov 5 2024, 02:00 PM

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Recently went to visit JB along with HQ folks to look at planned HQ site. JB is sorely lack in infrastructure. Need at least another 5 to 10 years for JB to be something.
ja836kyau
post Nov 5 2024, 02:06 PM

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QUOTE(gnc88 @ Nov 5 2024, 02:00 PM)
Recently went to visit JB along with HQ folks to look at planned HQ site. JB is sorely lack in infrastructure. Need at least another 5 to 10 years for JB to be something.
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No worries.

Singapore will help and support Johor.

You have any idea how many billions of dollars of JB properties had transacted in last 12 months just by Johor shouting Singapore 3 times a day rclxm9.gif rclxm9.gif rclxm9.gif

takbodoh722
post Nov 5 2024, 02:07 PM

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Its in the link.

Can't look at just Semi-D data and then extrapolate that this is the median price for all residential property in Johor. Semi-D only less than 10% of all transactions (see sample size).

user posted image
takbodoh722
post Nov 5 2024, 02:11 PM

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QUOTE(ja836kyau @ Nov 5 2024, 02:06 PM)
You have any idea how many billions of dollars of JB properties had transacted in last 12 months just by Johor shouting Singapore 3 times a day  rclxm9.gif rclxm9.gif  rclxm9.gif
sinkies aren't that bodoh. Buy house at 2x to 3x price of locals.

transaction data show non-bolehlanders do few hundred transaction a year in Johor only. Very very small numbers.

only people like Tan Kin Lian buy into places like bandar hantu....which doesn't say much.
bukankhadam
post Nov 5 2024, 02:23 PM

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QUOTE(max_cavalera @ Nov 5 2024, 07:30 AM)
Fffuuuu at this day and age poorpetty guru still exist and thriving arh?
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selling whatever courses (realty, finance, trading, etc) will always work because there's always supply of water fish
TSknwong
post Nov 5 2024, 02:46 PM

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QUOTE(takbodoh722 @ Nov 5 2024, 01:51 PM)
Use official data. Not some unnamed guru.
https://napic2.jpph.gov.my/en/data-visualiz...egory=15&id=235

Johor median residential property price is RM404k only.

https://napic2.jpph.gov.my/en/data-visualiz...tegory=15&id=50

How can the median price be $645k when 68% of transactions are below RM500k
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This public data contains Low-cost flat, house and vacant plot leh...

I just use PropertyGuru
https://www.propertyguru.com.my/johor/johor-bahru

QUOTE
Properties in Johor Bahru are mainly freehold properties. The median price for the properties in Johor Bahru stands at RM 675k while the median price per square feet stands at RM 273. There are a total of 15,453 projects as of now in Johor Bahru. This showcases the variety of property type that home owners and investors can browse through to find the one they fancy such as D’Ambience, Adda Heights, R&F Princess Cove, Greenfield Regency and Setia Tropika.

takbodoh722
post Nov 5 2024, 02:57 PM

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The link provides a breakdown. I shared a screenshot as well.
focusrite
post Nov 5 2024, 04:05 PM

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QUOTE(p4n6 @ Nov 5 2024, 08:36 AM)
I think what lacking is human to stay in those properties …

Just that some MY works in SG, doesn’t mean they are earning 3x in MY for same job. My friend in MY RM20k salary, went to SG only SGD7k … slightly higher after convert subject to currency exchange … everyone thinks his salary in SG is SGD20k … so expect him to pay for meal since earn 3x …
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I don't understand why would anyone give up 20k MYR salary in Msia for 7k SGD salary in SG
takbodoh722
post Nov 5 2024, 04:11 PM

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QUOTE(focusrite @ Nov 5 2024, 04:05 PM)
I don't understand why would anyone give up 20k MYR salary in Msia for 7k SGD salary in SG
If in 5 years, that 7k become 10k
If in 10 years, that 7k become 15k

What is the upside potential of a RM20k salary (considered very high already) vs 7k which is considered average in sinkieland.....
Chrix
post Nov 5 2024, 04:17 PM

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lol sure

konon if so confident how many units this sifut buy there?.none? LoL

Just like "finance bros" who talk big about investing but has noting tangible, still hutang sekeliling.
p4n6
post Nov 5 2024, 06:53 PM

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QUOTE(focusrite @ Nov 5 2024, 04:05 PM)
I don't understand why would anyone give up 20k MYR salary in Msia for 7k SGD salary in SG
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At the point of SGD almost 3.5 and rumor said will hit 4.0 so thought it was a smart move in midterm … and people glorify people work in SG cause garbage there smell like cologne.


river.sand
post Nov 5 2024, 07:08 PM

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QUOTE(focusrite @ Nov 5 2024, 04:05 PM)
I don't understand why would anyone give up 20k MYR salary in Msia for 7k SGD salary in SG
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Maybe someone wants his or her children to receive quality education in Singapore.

You know how shitty Malaysia education is...
TSknwong
post Nov 5 2024, 07:15 PM

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QUOTE(river.sand @ Nov 5 2024, 07:08 PM)
Maybe someone wants his or her children to receive quality education in Singapore.

You know how shitty Malaysia education is...
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Not that straight forward to enroll your children into SG gomen school if you just arrive in SG. Need to pass entrance exam. My colleague children did not pass so have to enroll in JB private school
MGM
post Nov 5 2024, 07:53 PM

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It all depends on the success of JSSEZ which will be signed end of 2024. Plus SFZ & HSR.
Area around RTS & city center will boom 1st, prices already as high as KL. Many projects have been revived n speeding up with very good sales, some outer areas too. Market is getting hot, many new lauching completely sold within a day. Can see many developers r taking the JSSEZ opportunity to push forward their projects just in case it doesnt turn out well. Next 5 years & SG's help r very crucial for success. We shall see.
Other important factors:
Need global investors n industries support
Strong n lasting govt support
Availability of human resourses n talents
Good infrastructure, roads, public transport, electrcity, water etc
.
.
.



pgsiemkia
post Nov 5 2024, 08:06 PM

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China will never come and invest in any constructions or developments if Madani do not give a gomen guarantee like stupid 3rd world African countries and Sri Lanka.

TSknwong
post Nov 5 2024, 08:10 PM

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QUOTE(MGM @ Nov 5 2024, 07:53 PM)
It all depends on the success of JSSEZ which will be signed end of 2024. Plus SFZ & HSR.
Area around RTS & city center will boom 1st, prices already as high as KL. Many projects have been revived n speeding up with very good sales, some outer areas too. Market is getting hot, many new lauching completely sold within a day. Can see many developers r taking the JSSEZ opportunity to push forward their projects just in case it doesnt turn out well. Next 5 years & SG's help r very crucial for success. We shall see.
Other important factors:
Need global investors n industries support
Strong n lasting govt support
Availability of human resourses n talents
Good infrastructure, roads, public transport, electrcity, water etc
.
.
.
*
Which project sold out within a day? I want to check it out
Lucas0323
post Nov 5 2024, 08:33 PM

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Shenzhen is tech city for the world while Johor
Boomwick
post Nov 5 2024, 08:59 PM

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Cannot buy below 1m, then rent lo.. rent cheap cheap
TSknwong
post Nov 5 2024, 09:35 PM

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QUOTE(Lucas0323 @ Nov 5 2024, 08:33 PM)
Shenzhen is tech city for the world while Johor
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Every city start from humble beginning. From Tier 3 slowly evolve become Tier 1 city.
JB to me is Tier 3 now...

QUOTE
Shenzhen was previously a fishing village and a border city before becoming a special economic zone (SEZ) and a modern metropolis


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