Should I semiretire in JB now?

[ocs_woodlands]

Johor Bahru-Singapore RTS link 'not progressing well', Malaysia missed deadlines: Khaw

https://www.channelnewsasia.com/new...k-not-progressing-well-khaw-boon-wan-11121662

"Should I SEMI retire in JB now?" implies and means continue working while staying in JB...

well...

 

[mummy1234]

They “boh lui”. Have to feed millions of civil servants and service 1 trillion ringgit debt. If you take a 4 percent interest rate and each civil servant yearly pay of 20k ringgit per year. Just do your maths how much money goes to both.

A pittance compared to how much Sg pays her civil servants...lol...

 

[homer123]

Good news if you are planning to rent when retiring in JB or Malaysia.
JB’s high-rise residences’ vacancy rate expected to hit above 50% this year

BY RACHEL CHEW of EdgeProp.my

KUALA LUMPUR: The vacancy rate of Johor Baru’s high-rise residences is expected to hit above 50% for the first time in 2019, said CBRE|WTW Johor Baru director Tan Ka Leong.
During his presentation of the Johor Baru real estate market outlook at the launch of the CBRE|WTW Asia Pacific Real Estate Market Outlook 2019 Malaysia report yesterday, Tan pointed out that the 2019 market outlook for high-end, high-rise residential in Johor Baru will remain challenging.
“Generally, all the property segments in Johor Baru were horizontal in 2018. Landed residential property transaction volume was down 20% while high-rise residential property transactions dropped 50% last year. There were also fewer high-end residential transactions in 2018,” Tan noted.
He added that some 10,500 units of incoming supply will be added to the high-rise residential market in 2019. “That translates into about 10% of the existing 102,851 units. I foresee prices and rents moving downwards in 2019 and for the first time, the vacancy rate will break through the current 50% resistance level in 2019,” Tan shared.
The situation is just as bad with the purpose-built office and retail sectors in Johor Baru.
Tan said there is currently 5.84 million sq ft of purpose-built office space in Johor Baru and in 2019, some 928,000 sq ft or 16% additional space will be added to the market.
Tan also expected the vacancy rate for purpose-built office space to rise from the current 26% to 35% in 2019.

This article was first published inwww.EdgeProp.my. Check out the website for the latest property news and listings

 

[RexxarLoh]

Happy Lunar New Year everyone! 我祝大家新年快乐，身体健康，吉祥如意，家和团员，财源广进, 猪年大吉。=)

 

[NewInvestor]

Good news if you are planning to rent when retiring in JB or Malaysia.
JB’s high-rise residences’ vacancy rate expected to hit above 50% this year

BY RACHEL CHEW of EdgeProp.my

KUALA LUMPUR: The vacancy rate of Johor Baru’s high-rise residences is expected to hit above 50% for the first time in 2019, said CBRE|WTW Johor Baru director Tan Ka Leong.
During his presentation of the Johor Baru real estate market outlook at the launch of the CBRE|WTW Asia Pacific Real Estate Market Outlook 2019 Malaysia report yesterday, Tan pointed out that the 2019 market outlook for high-end, high-rise residential in Johor Baru will remain challenging.
“Generally, all the property segments in Johor Baru were horizontal in 2018. Landed residential property transaction volume was down 20% while high-rise residential property transactions dropped 50% last year. There were also fewer high-end residential transactions in 2018,” Tan noted.
He added that some 10,500 units of incoming supply will be added to the high-rise residential market in 2019. “That translates into about 10% of the existing 102,851 units. I foresee prices and rents moving downwards in 2019 and for the first time, the vacancy rate will break through the current 50% resistance level in 2019,” Tan shared.
The situation is just as bad with the purpose-built office and retail sectors in Johor Baru.
Tan said there is currently 5.84 million sq ft of purpose-built office space in Johor Baru and in 2019, some 928,000 sq ft or 16% additional space will be added to the market.
Tan also expected the vacancy rate for purpose-built office space to rise from the current 26% to 35% in 2019.

This article was first published inwww.EdgeProp.my. Check out the website for the latest property news and listings

Am waiting to see whether property prices will collapse.

 

[SBC]

Will be leilong to all, & probably designed to target at Sinkies after its price collapse.

Will it happen this year or next?

 

[homer123]

There is an artificial minimum 1 million requirement for foreigner buyer.. The Malaysia govt will rather let the developers go bankrupt and let the development become a ghost town than lifting the minimum price requirement.

Am waiting to see whether property prices will collapse.

 

[RMCWMR]

There is an artificial minimum 1 million requirement for foreigner buyer.. The Malaysia govt will rather let the developers go bankrupt and let the development become a ghost town than lifting the minimum price requirement.

But why should they? That's like asking SG gov to allow foreigners to buy yishun hdb due to weak take up rate. No thanks

 

[lifeafter41]

But why should they? That's like asking SG gov to allow foreigners to buy yishun hdb due to weak take up rate. No thanks

Was it at RM500k, before it was raised to rm800k then to rm1 million?

 

[Toni90]

There is an artificial minimum 1 million requirement for foreigner buyer.. The Malaysia govt will rather let the developers go bankrupt and let the development become a ghost town than lifting the minimum price requirement.

They let the whole gov bankrupt loh. Who care about the developer?

 

[NewInvestor]

There is an artificial minimum 1 million requirement for foreigner buyer.. The Malaysia govt will rather let the developers go bankrupt and let the development become a ghost town than lifting the minimum price requirement.

Don't worry. Even after collapse, bungalows will still be above rm1 million.

 

[cscs3]

Don't worry. Even after collapse, bungalows will still be above rm1 million.

Sure. Paper value.

 

[WeiHan]

Am waiting to see whether property prices will collapse.

Property worldwide has a long way to drop till 2032.

 

[NewInvestor]

Property worldwide has a long way to drop till 2032.

Looking forward to the long n big drop.

 

[NewInvestor]

Sure. Paper value.

Needless to say, everything is paper value until u sell it. If regular bungalows drop below rm1 million, then buy one of the super huge bangalows. Whatever it is, u will b able to find something above rm1 million.

 

[RMCWMR]

Was it at RM500k, before it was raised to rm800k then to rm1 million?

Not sure. But Malaysia gov is right to put a min rm 1million property value to foreigners. Don't be like our gov open leg policy. CECA and Ah tiong driving up prices of Singapore property. Actually we shld do the same. Foreigner can only buy SGD2million and above property only so that locals are not starve out

 

[RMCWMR]

They let the whole gov bankrupt loh. Who care about the developer?

Ya loh. Developer make money got say thank you meh? No what. Why shld abyone care about developers?

 

[gld998]

Ya loh. Developer make money got say thank you meh? No what. Why shld abyone care about developers?

The developer companies owned by who? Indirectly and directly in SG. I believe u have your answer.

Same answer as in MY. Do u know that the shares and projects own by pakatan go up a few fold when they won the election last year. I lose some money because i bet on the wrong horse.

If property developer owns by a pakatan big shot, consperm he or she will protect its own interest.

Sent from HUAWEI SHT-AL09 using GAGT

 

[gld998]

Was it at RM500k, before it was raised to rm800k then to rm1 million?

It's 300k then 500k then 1mil

Sent from HUAWEI SHT-AL09 using GAGT

 

[RMCWMR]

The developer companies owned by who? Indirectly and directly in SG. I believe u have your answer.

Same answer as in MY. Do u know that the shares and projects own by pakatan go up a few fold when they won the election last year. I lose some money because i bet on the wrong horse.

If property developer owns by a pakatan big shot, consperm he or she will protect its own interest.

Sent from HUAWEI SHT-AL09 using GAGT

I think you think too much