JB Forest City

[Windwaver]

On 8/14/2024 at 12:18 PM, Atonchia said:

Forest City too far away from JB though it's closer to Tuas 2nd link, need to have motorcycle or car to go. 

Unlike Woodland causeway, I can choose to walk or cycle across. Then with RTS can take rail to JB. 

Yeah but even with RTS, I'm still sceptical about properties in JB near RTS.

Quality is an issue not to mention you don't get much avenue to feedback if something goes wrong as a foreigner.

I've advised friends not to buy and those who did are now stuck.

[Cheesey74]

On 8/15/2024 at 3:37 AM, BanCoe said:

I’m new to this …. What is the definition of Bumi Land ….. what does it translate to ? Any pros or cons to this wording ? Even though it’s mentioned as FH though 

Bumi land or unit means only local malay can buy, afaik.

[Kklim]

On 8/15/2024 at 3:37 AM, BanCoe said:

I’m new to this …. What is the definition of Bumi Land ….. what does it translate to ? Any pros or cons to this wording ? Even though it’s mentioned as FH though 

Bumi lots: only Malays can buy

[Atonchia]

On 8/15/2024 at 6:43 AM, Windwaver said:

Yeah but even with RTS, I'm still sceptical about properties in JB near RTS.

Quality is an issue not to mention you don't get much avenue to feedback if something goes wrong as a foreigner.

I've advised friends not to buy and those who did are now stuck.

Condos or houses in JB not meant for investment one lah. 

It's more for holiday chalet when decide to stay a couple of days per week. 

Rental rates possibly also not good enough to have positive yield. 

[inlinesix]

On 8/17/2024 at 7:34 PM, Atonchia said:

Condos or houses in JB not meant for investment one lah. 

It's more for holiday chalet when decide to stay a couple of days per week. 

Rental rates possibly also not good enough to have positive yield. 

A lot of JB property are meant to be sold to Singaporean,

For local, you are looking at RM300k - RM400k which can fetch rental at $3 - 4K 

Diff market segment 

[inlinesix]

On 8/17/2024 at 7:34 PM, Atonchia said:

Condos or houses in JB not meant for investment one lah. 

It's more for holiday chalet when decide to stay a couple of days per week. 

Rental rates possibly also not good enough to have positive yield. 

A lot of JB property are meant to be sold to Singaporean,

For local, you are looking at RM300k - RM400k which can fetch rental at $3 - 4K 

Diff market segment 

[Atonchia]

On 8/17/2024 at 11:02 PM, inlinesix said:

A lot of JB property are meant to be sold to Singaporean,

For local, you are looking at RM300k - RM400k which can fetch rental at $3 - 4K 

Diff market segment 

For foreigner in Peninsula MY the majority of states need a minimum of RM $1m in property vaule for foreigner to own. Except in Sarawak.

[Stary]

del

 

Edited August 18, 2024 by Stary

[Zxcvb]

 

[Wt_know]

no scare no scare 

ZERO tax lai liao ... no RM 30 millions no talk 

meaning what ar? address is forest city but the investments are elsewhere?  

 

[Throttle2]

On 9/21/2024 at 9:15 AM, Wt_know said:

no scare no scare 

ZERO tax lai liao ... no RM 30 millions no talk 

meaning what ar? address is forest city but the investments are elsewhere?  

 

 

  If the assets are not there, it's useless.