Which apartment in JB for retirement or investment?
Vložit
- čas přidán 10. 01. 2024
- We share our journey and tips in selecting an apartment to invest in Johor Bahru, Malaysia.
Please leave your comments or questions - we'll do our best to respond.
Links:
Malaysia my Second home latest: • Malaysia My Second Hom...
Popular channels on JB apartments by local RE agents:
/ @jemimalai
/ @henghengjbproperty
The guru himself (all bow):
/ @iherng
RTS updates: / @scmsoutherncorridorma...
Limo taxi service: www.sgmytaxi.com/jb/
![Rebasing in JB is the new Retirement for aspiring FIRE working professionals [ft Hossan Leong]](http://i.ytimg.com/vi/w4ue-Kk9tH8/mqdefault.jpg)
Great information and thank for your effort to put up the video. Well done .
Glad it was helpful!
Good informative ! Thanks
Glad it was helpful!
Thanks for the information! Good video. I think JB will benefit greatly with the new train to Singapore.
I hope so too!
Interesting! I am a regular visitor to SG Etc, Sounds like a Reasonable Plan! All the Best 😎
Thanks, you too!
If I am a retiree, I would go for a nice Seaview apartment at Danga Bay for a lower price of around 6xxk for 2 bedroom 2 bathroom, that's me of course.
keep us posted!
Thank you for sharing this great video, its very informative. However, my concern is regards to the security as well as the maintenance of the property facilities.... if for investment purposes for rental yield, im not too sure if there will be good tenant pool since majority are locals working in singapore.
You are quite right. But for us it's a place to stay in JB when we visit. Rest of the time it will be AirBnB
I compared Country Garden Danga Bay with R&F Princess Cove. R&F is abt 50% higher in price and the building density is quite high. Personally i prefer CGDB.
PC specifically targeting Msians/Sporeans who are doing daily or regular commute. Hence it can command a premium. Other than that, it is too high in density, worse than the density of HBDs of S'pore. Do factor this in in case anyone is considering PC.
@@marktan8074Would you rather 1000 owners share the money for a major repair or 200 owners?
Buy for own stay is ok but not for investment
Laguna luxe condo, Southern Marina Harbourfront, Mosaic Southkey/ Strait Views by the Lido Beach or the New Coronation!
Yup everyone should check out all the available options for themselves
Here’s a good list of options
mothership.sg/2024/01/singaporeans-buying-johor-property/?MS
Guys, MM2H rules have been changed to 3 tiers now. Now, I stayed at R&F last month and actually it exceeded my expectations. Night foot traffic was decent and all of the eating places were quite good. Frankly, car traffic in this area is already semi bad, so to think one will be able to just Grab/shuttle in every day to CIQ when fully operational is doubtful IMO. I would rather walk it on the covered walkway. We all need exercise. LOL
yah i think being too close to CIQ will not be good unless you are intending to commute daily to Singapore
Overpriced for locals. The shopping mall is deserted. Even the cinema has closed down. The Jaya Grocer is expensive.
@@cac1504 Perhaps, but Phase 2 is almost sold out. We are what still, 2-3 years away? I bet one year out, the place will be pretty full of residents and stores open. I saw enough activity there last month to be confident that this will not turn into Forest City.
There is no more covered walkway from RF to customs. It has been literally chopped off.
@@ocswoodlands What? We have seen the covered walkway at least from the complex. Maybe just not completed yet, we are still what 2+ years away right?
My agent insisted me to pay 2% x whatever the amount of the sale price.
For example 2% x 2 million = 40,000
Thanks for the vid - very informative. How do you plan to rent out the apartment? via an local hosting company or otherwise? What has been the take up rate / yield thus far and any key things to look out for when airbnb-ing in Johor? - quite possibly a video in itself!
AirBnB rates their hosts, and we will pick a superhost who is hosting Twin Galaxy units
Thanks for your suggestion we have posted episode 4 on this topic
Alamak! Exactly what hubby and i are planning to do! Ex- Singaporeans but residing in Sydney and retired recently..trying to get a place in JB in order to visit elderly parents in Singapore..as well as travel around South East Asia in retirement..
was hoping to make friends as we know no one who is doing this!
Any way we can talk ? or email? 😍
Aiyo finally found a solution for private messaging on CZcams.. so you can now find our email address in the "more about this channel" section of this channel, cakap soon..
What is the cost of maintenance ?
You are right. I was there at R&F/Princess Cove yesterday.
How are things at R&F atm?
I don't see any ATM
yes very few female drivers, my wife thinks only about 5%@@littleowlfamily
how do you address medical emergencies？ Which hospital will the ambulance send you to be saved？ Will the medical costs be high for foreigners in JB？
That's a good point, but we are just short term visitors, we are buying to rent it out only, so our health costs, or rather potential costs, is same as a holiday mishap
SG medisave is accepted in quite a few hospitals in JB. Medical is inexpensive in JB.
At medini there are several sg-run hospitals. Can use medisave.
Do you have a good mm2h agent which you find it good enough to recommend ?
We don’t have MM2H plans at the moment but will keep u posted
Research R&F developer and don't fall for their trap. I heard the 2nd phase is only cash buy, that's a real red flag as it indicates something...you know what I mean. Research properly before buying JB properties.
thanks for sharing
how much did u buy and where did u buy ??
If you watch you will see the size and psf price paid so you can work it out for yourself, but if you want to know if its below MYR1M - yes it was
May I know how much is the State Levy Tax is it 2% or Max 20,000 ?Thank you in advance
Yes, the foreigner state Levy is 2% of Sales Purchase Price or RM 20,000 whichever higher.
how often is the shuttle bus
pls go visit Twin Galaxy yourself and let us know thanks, the service times are on notice there, we see it running but have ever actually tried it ourselves
Why not KL ?
traffic
@Ben-gp5ty KL , Penang is 2 million SG for foreigners, JB is 1 million n above , difficult state got different laws , Sarawak n Sabah r states protected by Malaysia government, if purchase Malaysia property u need state consent which the Malaysia government want a slice of the property market, if buy direct from JB developer it’s cheaper n u need lawyer to see to written documents because it’s all in malay .buying a Malaysia property don’t equal a visa u need proper n valid documents to reside in Malaysia, customs will Question your purpose of visit, even it it’s for 2 weeks stay , your stamp entry n exit will reflect on your passport, Singapore has agreements with ASEAN for 30 social visit, but social visit not meant living in Malaysia, I did a lot of homework on developer of condos, developer should have enough funds to see to completion of condo , if not u r left stranded with Skelton of condo n u paid most of it n can’t move in n if left vacant Malaysia gov takes over n divided it n pay u back but not in real value , maintenance of building, condo facilities like swimming pool, gym etc should serve condo unit owners , some condo facilities not enough to serve owners ! condo fees r charged per square foot of your condo unit, the bigger your unit u pay more , some condos have sinking funds , condos built near customs checkpoints r very noisy with loud lorry horns blaring throughout day n night , heavy traffic jams, foot traffic, a 10 mins ride back home is 3 hours stuck in traffic jam, I bought a property in Malaysia n utterly regretted immensely.
thanks for sharing
@@melaniechua6924 thank you Melanie
Thinking of buying in JB? Be sure to watch this: czcams.com/video/IJGydP7iNhE/video.htmlsi=7jAwHUkMPjOs3M_f