Johor Bharu Property - Can Buy or Bye Bye? – From A Singaporean Perspective

Singaporeans got too much money don't know where to spend?

Don't buy!😊

I think it’s a good thing. I’m Malaysian and from PJ. I believe Singapore and Malaysia if work simbiotically will be good for both citizens. Just don’t be greedy buy what you need that’s all👍

Buying a property in Malaysia don’t equal a visa, u need proper n valid documents to reside in Malaysia, Customs in Malaysia will Question your purpose of visit even if it’s for 2 weeks , your entry n exit stamp will reflect on your passport, ASEAN has agreements for 30 days social visit but social visit not meant for staying in Malaysia! if foreigners buy in JB its 1 million n above with State Consent which Malaysia gov want a slice of property market, if buy buy direct from developer, every State got different laws , KL , Penang,is 2 million n above , Sarawak n Sabah r states protected by Malaysia gov , if buy must check to see if developer got enough funds to see to completion of condos or landed property, if not u paid n can’t move in n Malaysia gov take over projects n divided n pay u but Not in real value! n check if condos facilities like swimming pool, gym etc serve owners .Condos facilities like swimming pool, gym etc , r charged per square foot of your condo unit, the bigger your unit u pay more , maintenance of buildings usually very poor kept .have visited Merdini nearby condos, it’s located near highway near Legoland but how often would u visit Legoland? there r No anchor tenant n alfresco dining! no clinics , one would have to drive to stay there , the nearest supermarket is in Bukit Indah , n not in RTS side of customs! Merdini is in 2nd Link near Tuas side .if buy pls consider carefully, park your hard earned money elsewhere in Gold No Maintenance! if buy property in Malaysia it’s to stay n not Hope flip to make money !Malaysian property got no resale value! it’s called sub sale in Malaysia! property near customs r very noisy with huge lorry’s horns blaring throughout night n day , heavy traffic jams, foot traffic.a 10 mins drive back to my home is 3 hours stuck in traffic jam.I bought a property in Malaysia n regretted utterly.

buy landed properties. market value more stable. minimum to puchase landed only different by SGD120k from condos. i have sold few landed property to Singaporeans and they love it, dowan to go back to condos.

dont buy for investment ( rent out ) , for own stay ok , you don't want your next door use it as illegal hotel like homestay/airbnb , every week got strangers pass by your unit , not safe for your family.

Singapore too expensive for low income families gst increase everything increase .. sg govt suck blood dry dry ...

the Standard of Property Management remains very Poor, with many in Committee bordering corrupt practices.
Authorities Enforcement appears Pretend.

Not many are aware of the High Management Fees incurred, after the Purchase

DO NOT BUY, BASED ON SGD, because such comparisons is very deceptive

Written Without Prejudice

U are very humble. Yes my Singaporean friends always say cheap cheap n my favourite tai chow store price short up like nobody's business. 😡😡

U are very humble. Yes my Singaporean friends always say cheap cheap n my favourite tai chow store price short up like nobody's business. 😡😡

U are very humble. Yes my Singaporean friends always say cheap cheap n my favourite tai chow store price short up like nobody's business. 😡😡

I totally agree with his views, from my experience buying 2 condo in jb. Paid Maintenance very high, the condo not well manage, now 15 yrs , still not enough funds to paint the bldg, management use n rent out our parking lot, hse got break in despite security guards 24 hrs, finally mange to sell the hse n the lawyers staff , the land office , work so slow n take so long long time to settle just one house. Cheaper hse there , but not worth the streZz that foll.

You know what? What you said is so true. I own a landed house in iskandar puteri for 12 years already. I can identify what you just shared!

Thank you Alan for your finding and sharing😊. Can i check with you can Singapore condo fetch a rental yield of 7 to 9 % ? Per annum

We have to be realistic with buying jb properties.

1. You need a visa to stay long term in Johor.
2. you must tolerate the daily commute and clearing customs
3. Resale value
4. Currency risk (It’s a downward spiral)

Resale value is almost non existent , and if you convert back to sing dollars - you will lose money - just look at the exchange rates deterioration of RM over the decades and its expected to continue .

Jb is good for shopping n jalan jalan - stay long term ? Think again

Waste time

Quite hilarious listening to some of these allegedly “experts”. Little to no impact analyses from Macro factors. Single biggest issue for “investors” in Malaysia properties is Currency impact. The MYR is forecast to weaken dramatically… if the currency declines 20-30% your “investments” are unrecoverable. It’s 3.53 now, will decline to around 4 to 1 in next 12-18 months. Lololol

I used to have 6 JB properties but I have let go 2 properties and planning to sell 1 more condo soon. I want to keep 3 and plan to retire in JB : ). I love JB

hi wee if buy for own stay and work in sg is it ok>

咱去做马国客就好,买产业在马国应该三思而后行或深思熟虑,从古自今烧到手的新加坡人如数天星......

What’s the ROI ?

what Singaporeans can buy and what Malaysians can buy are totally different, its somewhat like our hdb system. In Malaysia, alot of condos priced at local price point are NOT allowed to be purchased by foreigners, and condos that foreigners can buy are typically 2X-3X of local local price point. So you have condo A selling at 400K for example for Malaysians buy and just right beside condo B applicable for foreigners buy its 700K, this is the underlying reason why majority of foreigner buy condos are all losing money becos the price point is 2-3X of locals and are not supported by local demand. Even same condo, that locals can buy vs foreigners, the discount they get will be much higher than foreigners, so Malaysians buy maybe 10% discount, foreigner buy maybe only 5%, end day TOP resale wana sell, Singaporeans bot more expensive how to sell cheaper than Malaysians, notwithstanding the additional foreigner levy cost which is like our ABSD that Singaporeans need to pay. End day buy for stay ok, buy as foreigners want to make money out of it, honestly not easy. But come to think of it, isnt it the same in singapore? Example Singaporeans buy the condo for 1mil, foreigners buy will now be at 1.6mil (with 60% ABSD), can the foreigner still make money out of it? Its similar but just that in malaysia, alot of things are opaque, and u will only know when u do in-depth research about it whereas everything is more transparent in Singapore.

Aiya Alan, ppl need to wake up. Even if there is capital appreciation oso no use. If u invest in a depreciating currency already incur translation book loss before anything liao

Local or Foreigner stay property both have their pros and cons and no correlation with subsale prices.

Foreigner owned property - Pros: Expats if owner stay, can afford to pay maintenance on time thus estate won't be run down very fast, expats willing to pay extras to upgrade security and facilities.
Cons: Overseas investors who are not staying there will let the AirBNB management companies take over the unit then have a lot of AirBNB related issues.
Locals owned property - Pros: Locals staying there means won't be a ghost town. Foreigners may not be able to stay in the estate if visa or MM2H rules change due to change in Government.
Cons: Locals in estate could be tenants who have no qualms littering and other inconsiderate behavior.

The "best of both worlds" solution: Find a property that well to do local people stay (landed) or own stay by families with income earner in Singapore.

Singapore ❤️ Malaysia ❤️ we are all one big family 👪 ❤️.

Very soon, all lands and properties in JB will almost be like Singapore 🇸🇬. Common sense. Like twin brothers.

Agreed do not buy Condo as you cannot sell later as Malaysians prefer landed property which is abundance in supply

Thanks Allan, much appreciate your views on JB property👍

Sharing my view as a Malaysian. There is a sizeable group of Singaporean buying and living in this particular project, and it has since become a very well managed serviced apartment/condo because of the high standards demanded from fellow Singaporeans. There is a very active WhatsApp group for the owners to bring up issues and concerns. Hope that also means it will not turn out into a negative investment like the two example you mentioned.

Should include the exchange rates from 2013 till 2024. In 2013 SGD 1 = MYR 2.50 now in 2024 SGD 1 = MYR 3.50. Even if you even breakeven in your sale you still lose out on your exchange rates.

Local buying are not allow by foreigners to buy. In that case, how to determine which property to buy in JB.

to enjoy milk, you dont have to buy the cow.

you want to enjoy JB, you dont have to buy the property.... rent can already.

i am a Malaysian who has stayed in SG for 37 years so i know what i am talking about...

Ask Ryan Khoo to come and debate Alan’s points. Informative.

Wa... JB also cover! You are good man

Very good information and practical. Personally, I don't plan to buy but if I do wish to stay in JB. i would rent rather than parking a huge sum of money in JB while subjected not only to investment risk but also currency fluctuation. Already afew of my friends and siblings went ahead to purchase on the basis of retirement, but my stance has not been wavered. Think carefully before taking the plunge. 2 cents thoughts.

Bought skysuite@meldrum 2 bedroom freehold 550k , has been rented out from 2016 . Now can sell around 700k I think

I have to wait about 8 months to recover my real property gains tax

Also think about later exiting the property.

Even i was ex Malaysian but I holding two properties in Sg and zero in Malaysia.

Can buy but bye bye

Malaysians mostly interested in freehold landed. Condos are for those who cannot afford landed.

May JB prosper even further so we all can prosper together

Dun use SG property price to decide if it is underprice or overprice, use the local context instead. In addition, same as SG investment context, we dun buy a high rise that is more expensive than a landed nor a landed that is more expensive than a shop/ factory. For currency risk, Singaporean can try to get at least 80-85% RM loan to hedge the risk. Lastly, dun buy anything where majority of the buyer is foreigner, such product dun do well even in SG.

Last time people rush in to by forest 😂. I told them don't buy untill is proven then buy. People say price will be high then. Look at SG, high price , low risk and stable return. Malaysia is low price extremely high risk.

I think it not only lose 10% in the price , but you will be affected by the FX rates as well. if you buy back then and then sell now and convert back to SGD you lose even more

U see the exchange rate is still dare to buy. Its a sign of bye bye already. 😂

I like your videos as it talks around facts. In your 2 examples, I am quite surprised to see rental yields of 15% and 28% for both properties. Is this true? If it is, then the yields are fantastic.

cheap does not mean good. too bad some do not do their homework, and thank you for the insight

i think depends on perspective. if you want capital appreciation, dont buy. if you just want it as a consumption product, like every weekend go over, as a holiday resort can buy. for example, car is depreciating asset but a lot of ppl still buy for consumption

i was very lucky to delay buying a apt in a mall just opp singapore.I was so stunned when the major connecting linkbridge was cut off making going to R & F mall now very inconvenient as i need to climb up and down stairs with my luggage and shopping. I dun understand to connect to twr 2, why cut the link ? Is it going to be permanent? even 2 to 3 years is a long time...i am now looking to capri or astaka side as without the linkbridge, the advantage have change for me a 60 yr old...maybe is only me who don,t like to climb stairs.