After report of MALAYSIA BUDGET 2014 come out, what will happen to properties in Johor Bahru?
There are many of investors/ purchasers concern after report of MALAYSIA BUDGET 2014 come out, what will happen to properties in Johor Bahru? Will it properties market drop or the price drop? or more higher or others happening? Let us have a look like this (My opinion) There should have 3 possible happening, Price Properties Up Case of Under Table Price Properties of Residential Cool Down Price Properties Up Compare to others state, johor bahru's price of properties like residential/commercial/industrial/ land is still mid-lower than others state. Previously government control Residential Property above Ringgit Malaysia M500,000 that foreigner can buy. Of course FIC is must pay. Now the control had been increase from RM500,000 to RM1,000,000, therefore how do those developers survival? They been having a meeting since afternoon till overnight during the budget 2014 report come out. They will get more sources banker/valuer & agents, see how to push their on hand
