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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...

Malaysia Budget 2014

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Malaysia New Property Tax for Foreigner who buying Malaysia Property

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Malaysia set to spend US$50b to develop rail network

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Malaysia plans to spend a staggering US$50 billion to develop its rail network over the next seven years,  including a high-speed rail linking Kuala Lumpur and Singapore set for 2020, and the urban mass rapid transit system that is rolling out in 2017. NLARGE MALAYSIA: Malaysia plans to spend a staggering US$50 billion to develop its rail network over the next seven years, including a high-speed rail linking Kuala Lumpur and Singapore set for 2020, and the urban mass rapid transit system that is rolling out in 2017. Compared to developed countries where rail transport makes up a third of public transportation, Malaysia's share is less than 4 per cent. People here rely heavily on roads because existing train services are slow and train journeys are time consuming. However with spiralling land and fuel costs, limited space and traffic congestion, rail transportation is seeing a revival. Prime Minister Najib Razak recently announced big plans for the country at a...

Taman Delima 2 Leasehold 7xyrs Non Bumi For Sale

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Taman Delima 2 Double Storey Terrace Corner Tenure: Leasehold Non Bumi Land Area: Approx 4000sqft Sale: RM600k Neg.

Looking for Johor Bahru Property - Residential/ Commercial/Industrial/Land

Dear Value Seller/Vendor, I am looking for property in johor bahru, If you are looking for buyer/purchaser welcome send me details of the property an email: yeoc@hotmail.com WhatsApp: 0187090900 / 0127098632 Residential: House Single / Double Terrace/ Semi-D /Bungalow Commercial: 2 /3/4 Storey Shop Industry: Factory Terrace / Semi D/ Bungalow Type. Land: Any type of land around Nusajaya, JB Area. Thanks & Regards Kelvin Yeo Property Consultant One Consultancy Services

Calculation of Bank Loan Requirement of Austin Residence Single Storey Terrace

Calculation Bank Documents Requirement: Buyer 1 Person / 2 Person name. Property Selling Price: RM340,000, Bank Value RM330,000. Deposit Downpayment: 10% of RM340,000 = RM34,000 Difference Amount: RM340k-RM330k = RM10k (Extra 1) For Bank Loan Approval for 90% of RM330,000, RM297,000 for 30years or more, Different Amount RM33k (Extra 2) Total Different: (Extra 1 + Extra 2) = RM43k  - RM34,000(10%) = RM10,000 Basic Salary: Min requirement: RM3500~RM4000/mth ***3 month bank slip & pay slip require is must. Note: Commitment: Car Loan & Credit Card payment on time, No others property installment. EPF can be apply subject to document & EPF amount. Others Fee: Legal Fee + Stamp Duty + Bank Loan Fee Amount Ard RM12k-13k , subject to loan amount. ********Buyer must prepare cash on hand as (RM10k + RM43k)  RM53k ++  Hereby, I wish all of you  " Selamat Hari Raya ". Thank You