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

that true. renting make more sense.

Fully agree, rent approach can have more flexibility, can chose to stay 6 months in Penang, next 6 months in KL etc.

Ya lah, if buy condos really jialat one, thanks to the slack MCSTs and laws. Better buy landed property and rent it out. Or maybe just don't buy at all, 'cause their laws all upside down one, and if kena any trouble, can say bye bye.

Landed also got problem. Gates n metal grill disappear n renters also can take away yr furniture

these are for those non-gated right? what about gated ones. are they generally safer?@@mccaboy

thank u. just pening my views for a better tomorrow.

Wow. That must be a nigytmare

Yes, heard so many horror stories. My friends all told me not to buy. Some of them bought Penang, some KL, some JB. All kena burnt.

i love KL but havent been to Penang yet. but my video will fly there first. stay tuned to them! @@marvelcomiks8078

Security guards can rob your home too! My friend bought a condo at Masai and the security guards climbed to his window and took all the money, etc. He knew the house belonged to Singaporeans and stayed on weekends only!

@@marvelcomiks8078 i sold my JB Horizon Hills property (landed,after 16 years) in Jan 2024 with more than 100% profit. Of course exchange rate is different but imbeatinbg that by reinvesting. Buying another property paying in full for weekend home and future retirement. The important thing to pay attention to is ENTRY POINT. Buy when the entry point is low. When I bought in 2008, everyone legit told me do not buy. But I got it cheap before sand shortage hit Malaysia driving prices up. Those who got burnt are the laggards who buy high, after the Malaysian government adjusted the minimum price to 1 mil. For condos get those that are already completed more than 5 years. If the condo look very bad then dont buy. For example Puteri Cove is marketed as a luxury condo but its run down with peeling walls, despite higher than average maintenance in square feet. People who buy at launch just before covid they are crying now because prices have plunged by 50-60% since the launch. So what does it mean. Now is the time to buy. Prices have hit rock bottom and are already going up. One condo Elysia has already frozen their sales and they will only release again after prices have gone up across the board.

Especially our hard earn retirement money!

foreigners like us are super carrots to them. for the same property we will be paying more than 1 million for most area, 99 years leasehold, condo instead of beautiful landed with garden and a lot of kelengkia bill and taxes they learn from our sg government. interest and currency exchange rate are a factor too, coupled with stiff mm2h requirements, roti prata politics, racial policy, unsafe living environment and corrupted public sector, it heavily discounted johor as a good place to retire and invest. it is such a shame when you have corrupted and incompetent people at helm.

that why a saying. someone's loss is someone else's gain

@@user-yk9fw7qc9p Their king just halved the jail sentence of one of their head government conman a few days ago. The entire pile is crap.

Medical professionals are in Singapore and when there is an emergency then you will regret it for sure!

I love PJ. Dam good food, warm people and durains.

Yes. All Huat!

Good sharing.

Please larh...even if the exchange rate never move you also won't make. Have you ever tried selling your property in Malaysia? You cannot even get the same price you bought it at initially. Their land space is so huge, and so many vacancies...its impossible to have supply shortage in the next 100 years.

You are very welcome

Much appreciated!

Ya...that why I only go Giant to Tesco to Lotus...

Msia frequently change rules for foreigners owning property! Quite SCARY, think of it!! 😮

you are right, their government strict policy against foreign buyers and high markup from property developer is a deterrent for Singaporeans to buy. if there is no minimum sum purchase, maybe most Singaporeans can buy 1 cheap condo or landed property as a hedge. the main thing is it need to be cheap like the local. suit well for the cheapos that travel regularly to jb. singapore is becoming more like hk and seoul etc in term of living which is suffocating, eventually biz will like cheap labour moving in and locals will move to cheaper places nearby. guests will take over hosts. singapore is no exception.

I think they mix it up with they go there n spend money.... 😂

Bo pian! I concern for Singaporean.

Prices got go up or down since?

just look at propertyguru malaysia, if jb property is so good for investment, why are there 3800+ listing for horizon hills, 6600+ for bukit indah and 1200+ for princess cove phase 1 3500units. there will be another 3800 for phase 2 and 3 more phase over the next 10 years. who is going to buy or rent?

@@user-yk9fw7qc9p There are 34, 339 condo and apartment for sale excluding HDB in Singapore property guru website.

thanks for sharing!

thanks for sharing.

Very well said. 👍👍👍

Thank u for watching.

Thank you very much!

Ihdn is malaysia tax department?

@@alanweeproperty yes

If u are a Malaysian with less restrictions. I believe in your case. U can make money. But for foreigners with min prices restrictions. It will be more challenging.

Thank you! Cheers!

Wow. That is very good. They take actions in their own hands. I am sure resale value will be maintain or even go up. Can share? I do a video on it next round

Which project?

@@alanweeproperty It's Grid Residence by Sunway Iskandar, delivery started on first quarter of 2022. There are still unsold units like everywhere else in jb so I doubt there is any upside in resale value yet.

@@yeewei78 Grid residence in Sunway Iskandar

@@killwe100 at least they take ownership in the estate. That a good thing.

Thank u.

u welcome

vice versa, overprice does not mean good

You don't convert it back to SGD then no currency lost but use the money to buy property in JB. Still under unrealised loss so long u don't convert baxk

i cannot verify the above yield as i dont have access to the actual data. but i think its Airbnb rates which is usually higher. but that didnt factor in vacancy period and such. Anyway, i now appreciate why Airbnb is illegal to operate in SG. Agree if yield is great but it come at a cost.

I relook at the publish numbers @ RM$2000pm * 12 months : RM$24k. Assuming now $580psf * 1,000sqf : say RM$600k. Yield only 4%...I can't get 15%...

@@alanweeproperty Yes, it seems to good to be true. If it was really 28%, I will sure buy even though the resale value isn't there !

Good point.

no exit strategy one, if buy means bring to the grave

Meaning you never do your homework before buy la that why hard to sell. You need to stay n learn before buy

well said. we are like brothers in arm. we have SSD they have RPGT! thanks for enlightening.

the bigger fool theory

Hope u enjoy my video

Can...u sponsored me go bkk...I cfm do one solid one for u. 😁

What if it stays at 5x when u want to sell?

I can help to answer...i have did another video. Singaporean buying JB properties. What you should know. Will release it in due course...

@@laikengng9740 the value is RM1m or even higher U don sell at S$, do u?

@@laikengng9740 the value is RM1m or higher U don sell at S$ right? U selling value not exchange rate right?

When there is a pandemic again then of course Singapore! Even the foreigners would prefer Singapore. 😂

Always keep a house here in SG. Don't sell but Rent it out. Enjoy your retirement there. But take note. Cannot buy hdb in future unless u sell. If 30 years later then u retire. Seriously too far for me to predict. I may bye bye already...but if next year u retire. Then good option.

@@alanweeproperty thank you for the advice. My idea is to sell our current condo EC and downgrade and fully paid the hdb. And rent it out. Like that less commitment. But my agent told us to sell current EC and get pte condo, stay maybe another 6 to 7 years or more to gain more profit. After that consider to downgrade to hdb. If i would to follow my agent advice, i have to pay 2 sides loan. Malaysia and SG loan.

@DannyEye84, if u own a property in a Foreign country u will not b allowed to own a SG HDB by law , even if HDB is fully paid , only can keep Private Property in SG , in case u didn’t know , I bought a Malaysia property in JB n utterly regretted it , Customs will Question your purpose of visit even if ASEAN has agreements for 30 days social visit, your passport stamp entry n exit will reflect on your passport, even though I visit for 2 weeks , for finding JB property, buying a property in Malaysia don’t equal a Visa u need proper n valid documents to reside in Malaysia, I have visa in another country renewable every year , I am Singaporean by the way , I thought just retire in Malaysia also , but how naive! of me should have settled my proper documents to reside first , written without prejudice.

@@melaniechua6924 can buy oversea property only after HDB mop.

Dont have leh. Now high 3% you laugh already. Shophouse used to be high but prices shoot up. So now also 2-3%..

Thank you for confirming.😊

😊😊😊😊😊😊😊😊

look beautiful on photos. but i havent been there yet. drove pass only. there are a lack of transaction. not sure if there are new sales or sub sales. i cant really give you any opinion. preferably let johorean who are watching this video to advise better.

In 2014, a friend of mine bought a 2 bedder unit in country garden danga bay for $RM800k, now can afford the same unit for almost $RM440K

@@fidiyanajames3698 Yes, the prices actually dropped. Alot of people don't know there are high maintenance and taxes to be paid. And very difficult to re-sell later. So your money is basically 'DEAD'. Buy only if you have money to 'THROW OUT THE WINDOW' and you want to donate money to Malaysia every month until you kaput. Plus if you are a foreigner, you will need another huge fund stuck in the mud through the mm2H visas. Otherwise you cannot even stay in your own house for more than 180 days every year. You can and will likely be arrested if they get wind of you.

lesson learned. buy in subsales market n do Airbnb. sure huat!@@fidiyanajames3698

me loh. anywhere that is heartland or suburb.

You can find from guru property but is .com.my. lot properti agent in there. If really cannot find I introduce u my agent whom I known bought my first factory in kulai

Wow. That was years ago....but I still recall very clearly. Becos that is when I know things are not a straight line there...Meet up for coffee I share with u.

yes this is one option for those looking at rental yield.

I not familiar with these 2. Preferably u consult JB agents.

u send me information i see first.

delete this

@@alanweeproperty thank you, can you please talk about the Opus Bay project?

where is it? kindly send me the info for me to see first. @@bettyfang0195

developers are still selling. don't want to comment too much. buy if u have extra n for your own stay. pl go ahead. for investment. this is a big chapter to explore. i not familiar. i cant help u. @@bettyfang0195

Life is not easy for them...that why they come over to SG to make a living. That why they employ a lot of migrants workers too from Myanmar to other asian countries. Same as SG. We employ them. Then better off SC go overseas to make a living.

Buy SG landed. Sure huat n huat!

That great. Timing indeed is very important

Importantly dun let Malaysia property affect your SG property. I had a fren who got a Malaysian property at a super cheap deal during 2022. Country garden laman glasier. Managed to hoot a 480k rm 1600sqft place. Fast forward now, he cannt apply fr bto till he sells the malaysia house n he is stuck. Try to sell also no Malaysian wanna buy frm him at 480k. He got low ball offers at 200+. Subsale to Singaporeans only can be above 1 mil so he gotta wait awhile. So my take is even if good deal buy only as long as it dun affect your SG property esp hdb.

@@nigeldcruz1195 very true. Not only bto flats but for resale too. The buyers indeed know their situation n will low-ball then flip for a profit in sub-sales. They are at their mercy.

@bobbytan88440, SG private property sell still make money , because of good consistent market n proper laws , Malaysia ringgit keeps falling to 3.5plus to 1 sing dollar, yes we buy affordable, but u must have proper n valid documents to reside in Malaysia, customs will Question your purpose of visit even if it’s for 2 weeks stay , ASEAN agreements has 30 days social visit pass , but social visit not meant for living in Malaysia, KL , Penang is 2 million to buy , Sabah n Sarawak r special states protected by Malaysia gov, Malaysia gov takes a slice of property market , if Singaporean sell its 1 million n above , Malaysia state law , n no Malaysian citizen will buy from foreigners! because their citizens buy cheap anywhere, eg:Singaporean want to sell Malaysia condo property its property is studio or 2 bedrooms at 1 million, u can only sell to foreigners n Malaysia JB is oversupply of new developments condo n landed , for that price I buy new development , n not studio or 2 bedroom .park your hard earned money elsewhere in Gold, no maintenance! condo facilities like swimming pool, gym etc r charged per square foot of your condo unit, the bigger your unit u pay more n some condos got sinking fund , if developer got not enough funds to see to completion of property n u paid almost in full it’s development is left in skeletons n u r not able to move in ! Malaysia gov takes over n divided n pay u but not in real value, can’t buy property in SG mindset , paperwork transfer of house written in Malay , u need lawyer to translate to English, paper work in Malaysia takes a long time , I bought a property in Malaysia n utterly regretted.

Yes. JB n rest of Malaysia is a nice place.

You need to declare bro to lhdn for any gain tax or rental now they are looking for it esp country run out of money

i doubt many foreigners know. same as SG. foreigners also tax higher for rental income. a little-known fact from IRAS SG that many hardly talk about. until IRAS letter comes then they will reaslie it. @@francissia4660

@@alanweeproperty usually when they submit their accounts to their accountants they are to advise. If wait till income tax informed then be heavy penalty. Usually advisable to consult local tax agent for any purchase. Even capital gain is taxable if occupy less than 5 years. Think Malaysia taxes change from time to time. Best consult. Like my nephew he works in spore n own two houses n condo even luxuries car. End up he received rm280k tax. I help him to mitigate to rm1k. Best to check n collect info before act.

@@francissia4660 All property purchase by foreigners must have state consent before you buy. LHDN will also assess the tax paid for any sale. And all landed properties will have to pay annual property tax based on govt valuation plus quit rent (this is only for landed). But I still pay much lower property tax in JB than what I am paying for my properties in Sg

Well said. I believe there are such places in KL and other parts of Malaysia.

True. that is why those got extra still can proceed.

Like that shld buy after 5 years half price better.

True but car can use daily & sell easily ,JB condo only use when no jam & can't sell easily.

The biggest problem of buying a resale property is the state of maintenance of the condo. Like what Alan shared the MCST is not as strong as in SG.

Thank u.

Yes. One need stong dollar to spend back home. The other have strong dollars but only buy peanut 🥜 here...that why jam n jam...

I think there is some restriction like cannot buy below 1m except for iskandar area, bumpi lot cannot buy and landed property unless foreigners can buy. Best is to ask local agent.

Locals prefer landed property under RM700k

wow. thanks for sharing. can foreigners buy landed property in JB? Under what type and conditions?@@predatorhelios8633

@@alanweeproperty The properties that locals prefer are mostly out of reach for foreigners. Foreigners cannot buy landed property below RM1 million.

Are there resale value for such landed more than RM1m?@@predatorhelios8633

I let malaysian share with u better bah....

True...don't get much when back in return

Sillyporeans, left, right, centre...always Kenna screwed.

Their is basically no sub-sales (we call it resale) market there.

hope u get buy somthing that suit your needs.

Is to build the RTS line lah, common knowledge don't know how you even stay in JB?

Yes. Most Malaysians prefer land.

If u are Malaysian. Can buy. No prob. U can sell to Malaysian anytime. But for SPorean. Buy already sell to who? Min RM1m in sub-sales market. Most Malaysian has more choices ahead with that kind of money.

However do note your manager can buy a landed less than RM 500k (not the RM 2 millions foreign restriction like today). You are right on the dollar exchange rate but your still gain the opportunity to purchase landed below 2 millions. Another 10 years might jump to RM2.5 millions restriction.

Steady. That is what I have been doing for the past 20 years...

Yes. For own stay as a home. I totally agreed.

alright thank you landed nowadays are getting expensive lmao@@alanweeproperty

If you are Singapore need apply mm2h or permit.

oic. i think most don't even know. @@francissia4660

@@alanweeproperty Then high risk same apply to Singapore. Even hdb rents out room also need to declare too. Now Malaysia unity govt lot Chinese experts well known of tax regime. Best to factor in the tax factor. Now is modern technology world even Hasil is using ai in its works. Even custom Chinese also inside working......

100 true.. Majority of Malaysian prefer a landed house

You are right! 😉😆😆

Malaysia is not safe. These people have not been attacked or scammed or threatened yet so they still talk big. Anyway some of those victims also don't want to speak out. Wait for others to fall in.

@@marvelcomiks8078 yea, if everyone become victim, the victim no longer a victim anymore

I have my fair share too...it was a daunting experience...white is not always white.

@@alanweeproperty I go JB on a regular basis since covid reopening. Petty crimes and police corruption was low after covid but nowadays tapering back to pre covid days.

singaporean pretending to be a Malaysian...what a dummy

Becos KL not much built up. One day I will do one. KL property. Can Buy or bye bye?

maybe 40 years later, kl is the capital while johor is a hyped up area that promised a lot but always fail to deliver. 2024 they are selling towns in the eastern and northern area of johor??? safety in a city determines whether the place is worth to invest or not. i too had been robbed in a crowded place before, even though it is a cheap and not a bad place, safety is still seriously lacking.

Now RM$500K? where? Medini? Yeh. Don't sell your house in SG.

@alanweeproperty Country Garden@Danga Bay. $500k is from developer price only, cannot buy from subsale. To me quite a good quantum. If you get one, let's become good neighbours.😁

@alanweeproperty if you need reliable agent let me know. My one very transparent

how big is that?

oic. its ok. see u around.

Airbnb excabat the deterioration..

Sorry. I referring to Singaporean. I never think so much where they come from...

Yes. Definitely. Don't sell your hdb that the most impt thing to do.

Are there any min price buying a landed by foreigners in medini? And i see some condo advertise less than RM1mil. Are they limited to medini area?

Mount Austin ! is Chinese area , don’t buy non Chinese area the wet markets don’t sell pork ! Larkin bus terminal wet market don’t sell pork ! Kota Tinggi is flooded when heavy rain ! check landed property when considering buying because some areas r flooded when heavy rain ! Condos built in Cameron Highland collapsed last week in case u didn’t know .

Yes. i was reported here that 6 mynammer people died...sad..

@@alanweeproperty for Johor, landed minimum is RM1mil / high rise minimum is RM600k. Different state different minimum price

@@aducktivesouthern1442 I thought high rise is RM1m in JB?

Yes. Mainly new birds. Old birds will say very expensive whenever they go! Lol

My eyes are always open!

历史会在重演。。。

what to do..Singaporean got money. Hand itchy...need to buy something other than their humble hdb flat...

Yes. same for SG. today i bought a mixed rice. 1 meat + 1 tofu + 1 vegetable = SG6! Scary. back before GST hike. max SG$4.50.

@@alanweeproperty , what to do , singaporeans loves to pay more for less .

WOW! make sense...

the ringgit has depreciated 10% over the last 12 months alone. and went from 1.7 to 3.5 against the S$ in 20 years@@alanweeproperty

Wow. Malaysians must explore buy Singapore condo liao to hedge against FX

that is good at least u make a gain.

@joejoe6136, if you r Singaporean n bought skysuite@meldrum freehold for 550k , n hope to sell for 700k ! u can’t as Foreigners u must by Johor state law sell above 1 million ! n No citizen in Malaysia will buy from u at 1 million n above for 2 bedroom , because Malaysians buy cheap anywhere, n Johor got over supply n new condos n landed property, only u can hope to sell to Foreigners.I bought a property in Malaysia n regretted utterly.

@@melaniechua6924 medini side also got limited to RM$1mil ruling for resale?

Yes , resale it’s called sub sale in Malaysia, if u r Foreigner n want to sell its 1 million , by Malaysia state law , Merdini property in Iskandar project by Najib , in hope to get Singaporeans to invest, but Legoland how often will u visit ? children will come maybe 3 times n children grow up , no anchor tenants n no clinics, u need to drive to go there , the nearest supermarket is in Bukit Indah, Malaysia citizens buy cheap anywhere, if Foreigners sell at 1 million , only Foreigners will buy from you , n if example your condo is studio or 2 bedrooms, who will buy ? for that price I buy landed n new property, in JB there r a lot of new developments n condos , Merdini is leasehold with 129 years it is quite old condos than what happens after that ? I went there 4 times n placed a deposit for a unit but because of busy in SG didn’t went to confirm unit n lost my deposit! I later bought a unit in JB but not able to stay there as I don’t have proper visa to stay in JB , now I have visa to live in another country renewable every year , so still paying bills n went there to clean my home in JB .

the title deed in my now JB home is all written in Malay , u need lawyer to help u translate , n in Malaysia paperwork take a long time , I paid everything in early April 2023 n I still have not received it yet , the office said in 2024 , I will personally collect it someday .when view condo unit agent said title deed takes 3 months , I think it’s developer! if well known brand developer fast process ! but less known developer they take time ,

Blur...

It wouldn't

Lol. U make sense...

Very true. Unfortunately they view it from a 3.5 degree...