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

[@maxp670]

Just rent instead. Malaysian Condo don't have strict MCST to maintain Condos. When buying propertiies in Malaysia don't have the same mentality as Singapore properties.

[@alanweeproperty]

that true. renting make more sense.

[@laychun85]

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

[@lzy245]

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.

[@mccaboy]

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

[@alanweeproperty]

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

[@rosmadatahir6539]

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.

[@alanweeproperty]

Wow. That must be a nigytmare

[@marvelcomiks8078]

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.

[@alanweeproperty]

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

[@terencelim6957]

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!

[@sariel8406]

@@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.

[@sonnykhoo7236]

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👍

[@alanweeproperty]

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

[@CSB-pu9mc]

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.

[@alanweeproperty]

Especially our hard earn retirement money!

[@rabbiter-v8b]

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.

[@alanweeproperty]

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

[@marvelcomiks8078]

@@rabbiter-v8b Their king just halved the jail sentence of one of their head government conman a few days ago. The entire pile is crap.

[@terencelim6957]

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

[@ybother]

Always so inspired by your sharing not of property but the people and places story.

[@alanweeproperty]

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

[@paulyin8934]

Many great tips Allan for your generous feedback. Thumbs up to your channel.

[@alanweeproperty]

Thank you! I hope this can help some people make an informed decision.

[@my101home]

I am from JB. I totally agree to your key advice 'buy where the locals are buying'. Some developments like the 2 projects you mentioned were targeted to the foreigners, the buyers will find it difficult to sell as this is not what locals want hence it is not surprised the prices were falling. For the locals, high rise residential is always ranked at the last of their choice, some locals are still buying but it is due to their limited financial capability; for those who can afford, they will definitely go for landed. For the rich, they tend to buy commercial properties like shop office rather than residential. In general, landed properties in Johor Bahru have been doing quite well even during the bad time, the value have been appreciating over time but these are the properties where the ownership restrictions are imposed to the foreigners.

[@alanweeproperty]

thanks for sharing!

[@rich1228]

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.

[@alanweeproperty]

Good sharing.

[@marvelcomiks8078]

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.

[@sgedit-r]

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

[@alanweeproperty]

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

[@jk.8748]

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

[@yeewei78]

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.

[@alanweeproperty]

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

[@roamingalone5226]

Well said Alan especially you said Singaporean should not always say cheap cheap cheap while shop in JB. Locals are suffering.

[@alanweeproperty]

They should go Japan...it's also cheaper. SC can say cheap as loud as they want. Hahaha...

[@anchored555]

Very sound advice. Probably safer to rent rather than buy Malaysian property.

[@PYPY-z4o]

May JB prosper even further so we all can prosper together

[@alanweeproperty]

Yes. All Huat!

[@steventan2550]

Johor Bahru properties are still cheaper than those in Kuala Lumpur and Penang. In 2019, a 860 sf 2 bedroom condo in Subang Jaya (25 km from the city centre) was launched at the price of RM 750 k for a 20th floor unit and a 399 sf studio unit from RM 350 k upwards.

[@alanweeproperty]

thanks for sharing.

[@terencelim6957]

JB property will go back to a 50% discount if there is a pandemic or downturn again! History has proved this.

[@rabbiter-v8b]

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?

[@TheStudio-div]

@@rabbiter-v8b There are 34, 339 condo and apartment for sale excluding HDB in Singapore property guru website.

[@teqster]

There's a lot of criticism on Johor property investment and I can understand why. Unlike Singapore, Johor property investment isn't easy but for my case, I invested right after the border opened 2 years ago near Bukit Chagar and making 30% profit so far (even with SGD - MYR currency change). It's all about timing and location.

[@alanweeproperty]

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.

[@wumao6797]

The rate the MYR is falling against the SGD when you sell you might get less than what you paid for when you buy factoring in the inflation.

[@rabbiter-v8b]

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.

[@bossku-z5k]

Enjoy your analysis as always. Data driven and delivered in a humorous way. Keep up the good work!

[@alanweeproperty]

Much appreciated!

[@francissia4660]

Please note for foreigner to own a property in malaysia got to submit tax to lhdn. It will be serious offence if caught not reported your rental income derived in malaysia. Custom has the right to detain if lhdn has records. Best to declare your rental income. The taxable income is high too as it is non resident tax. Unless u stay in jb for 183 days then your tax minimizes as tax under resident status.

[@alanweeproperty]

Ihdn is malaysia tax department?

[@francissia4660]

@@alanweeproperty yes

[@edwardlim7253]

Thanks Allan, much appreciate your views on JB property👍

[@alanweeproperty]

You are very welcome

[@elangovan1592]

I must give it to you ..Your politness and respectfullness to Malaysians is to your credit. wish there i s more of you.

[@alanweeproperty]

Thank u. We are all brothers n sisters separated by a causeway.

[@PeterLee-v5s]

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

[@alanweeproperty]

Thank u for watching.

[@dennispoon2961]

I agreed with your point- buy where the local are buying, if not you will stuck in selling your condo.

[@alanweeproperty]

Thank u. Alot of speculation in the JB condo market now with the RTS...

[@RevoOnRev1337]

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

[@alanweeproperty]

u welcome

[@markzzzzberg1312]

vice versa, overprice does not mean good

[@mchan1970]

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!

[@alanweeproperty]

Prices got go up or down since?

[@bossadreamz]

U r telling the truth cos i went to sit down to listen and knn the taxes n rubbish + the prata garmen. Gd luck

[@alanweeproperty]

Buy where the locals buy. Then u are safe.

[@bossadreamz]

@@alanweeproperty not interested at all. Unnecessarily tying up retirement funds. Also i can rent anywhere i want in the entire state of Malaysia or go to another ctry. The asset is the HDB in SG that can fetch the rental I did my hmwk last year while being laid off and had tons of time to sit down to their sales pitch.. Malaysia is NOT Singapore. U r at their mercy as a foreigner. Look at the 20 years ago sagas and how many folks have been burnt

[@alanweeproperty]

@@bossadreamz it's the same everywhere as long u are FT. We also milk FT at 60% ABSD... 🤣

[@bossadreamz]

@@alanweeproperty lol.. true.. but nope only they r so unstable. Spare me. I have a home in NZ

[@alanweeproperty]

that why we huat!

[@cybergod77]

Care to do one on Bangkok properties?

[@alanweeproperty]

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

[@vtanson2724]

Always make sure you go for top and well known developers. This would be my advice as a Malaysian. Remember Malaysia is a much larger country compared to Singapore. The government can never scrutinize everything. There are always bad apples. However the country is progressing really fast. As a matter of fact, never underestimate the developing neighbours around Singapore. One day we will be as developed.

[@alanweeproperty]

Very well said. 👍👍👍

[@NX350_Joe]

Good presentation,giving credits to msian who travel to work in spore. Also gd about comment about being sensitive to msians who dont earn much as sporean but showing respect instead of cheap cheap cheap.

[@alanweeproperty]

Thank u.

[@bktan3111]

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. 😡😡

[@alanweeproperty]

JB prices from grocery to food has gone up significant.

[@Ymusputhandle]

Assuming u full loan at RM1m, ie S$285k. Assuming xchange rate hikes to 4x, it will bcome S$250k. Assuming xchange rate hikes further to 5x, this will bcome S$200k. Isnt this CAPITAL GAIN even before u sell?

[@laikengng9740]

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

[@alanweeproperty]

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

[@Ymusputhandle]

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

[@Ymusputhandle]

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

[@jameskwa]

Also think about later exiting the property.

[@petiachoo1615]

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

[@francissia4660]

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

[@chekeocha4923]

The condos build near the causeway are meant for Singaporeans n Malaysian PR..locals not able to afford

[@alanweeproperty]

Good point.

[@jaimelee4853]

I have been through buying a property in JB and I am out of it. My advice to Singaporean is to think twice. It is better to rent. Will save u a lot of headache and heartache.

[@kianguanng882]

From the time you buy the property in JB ,you are losing your money. Take care of exchange rate between Singapore and Malaysia. Friends buy property in JB , all are losing money and difficult to resale their property.

[@alanweeproperty]

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

[@LeeWahOng]

Well said bro! But I want to share that buying property is about timing, I bought a property in JB in 2022 lelong sale, now the price has gone up by easily RM200K! Now I started to view new launches I can't find such deals anymore! So the best period to buy was during 2022 to mid 2023, if were to buy now sure hard to get capital appreciation in future!

[@alanweeproperty]

That great. Timing indeed is very important

[@nigeldcruz1195]

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.

[@alanweeproperty]

@@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.

[@kjhui4283]

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.

[@alanweeproperty]

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

[@rabbiter-v8b]

the bigger fool theory

[@Lesteryky]

Worked in Singapore for 15 years and performed daily commute for 14 and still counting. Here are a few things that I think your video failed to highlight which I think any Malaysian or Singaporean (those that earns SGD) should consider when buying. I bought a studio apartment for RM126k in Mount Austin back in 2011. The unit now worth around RM250k. But if we look back on the exchange rates. Back then it was $1 = RM2.3. Now it’s $1 = RM3.5. If we calculate it in SGD. I bought the studio for $54.8k. Now the unit is worth $71.5k. That’s a 30% profit over 13 years. Which means around 2.x% per annum. Your CPF OA pays more than that. My previous manager (a singaporean) bought a bukit indah double storey terrace house for rm480k. The same unit now worth about rm900k. Same like my case. The appreciation if you calculate in SGD is only about 30+%. All these examples I am giving is the best case scenario where our purchases actually made money and high in demand as we bought the correct location at correct time. The example given by Allan are those worst case scenarios. Those who bought country garden Danga Bay, Medini area all really cry hard now. Even R&F owners barely staying afloat if we only look at the property in ringgit without considering currency depreciation. My advice to those who want to buy, only buy if you are staying in it. For investment, never touch it unless you are earning ringgit.

[@alanweeproperty]

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.

[@TheStudio-div]

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.

[@papa-dt1cv]

Exchange rate?

[@aave865]

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

[@alanweeproperty]

Bo pian! I concern for Singaporean.

[@donaldjoseph3903]

Never just think of the exchange rate. Roti prota policy leading to forced sales of properties and losses is upper most on my mind.

[@andykhor9872]

very nice video!

[@alanweeproperty]

Thank you very much!

[@kongakau5058]

Who are the local property agent? Which areas that locals will buy?

[@alanweeproperty]

me loh. anywhere that is heartland or suburb.

[@francissia4660]

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

[@neway518]

No mistake, you are definitely Singaporean, you have authentic Singlish 👍

[@alanweeproperty]

You are right! 😉😆😆

[@juliaelyana3915]

Hallo I need your advice I know we singaporean can every day go jb and back for few hours but if we stay Malaysia 30 days and back Singapore one day and stay again 30 days is it possible?

[@alanweeproperty]

I don't know leh on immigration matter. U can ask in Facebook JB group.

[@protegelin]

After 3 months ...officer ask to buy kopi.

[@Jeff-n2n]

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.

[@junjun906]

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

[@alanweeproperty]

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

[@tskuan32]

Like that shld buy after 5 years half price better.

[@geraldgoh2096]

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

[@rich1228]

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.

[@lingxinru6777]

Good to buy 1 and do like Air B&B 100% collect $$ and pay the instalment.

[@alanweeproperty]

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

[@music_adventures88]

Let's see again what will happen to the property prices once RTS is up and running especially those properties near or within 10 mins drive from causeway. As what I know those Malaysian (from other states of Malaysia who work in Singapore as Singapore rental rises), they prefer to buy and own the properties than rent.

[@fidiyanajames3698]

Can give your opinion on country garden Danga bay?

[@alanweeproperty]

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.

[@fidiyanajames3698]

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

[@marvelcomiks8078]

@@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.

[@alanweeproperty]

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

[@DannyEye84]

Hi, recently me and my wife placed a deposit on one of the properties in Aurora Resort Villas project freehold terrace. Our intention is for our retirement which will be around 30 years later, and by then we will rent out our condo here in SG and will be staying there most of the time. For now we will go there every weekend relax2, slowly renovate. Need your advice with my this plan, should I continue or to scrap this idea? Thanks

[@terencelim6957]

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

[@alanweeproperty]

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.

[@DannyEye84]

@@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.

[@melaniechua6924]

@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.

[@alanweeproperty]

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

[@520chris]

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

[@francissia4660]

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

[@lingxinru6777]

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

[@alanweeproperty]

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.

[@predatorhelios8633]

Locals prefer landed property under RM700k

[@alanweeproperty]

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

[@predatorhelios8633]

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

[@alanweeproperty]

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

[@lenardtan7169]

Always safer to rent first

[@kitty2527]

Yes, we should be humble and not go around with big mouth trying to show off. If we have received certain blessings then just be grateful.

[@alanweeproperty]

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.

[@leeaaron7856]

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.

[@alanweeproperty]

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.

[@alanweeproperty]

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%...

[@leeaaron7856]

@@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 !

[@j4m35bond]

How about trittower and twin tower the two condo next to RTS?

[@alanweeproperty]

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

[@ongweelim6030]

I also like to go JB shop, wash car , wash hair and food is dam cheap due to SG strong currency

[@alanweeproperty]

And don't forget the massages!

[@inspirasiplaylists9910]

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

[@alanweeproperty]

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

[@francissia4660]

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

[@alanweeproperty]

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

[@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.

[@azaharbinmohamednoor7530]

@@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

[@violinbite]

I am a Singaporean bought JB property recently. The lowered quota 500k ringgit than 1mil ringgit is the main attraction. Needed a place to retire so that i can rent out my local SG home

[@alanweeproperty]

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

[@violinbite]

@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.😁

[@violinbite]

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

[@alanweeproperty]

how big is that?

[@alanweeproperty]

oic. its ok. see u around.

[@vincetan89]

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

[@marvelcomiks8078]

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.

[@vincetan89]

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

[@alanweeproperty]

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

[@petiachoo1615]

@@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.

[@markzzzzberg1312]

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

[@bettyfang0195]

nice one! can you also talk about the property in Batam?

[@alanweeproperty]

u send me information i see first.

[@zrad4995]

delete this

[@bettyfang0195]

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

[@alanweeproperty]

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

[@alanweeproperty]

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

[@ocswoodlands]

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...

[@alanweeproperty]

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

[@Ymusputhandle]

When we complain about our ever hiking property prices, they said its global problem. But when comes to Mlysia property, they said don buy cos it will never appreciate. Contradicting?

[@melaniechua6924]

@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.

[@albertharris7980]

What’s the ROI ?

[@alanweeproperty]

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

[@pizizhangsg1319]

Alan, like share, buy when it is under value since it has dropped for so long? 😊

[@alanweeproperty]

Hope u enjoy my video

[@ravindrandoraisamy9758]

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

[@alanweeproperty]

Buy SG landed. Sure huat n huat!

[@petiachoo1615]

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.

[@alanweeproperty]

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

[@awequayzngs1780]

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

[@alanweeproperty]

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

[@puayguanseo6704]

Good job 👍

[@alanweeproperty]

Thank you! Cheers!

[@sweetpea2947]

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

[@alanweeproperty]

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

[@nellizchan3906]

Thank you for confirming.😊

[@whyas25]

😊😊😊😊😊😊😊😊

[@TakenbyDesign]

Pls share the story of when you were held ransom!

[@alanweeproperty]

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.

[@octovanfoo968]

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

[@alanweeproperty]

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

[@lawrencelim2787]

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

[@jonathantayjunwen5190]

I like u talking all so true and reality life 😂😂😂

[@alanweeproperty]

Thank u.

[@aducktivesouthern1442]

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.

[@alanweeproperty]

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?

[@melaniechua6924]

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 .

[@alanweeproperty]

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

[@aducktivesouthern1442]

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

[@alanweeproperty]

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

[@mkanwar3208]

Fair views

[@jacksonwong90]

Everything in malaysia are no longer cheap compared to few dwcades ago , if a bowl of fishball noodle cost S$6.50 in singapore now cost around RM$18 in malatsia , alp prices have been increased to match sg peices even if exchange rate is RM$3.50 .

[@alanweeproperty]

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.

[@jacksonwong90]

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

[@jameskwa]

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

[@onlyU914]

Me di ni, not me din ni la bro

[@yuliankhoo9295]

Actually in KL a lot of people buy condos. In future I believe JB will be the same.

[@alanweeproperty]

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

[@rabbiter-v8b]

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.

[@Searth63]

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

[@alanweeproperty]

Airbnb excabat the deterioration..

[@healthytruth1363]

BYE BYE NO GAIN INVESTMENTS ❗️❗️❗️❗️

[@shutengloke5907]

Who would buy condo/apartment at a location that have ample of land? If you want to buy, buy landed.

[@alanweeproperty]

Yes. Most Malaysians prefer land.

[@davidlee3806]

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

[@markzzzzberg1312]

100 true.. Majority of Malaysian prefer a landed house

[@ivansee-toh3256]

I think it's probably simpler just to rent n not think about capital appreciation. Although if there's a chance for any capital appreciation- it will be for projects near the RTS.

[@alanweeproperty]

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

[@teijam10]

I'm sure the advice was good but how good is the accent😅

[@alanweeproperty]

Thank u. I have since improved on my video. But if my accent is still the same. Then no choice. Maybe that is my trade mark. 😉

[@marinekong235]

Msia property - no matter what you buy, you need 30 years rental just to break even. taking in the interest cost, opportunity cost, and the ringgit depreciation .... it is bye bye right from the start

[@alanweeproperty]

WOW! make sense...

[@marinekong235]

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

[@vulcanken1273]

Forget it ! Never buy cos the ROI and capital yield on Malaysian properties are low and very slow in growth if it happens.

[@ahhuat3459]

Buy property in JB? Super super bad idea…..

[@davidyan585]

Probably you are referring to ex Msians turned SG citizens group of people.

[@alanweeproperty]

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

[@patrickhing5335]

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.

[@alanweeproperty]

hope u get buy somthing that suit your needs.

[@petiachoo1615]

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

[@hlc95]

Do Singaporeans alway say cheap cheap when they visit Malaysia? Maybe only a handful ….

[@alanweeproperty]

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

[@kennyfrancis6882]

Princess Cove selling like hot cakes

[@harryong5252]

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

[@alanweeproperty]

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

[@harryong5252]

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

[@francissia4660]

If you are Singapore need apply mm2h or permit.

[@alanweeproperty]

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

[@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......

[@Iceman8888-l9v]

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

[@alanweeproperty]

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

[@DanielFoo]

The money is worth if you're gonna stay in jb while renting out your sg property .

[@alanweeproperty]

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

[@kengleetan63]

3.54 to 1 and rising...you go buy loh!😆😆😆😆😆

[@shaqisumari304]

Singaporean buy lah in LHR, JB is for westerners

[@marinekong235]

Now is Good Bye

[@alanweeproperty]

😆😆😆

[@vijayarun6316]

You grand parents born SG too

[@alanweeproperty]

Yes they are.