Wow! Spot on mate. Thanks for telling the truth and nothing but the truth. I want add on a few things that Singaporeans may not know about condos in malaysia:- 1. Maintenance of condo is appalling. Any condo over 5 years old have various maintenance issue like frequently spoilt lifts, damage / dirty swimming pool and common areas. Why? Coz most owners don't pay for maintenance 2. Security. If you think your condo is safe because you have a guard, you are dead wrong. Breakin happens and guess who conspired with the thieves? 3. Land size. The land area in johor is big and as a result there will always be newer and newer condos with state of the art facilities (for a price, of course) making your unit untenable after 5 years, which looks old, full of maintenance problems and dated. Hard to sell, hard to rent out. Check mate. Look at Danga Bay condos. Its dead. 4. Depreciating ringgit. MYR is expected to depreciate against SGD in the long term. So don't be surprised if 1SGD= 4 MYR. That would wipe out any capital appreciation and you still need to pay a 10% RPGT. All in all you will be considered very very lucky to just break even nevermind gains Bottom line, rent if you want to live in JB. After 2-3 years move to newer condos

@alanweeproperty

4 ай бұрын

That also applies to water theme parks. That's why my Malaysian friends only go to those that are less than 5 years old. Anything older. They say no thank you.

@Ersanba

4 ай бұрын

U are spot on which is why despite working in MY for 12 yrs, i refuse to get 1.. if i get a 1mil condo 5 yr ago.. i would lose my now

@kitty2527

4 ай бұрын

You are so right!

@terencelim6957

Ай бұрын

Security is the most important!

Very gd truthful analysis. We are lucky to have analyst like u!

@alanweeproperty

4 ай бұрын

Thank u. Anyway. I am not a analyst. I am only a property agent.

Thank you for your detailed analysis! It really made me double think triple think.

@alanweeproperty

4 ай бұрын

Glad it was helpful! u can watch my other videos on malaysia too. kzread.info/dash/bejne/e35728aJZ8y0mKg.html kzread.info/dash/bejne/aaeVz6yJZNq8ktI.html kzread.info/dash/bejne/d5N2ybOEncupqJc.html

You're so down on earth, providing such valuable advice without putting your Singaporean hat on. I wish you huat as well!

@alanweeproperty

2 ай бұрын

Thank u. Just sharing something that I have been observing with my years going inside...afterall I very "local". I see from a local 👁️.

Yeah rent and stay one month before buy, malaysia is not so transport and pedestrian friendly like singapore. No car is = no leg. With the money u loan to buy the house, might as well just rent landed long term. 2k myr monthly can get whole house, dont get trapped by the mindset of ownership or freehold, we are here just for less than 100 yrs

@alanweeproperty

4 ай бұрын

Rental is cheap. Can move around every year.

Short stay to understand the lifestyle before committing.

Appreciate your honest opinion.

@alanweeproperty

4 ай бұрын

Thank u

👍 Excellent analysis & presentation. Have experienced there from 1995 to 2002 in a bunglow. Presenter tells the truth. SG beware of this and influenced by emotions. Jump @ your own perils.

@alanweeproperty

4 ай бұрын

Thanks u

Very good video

@alanweeproperty

3 ай бұрын

Thanks

You might want to do a video on RnF Princess Cove, this project selling like hot cakes, 4oo+sqft selling for more than 700k ringgit liao

@alanweeproperty

2 күн бұрын

Happy they bought a home near the RTS. Rental demand will be strong ahead.

@kennyfrancis6882

Күн бұрын

@@alanweeproperty I feel that waterfront danga bay is a better buy for the price

Msia this country, their asset will always depreciate.

@LeenaLiJiaLing

2 ай бұрын

Sometimes things get so hopeless there, I start to wonder if they has a secret mission for their assets that the world is unaware of : to achieve zero value and beyond

Why buy, stay in 5 stars hotel better, no need to maintain and no worry of thief and robbery. I dont require so much space once i retire,utilisation vs cost of psf is not worthy. I like your video. Good to share your knowledge

@alanweeproperty

4 ай бұрын

Thank u. Yes. I always stay in their resort at the east coast or some ulu location. Affordable and can experience their lifestyle. This is something SG cannot offer.

Foreigners are facing double risk investing in property in Malaysia. They are depreciation in property value and currency over time......Have to think 3x, 4x, 5x,........ before buying.

@alanweeproperty

4 ай бұрын

Yes. FX risks.

Hey Alan, would really want to know your take on KLCC properties as I have been seeing a lot of ads targeting Singaporeans on social media.

@alanweeproperty

Ай бұрын

humm...i suggust u pay a visit to KL and live in such properties to get a feel first....some say the fried kway keow taste better in KL. you have to eat it to know it!

Alan, Malaysia Ringgit Weakness and the Past Property prices drop means for the new investors or buyers in Malaysia buying property have lesser RISK and more probability from Capital Appreciation. This is the opposite contrast from Singapore Property where prices have been only in 1 way UP UP UP. You can argue with me saying cannot drop one lar. Singapore property solid solid like Golden Egg. But when Ringgit start to strengthen and the roller coaster ride from bottom start to slowly move up. You know what I mean. Anyway investing in property is about Timing. Do your own due diligence.

Renting a house long-term in Johor is another solution to retire there.

@alanweeproperty

4 ай бұрын

Thanks for sharing

@chinchowpowpook

4 ай бұрын

What make u think retire in Malaysia is great if u can’t do that in sg..that means is borderline case..why compromise last 2 decades or 20xmas in a foreign environment? What u living for to have that mindset?

RPGT is only assessable on the capital gains, if any, not on the property/selling price as mentioned in the video It is not similar to SSD in this regard

@alanweeproperty

4 ай бұрын

Yes. RGPT is capital gain tax on profit. But based on past transactions. Very Hard to tax.

Well… do agree with you on condos > 1m Myr. I have not seen any sizeable number of transactions above purchase price in the past 15 years and I don’t expect to see any. Johor is a dud from a RE investment perspective. It can only be viewed as a “retirement” purchase where one is comfortable with gradual capital loss and significant currency loss (viewing an acquisition from a sgd or usd angle).

@alanweeproperty

4 ай бұрын

Malaysian still can buy. Still make sense. Same as our absd at 60% for foreigners..

Hi Alan, how to reach out to you .. very helpful and precise information

@alanweeproperty

2 ай бұрын

My contact is below the description

Wa. U are not only gd in spore Pty. U r gd in Malaysia Pty too. 👏

@alanweeproperty

4 ай бұрын

Simple theory applies. Boil down to data plus observation.

Malaysia foods are more delicious and tastier because the Malaysia foods are heavier and stronger in taste, more salt and more sugar. Once you tasted foods of a heavier and strong taste, like drugs, more and more drugs, all the way, no turning back. Thus, Singapore foods will not taste better than the Malaysia foods because Singapore foods are lighter in tastes, less salt and less sugar.

Can foreigner buy individual title landed in Malaysia Penang? Whats the minimum purchase price for Landed housing for foreigners for non mm2h and also for mm2h in Penang now??

@alanweeproperty

16 күн бұрын

I think is Rm3m for landed for non MM2H. Anyone here can help?

Interesting analysis with data. Am wondering if there is any Singaporean who has made decent money in the Malaysian property market and is willing to share his experience? I mean people should be more willing to share if his story puts him in a good light. Of course, SIngaporeans who lost money can share too.

@ravindrandoraisamy9758

4 ай бұрын

I have lost.. thank god managed to sell just before COVID STRUCK

@MrKenken2346

4 ай бұрын

thanks for sharing:)@@ravindrandoraisamy9758

If one die die want to buy Malaysian property i suggest buying landed Gated & Guarded property in KL/Selangor. > RM1m is common and 1) target catchment area is much larger as there are more people in KL/Selangor making it better in terms of capital appreciation and easier to offload 2) Demand for these >rm1m landed is more forth coming from locals in KL/Selangor as the wages in those states are generally higher 3) More Malaysian chinese in those states which have more disposable incomes and better paying jobs to buy those properties. No disrespect to the malay and indian communities in Malaysia but statistically their income and disposable incomes are much lower.

@alanweeproperty

4 ай бұрын

Thanks for sharing. That is insightful. I learned something.

So as a foreigner, it will be very hard to resell your condo after watching your statistics , correcty ?

@alanweeproperty

3 ай бұрын

Yes. Becos of the RM1M sub-sales requirements

Pls come rent Singapork

First, you must know you are rich or not, we are still want discount from NTUC fair prize. Because of RTM, must we buy property in JB?

@alanweeproperty

4 ай бұрын

It's a matter of time. Eggs, sugar and other essentials will not be allowed. Now v good friend. U know. Good friend also can be bad friend...

Very good informative video… think several times before u buy a property in Malaysia unless u have relations who can stay. Never buy condo or service apartment as u will never able to sell. Most Malaysians prefer landed property. I used to own a service apartment and sold it at a loss - still ok- people steal things by entering the rubbish chute. Letters get posted to wrong letter box…Better invest in Singapore

@alanweeproperty

4 ай бұрын

Wow. Indeed are spiderman...

@Carolinapetroska

3 ай бұрын

Why do you think Singapore is better ? I am a foreigner and don't know the real estate market in Malaysia. Can you elaborate ? Thanks

@alanweeproperty

3 ай бұрын

@@Carolinapetroska each county has it plus n minus. Depending on your preference. If u are a foreigner n looking at retirement n love adventures. Malaysia has vast places for u to explore.

Simple observations but seldom said... all the "gurus" only like to say the good stuff. Many prejudiced comments from Singaporean who are too used to their comfort. How many of them have really lived long term in Malaysia or overseas?

@alanweeproperty

3 ай бұрын

Very chim...

Talking about the Rich, are Fines equally deterrent to the Poor vs the Rich for same type of fine? Let's say traffic fine is $300. To the poor, it's devastating. To the rich, it's sup sup water. So, what is the deterrence in terms of traffic fines being the same for the rich and the poor? Many other situations fall into the same category of issues. Eg. COE. What is the effect of COE on the non-rich vs the Rich who have the same necessity for a family car? Can one rich man alone buy two cars and two COE contributing to higher demand for COE? Any comments?

Singapore govt will release more land plot n cpf retirement payments delay for elderly .So minority citizen will not purchased jb property .

@alanweeproperty

4 ай бұрын

No lah. Govt wouldn't restrict SC buying. Those who have extra can buy wherever u want in the world. Hdb studio flats are govt ininiative for seniors to monetize their homes.

aiyah, marry a malaysian and you do not have all these restrictions.

@alanweeproperty

4 ай бұрын

Yeh. U make sense. 1 SC can buy landed here. Spouse PR can buy landed as local too. Best of 2 worlds!

ow about Singapore woman marry Malaysia guy but never buy any property in Singapore

@alanweeproperty

3 ай бұрын

Got money can buy..

Interesting except if you could improve the spoken English.

@alanweeproperty

3 ай бұрын

I strike to improve over time.

No way I will not be buying cos Malaysia is not safe and no security at all 😮

@alanweeproperty

4 ай бұрын

That why I think safety always play a big part in property value. Look at our GCB. Up up n up. Even those fellows love to rent GCB even if they can't buy. Plus FH...not 99.

Never, never buy property in johor. Nobody ever make money from property there. If you are really lucky, you can only sell 50% from your purchase price. First of all, most developers want to cheat you. And no guarantee that you will get your strata title. Tiara Desaru is just one example. Eventually, you becomes a cash cow for the developers and the Malaysian government. BELIEVE ME.

@alanweeproperty

5 күн бұрын

True. I heard case. Can't even get the title after many years... seriously why? But yet history repeat itself...what to do. We can only say so much. Thank for sharing.

KK mart incident u all not scare happens on u all? Say something wrong u may not see tomorrow sun.

Malaysia Foods , certainly better and cheaper 😂

Just rent in jb , dont buy

This content is fire!