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In Malaysia
- No restrictions but subject to a general pricing threshold of RM500,000 and above per unit.
http://www.btinvest.com.sg/property/overseas/review-many-restrictions-for-foreign-property-buyers-across-asia-pacific/
Singapore
- Foreigners can buy private condominiums freely although they are subject to 15% additional buyer's stamp duty.
- Sentosa Cove is the only place in Singapore where non-PR foreigners may buy a landed home.
Govt to make HDB flats more affordable (breaking news)
Every Singaporean family who is working will be able to afford their own home, assured Prime Minister Lee Hsien Loong at his annual National Day Rally speech on Sunday.
He said that households earning just $1,000 a month today will be able to afford a two-room flat, those earning $2,000 can get a three-room unit, while those earning $4,000 will be able to pay for a four-room home.
These families can rely mostly on their CPF savings to pay off their loans, and be able to do so within 25 years instead of 30.
teeth53 ( Date: 14-Aug-2013 19:27) Posted:
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was just curious, thought Chin Hu mentioned those bot oversea properties must declare (soumpa) b4 buying BTO flat here, is that right?.
Wise advice from one who grew up there and now advises on properties in the region. Since way back, Johor has often come up with grandiose property plans with breath-taking marketing presentations. But that's all most of them remained - grandiose plans & breath-taking presentations.
Remember the fabulous Waterfront City that was supposed to have been completed by 1990? Mana (where)?
On Pete Wong. A person whom had study n live in Johor has his opionion on Iskandar.
Sinostar Wrote: I have friends always asking about investing in Iskandar Malaysia and these are my thoughts. If I am heading an SME (small and medium enterprise) in Singapore, it would make good business sense for me to expand into Iskandar, especially if I am looking for cheaper labour and space to grow my factory, for instance. On paper, Iskandar seems to have all the infrastructure in place to support SMEs.
But I am not sure if I would want to relocate my family there. During my younger days, I spent nine years living and studying in Johor Bahru. In those days, most of us locals knew the unwritten rules for survival like avoiding encounters with members of the royal family. For example, if we were to see a car bearing special number plates on the road, we would not think of overtaking it, no matter how slow it was going. I don?t know if the situation is better now as I have not been living in the state for many years.
Some Singaporeans might think this is a joke. Others have found out, the hard way, how important it is to adapt to a new culture and mindset when crossing the border.
A lot has been said about crime in the city. Let me just say that it will be at least a few decades from now before a single young lady can safely walk the streets of Johor like they can along Orchard Road.
Some issues are beginning to surface as highlighted in a recent Business Times article which said that investors are not getting assurances in black and white on issues like land zoning, mortgage loan quantums and Bumiputra employment quotas, among others.
Foreigners investing in Iskandar might do better if they can understand that most policies in Malaysia are instituted by politicians of the day. When the politician leaves, a new policy replacing the old one is to be expected. When doing business in Johor, one has to factor in such risks.
Remember that Putrajaya, the state administrative capital of Malaysia, is still struggling after more than 20 years in the making. When Iskandar was mooted in 2006, authorities were confident about getting funds from Middle Eastern investors. Obviously, that plan didn?t work out and the focus is now back to Singaporean investors.
Some folks like to draw the analogy of Singapore and Iskandar as being similar to Hong Kong and Shenzhen. Formerly a fishing village, Shenzhen transformed to become a vibrant manufacturing hub driven by Hong Kong investments. However, there is one big difference. Both Hong Kong and Shenzhen are part of China and the central government sees to it that rules are fair and both sides prosper. I am not too sure if it?s the Johor government?s priority to see that Singapore prospers.
Five years from now, perhaps there might be an MRT service linking Singapore with Johor. Then again, there might also be a high-speed train connecting Singapore with KL. Inadvertently, KL is a competitor for Iskandar. If my business is regional, I would choose KL over Iskandar because of better connectivity ? within a four-hour flight radius, I can be in Beijing, Hanoi, Jakarta and many other cities around the region.
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Pete Wong
* Pete Wong is the founder of Awarna Media with offices in Kuala Lumpur, Singapore and around the region. He made his foray into property on both sides of the Causeway since the early days ? when Orchard Road was still known as District 9 and Mont? Kiara was mostly inhabited by monkeys. Besides travelling around Asia on business, he finds time to write about the property scene, often advising investors with local insights. Pete is also the editorial consultant for Building & Investment magazine and one of the judges for the SEA Property Awards.
very true indeed....ringgit hits 3yr fresh low.
those properties at iskandar wld be in limbo...have to think twice before buying rowsely,IHH and other malaysian counters.
http://sg.finance.yahoo.com/news/em-asia-fx-ringgit-3-082826588.html
teeth53 ( Date: 14-Aug-2013 19:27) Posted:
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Interest rate is set to rise..???. Just to make aware to home buyers.
With low interest rate n record high home loan over the past several years and more higher gearing ratio to debt. Singapore had started to set loan at 60%. Many new home buyers and investors will seen dumping their properties because they can no longer can stay affordable to finance their properties, when interest rate goes up.
As many would be buyers is, eg - Iskandar is another hot elephant, will it turn white..???., (will buyers take those bite to purchase with a 50% increases spike??.) Good luck to those invested!.
M'sia has no way to revalue its currency upwards as seen most recently as compare to Singapore dollar exchange rate.
PSL Holdings..watch for it...!!
Not only see shortists very energetc, the market is also seeing most BBs and some people unloading everything slowly or quickly depending on their ability.
ruready ( Date: 05-Aug-2013 09:41) Posted:
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I feel the shortist very strong this time,retail investor be careful,don't against the trend when bb is on short position,,,,more and more short side let,the 高 手 也 加 入 了
上 不 关 我 的 事 ， 下 乜 不 关 我 的 事 ，
USA second and third liner counter all time hight Russell index ,,,,so fund will bet on small cap,,,,,Jew is small cap hope everyone here can pick up here recommend to all of us
what u buying?
buy buygood signl,,,,hong kong and china up,,,,europe also up.....buy buy again
But now both up....
louis_leecs ( Date: 10-Jul-2013 10:22) Posted:
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look like eveyone pack and get ready heading home liao,,,,,may be tonight mr ben going to say something but market dont like to hear??????
China import export miss estimate,,HSI reaction very fast
STI 3200,the key person show hand and take profit,remember to take profit,time for warning
jiutiang move again