Best and worst apartments/condominiums of year 2008 in Johor Bahru

Year 2008 is coming to its end. We have voted 9 of the best and worst apartments/condominiums in Johor Bahru from over 20 candidates for their “must-know specialties”.

wadihana113
The most strategic location
Surrounded by 3 highways – Tebrau Highway, Skudai Highway and JB inner ring road, Wadihana is located in kampong Wadihana – centre of the triangle of the 3 highways. “Perfect location”, surrounded by kampong, you will even get “rooster” giving you a wake up call every morning. That will be an extra you will not get in city living!!!!

pulai-view21
The most “unbelievable” location
So near yet so far!!!! You could see Pulai View from Skudai Highway, yet it is impossible to get in directly (from City or Skudai). You would need to make an U-turn 2km away (which is about another 10 mins) from every direction in order to enter into it. Otherwise, you have to take small roads from Angsana Plaza or Tampoi Indah. Thanks to the designer of the “head-spinning” Perling Flyover – “Another Project by BN”.

larkin20residence1
“Too-well-planned” Club House location
Larkin Residence’s Club House is at least 200m away from the nearest resident unit, o.5km away from the farthest unit. Thanks to the on-hold phase 2 which is supposed to be constructed in between the club house and the existing phase 1. The developer should not have “planned” so far…

4820sri_wangi-1-large11
The best of the worst
Besides its large compound and good management, every 8 units in each floor of Sri Wangi are served by 2 spacious lifts with security gate at the entrance of ground floor (small point, it makes you feel like you are a jailbird getting out of the lift), making its residents the most fortunate apartment residents – although surrounded by several pretty run-down apartments like Lily & Jasmine, Sri Kenari and Park Avenue. Truly a rose among the thorns!

pc170134
The worst of the best
Sri Kurnia is situated in one of the high class estate in Taman Pelangi. Although it has less than 60 units only, the management seems to have difficulty in managing this apartment with its super-small compound. Imagine, how would you feel if you see a main gate that still requires human power to open for residents and visitors?

img_00542
The largest swimming pool
Straits Views has more than 3 pools as shown in the pictures. We found its compound for common facilities to be the biggest among all condominiums we have seen in JB.

7189_31
The most pathetic swimming pool
If you are wondering how small a swimming pool can be for a condominium, you should visit Embassy Suite. Allegedly its swimming pool can only accommodate a family with 3-5 kids! Can you imagine the residents still have to share this pool with a budget hotel operating inside the condominium! Take a look at the picture and you can understand our sentiment. Sigh….

12295954371
The most “environmental-friendly”
With broken light bulbs in most common areas (corridor of several floors and lifts) for the whole year, Larkin Utama is considered the most energy-saving apartment in Town! They even have a water conservation policy – “they DON’T change water of swimming pool at all”. They are really going “Green”…

bistari-impian1
The most children-friendly
Bistari Impian is the only apartment we found to be equipped with childcare centre just at the door step. Also, there are 2 primary schools (one Kebangsaan and one Chinese) within walking distance.

The too-lenient security
To top the list of leniency, we have to hand it to Bistari Impian. Anyone can get in and out without being checked. In fact, anyone can just enter into the apartment by waving hand to the guards in guardhouse – no ID is required from visitor. So, don’t expect you will be given a permit. Just drive straight through! Also don’t expect you can find out who has just moved in recently because the guard house has no record!

prima-regency4
The most secured security
Prima Regency is the only condominium with so-called “3-tier security” – main entrance, building entrance and lift. If you happen to drop by in the evening, you will even see more than 10 security guards assemble in neat form in front of the management office for their daily briefing.

About The Author

ongkl

Coming from a humble little town named Tangkak in north Johor state of Malaysia, I am so lucky to have chances to learn and work both in Johor Bahru and Singapore - a conurbation with 6.49 million still fast growing population - since year 1996. Hope now I can have a chance to contribute back to the community by sharing what I see, what I know and what I learn in this wonderful place.

235 Comments

Comment navigation

  • TeyPC

    Reply Reply December 26, 2008

    This is really very useful guide for real estate investor in JB. From the point of investor, we not only must knowlegeable about the location, facility, infrastuture.. but also the public populariry of that area. From the 9 voted, which is giving investor the best return? Have you got study on JB’s shop lot?

  • ongkl

    Reply Reply December 26, 2008

    Thank you for your comment, TeyPC.

    Yes, a popular area guarantees the return of properties investment because it will be easy for investor to buy, sell or let their properties since the volume is there.

    In term of cash-on-cash return, we can now find some middle-cost (RM130k-RM200k) apartments in popular areas like Sri Wangi, Bistari Impian, Larkin Utama and Prima Regency delivering more than 10% return. But do remember that there is nothing as an effortless investment…

    We are still observing the impact of the economy crisis to commercial property market in JB. We will share our finding soon.

    Cheers

  • goBetong

    Reply Reply December 29, 2008

    Re Wadihana. I was told that though it was completed more than 15 years ago, strata title for individual unit has yet to be issued and that the owners are now in dispute with the developer over it for the developer is dragging its feet. Is this true?

    • ongkl

      Reply Reply December 29, 2008

      Yes, goBetong, we heard that also.
      We suspect it is because there are still quite a number of units still on developer’s hand which we just found out recently. In fact we got a chance to meet with the developer but never had a chance to bring this up. We will check with them again and keep you updated of this issue.

      Cheers

  • goBetong

    Reply Reply December 29, 2008

    If strata title is still outstanding after 15 years, the property is not worth any consideration. Either (i) the developer is intentionally irresponsible and to his advantage, keeps dragging the title application it to enable them to control/manage/continue to make monies from the properties or (ii) that the developer is still owing $ to the bank and am unable yet to redeem the master title or (iii) the property is not constructed to specification, CF is temporary. Whatever the scenarios, it stinks to seven heaven. Why anyone of sound mind would want to invest in a property w/o title and which, is not outrightly his is beyond my comprehension.

    Do you know of other completed JB condos which are still without strata title?

    A listing of completed JB condos with and w/o strata title if available is most beneficial to all investors. Cheers!

  • KCLau

    Reply Reply December 30, 2008

    This is a great post which is informative and at the same time, entertaining!

  • ongkl

    Reply Reply December 30, 2008

    Hi goBetong, there are quite a number of completed condos without strata title in JB. We can say more than 50% of units that we have seen are without strata title. And because it seems to be a norm in JB market, all lawyers of conveyancing here are so used to handle transfer of such properties with “deed of assignment”, which is legally sufficient to protect buyer’s interest.

    We have no listing of completed JB condos with and w/o strata title, but hope we can discuss this issue in detail soon in our upcoming articles.

    Cheers

  • ongkl

    Reply Reply December 30, 2008

    Thank you, KC. Glad that you like it.

    Cheers

  • ongkl

    Reply Reply December 30, 2008

    Dear readers, we have amended description about Sri Wangi – there are 2 spacious lifts instead of 3 serving 8 units of each floor. Our apology for the mistake. Additional info, it has got its strata title though just completed for 5 years.

    Cheers

  • goBetong

    Reply Reply January 1, 2009

    “And because it seems to be a norm in JB market, all lawyers of conveyancing here are so used to handle transfer of such properties with “deed of assignment”, which is legally sufficient to protect buyer’s interest.”

    My goodness ….. JB condo buyers must be a really very desparate lot. I know of no other explanation for them to accept “deed of assignment” as legally sufficient protection beats me and it being the norm.

    Is it properly explained to them that they are not the outright owner of the property they had paid or paying with their blood sweat and tears. And if the developer goes bust (it does happen. The usual practise for most developers (even the big named public listed companies) is to register min. paid up shell companies to be the official developer to shield the mother company from liabilities) owing $ to the bridging finance bank, it’s the bank who has 1st claim on THEIR property and not buyers.

    The buyers may scream blue murder but there’s no escaping that they will lose the property since buying the property from the developer is merely a business decision which they had entered into with open eyes (knowing no strata title and accept it as norm) and now that it gone sour, they only have themselves to blame.

  • Winarto P. / Fang Hui

    Reply Reply January 1, 2009

    Hi goBetong. Thanks for your informations which is very informative for me as i am planning to buy a condo in JB as my 2nd home. Can you suggest which area is best for investment. Btw, i am an Indonesian-Chinese living in jakarta.

  • goBetong

    Reply Reply January 1, 2009

    Winarto, OngKL most likely can point you to the right direction. I’m living in KL and am interested in JB properties cos’ would like to invest in a condo there for personal use during biz trips there which is very often.

    My take of the better areas would be (i) Jalan Abdul Samad, near Hyatt and (ii) Stulang Laut, including Jln Inderaputra. Both are within the city and yet away from the downtown border-town chaos which JB at times resemble. The condos there are worth considering if you want to purchase for own stay. I wouldn’t recommend it if it is for investment – the prices had been flat for years and I do not expect it to change within the next two years.

    Again, I’m no expert. OngKL is the better person to answer your query.

  • ongkl

    Reply Reply January 2, 2009

    Thank you for your information about title issue, goBetong. It’s very important yet always being neglected by buyers. Especially when they are attracted by new development projects. We hope can hear more from you.

    Cheers

  • ongkl

    Reply Reply January 2, 2009

    Winarto, the 2 areas suggested by goBetong are good. You can look into areas like Larkin, Tampoi, Molek and Permas too. Our advice is to make sure you have done enough study before making any decision. You will have a lot of chances to train yourself to become an expert in property investment, in this challenging year for property market.

    Cheers

  • Winarto P. / Fang Hui

    Reply Reply January 2, 2009

    Thanks for the informations from goBetong and OngKL. I assumed that JB is not too favourable for investment as the price has been flat for years according to goBetong ?? What about KL ? OngKL, are you a property agent ? As the price of properties/condos everywhere is falling, so I guess it’s time to buy hah. I would like to wish everyone a happy and prosperous new year 2009. Cheers

  • ongkl

    Reply Reply January 2, 2009

    Winarto, we are not property agent but we invest in JB properites.
    Price of condos is falling and you will be able to pick up more good bargains now. But again, we always advise investors to perform thorough study, regardless which market are you looking at.

    Cheers

  • Winarto P. / Fang Hui

    Reply Reply January 2, 2009

    hi ongkl, since you are also an investor with the same purpose as me. i will need more advise from you on the location of condos that is favourable for investment. Where are you living now, in JB ? I have visited JB few times but only on short trip and then crossed over to S’pore. So I have little knowledge of the best location in JB. Is Prima Regency / a serviced apartment worth for investing ? Which is better to invest for long term in JB or KL ? Thanks

  • goBetong

    Reply Reply January 3, 2009

    OngKL, what’s your opinion on DBP Plaza? worth investing even just for rental yield?

    My take – I luv it’s downtown location – super convenient with easy access to food, shops, taxis and just a hop to the causeway for trips to Singapore. I detest the sleaze surrounding it but am willing to accept it as parcel of living there for the convenience. Moreover, it’s the same in ever worldwide if you wanna live where the actions are. I’m also incline for some fun once a while and having your home just upstair will at those moment be tantalising!

  • ongkl

    Reply Reply January 3, 2009

    Hi Winarto, we are inveting into Prima Regency also because of its good management and location.

    For long term investment, what kind of return are you expecting, capital gain or cash flow? If you are looking for capital gain, we still believe KL will outperform JB in long term because of its strong population growth. If you are looking for rental yield, we have faith in JB and that’s why we invest in JB.

    Cheers

  • ongkl

    Reply Reply January 3, 2009

    Hi goBetong, are you referring to Danga Bay Park? If so, we are sorry that we have yet to perform any study on the rental yield there. Maybe you want to share your findings with us?

    Cheers

  • Winarto P. / Fang Hui

    Reply Reply January 4, 2009

    Thanks ongkl. I will have to plan a longer stay in JB to look around before deciding where to invest. I am looking for capital gain in my investment. Do you think the on-going Iskandar Development Region project can help to move up the price of property in JB in the future ? Can I contact you when I am in JB, so that I can discuss to you more details.

  • ongkl

    Reply Reply January 4, 2009

    Hi Winarto, regarding Iskandar Development Region, you can read our view at our previous reply to Raymond [url=http://reijb.com/inflation-coming-back/]here[/url].

    Please drop us a message through our “Contact” page before you come to JB. Hope can discuss with you in more details and see you around in JB.

    Cheers

  • Winarto P. / Fang Hui

    Reply Reply January 11, 2009

    hi ongkl, how is business situation in jb now ? in jkt/indonesia is slowing down than last year but the most effect will be in mid of this year as predicted by economist, growth rate around 5%. i have read your view on IDR, like you said if the investors are mostly speculators then it will not be a successful project. btw, how much is the average living cost in jb for a family of 4 as i would like to compare with jkt. the condo prices in s’pore are falling too, but still more than 3 times than in jb. do you know any blog side about properties in KL ? thanks

    • ongkl

      Reply Reply January 13, 2009

      Hi Winarto, local businesses here don’t seem to be affected much, yet. But workers working in Singapore are already terrified by actions taken by their emplyers last month, such as retrenchment, forced leaves, temporary shut down of production lines/plants…

      We would say the minimum livng cost in JB for a family of 4 can range from RM2000 (if you have owned a house) to RM3000. Housing and transportation costs are the major living cost here.

      We don’t know any blog about properties in KL. But you may visit the forum of http://www.realestate.net.my to find out more information about KL properties.

      Cheers

  • Winarto P. / Fang Hui

    Reply Reply January 13, 2009

    thanks ongkl for the informations. the living cost in JB is more or less the same as in JKT. anyway, i will check the website. cheers

  • JT

    Reply Reply January 14, 2009

    i was told Lido Boulevard is a good investment. can i have any feedback on this project?

    • ongkl

      Reply Reply January 14, 2009

      Hi JT,
      In Jan 2008, the developer, Central Malaysian Properties Sdn Bhd (CMP) said the project “is set to commence in March 2008“.

      In June 2008, again, the developer said “will start work in September 2008“.

      So sorry that most of the time we just have no faith in most new development projects in Malaysia, especially those claimed to be “one of the biggest private finance initiatives” in this uncertain period of time.

      Cheers

  • CY Lim

    Reply Reply February 2, 2009

    any idea whether Tebrau City Residence will be a good investment?
    What’s your opinion?

    Btw! Great post!

    • ongkl

      Reply Reply February 4, 2009

      Thank you, CY.
      You can read our reply to 雷門 here about Tebrau City Residence.

      Cheers

  • Justin

    Reply Reply February 6, 2009

    what do you guys think of Lagenda Tasek by IJM?

    • ongkl

      Reply Reply February 9, 2009

      Hi Justin,

      IJM is quite a prominent developer in Malaysia. However, with the economy situation right now, the risk of buying property from new project has increased due to the potential financing problem with both developers and buyers.

      We also find the location of Lagenda Tasek a bit inconvenient though it is located beside Jalan Skudai and adjoining to Larkin. Unless there will be some improvement of the traffic system there, otherwise future residents of the estate may find it a hassle to get in and out from there.

      Other than that, we also find Lagenda Tasek a bit ambitious with the number of units just like IJM’s Suria Mas apartment in Larkin. Maybe that’s the reason why they can be priced as the “affordable” apartments in the area.

      Cheers

  • divaha

    Reply Reply February 12, 2009

    hi, ongkl. i am newbie in jb investment. i am jbrian , work in sg. would like to invest in jb housing for cash flow. i also think that prime regency and dnp apartment is good . may i know is it a good investment ? how should i start from it?

    • ongkl

      Reply Reply February 13, 2009

      divaha, you can try to call several property agents and ask them to look for you availble units in these 2 apartments. Do some estimation on the return of each recommended units based on the information you gathered, and then go take a look to check their conditions.

      For your information, there is a notice board in front of the management office of Prima Regency that allows owners there to post their advertisements of rent/sale for their units. You may want to go and check it out. Just tell the guards you are going to the management office when you are asked at the main entrance.

      Cheers

  • Fauzi

    Reply Reply February 13, 2009

    Hi Ong,
    What do you think about Dwi Mahkota and Persiaran Tanjung Condo at Tmn Bukit Aliff..? How much the rental there for 3bed/ 2 bath ya? Any insight

    • ongkl

      Reply Reply February 13, 2009

      Hi Fauzi, from what we know, the rent there for a fully-furnished 3bed/2bath unit is about RM1000-RM1200.

      Cheers

  • Ang

    Reply Reply March 3, 2009

    Hi Ong,

    A great site indeed. Just wanna get reference from you for my recent investment plan. I’m originated from JB and currently working in S’pore during weekdays. I am interested in cash-flow investment in JB apartment such as Kippart and Pulai View which is around my residence area. Kippart is quite a new apartment where yet all developers’ units are sold. The owners are not seeling at RM 150k-170k. The rental is about RM 900- 1k. I heard it is quite a popular area but I am not familiar with the management. Whereby, Pulai View has a better management and many professionals are living there. The rental has been quite good, which is about RM 1500 -2000 (furnished unit). So, I would like to seek for your advice whether are they worth investing in a long run.

    • ongkl

      Reply Reply March 5, 2009

      Hi Ang,

      You can use our special property investment evaluation tool to examine if these two apartments are worth investing to you. This spreadshet can be downloaded free after you subscribe to our newsletter.

      Let’s take Kippart as an example, if you are young and entitled to say 30 years of tenure, with interest rate of 4%, monthly installment for a 90% loan of RM170k will be RM730. If the monthly maintenance fee plus sinking fund is RM150, you would get a gross monthly cash flow of RM120 before tax (quit rent & assessment + income tax exclusive) for RM1k rental with an approximate downpayment of RM25k (legal fee & brokerage inclusive).

      However, as you said, the apartment is still new and it’s subject to some uncertanties like the quality of the management and the neighborhood.

      For Pulai View, frankly speaking it’s one of our favorite properties. Relatively the investment capital required is higher compared to Kippart. We believe with its sound management it’s value will appreciate in long term.

      Cheers

  • khalid

    Reply Reply March 26, 2009

    Hi all,
    I find the discussion between goBetong and Ong very useful and insightful especially with regards the strata, even for wouldbe investors. Would anyone know of any new condo development coming up in JB?

    • ongkl

      Reply Reply March 28, 2009

      Hi Khalid,

      D’Esplanade Residence in KSL City of Taman Abad by KSL Properties Sdn Bhd and Lagenda Tasek in Taman Tasek by IJM Properties Sdn Bhd are expected to open in 2010.

      Cheers

  • May

    Reply Reply March 27, 2009

    Hi Ong,

    An entertaining yet insightful site, good job!

    I’d been looking for a properties to invest in JB, especially in Bayu Puteri & Prima Regency.
    Some of the agent are just..well..so not honest (or not sure?) that whether the BP is lease hold.

    The selling of that two location, in fact, are within my budget, how should i go for more bargain since they are 2nd hand?

    • ongkl

      Reply Reply March 28, 2009

      Hi May,

      There are Bayu Puteri 1, 2 and 3 apartments in Permas Jaya. They are all lease hold.

      If you know your budget and you have performed analysis on financing and potential return of each investment, simply go and view as many units as possible and then just offer a price much lower than your analytical result to the sellers of the units that you wanted.

      You may use our free property investment evaluation tool to perform the analysis and calculate your offer price. You can download the tool free by subscribing to our newsletter.

      In order to get more bargains, patience is the keyword. Wait for the sellers to come back for your offers. You may get surprised if you can wait..

      Cheers

  • May

    Reply Reply April 7, 2009

    What do you think about the Polo Park?

    • ongkl

      Reply Reply April 8, 2009

      Hi May,

      For a condo priced above RM300k with potential rent at around RM1500 only (furnished unit), we believe you can find other better investment propeties in Johor Bahru.

      Cheers

  • ee

    Reply Reply April 20, 2009

    Hi Ongkl
    As per your discussion w/goBetong above, do Wahidana worth to be invested?
    gB telling us Wadihana does not have strata title till now.. make me a bit worry
    do you know roughly the price of Wadihana now, any idea how mant rm/sqft?

    • ongkl

      Reply Reply April 20, 2009

      Hi ee,

      Recently we heard from the developer that strata titles of Wadihana have been issued. But we have yet to confirm this.

      Wadihana has 3 types of unit, ranging from 1600+ sq ft to 1850+ sq ft. The price is in the range of RM320k-RM350k. Current averege rent there is about RM1800. If you are able to rent it out above RM2400, or negotiate to get the selling price below RM300k, this is definitely a property worth investing.

      Cheers

  • ee

    Reply Reply April 20, 2009

    Hi Ongkl
    Thank you very much for the info. I will check again with the owner whether the strata title has already been obtained. If the price gone down to 300k, i might buy one there because its so convenience for me coz i m working in sg.

    By the way, is Pan Vista Apartment worth to be invested?
    I think the price is far lower than the others. is there any reason?
    Because location, management or?

    • ongkl

      Reply Reply April 25, 2009

      Good luck, ee. Currently I believe only those units that are still on developer’s hand may have a chance to go below RM300k. But in return they may want a certain quantity from buyer in order to offer that kind of low price. Maybe you can gather few buyers who are interested in Wadihana together and then negotiate with the developer for a “bulk” purchase price.

      Both location and management of Pan Vista are not so good.

      Cheers

  • simon

    Reply Reply May 11, 2009

    Hi Ongkl

    Do you have idea about Mewah View Apartment? It’s good for investment? I got a foreign friend, he was think to do some property investment in JB, any suggestion for him? So many thanks.

    simon

    • ongkl

      Reply Reply May 12, 2009

      Hi Simon,

      We are not familiar with this apartment.

      What kind of property investment that your friend is interested in? Does your friend has a goal or plan for property investment in JB?
      So far we believe rental apartments in JB are good investment. To find out why please read “Why apartment can be the best real estate investment?”

      Cheers

  • simon

    Reply Reply May 12, 2009

    Hi OngKl,

    Thx for ur prompt reply. My friend he is american. He was plan to stay in M’ysia after retirement. So what kind of property do you think is better for him to invest?

    cheers
    simon

    • ongkl

      Reply Reply May 14, 2009

      Hi Simon,

      He can visit the website of Malaysia My Second Home Program to find out more about this programme. If he wants to look for his own house here, we encourage him to look for one or two reliable local property agents and lawyers here first. Once they have helped him to shortlist a few properties of his interest then he may arrange to come and view them.

      We highly recommend rental apartments/condos in JB, either for his own stay or for rental income. He can consider Straits View and Prima Regency condos for their good environment and management.

      He may want to find his dream house here also for his retirement, but that’s purely fo his own stay because the return on investment may not be high. We recommend Bukit Indah for its nice environment.

      Cheers

  • Lyn

    Reply Reply May 14, 2009

    Hi Ongkl,

    I’m thinking of buying a unit in Larkin Suria Mas Apartment. Do you think it’s a good investment? I’m not too familiar with JB properties.

    • ongkl

      Reply Reply May 14, 2009

      Hi Lyn,

      Suria Mas is located in an area of high rental demand. That’s why you may find its price per square feet higher than other new apartments of the same range in JB like Mount Austin. The number of units per building is considered high, we believe this will limit the appreciation of the apartment in near future.
      However, in general, this apartment is worth investing because of the high rental demand due to its good location.

      Cheers

  • Lyn

    Reply Reply May 14, 2009

    Hi Ongkl,

    Thank you for your help and guidance. I find your website very useful and informative. Will take your advice.

  • Winarto P. / Fang Hui

    Reply Reply May 17, 2009

    hi ongkl, how are you ? i hope everything is fine with you. i read your recommendation to simon to invest in house in bukit indah for own stay, i consider that landed/terrace houses are more worth for long term investment. is bukit indah the same as taman bukit indah and why is the prices quite low ? so, for long term investment what do you recommend, landed houses or condos ? is difficult to get tenants to rent land houses ? thanks and cheers

    • ongkl

      Reply Reply May 18, 2009

      Hi Winarto,

      In long term, if you are not buying an over-valued house from the market, value of a landed house normally can appreciate higher. However, apartments and condos can secure constant and higher cashflow in urban area. This is because rental demand on landed house is not as high as apartment/condo. Apartments/condos provide facilities to their residents while landed houses make people feel more like a home.

      Buying a house as your home in fact is not an investment because you don’t expect it to generate income for you.

      Bukit Indah should be the same as Taman Bukit Indah in JB. However, there is one Taman Bukit Indah in Selangor also if you search from Internet.

      Cheers

  • din

    Reply Reply May 18, 2009

    Hi,

    Any views on Aloha towers? Are they a good buy? I m thinking of commuting to Sg on a daily basis as I work there, which is the most convenient condo to get. Was also thinking of Straits View

    • ongkl

      Reply Reply May 19, 2009

      Hi din,

      Aloha and Straits View are quite famous with their good management and environment. Aloha is also located in a premium area of JB. However, we found out that the average rental of these condos has been decreasing since last year just like Wadihana and Putri Indah condos, but their selling prices are still pretty stiff.

      If you want to buy for your own stay, then the decrease in rental now should be insignifican to you as economy will pick up eventually.

      Cheers

  • li

    Reply Reply May 19, 2009

    Hi Ongkl,

    This is truly a very informative site for all.

    Do you have any comment on investment in Aster Court, DNP Plaza, JB ? Are you aware whether the management is good and what’s the maintenance charges per sqft like ?

    Is it a good investment for rental income ? Looking forward to your advice. Thanks !!!

    • ongkl

      Reply Reply May 22, 2009

      Hi li,

      Aster Court is located in quite a good area. The management there is considered moderate. However, we don’t have the information about its maitenance charges. From what we know, the rental demand there is not as good as other places around it probably due to its high vacancy.

      Cheers

  • li

    Reply Reply May 22, 2009

    Thank you for the reply ongkl.

    This is strange indeed. I know that Aster Court is located in JB city (very near to the causeway, New York Hotel, and other office block) and next to Embassy Suite. Just curious why it has high vacancy. I thought its location is strategic and it should command quite a good rental. Do you have any insight of the reason for its high vacancy ?

    Cheers

    • ongkl

      Reply Reply May 25, 2009

      Hi li,

      We believe it is because of the environment and the design of the building.

      Most people don’t like the place because they heard that there are quite a number of night life workers staying there, while the design of the building makes the place look a bit deserted when you walk into the buiding.

      Cheers

  • sherry

    Reply Reply May 25, 2009

    I would like to get some info regarding ‘Pelita Indah condo’. Can someone provide more info?

    • ongkl

      Reply Reply May 29, 2009

      Hi sherry,

      Though it’s located at the heart of JB, the condition of this condo is very run down with poor management and thus occupancy rate is low. Layout of unit is considered big – 1600 sf. Now you can get an unit there at slighly above RM200k but do consider to look for others.

      Cheers

  • sho

    Reply Reply June 7, 2009

    hi mr.ong,

    im currently interested with the terrace house in setia tropika(for own living), i really like the uniquely design of sp setia, do u have any comments and views for that? thankx~

    • ongkl

      Reply Reply June 8, 2009

      Hi sho,

      If you are looking for a dream home, Setia Tropika is really a good choice in terms of design, environment and integrity of developer.

      Cheers

  • din

    Reply Reply June 8, 2009

    Sri Samudera looks like a nice condominium but I cant seem to find much information on it. Do you have any information and in your assessment do you think its a good buy for either investment or stay.

    • ongkl

      Reply Reply June 9, 2009

      Hi din,

      Though it’s located in a prime location, we still think that Sri Samudera is too expensive as an investment property. As we know, the purchase price of a property is the most crucial factor to determine if an investment property is profitable or not.

      If it’s for your own stay, then it very much depends on invidual, like your preference about the environment, neighbourhood, design, facilities, location, traffic and other factors of your dream home. Treat it as an expense instead of an investment to buy a dream home and you will not be confused to decide if it’s a good buy.

      Cheers

  • sho

    Reply Reply June 9, 2009

    thankx for the reply. mr ong

    ya…the environment and design is really nice…just worry about the location…seems like not very convenient for me as a resident who r working at singapore as i don’t think that i can afford the toll charges of plus highway… and most of my friends and relatives r all living around the area of skudai…and there’s not many chinese restaurant, cafe and also shopping mall around if compare with nusa bestari and sutera utama…and that’s the reason y im not really sure yet…

    • ongkl

      Reply Reply June 9, 2009

      Hi sho,

      Just imagine what kind of life you expect when you and your family are living in your dream home. Some people don’t care about the surrounding because they are contented to stay in their sweet home the whole day during holidays or after daily work. While some people mind about the neighbourhood and friends because they think their live should be more interactive with people.

      Personally I would make sure my family and I like the environment first before I can convince myself to live in the house.

      It is very subjective and individual to commend about a dream home. But it’s a wonderful process to rediscover yourself and to know what is more important to you. Take your time and enjoy it with your loved ones.

      Cheers

  • sho

    Reply Reply June 10, 2009

    thanx for the reply. mr ong

    erm…imagine…well…i wish my dream home would be built in a cosy environment amidst many hi-end iconic commercial and businesses complexes and user friendly public facilities…hehe…just imagine only…ya…so in your assessment and experience…would u foresee that this residential project could live up to the expectations as advertised in the brochure which portrait very advanced facilities and convenient shopping mall with leisure outlets comparable to PJ or bangsar at klang valley in the future around 8 to 10 years later? cos i love the feeling of city living and i hope i can still stay in my hometown here…

    • ongkl

      Reply Reply June 10, 2009

      Hi sho,

      I’m afraid my answer will disappoint you.
      I doubt in 8 to 10 years time any residential area in JB could develop to that standard, due to three constraints – geographic, demographic and politic :

      Geographical & demographic – JB has a vast area of flat land for development, which has made the population of the city scattered around. Only high concentration of population can demand for hi-end commercial and business complexes with advanced public facilities. Population density of JB (2,703/km2) is way too low compared to KL(7,388/km2).

      Politic – unless the government here can be much more efficient in town planning and urban management…

      Cheers

  • din

    Reply Reply June 10, 2009

    Hi,

    Would you happen to have to contact for the developer for Wadihana as you mentioned that they might still have some units that are available. Thanks . Once again, a great and informative website.

    • ongkl

      Reply Reply June 15, 2009

      Hi Din,

      Please contact Joey in our “Property Listing” page. She has the contact.

      Cheers

  • Jason Han

    Reply Reply June 10, 2009

    Hi Ongkl.

    Here is an auction for Prima Regency.

    Ref No: PAHJ2383(1)

    Auction Date: 24/06/2009
    Auction Place: Suite No. 1602, 16th Floor, City Plaza, Johor Bahru
    Auction Time: 3.00 pm
    Property Description: three bedroom apartment
    Land/Floor Area: 1050 Sq. Feet.
    Property Address: #03-02, Block 7 (Wembley Court), Prima Regency Service Apartment, Jalan Masai Baru, 81750 Masai, Johor darul Takzim.

    Reserve Price (RM): RM 140,000.00

    Cheers

    • ongkl

      Reply Reply June 11, 2009

      Thanks for sharing, Jason.

      Cheers

  • ee

    Reply Reply June 11, 2009

    HI Ong

    Do you have any idea on the market price now for Aster Court, DNP Plaza?
    lets say, 870 sft and 19 flr?

    • ongkl

      Reply Reply June 15, 2009

      Hi ee,

      Sorry, I don’t have that info at the moment. You may check it out from property agents.

      Cheers

Comment navigation

Leave A Response

* Denotes Required Field