Comments on: Will property price and rental fall further? http://reijb.com/property-price-rental-trend/ Real Estate Investment in Johor Bahru Wed, 09 May 2012 09:53:42 +0000 hourly 1 http://wordpress.org/?v=3.3 By: KCLau http://reijb.com/property-price-rental-trend/comment-page-1/#comment-22 KCLau Thu, 18 Dec 2008 08:51:39 +0000 http://reijb.com/?p=87#comment-22 This is the special effect that's happening in Singapore. Penang only depends on the hi-tech MNC investment here. If they are going to retrench their staff, demand of the local properties may drop, regardless of rental market and buy-sell market. This is the special effect that’s happening in Singapore.
Penang only depends on the hi-tech MNC investment here. If they are going to retrench their staff, demand of the local properties may drop, regardless of rental market and buy-sell market.

]]> By: ongkl http://reijb.com/property-price-rental-trend/comment-page-1/#comment-21 ongkl Thu, 18 Dec 2008 08:22:05 +0000 http://reijb.com/?p=87#comment-21 Theoretically, yes, rental markets in KL and Penang are expected to see the same thing happens. But there is one factor in JB rental market that KL and Penang markets do not have - Singapore. Within the next 6 months, Malaysian workers retrenched by Singapore firms will flow back to rent houses in JB while they look for new jobs. This may temporary creat another influx of tenants to JB. The strong Singapore currency will also attract more people from the north to come and find job here in long term, just like what has happened in the last 1997 Asian currency crisis. Cheers (Today S$1 can change for RM2.4) Theoretically, yes, rental markets in KL and Penang are expected to see the same thing happens.

But there is one factor in JB rental market that KL and Penang markets do not have – Singapore. Within the next 6 months, Malaysian workers retrenched by Singapore firms will flow back to rent houses in JB while they look for new jobs. This may temporary creat another influx of tenants to JB. The strong Singapore currency will also attract more people from the north to come and find job here in long term, just like what has happened in the last 1997 Asian currency crisis.

Cheers
(Today S$1 can change for RM2.4)

]]> By: KCLau http://reijb.com/property-price-rental-trend/comment-page-1/#comment-20 KCLau Wed, 17 Dec 2008 15:15:23 +0000 http://reijb.com/?p=87#comment-20 I think your explanation about the rental market applies to the market in KL and Penang too. Isnt' it? I think your explanation about the rental market applies to the market in KL and Penang too. Isnt’ it?

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