Comments on: Is Malaysia already in recession? What can we do now? http://reijb.com/recession-what-to-do/ Real Estate Investment in Johor Bahru Wed, 09 May 2012 09:53:42 +0000 hourly 1 http://wordpress.org/?v=3.3 By: ongkl http://reijb.com/recession-what-to-do/comment-page-1/#comment-120 ongkl Mon, 02 Feb 2009 11:29:37 +0000 http://reijb.com/?p=255#comment-120 Some people confront their fear bravely, so that they won't be afraid of the same thing again in future. Just like when we learn cycling, we fall but yet we cycle again. Some people choose to be an ostrich when come to fear. They hide and hope others will do the same thing also, so that they won't be seen. Just like when we lean cycling, we cycle with our eyes closed, we fall again. The most bravely move of Singaporean government in their 2009 budget is, they dare to reduce taxes with all means, which realy benefits the people and economy. Cheers Some people confront their fear bravely, so that they won’t be afraid of the same thing again in future. Just like when we learn cycling, we fall but yet we cycle again.

Some people choose to be an ostrich when come to fear. They hide and hope others will do the same thing also, so that they won’t be seen. Just like when we lean cycling, we cycle with our eyes closed, we fall again.

The most bravely move of Singaporean government in their 2009 budget is, they dare to reduce taxes with all means, which realy benefits the people and economy.

Cheers

]]> By: Hubert Ong http://reijb.com/recession-what-to-do/comment-page-1/#comment-114 Hubert Ong Fri, 30 Jan 2009 09:41:36 +0000 http://reijb.com/?p=255#comment-114 Singapore government is telling their citizens that is reccession is worst than 1997 asian currency criss, and nobody knows when it will hit bottom. The government anounced the 2009 budget on 22 January 2009 which UNPRECEDENT drawed to its reserves of S$4.9b, some MP said there may be off-budget if reccession is worsen in later part of the year. Why there is so much contrast view between Singapore and Malaysia goverment? Aren't both located in the same planet? http://www.singaporebudget.gov.sg/ Singapore government is telling their citizens that is reccession is worst than 1997 asian currency criss, and nobody knows when it will hit bottom. The government anounced the 2009 budget on 22 January 2009 which UNPRECEDENT drawed to its reserves of S$4.9b, some MP said there may be off-budget if reccession is worsen in later part of the year. Why there is so much contrast view between Singapore and Malaysia goverment? Aren’t both located in the same planet?
http://www.singaporebudget.gov.sg/

]]> By: ongkl http://reijb.com/recession-what-to-do/comment-page-1/#comment-98 ongkl Tue, 20 Jan 2009 05:33:45 +0000 http://reijb.com/?p=255#comment-98 Hi 雷門, Though we don't know much about this project and its developer, the location is definitely premium. We also learn that the price of most properties such as the apartments under this project is considered affordable for the quality they deliver. Happy Lunar New Year Cheers Hi 雷門,
Though we don’t know much about this project and its developer, the location is definitely premium. We also learn that the price of most properties such as the apartments under this project is considered affordable for the quality they deliver.

Happy Lunar New Year

Cheers

]]> By: Poul http://reijb.com/recession-what-to-do/comment-page-1/#comment-96 Poul Sun, 18 Jan 2009 22:44:13 +0000 http://reijb.com/?p=255#comment-96 Thanks Ong, very interesting article! The Malaysian government keep announcing that the world crisis is not going to affect Malaysia much. I can understand that they keep putting a positive slant on the outlook so as to not further dampen the confidence of the business community and the average citizen of Malaysia. However, I think they are wrong. Malaysia does not operate in isolation from the rest of the world, and despite the government injections of large amounts of funds into the economy and the propping up of the ringgit, the recession will hit home severely when the government coffers are empty and the effects of the slowdown in international trade hits with full force. I wouldn't be surprised to see the ringgit weaken shaply in the next 6 to 8 months. From a real estate perspective I think we'll see a buyers' bonanza over the next couple of years. Thanks Ong, very interesting article!
The Malaysian government keep announcing that the world crisis is not going to affect Malaysia much. I can understand that they keep putting a positive slant on the outlook so as to not further dampen the confidence of the business community and the average citizen of Malaysia. However, I think they are wrong. Malaysia does not operate in isolation from the rest of the world, and despite the government injections of large amounts of funds into the economy and the propping up of the ringgit, the recession will hit home severely when the government coffers are empty and the effects of the slowdown in international trade hits with full force. I wouldn’t be surprised to see the ringgit weaken shaply in the next 6 to 8 months. From a real estate perspective I think we’ll see a buyers’ bonanza over the next couple of years.

]]> By: 雷門 http://reijb.com/recession-what-to-do/comment-page-1/#comment-94 雷門 Sat, 17 Jan 2009 13:15:09 +0000 http://reijb.com/?p=255#comment-94 How do you think on Tebrau City Residences, Desa Tebrau? Shopping malls arround create much value. Developer is www.plenitude.com.my . How do you think on Tebrau City Residences, Desa Tebrau? Shopping malls arround create much value. Developer is http://www.plenitude.com.my .

]]> By: ongkl http://reijb.com/recession-what-to-do/comment-page-1/#comment-93 ongkl Sat, 17 Jan 2009 12:32:48 +0000 http://reijb.com/?p=255#comment-93 Hi, 雷門, sorry for the late reply. We found out that although the property values have been going down after Sep 2008, rental market is not much affected, yet. We believe the rent will not drop as fast as the property value, and thus give us more and more opprotunities to find properties with high rental yield. In other words, the gap between the selling price and the expected rental income of a property is becoming smaller now. But here we are only talking about residential properties because people still need a place to stay in hard time. Cheers Hi, 雷門, sorry for the late reply.

We found out that although the property values have been going down after Sep 2008, rental market is not much affected, yet. We believe the rent will not drop as fast as the property value, and thus give us more and more opprotunities to find properties with high rental yield.

In other words, the gap between the selling price and the expected rental income of a property is becoming smaller now. But here we are only talking about residential properties because people still need a place to stay in hard time.

Cheers

]]> By: 雷門 http://reijb.com/recession-what-to-do/comment-page-1/#comment-90 雷門 Thu, 15 Jan 2009 04:47:11 +0000 http://reijb.com/?p=255#comment-90 "Credit is tight, Approval of loan are low, ..." The person who wish to own a house are forced to rent one. Thus, there is a need in rental market while this recession. But, properties has no market, value is going down, this affects rental. Good timing for income producing properties? “Credit is tight,
Approval of loan are low, …”
The person who wish to own a house are forced to rent one. Thus, there is a need in rental market while this recession. But, properties has no market, value is going down, this affects rental.

Good timing for income producing properties?

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