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Living in JB 3 (Johore)

Discussion in 'A Singaporean's guide to Living In JB' started by wuqi256, Aug 15, 2012.

  1. streams

    streams Alfrescian Old Timer

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    Is re-financing every few years important? I have housing loans for almost 4 years. And is it better to place all loans under a fav bank or spread them out to different banks.

     
  2. FHBH12

    FHBH12 Alfrescian Old Timer

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    Re-financing works well in Singapore where there are many packages (e.g. Sibor, SOR, fixed, floating pegged to deposit rate etc), and price wars break out among the banks occasionally. Due to the need to stimulate the economy and the already quite high-interest rates, the Malaysia banks seldom adjust the rates nowadays. It is quite a hassle to change bank if you are not based in JB and don't have the energy/time to entertain requests for documents and signatures. There are also administrative charges and early redemption of loan depending on the fine print in your loan contract.

    It is better to loan under the same bank as you can negotiate for better rates (e.g. interest rate, admin charges etc) and it is also administratively easier for you to monitor. 4.25% you obtained is actually quite good. Do buffer at least 2 months of loan installment into your account to avoid missing installment, which will send the rates going up by 2-3% as a penalty.
     
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  3. Investor

    Investor Alfrescian (Inf)

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    If they have reduced the 30 days of Social Visit Pass for Singaporeans to 21 days, this is a big change and should have been reported in SG's news.
    There should also be new Arrival Stamps which state 21 days instead of 30 days.
    MACS stickers will also be changed to reflect the same.
    Have all these happened yet?
     
  4. Investor

    Investor Alfrescian (Inf)

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    Another question is - Do they mean a continuous stay of "3 weeks" in Malaysia without exiting? If yes, it's back to the same "exit and re-enter", just that it must be every 3 weeks instead of 30 days.

    Lastly - Is it illegal for a Singaporean to visit Johor every day for different reasons?
     
  5. FXHarvest

    FXHarvest Alfrescian Old Timer

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    Seems like it has not happened yet. My mom has applied for MACS and since then we were never questioned again.

    Yes, they mean a continuous 3 weeks without exiting.
    I don't think it is illegal to visit JB every day but it seems to me it is illegal to use the short-term visa free period to reside as a long term resident there, and trying to get around it by just stamping the passport within the visa-free period.
     
  6. Manhattan

    Manhattan Alfrescian Old Timer

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  7. Grago

    Grago Alfrescian Old Timer

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  8. congo9

    congo9 Alfrescian Old Timer

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    I seen one at Molek Pine 2 , I am thinking buying a big one. Is it over prices at 1.68 million RM ? The place is 28oo Sq ft
     
  9. menghuii

    menghuii Alfrescian Old Timer

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    not boasting but if r earning S$ you know how cheap the house is right?
     
  10. congo9

    congo9 Alfrescian Old Timer

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    Hi Friend, i really don know where to get cheap house so call. That why i need to seek advice from you guys who are Gurus in JB property market. But is it worth the salt of money to buy into Molek Pine with RM 1.68 Million. I mean the Terrace and Bunglow is also at this price too at Johor.
     
  11. snowbird

    snowbird Alfrescian Old Timer

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    Cheap or expensive is relative.
    There are many factors affecting the property price, even same type of unit within the same neighborhood, prices varies.
    Location is main factor, then the neighborhood's security, the amenities around, the roads leading in and out of the estate, etc.....
    What are your priorities, requirements and what are your financing resources and threshold and talk to a reliable and experienced property agent.
    Do some homework and then you'll be able to answer to yourself is RM1.68mil reasonable.
    However, in SG, this amount can't even buy you a HDB 5rm flat is popular estate.
     
  12. kcwx35

    kcwx35 Alfrescian Old Timer

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    Bro, I am also same situation like you. Looking at Eco Botanic with land area of 2100bsqf and built up area of 2918 sqft. It costs around RM$1.4M.
    Frankly speaking, not sure whether it is cheap.
    We like it even after looking at other projects. So I am ready to go for it.
     
  13. congo9

    congo9 Alfrescian Old Timer

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    HDB dweller like me do not know how to look after big house, specially landed. I would prefer a condominium that someone will get all the work and maintenance done hopefully.

    What happen if i a snake comes running into my compound or rats. Burst piping... exterior painting. That's a lot to think about.

    Condominum at least the exterior and facility is taken care by other professional.
     
  14. eric3417

    eric3417 Alfrescian Old Timer

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    Eco Botanic is strata status. Same principles as a full fledge condo with MC to run all common facilities & external facade etc.
     
  15. Mummymoo

    Mummymoo Alfrescian Old Timer

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  16. cybermad

    cybermad Alfrescian Old Timer

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    why can't they have portable scanners so that motorists don't have to leave the car ?
     
  17. snowbird

    snowbird Alfrescian Old Timer

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    Finally, days of free parking in the suburb is over now.
    MPJBT has already put up paid parking signboards all over JB to remind motorists that parking charges on marked lots are already implemented.
    Unlike in SG where the parking coupons are easily available in all petrol kiosks, 7elevens, etc. but not here!
    So, all motorists, better have some coupons in your car in case you need to use.
     
  18. kcwx35

    kcwx35 Alfrescian Old Timer

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    Yes. There are pro and con with Strata titles. Hope that the MC will do a good job in maintaining it.
     
  19. AHGS14

    AHGS14 Alfrescian Old Timer

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  20. streams

    streams Alfrescian Old Timer

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    In that case, I hope I can place the loans under the same bank. what do you think of UOB, OCBC and HSBC? much thanks.
     

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