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Old 13-07-2011, 03:27 PM
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Re: Malaysian Ringgit rate update

Quote:
Originally Posted by eg5354 View Post
From my understanding, foreigners are only allowed to buy property from developer but not resale unit. The reason may be because there are oversupply of many newly constructed landed houses still cannot be sold. Yes, Johore is big. Surplus of land

Most of the resale units are mostly mature estates with good location like town area and are reserved for malaysian to buy only. At least ur garment take good care of their citizens housing needs. Unlike Sillypore garment!

The minimum amount for buying a property in malaysia by foreigner has been raised up to rm500,000. Reason could be due to cheaper housing has to be reserved for malaysians only. I oso ustand teres quota for foreign ownership too.

Foreigner who wanted to buy property in msia not only have to pay levy + stamp duty + lawyer fee, application to purchase the property need to be submitted to foreign investment committee in KL for approval. OK

Recently, i notice that the standard of living in JB is getting higher. A plate of chicken rice use to be sold at rm3 now increase to rm4. Bak ku teh last time at rm6.50, but now up to rm8. But the increase in the price of goods and services in other states is not so significant and substantial unlike JB. Still cant beat Sillypore cost of living ya!

Even for massage, charges in some mp in JB is really ridiculously expensive e.g. rainbow mp at jln serampang, the prc/NL masseuse also ask for additional money of rm50-100 for roaming beside the rm60 massage fee, rm5 pull curtain fee and request for tips. But this is unlikely to happen in other states. Like in KL, a FJ session with a PRC streetwalker in town who has her own hotel room, you can enjoy with just rm100 for a fj with rubber provided somemore.
Tks for those info ya. Will up u when power resume...
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