Lowyat.NET: Latest topics by john_bitter

Ready Made Food Supplier

john_bitter — Sat, 21 May 2016 00:20:46 +0800

Hi all sifus, where can I find supplier for ready made food that's made for sandwiches. Something like Subway?
Thanks in advance.

Cancellation of Booking Fee

john_bitter — Thu, 14 Apr 2016 16:08:38 +0800

Hi,

Just wanted to know if anyone knows the law regarding booking cancellation for a rented property.
I was supposed to rent out my place to a tenant but they bailed out at the last minute.
They had already paid the earnest deposit to the agent but as I was away, I was unable to sign the booking form, so communicated through messaging instead. Now the tenant decided not to move in and have demanded their deposit back. I understand that they will have to forfeit their deposit if they cancel. However they refuse to and have threaten to sue.

Anyone knows what the laws are regarding this? Thanks in advance for your help.

JB Property Boom

john_bitter — Thu, 03 Jan 2013 16:24:49 +0800

Hi all,

Been following this forum quite religiously for a while. Noticed that there aren't many topics about properties in Johor Bahru. It's going through a property boom right now with prices close or more than those in Klang Valley. Sub sale prices are spiraling upwards and I'm sure those who bought properties in JB in the last 5 years must be smiling all the way to the bank now.

However, I feel that it's heading for a crash in the next 10 years as most properties are bought for investments and there's a dearth of rental tenants, especially with the current rental price. So the only people who can afford to buy those properties are foreigners and a handful of locals. There could, eventually, be an oversupply. The target market for these properties would probably be those working in Singapore, I doubt many Singaporeans would want to stay in JB, with heavy daily traffic in causeway and high crime rate. The cheaper cost of living could be a pulling power, though but many would probably choose safety over cheaper cost of living.

Any thoughts by the sifu's here about the opportunities down south?
Is it a good place to invest in?

Strata Title

john_bitter — Mon, 31 Dec 2012 14:50:25 +0800

Hi all,

Need advice from all the sifus here.
I'm pretty new at this property game although I bought a condo about 4 years back.
I'm planning to sell it - in fact there's a buyer.
Problem now is the strata title is being issued and the lawyer that's handling the transfer mentioned that
my buyer can only get the property in 2 years time after the transfers are complete.
I won't be able to sell it off in the meantime.
Not sure what she is claiming is right.
Is there any other ways for me to sell of my property within the next few months without being tied down by title transfer?

Soho, sofo, so high...

john_bitter — Wed, 15 Aug 2012 22:53:55 +0800

Hi all,

I was about to rent a soho in Kelana Jaya for my own stay and decided to call up Astro prior to that to check on some things.
I was told that all Soho properties are to be billed under business category for Astro because it is considered a commercial property.
This works out to RM200 per channel.

I was also told that electricity and water bills are under commercial category as well.
So I'm assuming even Unifi will be charged under commercial property.

Has anyone come across this case?
If it's true, then it's not worth buying residential properties like service apartments, soho's etc which carries the commercial title.

Any thoughts, comments?