Benefits of Buying a Johor Bahru Property in Malaysia and Retirement Homes in Si

Posted by Admin on August 4th, 2014

Johor Bahru in Malaysia is the chief gateway to and from Singapore. Neighbouring Singaporeans and tourists from the island cross over to Johor through the Causeway. The city is a major industrial, commercial and tourist hub. As a result, the population of Johor is the highest in the country. This is why; a property in Johor is worth considering.

Property Boom in JB

A Johor Bahru property is currently the hottest in Malaysia. Hence, it is attracting investors not only from Singapore but also from other countries. In fact, the city seems to be developing faster than one would have imagined. Hence, real estate prices have almost doubled and some projects even more. With the increase in the number of skyscrapers, there are plenty of foreigners investing in them. Moreover, the condominiums are constructed with the finest materials; granite and marble. Most of them are luxury condos with the high-rises towering between 30 and 40 floors. Some of the properties are marketing 5-star amenities and lifestyle. Moreover, most people especially the younger age groups prefer living in condos mainly because of the security it offers besides the amenities.

Singapore Freehold Units

In Singapore, property tenures consist of two types; freehold and 99-year leasehold. Although, in the last few years, new leasehold condos have taken over the real estate market and the sales of these types of properties are on the rise, a freehold property in Singapore has more advantages. It has a slower depreciation and higher potential collectively. However, broadly speaking, freehold condos may not always have a higher price appreciation compared to leasehold counterparts. Interestingly, if you analyse specific properties in the two categories, you will find that despite the tenure, during an upturn if there is price appreciation, the greater will be the fall in property values during a downturn. This was the case between 2000 and 2002. However, in the case of terrace houses, freeholds have performed better than leaseholds.

Community Care Homes

Retirement homes in Singapore will soon be a reality in Jalan Jurong Kechil when the fabulous Hillford Condo will be ready in 2017. This retirement resort is envisioned for independent seniors offering a whole lot of amenities, resort-style. Providing 24-concierge and services such as medical care, domestic help and meals, this is the ideal home village for retirees. Integrated development is envisaged with retail shops providing services at your doorstep. This iconic development with 281 units has road frontage; you can avail of a range of apartments starting from single bedroom units to two BR and two-bedroom units with dual key. They are affordable with leasehold of 60 years. There is a golf course and a stadium close by.

This content is written by a professional author who describe the detail of Iskandar Malaysia property and Iskandar property.